Amended Insufficient Game Fund increases 180% in 9 months
Changing, in collaboration with King River Capital and Polygon Labs, today announced the introductory return on Liquid Investments of the Neventable Games Fund (IGF).
The Fund recorded 2.8 multiple investment (MOIC) multiple investment that has launched token generation (TGE), ahead of 1.36, many times watched by Bitcoin during the same period of time.
Attached by Alpha Wave Ventures, supported by Alpha Wave Global and Chimera Capital by Abu Dhabi Royal Group, IGF has investigated in 16 gaming projects in the last nine months.
“The success of the presentation of the Fund for the inevitable games so far emphasizes the strength and stability of the Web3 game sector,” Robbie Ferguson, President of Ummutable, said in a statement. “Web3 gaming leads to a revolution in the development of technology and content, redefining how players reward for their time and enables them to invest and shape their gaming communities in the long run. This is an innovative category that has an incredible opportunity for the most pretentious and strategic companies and investors, which pay great attention ”.
Other early investors include Merit Circle, Mike Arrington, co -founder of Crunchfund and Arrington Capital, Steve Kokinos, Sonic Boom Ventures and former CEO of Algorand, and Sandeep Nailwal, co -founder of Polygon Lyabal Laibal.
“The exceptional performance of IGF in such a short period of time is a certificate of the inertia and sustainability of the landscape of Web3 Gaming,” said Zeb Rice, co -founder and managing partner at King River Capital. “With the strong results of the Fund, we continue to reinforce our commitment to revolutionize the game industry through digital property and blockchain technology.”
Changes and polygonal represents key driving forces in the Web3 game industry, together represent approximately 70% of the total market share in the sector. Following the launch of IGF, Immutable has established itself as the fastest growing playing ecosystem Web3, with a total of 500 games and one of the largest number of monthly active users (MAUS).
In 2024 alone, invariable over 250 games and recorded 4.6 million registrations for their unchanging passport platform on board, further reinforcing its position as one of the most successful blockchain gaming companies in operation today.
Immutable is a global leader in the mission game to bring digital property to any player, making a safe and easy to build great Web3 games. Immutable’s playing platform is on board over 500 well -funded platform games and has raised $ 300 million from leading global investors, including Temasek, Tencent, Bitkraft, King River Capital and Galaxy.
The displaced play platform facilitates game studios and independent developers safely and confidently to build and launch successful Ethereum games. Immutable was the first playing platform to provide a zero -scale scaling (ZK) of Ethereum Community and provides developers with ZK -based scaling solutions, such as Polygon -driven ZKEVM.
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