MON Protocol Rolls Out MON Ventures to Invest in Blockchain Game Studios

IconCryptoNewsTerminal Staff16 Jul, 2024

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MON Protocol Rolls Out MON Ventures to Invest in Blockchain Game Studios

MON Protocol, the publisher and partner project of the NFT game Pixelmon, has launched an investment fund called MON Ventures, according to a press release shared with Chainwire. The fund will focus on investing in blockchain game studios. Led by former Ubisoft, Sony, and Activision executives, the fund secured 500 Global as a lead investor, MON Protocol said. MON Ventures aims to support the growth of the blockchain gaming ecosystem by providing funding and strategic guidance to promising game studios. The fund will invest in studios that are building innovative and engaging blockchain games that push the boundaries of the industry. The launch of MON Ventures is a significant step forward for MON Protocol and the blockchain gaming industry as a whole. It demonstrates the growing interest in blockchain games from traditional gaming companies and investors. The investment fund is poised to play a key role in the development of the blockchain gaming ecosystem and the adoption of blockchain technology in the gaming industry.

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