Summary
TLDR: Immutable and Polygon Labs have teamed up with King River Capital to launch a $100 million blockchain gaming investment fund called the Inevitable Games Fund. The fund has already invested in seven projects, including games like Pixelmon and Guild of Guardians. The fund will focus on investing in games across Web3 infrastructure, regardless of platform, and aims to capitalize on the growing popularity of video games and Web3 technology. This collaboration marks a continued partnership between Immutable and Polygon, who previously teamed up to create the Immutable zkEVM scaling network.
Key Points
1. Immutable and Polygon Labs have partnered with VC firm King River Capital to launch a $100 million blockchain gaming investment fund called the Inevitable Games Fund.
2. The Inevitable Games Fund has already invested in seven projects, including monster-battling game Pixelmon, mech shooter MetalCore, and battle royale shooter My Pet Hooligan, among others.
3. The fund is open to investing in games across Web3 infrastructure, regardless of the platform, and aims to capitalize on the growing shift towards Web3 technology in the gaming industry.