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Gate Ventures on Track to Close $200M Crypto Fund by Q3
The VC arm of Gate.io will invest in layer 1 and layer 2 protocols that can help build an open internet.
Framework Ventures Exec on Future of Web 3 Gaming and DeFi
Framework Ventures Co-founder Vance Spencer discusses their $400 million fund to back Web 3 gaming and DeFi initiatives. Spencer highlights the shift from free-to-play to play-to-earn, competition with Web 2, and the increasing interest in play-to-earn gaming in the South East Asian and Latin American markets.
Yield Guild Games Partner Ola GG Raises $8M to Expand P2E in Spanish-Speaking Markets
The funds will be used to acquire yield-generating NFTs and create language-specific educational content.
First Mover Asia: The Metaverse Is Subject to Earth’s Boring Old Rules
GameFi adoption has been hitting obstacles worldwide, including in China and South Korea, because of laws about converting in-game tokens to currency.
OpenSea Suspends Trading of Sand Vegas Casino Club NFTs
Gambling Apes NFTs promised a cut of the profits from casinos built on metaverse platforms and Web 2.
Tower 26 Venture Fund Raises $50M for VR Games, Metaverse: Report
The fund is led by a veteran game investor, and former studio executive Jon Goldman.
Louis Vuitton Releases New NFTs, Continues Blockchain Gaming Experiment
Luxury brand Louis Vuitton is adding a new collection of non-fungible tokens (NFTs) to its Louis the Game app in the form of in-game rewards. “The Hash” group discusses efforts made by legacy brands to explore Web 3 and capture new audiences while noting the accelerated growth of blockchain gaming through play-to-earn models.
Elden Ring Has Outlasted Its Critics, and So Will Bitcoin
From Software never bowed to misguided attacks on its Souls games. That purity of vision has made them legends.
21Shares Launches Metaverse ETP via Sandbox’s SAND Token
21Shares, a Switzerland-based crypto exchange-traded product issuer, has launched a new asset on SAND tokens, providing investors with exposure to The Sandbox. “The Hash” panel discusses the growing investor appetite for metaverse and blockchain gaming ventures while comparing the difference between American and European crypto offerings.