Coinscreed
  • Home
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
    • Secret Lives
    • My Life in Crypto
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
  • Quizzes
Advertise
No Result
View All Result
  • bitcoinBitcoin(BTC)
    $0.002.94% 24H
    BITCOIN
    24H : 2.94%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.005.73% 24H
    ETHEREUM
    24H : 5.73%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.006.00% 24H
    BNB
    24H : 6.00%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.002.60% 24H
    XRP
    24H : 2.60%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.005.66% 24H
    CARDANO
    24H : 5.66%
    Volume : $0.00
    Marketcap : $0.00
  • terra-lunaTerra Luna Classic(LUNC)
    $0.002.86% 24H
    TERRA LUNA CLASSIC
    24H : 2.86%
    Volume : $0.00
    Marketcap : $0.00
Coinscreed
  • Home
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
    • Secret Lives
    • My Life in Crypto
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
  • Quizzes
Advertise
No Result
View All Result
Coinscreed
No Result
View All Result
Home News

Binance and Animoca launches $200M fund for GameFi projects

Chide Austin by Chide Austin
1 year ago
in News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter
Binance and Animonica announced on December 6 that they will co-invest up to $100 million each to encourage game developments in the GameFi sector of the gaming industry.
Binance  and Animoca  launches $200M fund for GameFi projects

Binance-based initiatives will have the opportunity to learn from Animoca Brands and receive help from the BSC community. Binance is one of the largest blockchain ecosystems, will invest $1 billion in decentralized finance (DeFi), nonfungible tokens (NFT), and GameFi through its accelerator arm. The fund was established earlier this year to expand the BSC ecosystem’s services and promote mainstream use of fintech.

Animoca Brands is a key participant in blockchain gaming and the open metaverse, focusing on giving property rights through non-fungible tokens (NFTs) and gaming. Axie Infinity, OpenSea, Bitski, Harmony, and other key NFT-related initiatives have received funding from the business.

SuggestedArticles

Man City FC, OKX partner for metaverse collectives

Man City FC, OKX partner for metaverse collectives

51 mins ago
Reliance Retail chain rolls out support for CBDC payments in stores

Reliance Retail chain rolls out support for CBDC payments in stores

1 hour ago

“Through this co-investment, initiatives built on BSC will have access to insights and knowledge from industry leaders like Animoca Brands, as well as cooperation possibilities with blockchain specialists from the BSC Community,” BSC investment director Gwendolyn Regina said.

Gaming and the crypto industry

Along with the notion of the metaverse, GameFi, a combination of gaming and DeFi, has lately become one of the most popular terms in the cryptocurrency sector. GameFi is a financialization of video gaming that uses a play-to-earn approach rather than a win-to-win strategy.

Over the last several months, a number of significant crypto startups and investment firms have invested in GameFi, including Huobi crypto exchange, Solana Ventures, FTX, Sanctor Capital, and others.

Tags: #Animoca#Binance#Game#NFTs

Oh hi there 👋
It’s nice to meet you.

Sign up to receive a weekly round-up of the latest happenings in the crypto space!

We don’t spam! Read our privacy policy for more info.

Please check your inbox or spam folder to confirm your subscription.

Coinscreed

Copyright © 2022 Coinscreed

Navigate Site

  • About
  • Advertise
  • Contact Us
  • Partners
  • Privacy & Policy
  • Crypto Price Charts

Follow Us

No Result
View All Result
  • Home
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
    • Secret Lives
    • My Life in Crypto
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
  • Quizzes

Copyright © 2022 Coinscreed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Join our Telegram Channel 

Stay on top of Crypto News! Get Daily updates

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!