Asia Blockchain Gaming Alliance Launches $45 Million Eco Fund
Join the blockchain gaming revolution in Asia with the launch of the $45 Million Eco Fund by the Asia Blockchain Gaming Alliance (ABGA) to support the development and growth of blockchain gaming projects and companies in the region.
The Asia Blockchain Gaming Alliance (ABGA) has announced the launch of a 45 million dollar eco fund to drive innovation in the blockchain gaming industry in Asia. This move comes as part of their mission to promote the development and adoption of blockchain games in the Asian market. The eco-fund will be used to support and strengthen game developers and companies at all stages of development, from early-stage startups to established studios.
The fund will be used to provide financial support, mentorship and resources to help these companies bring their projects to market and achieve success. With over 45 million dollars, the fund will focus on first quarter 2023showcasing potential web3 games can help everyone.
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ABGA is a non-profit blockchain alliance sponsored by leading institutions in the gaming industry. It is composed of over 100 members, made up of companies and organizations from startups to diamond members, and has carried out over 20 events in their organization.
Based in Singapore, the organization seeks to promote the blockchain gaming industry with promote the vigorous development and the future of the global blockchain gaming industry. To name a few, Polygon, Kucoin and Mint Ventures are just a few members of the organization.
Final thoughts
The launch of this eco-fund is a significant step towards the development and introduction of blockchain games in the Asian market.
It will give game developers and companies the support they need to bring their projects to life and give players the opportunity to experience a new level of immersion and ownership in the games they love. With this eco-fund, players can expect to see new and exciting blockchain games that will push the boundaries of what is possible in the gaming industry (possibly more advanced AI integration?).
Edmond is a passionate writer for video games, GameFi and Web3. He has worked for top GameFi companies and video game/crypto news sites.