In a groundbreaking move, MON Protocol has announced the launch of a new investment fund called MON Ventures. This initiative is set to revolutionize the blockchain gaming industry by empowering gaming studios worldwide. Led by former senior executives from major gaming and media companies, MON Ventures aims to drive growth and innovation in the Web3 space.
The primary goal of MON Ventures is to provide support to blockchain gaming studios at the seed stage and during the pre-TGE phase. By focusing on gaming and infrastructure, MON Ventures seeks to accelerate the growth of these studios on a global scale. The recent success of the MON Protocol Token pre-sale, which raised a significant amount of capital in just eight minutes, underscores the strong interest and support from the community.
Supporting the Gaming Community
With over 70 partner games already live, including popular titles like AETHIR, NYAN Heroes, and AVALON, MON Ventures is poised to expand its portfolio to over 100 partner games by the end of 2024. This level of investment and growth demonstrates MON Ventures’ commitment to fostering a diverse and thriving Web3 IP universe.
MON Ventures not only provides direct funding to blockchain gaming studios but also offers strategic investments and support to help these startups succeed. As an early stage partner with stakes in 500 Global, a venture capital firm with investments in notable companies like Reddit and Solana, MON Ventures has the potential to drive significant innovation and growth in the blockchain gaming space.
The blockchain gaming industry continues to experience rapid growth, with revenue projected to reach USD 65.7 billion globally by 2027. MON Ventures enters the market at a crucial moment, capitalizing on this upward trend in blockchain investment to accelerate growth and maximize opportunities in the space.
As a leading Web3 publisher focused on intellectual property and games, MON Protocol is at the forefront of innovation in gaming technologies. By partnering with top platforms like Solana and Immutable, MON Protocol is connecting blockchain-native games with millions of players worldwide, creating a vibrant and diverse Web3 universe.
MON Ventures is poised to make a significant impact on the blockchain gaming industry by empowering studios, driving innovation, and fueling growth. With a strong community of Web3 gamers and a vision for a diverse IP universe, MON Ventures is set to reshape the future of gaming. Partnering with industry leaders and leveraging the latest trends in blockchain investment, MON Ventures is well-positioned to thrive in the ever-evolving landscape of Web3 technologies.
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