Web3 gaming giant Animoca Brands plans to launch a $2 billion metaverse fund

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Animoca Brands is no stranger to investing in the nonfungible token and Web3 gaming space, as the firm made over 60 investments in the first half of 2022 and has invested in a total of 340 projects since its inception. The CEO went on to describe how the volatility of the crypto and NFT markets prevents many larger investors from investing in the space, and Animoca Capital is looking to invest strategically to help create an active market where these investors can get exposure to the asset class.

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Game7 launches $100M grant program to foster Web3 game developmentGame7, a decentralized autonomous organization (DAO) operating in the web3 gaming space, has announced a grant program that will help the development of metaverse gaming. According to the firm, this venture will accelerate web3 gaming. Its official tweet read “We’re putting Web3 gaming into hyperdrive by funding promising builders and projects that are focused on […]
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