Binance Smart Chain and Animoca Brands have partnered to launch a $200 million investment program to accelerate and incubate early crypto gaming startups. The goal is to increase mainstream adoption of blockchain tech significantly.
The new investment program will support GameFi (decentralized game finance) projects. Blockchain games, such as those that use cryptocurrency or nonfungible tokens (NFTs), have taken off this year as the crypto and gaming booms intersect. This boom helped Animoca Brands raise multiple rounds, including a recent $65 million round at a $2.2 billion valuation.

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