Venture capital firm Sfermion is going to open a $100 million fund to invest in in-game NFT items

The company wants to name the new foundation Halliday — in honor of James Halliday, a character in the book “The first player to get ready.” Now Sfermion is looking for investors who will give it the necessary $100 million. She has already attracted about a fifth of the amount.

As Sfermion’s management explains, the fund will try to determine which NFTs in games in the future will be able to cause high demand, and then buy them up. For example, if one of the bosses in the game is a fire-breathing dragon, then Halliday will acquire an NFT with ice swords.