GameStop and Immutable X launch $100 million joint fund to invest in NFT gaming projects

Time：2022-02-05 Source： 681 views NFT Copy share

According to a statement released Thursday, GameStop and Immutable X are partnering to launch a $100 million joint fund to invest in NFT gaming projects.

Robbie Ferguson, co-founder of Immutable X, a layer-2 scaling platform built on Ethereum, said the two will also collaborate to power GameStop's upcoming blockchain-based marketplace.

The Sydney-based startup has yet to officially announce which gaming projects will receive funding, but Ferguson expects the projects will be "mid-market (game) studios looking to make a big foray into the NFT space".

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