Andreessen Horowitz is trying to make investments greater than $600M throughout the blockchain gaming trade to broaden its attain into the newly rising trade. To make it possible, they’ve introduced GAMES FUND ONE.
GAMES FUND ONE is a16z’s inaugural fund devoted to selling and constructing future blockchain video games.
Based on a16z, video games will play an important position in perceiving the on a regular basis world and socializing.
“Video games will proceed to play a pivotal position in how individuals socialize, play, and work sooner or later, and the fund will spend money on sport studios, sport and buyer experiences, and infrastructure.”
“Over the previous decade, video games have undergone a radical transformation, from merely being packaged leisure to changing into on-line providers that extra intently resemble social networks and scale-like client expertise corporations,” a16z acknowledged.
Andreessen Horowitz has been dominating the blockchain gaming trade for some time now. As of final 12 months, the general gaming trade has generated greater than $300B, and the blockchain gaming studio has taken an enormous chunk from that.
Now, they need to broaden their attain by investing an increasing number of into blockchain video games startups. The statements talked about above from a16z indicated that massive corporations imagine in blockchain gaming and its future.
Andreessen Horowitz and a16z aren’t the one massive fish for investing in the way forward for gaming.
Together with Andreessen Horowitz, these are the large names which are becoming a member of the fund:
- Mike Morhaime – Co-Founding father of Blizzard
- Kevin Lin – Co-Founding father of Twitch
- Riccardo Zacconi – Founding father of Variety
- Jason Citron – Founding father of Discord
- Aleks Larsen and Jeffrey Zirlin – Co-Founders of Sky Mavis
- Mark Pincus – Founding father of Zynga
- David Baszucki – Founding father of Roblox
- Marc Merrill – Co-Founding father of Riot Video games
