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Home Blockchain

Investors Pledge $100M For Blockchain-Based Gaming

by Crypto News
November 6, 2021
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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 stated 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, stated 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 quite than centralized servers.

“We imagine gaming is likely one of the finest alternatives to onboard the subsequent billion customers onto Web3, and one in every of…

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