Magic Eden founders: Left to right -- Jack Lu (CEO), Sidney Zhang (CTO), Zhoujie Zhou (chief engineer), Zhuoxun Yin (chief operating officer).
Magic Eden founders: Left to right -- Jack Lu (CEO), Sidney Zhang (CTO), Zhoujie Zhou (chief engineer), Zhuoxun Yin (chief operating officer).
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Magic Eden launches Magic Ventures fund for Web3 games

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

Magic Eden has launched Magic Ventures, a new venture capital fund that will focus on investments in Web3 games.

San Francisco-based Magic Eden is a community-focused marketplace for non-fungible tokens (NFTs), and now it will fund its own games. On top of that, the company is also expanding its own internal gaming division, Eden Games.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.