Sanctor Capital launches $20M fund to bootstrap GameFi, DeFi projects
Projects like Axie Infinity and Decentraland have shined the spotlight on GameFi, a new trend that refers to the financialization of gaming. Blockchain-focused investment firm Sanctor Capital has raised $20 million to fund emerging projects in the cryptocurrency space, offering the latest evidence that venture capital continues to flood the market. The investment fund will be used to bootstrap projects in some of crypto’s hottest segments, including DeFi, GameFi and cross-chain infrastructure development, Sanctor announced Tuesday. In addition to funding early-stage companies, Sanctor will....
Related News
Sanctor Capital, a thesis-driven venture firm, is pleased to announce its strategic investment in Rainicorn, to support its ongoing development of a highly-anticipated play-to-earn trading card game, The Lords of Light. This is one of the investments for Sanctor Capital under their newly announced inaugural $20 million fund focused on GameFi. Raini has pioneered an […]
Crypto fund DragonFly Capital announced the launch of a new $225 million fund to invest in projects across the crypto space. Following the success of the original $100 million fund kickstarted in late 2018, the Dragonfly Fund II will target four potential areas: decentralized finance (DeFi) protocols, non-fungible token projects, Ethereum Layer 2-based businesses, and centralized finance (CeFi) platforms. The San Francisco-based venture capital fund have been early backers of notable projects such as ByBit, […]
Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), gamefi, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates (UAE)-based venture capital firm, Cypher Capital, recently announced it has launched a $100 million seed fund whose objective is to finance blockchain and crypto projects with genuine value propositions. As explained in a report published by Unlock Media, the VC firm is planning to be involved in the mentoring of....
The funds are earmarked for DeFi, NFT, tokenization and metaverse projects that are building on the Oasis Network. Developer group Oasis Foundation has launched a $160 million ecosystem fund to bootstrap promising projects building on top of Oasis Network, a privacy-enabled blockchain with a focus on decentralized finance (DeFi) and the so-called data economy.The fund was established to attract new developers to the Oasis Network so that they can build the next generation of decentralized applications that support DeFi, nonfungible tokens, data tokenization and the metaverse, Oasis....
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development.
Solana Ventures Reveals $100 Million Web3 Fund Dedicated to Finding Talent and Innovative Startups in South Korea
Proponents behind the smart contract protocol Solana plan to expand into South Korea by offering a Web3 fund worth $100 million to startups and developers creating Web3....