Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Cryptoknowmics 2022-03-17 09:33:27

Galaxy, Alameda & Republic To Fund Blockchain-Focused Gaming Investments

The past year noted a surge of interest in the NFT marketplace and blockchain-powered games. Presently, the three notable crypto firms Galaxy Interactive, Alameda Research, and Republic Crypto have allied to launch an “investment consortium” for the Web3 gaming space. Formation of an Alliance The global blockchain firm, Republic Crypto announced the beginning of a ‘new era in the Web3 gaming’ on Twitter. So it begins! If you're a gaming studio looking to step into Web3, visit NG+ at https://t.co/gwz8UuH6sC!#Web3 #CryptoGaming — Republic Crypto Advisory 🌕 (@RepublicCrypto) March 16, 2022 In addition to the announcement, General Partner of Galaxy Interactive – a VC firm focused on interactive entertainment also shared on Twitter the good news of assisting game developers in paving a “sustainable path in crypto gaming.” Excited to announce our investment consortium with Republic and Alameda to help real game developers forge a sustainable path into crypto gaming. Thx @ahaywa for the great overview! https://t.co/yJoIHhWG7e — Richard Kim (@galaxyRTK) March 16, 2022 In exchange for a 10% share of the crypto token, all three firms are geared up to invest in each of the gaming projects. Additionally, each partner has been assigned a unique role. Galaxy Interactive has been assigned with the task to focus on sourcing gaming studios looking to enter the Web3 space. Republic Crypto will be putting forth suggestions for token designs and...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.