Launchbay Capital raises $100M VC fund for secondary growth investments
Launchbay Capital announced the first close of funding for its $100 million venture capital secondary growth fund. This means that London-based Launchbay Capital has...
Paper Ventures launches $25M blockchain VC fund
Paper Ventures has launched a $25 million venture capital fund for blockchain startups. It’s surprising to see a new player enter the blockchain venture...
Blockchain game industry counts on Web2 studios and franchises to drive Web3 adoption
The blockchain game industry is still struggling to find adoption, and it’s looking to Web2 studios and franchises to lead the way. That’s one...
Immutable removes ‘gas’ fees from Web3 player experience with zkEVM blockchain
Immutable, a maker of blockchain games and a blockchain platform, has announced a game-changing development with its Immutable zkEVM blockchain, eliminating gas fees for...
Merit Circle DAO teams up with Immutable to expand its blockchain reach
The Merit Circle DAO, a gaming-focused decentralized autonomous organization for running a blockchain network, has teamed up with Immutable on its Web3 platform. The Merit Circle...
Splitgate teams up with ZBD for Bitcoin rewards in tournaments
ZBD, a game-focused fintech firm creating instant Bitcoin payments for gamers, has teamed up with 1047 Games to enable players to play the Portal...
Readygg partners with Aptos Labs to bring more players to Web3 games
Readygg has partnered with Aptos Labs to bring as many as 15 million Web2 gamers into Web3 games. This move, initiated through Readygg‘s network...
Transcend Fund raises nearly $60M for second seed fund to invest in games and entertainment
The Transcend Fund is announcing the closing of its second seed fund of nearly $60 million to invest in games and digital entertainment. If...
Roblox reports 38% revenue spike in Q3, 70M daily active users
Roblox today released its financial earnings report for Q3 2023, and the company reports revenue of $713.2 million, a 38% increase year-over-year, as well...
Solana Labs launches GameShift beta to simplify blockchain game development
Solana Labs has launched a beta for GameShift, a platform that makes it easier for game developers to create blockchain games. The platform makes...