When the balance grows, the user can let them continue to rise, use the money for in-app-purchases in video games, invest it or withdraw it. Around $10,000 will be distributed to the top 25 per cent of all users in the leaderboard each week, with top place earning $1,000. Money is also earned through a weekly leaderboard payout, where gamers are ranked on the number of missions completed. A mission allows a gamer to test a new game or playing their favourite games at higher levels. The platform aims to encourage gamers to make savings, but the platform will support the automatic saving and winning of money, across a range of mobile games, according to the company.īlast accumulates money in an FDIC-insured account earning 1 per cent APY, alongside any dividends earned through ‘missions’. ‘Trigger savings’ are made through a gamer setting goals, such as the number of enemies defeated, turrets destroyed or matches won, in PC games such as Candy Crush, a mobile match-three images puzzler, or Counter-Strike: Global Offensive, an online first-person shooter.

The free-to-use platform helps gamers to save money in their Blast wallet through ‘trigger savings’ which can be increased through interest paid on balances, dividends from ‘missions’, and weekly leaderboard payouts. Moreover, Zynga, Pocket Gems, and Disruptor Beam have teamed with Blast to create custom ways for players to micro-earn and save money. In the initial phase of funding, contributions came from the Forbes and Roth families, Core Innovation Capital, Great Oaks Venture Capital, Snowmass Private Equity, and Wilson Sonsini Goodrich & Rosati, among others. Investors in the latest seed injection included personal growth entrepreneur Tony Robbins, Palo Alto-based FinTech fund CreditEase, and influencer-focused VC fund RX3. All games on the Google Play store are supported through Blast. In tandem with this funding close, the company has launched its app on the Google Play Store providing support of Android phone users.

With the injection of an additional $7m and an initial tranche of $5m raised earlier in the year, Blast has closed the seed on $12m. California-based Blast, a gamification platform designed to encourage gamers to save and earn money, has closed its seed round on $12m.

Blast app play games earn money