Game Space Announces the Establishment of GameFi Future Fund with an initial $10 million to Support GameFi 3.0
Staff, 2022-11-05 14:22:56,
Game Space, the first GameFi as a Service (GaaS) platform in the industry, announced the establishment of the GameFi Future Fund with focus on the next generation of GameFi 3.0. The Foundation will be used to invest and incubate GameFi and NFT, PFP and DID projects, aiming to help quality projects to flourish in terms of infrastructure, marketing, operations and trading
With an initial fund size of $10 million, Game Space’s vision is to help developers of high quality IP games to further spin off and expand into Web3. At the same time, to encourage the use of games and blockchain technology innovation to accelerate the improvement of the underlying infrastructure and the combination and iteration of various middleware to ultimately serve billions of players worldwide.
“I am thrilled to see the launch of GameFi Future Fund”, said Cameron CEO of Game Space. “Our aim is to help Web2 gaming companies to deploy their game on Web3 with compatibility for Web2 traffic and Web3 publishing methods. The current market presents a prime opportunity for us to anticipate new opportunities and innovate in response to changes and challenges. We look forward to supporting some of the brightest ideas and talents as they work towards delivering market impact. ”
In the past year, the GameFi market has seen an undeniable rise in funding and project development allowing GameFi to grow as a strong niche in the market marking historic progress with iconic game titles such as Axie…
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