Binance Smart Chain and Animoca Brands Partner to Launch $200M Funding for BSC-Based Blockchain Games
Binance Smart Chain (BSC) and Non-fungible Token (NFT) gaming group Animoca Brands have announced that they have partnered to launch a $200 million fund. Binance Smart Chain (BSC) and Animoca Brands have partnered to launch a $200 million fund to invest $100 million each to support Binance Smart Chain (BSC)-based blockchain gaming projects in the GameFi industry.
The interest of investors and players in blockchain games is increasing day by day. This is why there has been a significant increase in the release of blockchain games lately. Giant companies and investors are doing important work to take their place in the rapidly growing blockchain game world. Strong projects with solid infrastructure attract great attention and attract investors and players.
Binance Smart Chain (BSC), one of the largest blockchain ecosystems, announced in October that it has set up $1 billion in funding for talent development, decentralized finance (DeFi), Non-fungible Token (NFT) and GameFi. Details of how the $1 billion fund created by Binance Smart Chain will be used have also begun to emerge. It looks like this fund will have a bigger impact on the crypto markets with new partnerships. Binance Smart Chain (BSC), which accelerates the work, continues its work as promised. And by partnering with giant companies, it enables larger investments in crypto markets.
Animoca Brands is a giant investing in major projects in NFTs and blockchain gaming. It's also a company that seeks to secure property rights in NFTs and the blockchain gaming space, and plays a key role in GameFi and metaverse projects. Animoca Brands participated in multi-million dollar funding rounds last month for companies like Upland, Avocado Guild, Roll and The Sandbox. In addition, Animoca Brands is a company that has invested in major projects related to NFT, especially Axie Infinity, OpenSea, Harmony.
In short, the NFT market and the blockchain game world continue to grow day by day. Binance Smart Chain (BSC) supports these markets by forming key partnerships and making huge investments. It also plays an important role in the further growth and development of BSC-based blockchain games in the future. In addition, Binance Smart Chain indicates that many projects, especially BSC-based NFTs, GameFi, DeFi, will be supported more in the future. This will allow BSC-based platforms to further proliferate and grow in the future.
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