Solana, FTX and Lightspeed Ventures launch $100 million Web3 G | DeFi Check
Solana, FTX and Lightspeed Ventures launch $100 million Web3 Gaming fund
New opportunities are opening up for Web3 gaming as major venture capital firms create a $100 million investment fund. Solana Ventures, Lightspeed Venture Partners and FTX. Enormous enthusiasm surrounds the future of the GameFi industry as it grows exponentially.
The fund aims to invest in the "intersection of blockchain and games": technology companies, game studios that incorporate Solana blockchain. According to one partner, games could be a great gateway for Web3 to attract "the next billion users."
The popularity of Web3 games has grown significantly, paralleling Solana's impressive token success in 2021. The merging of DeFi and games offers great revenue potential, as well as the opportunity to build strong communities and new features for them.
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