Andreessen Horowitz is trying to make investments greater than $600M throughout the blockchain gaming trade to increase its attain into the newly rising trade. To make it possible, they’ve introduced GAMES FUND ONE.
GAMES FUND ONE is a16z’s inaugural fund devoted to selling and constructing future blockchain video games.
In keeping with a16z, video games will play an important position in perceiving the on a regular basis world and socializing.
“Video games will proceed to play a pivotal position in how folks socialize, play, and work sooner or later, and the fund will put money into sport studios, sport and buyer experiences, and infrastructure.”
“Over the previous decade, video games have undergone a radical transformation, from merely being packaged leisure to changing into on-line companies that extra carefully resemble social networks and scale-like client know-how firms,” a16z said.
Andreessen Horowitz has been dominating the blockchain gaming trade for some time now. As of final yr, the general gaming trade has generated greater than $300B, and the blockchain gaming studio has taken a giant chunk from that.
Now, they want to increase their attain by investing an increasing number of into blockchain video games startups. The statements talked about above from a16z indicated that large firms consider in blockchain gaming and its future.
Andreessen Horowitz and a16z aren’t the one large fish for investing in the way forward for gaming.
Together with Andreessen Horowitz, these are the massive names which can be becoming a member of the fund:
- Mike Morhaime – Co-Founding father of Blizzard
- Kevin Lin – Co-Founding father of Twitch
- Riccardo Zacconi – Founding father of Sort
- Jason Citron – Founding father of Discord
- Aleks Larsen and Jeffrey Zirlin – Co-Founders of Sky Mavis
- Mark Pincus – Founding father of Zynga
- David Baszucki – Founding father of Roblox
- Marc Merrill – Co-Founding father of Riot Video games