Griffin Gaming Partners has announced the launch of its second fund, which will focus on investing in seed and growth rounds of companies dedicated to building blockchain and traditional games.
to be oversubscribed raising $750 million, is one of the biggest funds dedicated to interactive entertainment investments.According to numbers coming from the firm, gaming has become a ubiquitous form of entertainment, surpassing movies, music, and books combined. Per reports, the sector is expected to grow by 248% over the next decade. This opportunity is what is said to fuel Griffin Gaming Partners to aggressively invest in the industry.
Peter Levin, one of the founding partners of the firm, clarified the way in which these funds will be spent. In an interview given to Forbes, he stated:We’re not a spray-and-pray fund. We’re not going to have 70 companies in the portfolio at any given time. We’re going to continue to take that disciplined approach.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Griffin Gaming Partners Raises $750M Fund with Eye on Web 3Gaming-focused venture capital firm Griffin_GP has raised a new $750 million fund that includes a Web 3 focus, and now has more than $1B in AUM. BrandyBetz reports.
Consulte Mais informação »
Griffin Gaming Partners Closes $750M Venture FundThe Santa Monica-headquartered firm, which has invested in Spyke Games, Discord and Overwolf, now has 'over $1 billion' in assets under its management.
Consulte Mais informação »
5 Best Gaming PCs We’ve Played WithPaired with the right peripherals, a gaming PC can quickly become the place you spend most of your free time.
Consulte Mais informação »
The Best Wireless Gaming Headsets for Every Kind of PlayerThese battery-powered headsets will serve you well whether you're chatting with teammates in Fortnite, friends in Discord, or coworkers in Zoom.
Consulte Mais informação »
NFTs in Gaming: Actual Problems and How to Solve Them | HackerNoonCollins English Dictionary chose NFT as the Word of the Year in 2021. It is hardly a surprise: trading volumes of non-fungible tokens surged from $100 million in 2020 to $23 billion in 2021, according to DappRadar. The fastest-growing sector of NFTs is blockchain games. This growth was catalysed by the massive inflow of users into GameFi — a new niche at the nexus of financial services and gaming in which a gamer gets opportunities to earn real money in-game. An opportunity that was not previously available, in comparison with the chance just to have a good time.
Consulte Mais informação »
A New Paradigm: From 'Play to Earn' to 'Play to Build' Gaming | HackerNoonPlay to Build game mechanics create sustainable economies within metaverse worlds where players can play to earn NFTs.
Consulte Mais informação »