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Friday, 11/05/2021 12:35:13 PM

Friday, November 05, 2021 12:35:13 PM

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Solana Ventures, FTX, and Lightspeed launch $100 million blockchain gaming fund

"Solana Ventures, Lightspeed Venture Partners, and FTX announced Friday a $100 million fund to invest in startups focused on building blockchain gaming studios.

The announcement comes at a time when the concept of metaverse or virtual worlds is growing in popularity. Last week, Facebook changed its corporate name to Meta as the company has been developing new technologies that will help people connect and explore in the metaverse.

According to some reports, the metaverse will also play a key part in gaming's future. Essentially, a theory is that the metaverse will allow users to meet, chat and play games together."

Read more...
https://www.theblockcrypto.com/linked/123397/solana-ventures-ftx-lightspeed-100-million-blockchain-gaming-fund
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