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- 🕹️ A New $100M Web3 Gaming Fund Emerges
🕹️ A New $100M Web3 Gaming Fund Emerges
WELCOME TO HIGH SCORE JUNKIE ISSUE #20!
In today’s High Score Junkie:
đź’µ OKX partners with Immutable
🌱 A new $100M game fund emerges
🗡️ Shrapnel drops weapon skins
And much more…
Let’s dive in!
TODAY IN GAMING
🤝 OKX Partners with Immutable for Gaming Launchpad
OKX, a leading crypto exchange, has partnered with Immutable to transform how 50 million users engage with NFTs in games.
The GameFi, NFT-focused launchpad is coming to Immutable’s zkEVM chain, while simultaneously integrating OKX’s wallet, marketplace, as well as Immutable’s simple sign-on wallet service, Passport.
đź’¸ King River Capital, Immutable, Polygon, Form $100M Gaming Fund
The Inevitable Games Fund (IGF) is a new initiative by industry giants KRC, Immutable and Polygon, and has been formed to back early web3 gaming startups.
The IGF has also been backed by large investors such as Alpha Wave Ventures and industry veterans like Merit Circle (creators of the BEAM ecosystem).
The fund will help revive web3 gaming investment in the space, after a significant decline in VC funding over multiple consecutive quarters.
🎮 GAM3S.GG Raises $2M in Strategic Round
GAM3S, a platform that curates content in the web3 gaming space, have successfully raised $2M from a range of venture capitalists (such as Merit Circle, WWVentures, CypherCapital), and from a range of notable angels.
The team is preparing to launch their upcoming $G3 token via an airdrop in early April.
The token will offer an array of “exclusive platform features, game rewards, and the opportunity to participate in upcoming token launches for games, among other planned utilities.”
GAME VISUALS BREAK
đź‘€ Feast your Eyes on these Awesome Crypto Games
Heroes of Mavia | Real-time Strategy Defense | Game Art
Battle Showdown | Mobile Battle Arena | In-game Footage
MIR4 | Real-time Strategy Tactical PvP | In-game Footage
WEB3 POWER UPS
đź‘Ą Xai Partners with MIX. The Arbitrum L3 game chain, XAI, is aimed to introduce 100 new game deployments to the chain in this collaboration with MIX, an indie games curator ecosystem.
🎮 Square Enix Invests in Crypto Game Launcher. The investment into the crypto-native game launcher, HyperPlay, is yet another exciting crypto move by the forward-thinking studio. Square Enix have previously invested in Sandbox in 2020 and have tied NFTs to Final Fantasy toys.
💣 Shrapnel Unveils Marketplace. The Avalanche-based shooter have finally launched their NFT marketplace. Here you can find new weapon skins that will provide cosmetic enhancements to your gear. In this early phase, there’s 10 to choose from, with prices ranging from 10-50 $SHRAP.
HOLD UP!
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🎉 That’s all for today, folks!
We hope you enjoyed today’s update and we wish you a great rest of your day!
Samanosuke Akechi from Onimusha 3: Demon Siege
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DISCLAIMER
This newsletter is strictly educational and is not investment advice or an indication to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.