EddieJayonCrypto
20 Mar 24
Immutable and Polygon Labs, in collaboration with VC firm King River Capital, have launched a $100 million blockchain gaming investment fund called the Inevitable Games Fund. The fund has secured commitments from prominent investors and has already invested in several projects, with a focus on Web3 ...
Immutable and Polygon Labs, in collaboration with VC firm King River Capital, have launched a $100 million blockchain gaming investment fund called the Inevitable Games Fund. The fund has secured commitments from prominent investors and has already invested in several projects, with a focus on Web3 infrastructure. This partnership marks a significant move in the Ethereum scaling space and highlights the potential for growth in the blockchain gaming industry. Immutable and Polygon Labs, the teams behind a pair of leading Ethereum scaling networks, teamed up with VC firm King River Capital to launch the Inevitable Games Fund. The collaboration secured an anchor commitment from Alpha Wave Ventures and additional investments from the crypto gaming community Merit Circle, reflecting confidence in the fund's potential. The fund has already invested in seven projects, including monster-battling game Pixelmon, mech shooter MetalCore, and mobile role-playing game Guild of Guardians, signaling a strong commitment to developing innovative blockchain-based games. The Inevitable Games Fund aims to invest in games across "Web3 infrastructure," regardless of the platform, underscoring its broad focus on supporting the growth of blockchain gaming. This marks a significant step forward for the Ethereum scaling space and highlights the potential for exponential growth in the blockchain gaming industry. The partnership's decision to focus on Web3 infrastructure and place platform-agnostic investments underscores a commitment to supporting the broader blockchain gaming ecosystem
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