Business

Solana Ventures, Lightspeed Venture Partners and FTX launch $100M gaming fund By Cointelegraph




A few of blockchain’s greatest enterprise corporations have spearheaded a brand new funding fund devoted to Net 3 gaming, often known as GameFi, doubtlessly opening the door to a extremely profitable business that sees cryptocurrency and blockchain merging with the normal gaming sector.

On Friday, Ventures, Lightspeed Enterprise Companions and derivatives alternate FTX introduced the launch of a $100 million GameFi ecosystem fund. The funds shall be used to spend money on gaming studios, expertise corporations and different tasks “on the intersection of blockchain and gaming,” the businesses stated.