GamerPay YC Application

Summer 2021Acquired

GamerPay went through Y Combinator in the Summer 2021 batch as a Consumer company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Summer 2021
Industry: ConsumerGaming
Team size: 6
Status: Acquired
Launched: 2021

Founders

Martin Lykke SuhrFounder
Morten ByskovFounder
Peter HaldbækFounder
Mathias HermansenFounder

What GamerPay does

GamerPay is a marketplace for trading gaming skins and assets without scams. We do this by integrating with games to instantly validate all trades. We launched 3 months ago and transacted 245.000 dollars growing 30% MoM. Talking to 5.000 gamers we learned that 46% have been scammed more than once. Over half are minors, who are stuck trading for cash on social media due to their age. We are the first to build a fully compliant system for parental consent, enabling the majority of gamers to trade legally and giving the parents peace of mind. There are 215 million trades annually in games we support. We make 7 dollars on average per trade. So a $1.5B initial market, growing fast alongside gaming and blockchain game economies. The team behind previously co-founded the largest transactional marketplace for secondhand high end clothes in Denmark, with 1 million users and a yearly transacted GMV north of $40 million.

GamerPay's YC application, reconstructed

Y Combinator application

GamerPay, Summer 2021 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

GamerPay

Describe what your company does in 50 characters or less.

Marketplace for trading gaming skins without scams

What is your company going to make? Please describe your product and what it does or will do.

We built a marketplace that lets gamers trade skins and in-game assets safely without scams by integrating directly with games to validate trades instantly. We also handle parental consent to let minors trade legally, which no one else fully supports.

Where do you live now, and where would the company be based after YC?

We live in Copenhagen, Denmark, and would base the company here after YC.

Explain your decision regarding location.

The team's roots and network are strongest in Copenhagen, and it's where we have already built momentum and product-market fit.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real GamerPay YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from GamerPay's public data (launch notes, founder backgrounds, product description). It shows how a company like GamerPay would present itself to YC, not the text they submitted.