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Binance Smart Chain Fund Invests in GameFi Platform Crypto Gaming United

by Vaibhav
December 22, 2021
in News
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The Binance Smart Chain Ecosystem Development Fund (BSC), with a capital of $ 1 billion, has invested in the Crypto Gaming United (CGU) crypto gaming platform. Cryplogger was informed about this by representatives of the project.

The amount of the deal has not been announced.

The main focus of CGU is to build a global community of gamers focused on online video games using NFT…

“The metaverse opens up many possibilities both in space DeFi, and beyond. For us, this means investing in the economic potential of virtual worlds, allowing members of the gaming community to play their favorite games and earn money, ”said Alex Odagiu, investment manager of the BSC Development Fund.

CGU plans to provide economic activity in the metaverse to 1,000,000 people by 2024. The project also intends to simplify the withdrawal of NFTs in the countries most affected by the pandemic and unemployment, especially among young people.

According to the press release, the BSC Development Fund has already supported over 300 blockchain projects.

Earlier, a $ 100 million fund for investments in blockchain games was launched by the gaming platform Gala Games and venture capital firm C² Ventures.

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The Binance Smart Chain Ecosystem Development Fund (BSC), with a capital of $ 1 billion, has invested in the Crypto Gaming United (CGU) crypto gaming platform. Cryplogger was informed about this by representatives of the project.

The amount of the deal has not been announced.

The main focus of CGU is to build a global community of gamers focused on online video games using NFT…

“The metaverse opens up many possibilities both in space DeFi, and beyond. For us, this means investing in the economic potential of virtual worlds, allowing members of the gaming community to play their favorite games and earn money, ”said Alex Odagiu, investment manager of the BSC Development Fund.

CGU plans to provide economic activity in the metaverse to 1,000,000 people by 2024. The project also intends to simplify the withdrawal of NFTs in the countries most affected by the pandemic and unemployment, especially among young people.

According to the press release, the BSC Development Fund has already supported over 300 blockchain projects.

Earlier, a $ 100 million fund for investments in blockchain games was launched by the gaming platform Gala Games and venture capital firm C² Ventures.

Subscribe to the Cryplogger channel at Youtube…

Found a mistake in the text? Select it and press CTRL + ENTER

See also  The European Parliament supported the regulation of cryptocurrencies - Cryplogger
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CrypLogger is a cult magazine about bitcoin, blockchain technology and the digital economy. Every day we supply news and analytics on the cryptocurrency market since 2021.

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