Game Lounge

18.08.2022

/ 2 min read

Game Lounge and Synapse collaboration will let you create your own slice of paradise in the Metaverse.

Game Lounge brings something never seen before in the Gamified Defi space, bolstered by the unique qualities of the Metaverse. Their takes on space personalization and customisation will grab the […]

Game Lounge brings something never seen before in the Gamified Defi space, bolstered by the unique qualities of the Metaverse. Their takes on space personalization and customisation will grab the interest of many of the more gaming-focused demographic in the Meta ecosystem. 

Overview

A lot of projects aren’t able to bring up their foundation and match the vision that started everything for their teams, and what some of them instead find difficult is to prepare a step-by-step, long-term strategy able to bring out the full potential after their amazing starts. Game Lounge brings a brilliant idea to a prolific market while sustaining it with some of the most interesting and creative design choices of their niche, solidifying its place as one of the Gamified Meta projects to keep watch of during this bear market.

Challenge

With the proficiency shown by Game Lounge in the fundraising and design departments, Synapse comes in mainly to bring out the best in the roadmap planning department, creating a proper supporting infrastructure to let Game Lounge develop its core solutions. Another important aspect of any project is the ability to provide value directly on site, and as such Synapse endeavours to create optimal staking and vesting solution for the GL team, to match the quality shown by the baseline products provided by Game Lounge.

Solution

As already briefly mentioned, Game Lounge was able to properly create its foundation, giving us the chance to fully focus on our Advisory solutions, and on the creation of a solid set of supporting features for Game Lounge and its community. By introducing vesting and staking tools able to properly support the initial growth of the project, Synapse will be able to proceed with a more seamless introduction of the advisory direction that Game Lounge needs to properly express its potential in a long-term perspective. Further collaborations will be based on the current iteration of advisory solutions, and as such, vesting and staking are key in the stabilization of the project in this bear market. 

Implementation

Since we haven’t been part of the creation and the fundraising of Game Lounge, we don’t have the usual dataset based on launchpad success rate and Synapse VC Fundraising effort. 

What we do have instead, is a new outlook for our advisory solutions, which alongside the vesting and staking features provided by the Synapse Tech Labs will be a crucial component in the success of Game Lounge during this difficult period in the market. By adding already stable and secure tokenomics directly after the start of Game Lounge growth, we were able to start preparing the terrain for further intervention in the future. 

Synapse will coordinate with the Game Lounge team to develop the proper infrastructure needed by a newly integrated Metaverse project, while also covering all the pain points that companies without a strong Advisory backing may encounter. 

We expect to see a lot of progress brought in by Game Lounge, especially in the Gamified DeFi ecosystem, and we plan to be part of that progress by fully supporting what we already see as a long and successful collaboration between our teams.