FTX and Solana have produced a $ a hundred million fund to invest in blockchain video games

FTX, Solana Ventures and Lightspeed Ventures will jointly devote $ a hundred million to assistance blockchain gaming tasks on the Solana platform.

The most effective P2E game tasks in progress on Solana. Source: Soliani

With the good results of blockchain gaming like Axie Infinity, mixed with the Facebook occasion announced its emphasis on developing the metaverse, blockchain gaming is hotter than ever. In latest days, metaverse tasks like The Sandbox (SAND) or blockchain platforms like Enjin and TRON have continually announced that they are raising capital or investing big quantities of income.

Solana is no exception to this trend when she announces that she will devote $ a hundred million to generate a fund to produce blockchain video games. This initiative is also supported by the FTX exchange and the Lightspeed Ventures investment fund.

A Lightspeed Ventures representative mentioned:

“Games are the gateway to bringing billions of new customers to the Web3. We are thrilled to companion with FTX and Solana to lead this emerging section. “

Lightspeed Ventures uncovered that Faraway Games is a single of the initial gaming tasks to be supported by Solana’s $ a hundred million fund.

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