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Cryptocurrency News

$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M

05/19/2022

Less than a minute

2022.05.19 06:25

Venture capital firm Andreessen Horowitz (a16z) has launched a $600 million fund dedicated to gaming startups with a focus on Web3 saying it believes “games infrastructure and technologies will be key building blocks of the Metaverse.”

Dubbed “GAMES FUND ONE” the fund will invest in three main areas: game studios, consumer applications which support player communities with Discord used as an example, and gaming infrastructure providers.

Source

05/19/2022

Less than a minute