Playstudios, a Las Vegas-based mobile gaming company that has received more than $300 million in funding, is diving into the world of blockchain and Web3 gaming.
$725 million last year, provides blockchain, token, and NFT services to gaming companies, facilitating the inclusion of these technologies in new games.Playstudios is setting up a fund to invest in Web3 gaming initiatives, seeding it with $10 million.
This initiative, called the “Future Fund,” will allow Playstudios to make investments in emerging companies that also want to integrate blockchain into their business model, bringing gamers closer to the tech.The first investments of the fund, whose amounts were not specified, were made in Forte, the company mentioned above, and the Kryptomon Company, a Pokemon-like themed game that allows users to manage and train their personal NFT creatures.
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