FTX, Lightspeed, Solana Ventures to Invest $100M in Web 3 Gaming

January 5, 2022
  • The funding will support gaming studios and technology that integrate the Solanablockchain into video games on desktop and mobile platforms.
  • The initiative has already resulted in its first investment with FTX and Lightspeed leading a $21 millionfunding round for gaming studio Faraway.
  • “Gaming has a massive opportunity to bring the next billion users to Web 3,” Amy Wu, partner at Lightspeed, said in a press release. “High-performance blockchains like Solana are now capable of delivering the kind of Web 2 experiences gamers expect while providing the advantages of decentralized Web 3 systems.”

https://www.coindesk.com/business/2021/11/05/ftx-lightspeed-solana-ventures-to-invest-100m-in-web3-gaming/

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