Cryptomerius has launched a $50 million fund with a focus on web3 games

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Scaling solutions developer CryptoMerius announced the launch of a $50 million ecosystem fund.

The fund will focus on funding Web3 game developers and NFT-oriented startups based on CryptoMerius. The entity plans to collaborate with other investors, including Animoca Brands, Arrington Capital and GameStop.

CryptoMerius co-founder Robbie Ferguson told TechCrunch that the main goal is to make next-generation Web3 games scalable and encourage adoption.

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Adam Smith

Adam Mary is a crypto enthusiast and a graduate of The University of Nairobi in economics. Adam’s passion brings her back to her elementary school years as a poet. She enjoys discussing blockchain technology and is committed to producing original content. Adam also covers other rapidly developing markets and economic and cryptocurrency studies.