Gala Games and C2 Ventures Launch $100 M Funds for Blockchain game projects.
Gala Games has made tremendous efforts and progress when it comes to blockchain technology and blockchain gaming. Yesterday, Gala Games has joined hands with C2 ventures to launch a $100 million fund dedicated to blockchain games.
This new deal represents a big partnership between two formidable forces in the domain; Gala Games and Ciara Sun. Gala Games is a blockchain-based game company owned by Zynga’s co-founder Eric Shiermeyer. While Ciara Sun is the former blockchain investments head for Huobi.
Besides the funding, the studios and projects will also receive directions on pre-sale strategies, NFTs, token designs, in-game economies, community engagement, marketing, P2E game economies, and more.
Gala-Games has chosen Huobi Global as its Preferred Exchange Partner. Huobi Global will also guide GG on its projects about marketing, Web 3, community building, and work to streamline future token listings.
Newzoo has predicted that global game revenues will surpass $200 billion in 2024. This report has persuaded companies to go for blockchain-based games which will propel the gaming industry business in years to come.