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Home Blockchain

Investors Pledge $100M For Blockchain-Based Gaming

admin by admin
November 6, 2021
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Investors Pledge $100M For Blockchain-Based Gaming
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By Elise Hansen (November 5, 2021, 10:00 PM EDT) — Lightspeed Enterprise Companions, cryptocurrency trade FTX and blockchain investor Solana Ventures on Friday mentioned they’re teaming up on a $100 million fund to assist blockchain-based on-line gaming.

The enterprise will spend money on gaming studios, platforms and firms that construct the underlying applied sciences for “Web3” gaming, Amy Wu, a companion at Lightspeed, mentioned in a tweet Friday. Web3 refers to what some see as the subsequent model of the web, which depends closely on decentralized and distributed infrastructure somewhat than centralized servers.

“We consider gaming is among the greatest alternatives to onboard the subsequent billion customers onto Web3, and one among…

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