Playstudios Launches Blockchain Gaming Division and $10 Million Web3-Focused Fund

Playstudios launches blockchain gaming division and $10 million Web3-focused fund. “As we enter into the web3 space, we’ve kind of been doing play-to-earn for 10 years so I’d argue we’re the pioneers in the world of play,” Andrew Pascal, founder and CEO of Playstudios, said. “We’ve spent a lot of our energy thinking about how to reward players in our games."