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Magic Eden Launches VC Fund for Web 3 Games Named Magic Ventures

by Editor July 13, 2022, 12:49 pm 1.5k Views

Solana NFT Marketplace Magic Eden Launches Venture Capital Fund for Web 3 Games

Magic Eden, the largest non-fungible token (NFT) marketplace on the Solana blockchain, has launched an investment arm to back the Web 3 gaming sector. Announcing the news in a statement on Tuesday, Magic Eden said the new unit, Magic Ventures, will invest in Web 3 game developers and infrastructure builders. The firm believes that gaming has the potential to bring millions of users to the blockchain. Tony Zhao, a former key member of Tencent…

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