Metaverse News

MetaLaunch Creates $3M Fund For Gaming And The Metaverse

On January 8th, MetaLaunch announced that it had created a $3 million fund to encourage the growth of both gaming and the metaverse. This money will be used to further innovation and development within the industry via research-backed investments.

“MetaLaunch will offer financial strength to ambitious projects so that they can innovate without barriers and make their ideas a reality,” reads a press filing from the organization. “MetaLaunch’s support won’t be limited to just funding incentives. Incubated projects will also receive advisory assistance from our partnership with top VC firms and industry leaders.”

MetaLaunch’s native venture, Asva Ventures, will provide networking and exposure opportunities for approved incubated projects. Other VC firms that will be involved in this process include Dutch Crypto Investors, BlackDragon, Excalibur Capital, R8 Capital, and so on.

MetaLaunch is a product of Asva Labs. The organization prides itself on being the “first-ever multi-chain metaverse launchpad and accelerator.”

(All information was provided by Yahoo! News)

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