Gala Games, C2 Ventures Start $100M Fund to Invest in Blockchain Gaming

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Gala Games, C2 Ventures Start $100M Fund to Invest in Blockchain Gaming

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Bitcoin Profit / News Editor

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December 13, 2021

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Gala Games, a blockchain-gaming platform, and crypto funding agency C2 Ventures have shaped a $100 million fund to make investments in play-to-earn video games, metaverse environments and different tasks constructed utilizing blockchain expertise.

Gala Games stated the fund will make investments in sport builders and decentralized gaming tasks.
C2 Ventures is a crypto funding agency based by the previous head of blockchain investments at Huobi Global, Ciara Sun.
“Through our new fund with C2 Ventures, we aim to support a new class of developers who can build genuinely entertaining games powered by blockchain technology,” James Olden, chief technique officer at Gala Games, stated in a press release.
Gala Games stated it appointed Huobi Global as a companion in an advisory position when it comes to tasks on advertising and marketing and Web 3.0 development. The crypto trade may even work with groups on future token listings.
Global gaming income is anticipated to attain $200 billion in 2024, in accordance to e-sports analytics agency Newszoo, the businesses stated.

Read extra: Crypto Exchange Huobi Global to Move Spot Trading Services to Gibraltar

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