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Sola’s Ventures, Forte and Griffin Gaming Partners have announced that they will invest $ 150 million in blockchain games.
The aim is to invest in web 3 game makers who are building decentralized games on Sola’s blockchain. Such games often use nonfangible tokens (NFTs) that use the transparency and security of the blockchain’s digital account to authenticate unique digital objects.
NFT has started over the last year and crypto-centric game companies have seen great success with NFT games such as Axis Infinity. Now established game developers are taking notice and moving into the NFT Games market for new ways to monetize digital items.
Sola Ventures is the strategic investment arm of Sola Labs, the maker of Sola’s blockchain ecosystem that is popular in sports. Griffin Gaming Partners has the largest funding to invest in games, and Fort provides the infrastructure and regulatory compliance for gaming companies that want to quickly move into blockchain games. Fort recently raised $ 725 million in its own funds.
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“The ecosystem is still defining what the intersection of blockchain and gaming looks like,” Matthew Beck, a partner at Sola Ventures, said in a statement. “And I enjoy partnering with Fort and Griffin Gaming Partners to support this new generation of game designers and builders.”
In blockchain-enabled games, players can truly own goods instead of spending pure entertainment, as their digital goods can be authenticated. Players from around the world can freely trade goods and services with each other and participate in community economies that reward creativity, collaboration and skills. These new systems provide new creative and economic opportunities for game players and communities around the world.
“Gaming and interactive media would not be the cornerstone of the blockchain today, if not for the many technological advances the community has made over the past decade – a leading example of Sola, who has helped pave the way for scalability and aptitude to match UX. Experience this demand, “Pierre Planche, partner at Griffin Gaming Partners, said in a statement.
(Pierre is a beautiful Warzone player).
Fort’s platform allows game publishers to easily integrate these blockchain technologies into their games, including seamless, embedded token wallets, NFT minting and selling, payment rails and other services specifically for blockchain token economics and digital Is.
“Blockchain enables publishers to connect with their player base in innovative ways,” Fort CEO Josh Williams said in a statement. “Where with the advent of NFTs and other blockchain technologies, game developers had to constantly create new content for players to use as a one-time purchase, game developers can now offer real property rights to their audiences and build self-sustaining and prosperous economies. Is. Their games. “
He added, “Sola’s blockchain drives the future of gaming, as its ultra-fast and low-cost solutions ensure scalability, making it possible and cost-effective to build games at Fort with Solana, even at thousands of transactions per second. Both developers and players. We are also honored to partner with Griffin Gaming Partners, which has an unparalleled reputation for working with publishers to create the most prominent titles in the gaming industry. ”
Griffin has invested more than $ 400 million in gaming and Web 3 gaming-related companies over the past two years, including a major investment in Fort’s best-in-class platform for blockchain gaming and a balanced digital economy. Griffin is backed by more than a dozen of the world’s premier gaming, media and technology companies across Europe, the US, Asia and the Middle East.
Nick Tusto, co-founder of Griffin Gaming Partners, said: “Griffin is excited to continue working closely with Fort and Solana to help advance the blockchain gaming ecosystem by focusing on appropriate technology, quality gameplay and long-term value.” , In a statement.
Solana is the world’s most influential blockchain, supporting 65,000 transactions per second, a 400 millisecond block finality, and an average transaction cost of $ 0.00025. The network is also extreme
Energy efficient, with transactions using less energy than two Google searches.
Following the T 100 million funding with FTX and Lightspeed, Sola’s Ventures has announced another blockchain gaming-focused investment initiative.
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