Base Project Uptopia Receives $4 Million Funding to Build Launchpad for Onchain Games

A web3 gaming project called Uptopia aims to provide liquidity support to the On-chain gaming projects via increasing accessibility of their token.

Published by

Sneha Agrawal

June 19, 2025

Base Project Uptopia Receives $4 Million Funding to Build Launchpad for Onchain Games

Uptopia, an emerging on‑chain gaming platform built on Coinbase’s Base Layer‑2 network, has announced the successful close of a $4 million pre‑seed funding round. The round was led by Pantera Capital, with participation from The Spartan Group, Coinbase Ventures, Kyber Ventures, Istari Ventures, Arche Fund, Zentry, and Vessel .

Uptopia, set to launch tomorrow, is a next-generation launchpad and discovery ecosystem for Web3 games. The platform aims to offer developers deeper engagement pathways, while giving players enhanced visibility and access to emerging titles under one roof. The core elements of its architecture are game token launch, liquidity support, and community building.

Gaming Launchpad Uptopia To Help Web3 Projects

Uptopia operates within the thriving Base ecosystem, Coinbase’s Ethereum Layer‑2, which enables low-cost, fast, and secure smart‑contract execution. It is leveraging Base’s L2 performance as it provides sub‑$0.01 transactions and ~1‑second finality with both minting in‑game assets and token trading happening in real time. This will ensure smoother gameplay and richer UX experiences compared to legacy Layer‑1 models.

The platform believes that by removing friction in navigating game drops, token launches, and community coordination, both the onchain gaming players and developers can grow. It leverages low‑gas, on‑chain rails to provide tooling for Game launches and token generation events. With this, it aims to boost liquidity incentives for game token economies.

It further involves Discoverability features that enhance social graph integration and community virality. In its X post, the project said, “Uptopia is here to help games find their audience through onchain discoverability, made possible by game coins.”

Thus, Uptopia will initially focus on Base-based game token launches and community-building campaigns.

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Web3 Gaming Industry is on Steady Rise

The project Uptopia’s bid at revival when the web3 gaming industry is trying to rise steadily. Overall funding for On-chain gaming projects in Q1 2025 has decreased by 71% to stand at mere $91 million. However, popular gaming project Immutable has seen its average daily transactions increasing by 5.7 QoQ – to 498,000 from 469,000.

Thus, with the funding and user activity witnessing steady rise in Q2 2025, the industry is expected to grow and develop further. The projects Uptopia promise good prospects for the liquidation problem of the On-chain games.

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About Author

With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Brandtalk section, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.