Immutable Launched a $500 Million Fund for Blockchain Game Developers

The Australian company Immutable, specializing in Web3, has decided to open another blockchain fund. She announced that within four years she is going to invest $500 million in developers of games for her Immutable X platform.

The main part of the investment will be made in the form of tokens, but some transactions will take place in dollars. According to Immutable, each developer will be able to claim $ 100-500 thousand.

BITKRAFT, Animoca Brands, GameStop and a number of other companies interested in blockchain and NFT games have become partners of the fund.

Last month, Immutable, together with Kongregate, founded a $40 million fund.

Source:

TechCrunch
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