GET A PIECE OF GAMEFLIP
Digital Marketplace for Gamers
$1,601,444.95 Raised
Reasons to Invest
- STRONG TRACTION: Gameflip has already raised $10 million from Silicon Valley VCs and has facilitated lifetime sales of over $160M (GMV) from our community of more than 6 million gamers.
- RIGHT MARKET TIMING: The global games market is projected to grow to a staggering $204B by 2023, with 77% of that revenue coming from in-game digital items.*
- EXPERIENCED TEAM: The Gameflip team previously built and sold their games publishing business, Aeria Games, and has partnered with Marvel and Ubisoft to develop multiple top mobile games.
Overview
We are Changing Gaming
Gameflip is a leading marketplace powered by advanced technology that ensures simple, safe transactions for all things digital. Gameflip offers gamers the ability to “flip” their gaming items and assets. We’ve already achieved sales on our platform of $160M+ to date, with $10M raised from Silicon Valley VCs, and over 6 million users and are already working with emerging technologies like blockchain and Web3 gaming.
By 2023, sales of digital in-game items are expected to make up 77% of yearly revenue for the $204B gaming industry. Our technology has been optimized for the last 7 years and is positioned to address this billion-dollar market opportunity.
(source)
Validated by an industry shift towards an open, player-owned gaming ecosystem, our team has continued developing the capabilities of the Gameflip platform. Our unique, in-house commerce infrastructure already accommodates transactions for digital gaming items and assets.
The Problem
Gamers Spend Billions of Dollars in Today’s Games But Own Nothing
Today, gamers purchase billions of dollars worth of digital gaming items, while earning even more items by investing countless hours playing their favorite games.
(source)
Due to the technology limitations of current games, the value of these digital items are locked within the associated games and only a tiny percentage can be traded or resold amongst gamers. Because of this, many will lose the vast majority of their investment as soon as they stop playing a game.
Gameflip has provided a solution for gamers to transact their digital goods since their launch in 2015, bringing millions of gamers together to buy, sell, and trade these digital items.
Looking to the future, Gameflip’s technology is forward-compatible, whether it’s blockchain or AI, the platform was built to be extensible with these emerging technologies. Gameflip believes that commercial blockchain technology can be integral to player-owned economies in the future of the gaming industry. Clear ownership, verifiable authenticity, and ease of transferability will provide valuable and equitable benefits to the entire ecosystem.
The Market
Gameflip was Built for the Future of Gaming
The $175B global games market is undergoing a massive evolution. Key players within the gaming industry such as EA, Ubisoft, and Square Enix have announced major recent strategies and investments into blockchain-based games. The free-to-play model has become a lucrative strategy for many game publishers, as an expected 77% of yearly revenues will come from digital in-game items by 2023.
Investments into blockchain game development have grown exponentially, with $2.5B invested in Q1 of 2022 along with hundreds of millions more from blockchain technology companies such as Binance, Solana, and Polygon. As such, the blockchain-based gaming market is forecasted to grow at a breakneck pace from $1.5B in 2021 to an incredible $50B by 2025.
The GAMEFLIP Solution
An Ecommerce Platform to Power the Growth of the Gaming Industry
Gameflip has launched a cutting-edge marketplace platform that enables gamers to buy and sell digital assets including in-game items, gaming assets, collectibles and games through simple, safe transactions. While current digital asset marketplaces have complex transactions and security challenges, Gameflip is a proven commerce solution that provides an intuitive checkout flow with built-in consumer protection for mainstream users.
Gameflip employs a marketplace business model, generating revenue from both buyers and sellers for each completed transaction on its platform. Revenue is generated from buyer purchase fees, seller sales commission and seller cashout fees.
Looking forward, as a compliment to their proven marketplace solution for traditional video gaming items, Gameflip will power the growth of the gaming industry by delivering a full suite of blockchain-based products and services to enable gamers, creators, brands, and developers to connect, safely conduct commerce, and mutually share the benefits.
As gaming evolves, Gameflip is poised to stay at the forefront of any emerging technology.
Our Traction
Over 6 Million Users Strong & More Than $160M in Sales (GMV) Facilitated
Even with limited tradability of digital items in games today Gameflip has seen extraordinary success to date. We have facilitated more than $160 million in lifetime sales (GMV), with $25.8 million in 2022 alone. Our community consists of more than 6 million registered users, who have created over 40 million listings. Meanwhile, the Gameflip app has received a combined 3 million downloads across the Apple and Android stores.
But most notably, we’ve been validated by product experts and investors. We’ve already raised over $10 million from Silicon Valley VCs including Bullpen Capital, GoAhead Ventures, PlayNext, and LightBank.
Why Invest
Join Our Quest to Craft the Future of Gaming
Our flexible marketplace provides gamers a safe, secure ecosystem to trade and sell their digital assets, and with an easy-to-use platform. Gameflip was built to stay ahead of emerging technologies like blockchain-based gaming, and we are securing partnerships with game developers and publishers.
Currently in development, our white label B2B commerce solution will include developer-friendly API access to features such as account management, digital wallets, payment, security, fraud detection systems, financial compliance, and marketplace functionality.
Join our journey towards transparent digital ownership and help us create the future of gaming. Invest in Gameflip today!
ABOUT
HEADQUARTERS
55 S. Market Street
San Jose, CA 95113
WEBSITE
View Site
Gameflip is a leading marketplace powered by advanced technology that ensures simple, safe transactions for all things digital – offering gamers the ability to “flip” their gaming items and assets. With sales on our platform of $160M+ to date, $10M raised from Silicon Valley VCs, we are changing gaming and aim to power digital commerce for the evolving gaming industry.
TEAM
JT Nguyen
Co-founder, CEO & Director
Prior to Gameflip, JT served as COO of Aeria Games, a global publisher and developer of free-to-play games, where he led the effort to grow the business to over 300 global employees and $120M+ in yearly revenue.
JT obtained his MBA from the UCLA Anderson School of Management, his MS in Electrical Engineering from Stanford University and his BS in Engineering from the University of Illinois at Urbana-Champaign.
Terry Ngo
Co-founder and CTO
Prior to Gameflip, Terry served as CTO and co-founder of Aeria Games, a global publisher free-to-play games, where he led the effort to build the publishing platform and scaled it to support over 40 million global gamers.
Terry obtained his MS in Electrical Engineering from Stanford University, his BS in Computer Engineering and BS in Mathematics from Southern Methodist University.
Udayan Sharma
Director of Marketing
Prior to Gameflip, Udayan was in the digital free-to-play gaming space as Director of Marketing at Aeria Games.
Udayan holds an MBA from Purdue University, Krannert School of Management and a BS in Electrical Engineering from Oregon State University.
Matheus Arnellas
Head of Operations
Matheus served in production, marketing and operations roles at companies such as Electronic Arts, Aeria Games and PlayNext.
Matheus holds an MBA from FIPE São Paulo and a bachelor's degree in Marketing & Advertising from PUC Campinas - Brazil.
Bryan Talbot
Head of Engineering
Prior to Gameflip, Bryan was the platform architect at Aeria Games where he designed and oversaw the implementation of the global publishing platform.
Bryan earned a BS in Computer Engineering from the University of California at San Diego (UCSD).
Nitay Souza
Operations Manager
Lan Hoang
Chairman of the Board
Phil Brady
Board Member
TERMS
Gameflip
Overview
PRICE PER SHARE
$0.50
DEADLINE
Dec 16, 2023
VALUATION
$34.78M
FUNDING GOAL
$10k - $2.5M
Breakdown
MIN INVESTMENT
$250
MAX INVESTMENT
$2,500,000
MIN NUMBER OF SHARES OFFERED
20,000
MAX NUMBER OF SHARES OFFERED
5,000,000
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Non-voting Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based Investment Incentives
Super Early Bird
Invest within the first 72 hours and receive 10% bonus shares.
Early Bird
Invest within the first two weeks and receive 5% bonus shares.
Amount-Based Investment Incentives
$500+ | Apprentice
Invest $500+ and receive 2% bonus shares + $25 in *Gameflip Credits.
$1,000+ | Journeyman
Invest $1,000+ and receive 4% bonus shares + $50 in *Gameflip Credits.
$2,500+ | Adept
Invest $2,500+ and receive 6% bonus shares + $125 in *Gameflip Credits.
$5,000+ | Expert
Invest $5,000+ and receive 8% bonus shares + $250 in *Gameflip Credits.
$10,000+ | Master
Invest $10,000+ and receive 10% bonus shares + $500 in *Gameflip Credits.
$20,000+ | Champion
Invest $20,000+ and receive 10% bonus shares, $1000 in *Gameflip Credits, and **Conference call with CEO.
NOTES
- *Gameflip Credits to be issued 60 days after the closing of the crowdfunding campaign and expire 30 days after they are issued
- **Conference call with CEO to be scheduled within 60 days after the closing of the crowdfunding campaign and runs for 30 minutes
*All perks occur when the offering is completed.
The 10% for StartEngine OWNer’s Bonus
IJJI, Inc. (DBA Gameflip) will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Non-Voting Common Stock at $0.50/share, you will receive 110 shares of Non-Voting Common Stock, meaning you'll own 110 shares for $50. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
The Company will not incur any irregular use of proceeds.
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
$250
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500
Apprentice
Invest $500+ and receive 2% bonus shares + $25 in *Gameflip Credits.
$1,000
Journeyman
Invest $1,000+ and receive 4% bonus shares + $50 in *Gameflip Credits.
$2,500
Adept
Invest $2,500+ and receive 6% bonus shares + $125 in *Gameflip Credits.
$5,000
Expert
Invest $5,000+ and receive 8% bonus shares + $250 in *Gameflip Credits.
$10,000
Master
Invest $10,000+ and receive 10% bonus shares + $500 in *Gameflip Credits.
$20,000
Champion
Invest $20,000+ and receive 10% bonus shares, $1000 in *Gameflip Credits, and **Conference call with CEO.
JOIN THE DISCUSSION
0/2500
PINNED BY STARTUP
Janice Makela
8 months ago
If you are marketplace, how many individual clients used your services to buy and sell last year? Second, what game companies/ platforms are you aligned with? Are you the preferred marketplace for any server? How do you compare to the competition and what are you doing to make sure people use you and not the competition?
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Scott Paterson
6 days ago
I would like to invest, but a simple thing like your website not working is a problem: https://gameflip.com/
It's very easy to redirect this to the https://gameflip.com/en URL. Please be professional. If someone types gameflip.com in their brower, they should be able to get to your website anyway.
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Yosef Hertz
17 days ago
2022 revenue was $3.09M as mentioned below, what is going on in 2023? Can you provide YTD numbers or the most recent numbers you can post.
1
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Ashish Gabrial
a month ago
Hello,
Could you please help me understand, if the sales from your platform is $160 million that’s basically your revenue, right?
And if revenue is $160m then why is the company evaluation is only around $35 million??
And also your financial details section says otherwise, its not showing revenue as $160 million and shows your net profit in minus.
Could you please explain?
1
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Yosef Hertz
3 months ago
What was your revenue for 1st half 2023? What percent is recurring? As this is closing soon, please update that and other traction. Thanks
1
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ASHVINKUMAR PATEL
3 months ago
What is or was your relationship with Aeria Games company?
1
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Ryan Durig
4 months ago
Hi,
I see that the last round of investments have been vested. Will I receive an email or something in the mail eventually certifying the shares? Thank you.
1
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Tom Wright
5 months ago
Hi JT,
Hey I'm sorry I missed you at the Gamer Conference. I didn't see your message below until it was too late! I didn't know about that conference. I do live in the Bay Area, so the next time there's an event here that you'll be attending, I'd love to come by and say Hi.
Thanks!
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Tom Wright
5 months ago
I have purchased over 5,000 shares of Gameflip, and I am so damn excited for the future!! Online gaming and the metaverse are MASSIVE MARKETS, and they are THE FUTURE. ...... I love Gameflip!!
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HOW INVESTING WORKS
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PINNED BY STARTUP
John Sklarosky
3 months ago
1
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