Bitkraft Esports venture launches a $75M investment fund for blockchain gaming
Bitkraft VC, an investment platform for esports, gaming, and interactive media, has launched a $75 million token fund to invest in blockchain gaming and digital entertainment. The fund employs a “stage-agnostic” strategy, which means it will invest in firms and startups at any stage of development. The token fund will invest in cryptocurrencies and nonfungible […]
Ethereum network congestion temporarily forces closure of crypto gaming casino
The KingTiger Casino, which is owned by Funfair Technologies is currently on the lookout for new solutions that will allow it to offer its members “a new range of features and games” amid Ethereum congestion. Due to congestion on the Ethereum network, an online casino has been forced to temporarily lock its doors. The development […]
Blockchain gaming companies raised $476 billion in the first half of 2021
The investment capital raised represents for about 10% of the gaming industry’s total investment this year. According to a report published on July 30 by gaming venture capital data aggregator InvestGame, twenty-four blockchain gaming startups raised $476 million in the first half of this year. Blockchain gaming businesses accounted for 5% of deals announced and […]