avatar

Immutable Announces $500 Million Venture Capital Fund to Boost Web3 Game Adoption

Immutable, a provider of Ethereum Layer2 scaling solutions, announced the launch of a $500 million venture capital fund to promote Web3 game adoption. The fund will reportedly be used to fund projects building Web3 games and NFTs on Immutable X. It will also work with other Web3 game and NFT-focused investors, including BITKRAFT, Animoca Brands, Arrington Capital, Double Peak, AirTree, King River Capital and GameStop.
Source

Immutable X

Game

Fund

Web3

NFT

In This Article

Related News
Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint
Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles
EOS rebrands to Vaulta amid pivot to 'web3 banking', plans to launch new token EOS rebrands to Vaulta amid pivot to 'web3 banking', plans to launch new token
Story Protocol confirms public mainnet to launch on Feb. 1 Story Protocol confirms public mainnet to launch on Feb. 1
Sony’s Soneium debuts its first music NFT collection with crypto record label Sony’s Soneium debuts its first music NFT collection with crypto record label
Latest News More More
15 Hours Ago Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
1 Day Ago Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling
2 Days Ago Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
2 Days Ago Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million
April 29 Circle secures in-principle approval to operate as money services provider in Abu Dhabi

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open