If you are a fan of gaming and can’t wait for web 3.0, here is another reason to buy Solana. The Solana ventures, Lightspeed venture partners and FTX have all chipped in to invest $100 million on web 3.0 gaming. The investment includes gaming studios who utilize the SOL blockchain. The integration includes video games on all platforms.
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Web 3.0 Gaming
Web 3.0 gaming has been gaining massive popularity lately. Considering the incredible potential that play-to-earn titles like Axie Infinity have, it is no wonder why companies rush to invest. Furthermore, thanks to Facebook, metaverse games are also on the rise. Games such as Sandbox and Decentraland have skyrocketed in popularity.
This business venture has already put $21 million on gaming studio Faraway as the first candidate. Technically speaking, the investment falls into two main categories. One being developing new titles on the Solana network. Secondly, the mission is to integrate the Solana network into already existing titles. Learn all about SOL network and how to Buy Solana on “What is Solana”.
By integrating the blockchain network into games, players will have access to NFTs and Solana wallets as in-game features.
The Lightspeed Partner Amy Wu said in the press release: “Gaming has a massive opportunity to bring the next billion users to Web 3”. Furthermore, she continued “High-performance blockchains like Solana are now capable of delivering the kind of Web 2 experiences gamers expect while providing the advantages of decentralized Web 3 systems.”
Will Gamers Buy Solana
As Joe Biden would say, here is the deal: We have already witnessed how NFTs managed to bring massive inflows to both Ethereum and Solana network. Considering the financial ecosystem of Web 3.0 games, they can drastically increase the circulation supply of whatever blockchain they are based on. Simply speaking, gamers will hold, buy and sell both NFTs and Coins based on the blockchain network.
The Solana Ventures seeks to assert dominance in this field as an early investor. However, Lightspeed has officially announced that they are $300 million dollars ahead of everyone else. Their investments include companies such as Epic Games, Tripledot Studios, Alchemy, 1047 Games, Offchain Labs and Wintermute.
At this point, it is a certainty that web 3.0 games will have a crucial role in the future of gaming. After all, why not make money while delivering 360 no scope headshots?
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