Binance Smart Chain shared in October 2021 DeFi announced that it has launched a $200 million fund for GameFi projects with Amonica Brand within the framework of the $1 billion fund that will support the growth of platforms such as NFT and GameFi.
Mutual fund, Binance Smart Chain (BSC) aims to accelerate game initiatives to be built on. It was stated that each party will invest $100 million in the partnership.
Many major NFT companies and investors in Blockchain games Animoca Brand‘s affiliates include The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Bondly, Lympo. Companies such as Axie Infinity (AXS), OpenSea, Dapper Labs (NBA Top Shot), Bitski, Harmony (ONE), Alien Worlds (TLM), and Star Atlas (ATLAS) out of 100 It has a wide portfolio of partnerships due to its investments in more.
Binance Smart Chain Investment Director Gwendolyn Regina:
With this joint investment, BSC Community, AYou will get the opportunity to gain experience from leading big game companies such as nimoca Brands. with GameFi projects We look forward to engaging one billion new users in crypto.
BSC currently supports many crypto games. Most of these BSC based games, NFT award winner ”play to win” (It was developed with play to earn) models. These GameFi projects have the potential to emerge as Metaverses that use their own built-in economies.