{"id":42013,"date":"2023-01-22T15:27:54","date_gmt":"2023-01-22T15:27:54","guid":{"rendered":"http:\/\/egrowonline.com\/?p=42013"},"modified":"2023-01-22T15:27:54","modified_gmt":"2023-01-22T15:27:54","slug":"asia-blockchain-gaming-alliance-launches-45-million-eco-fund","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=42013","title":{"rendered":"Asia Blockchain Gaming Alliance Launches $45 Million Eco Fund"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><strong>Join the revolution of blockchain gaming in Asia with the launch of the $45 Million Eco Fund by the Asia Blockchain Gaming Alliance (ABGA) to support the development and growth of blockchain game projects and companies in the region<\/strong>.<\/p>\n<p>The Asia Blockchain Gaming Alliance (ABGA) has announced the launch of a <strong>$45 million eco fund <\/strong>to drive innovation in the blockchain gaming industry in Asia. This move comes as a part of their mission to promote the development and adoption of blockchain games in the Asian market. The eco fund will be used to support and strengthen game developers and companies at all stages of development, from early-stage startups to established studios.<\/p>\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/ABGA?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#ABGA<\/a> Eco Fund Official Announcement\uff1a<\/p>\n<p>Asia Blockchain Gaming Alliance (ABGA) will launch an ecological fund (ABGA Eco Fund) focusing on <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/blockchain?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#blockchain<\/a> games in the first quarter of 2023. The size of the fund will exceed $45 million. <a target=\"_blank\" href=\"https:\/\/t.co\/mGt5isiF8G\" rel=\"noopener\">pic.twitter.com\/mGt5isiF8G<\/a><\/p>\n<p>\u2014 ABGA (@ABGAasia) <a target=\"_blank\" href=\"https:\/\/twitter.com\/ABGAasia\/status\/1614909214324920321?ref_src=twsrc%5Etfw\" rel=\"noopener\">January 16, 2023<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The fund will be used to provide financial support, mentorship, and resources to help these companies bring their projects to market and achieve success.\u00a0 Exceeding $45 million, the fund will focus on the<strong> first quarter of 2023<\/strong>, showcasing the potential web3 gaming can contribute to everyone.<\/p>\n<p>2022 has been a good year for GameFi. It has proven that it is the <a target=\"_blank\" href=\"https:\/\/blockzeit.com\/new-report-reveals-gaming-is-the-strongest-use-case-for-crypto\/\" rel=\"noreferrer noopener\">strongest use case<\/a> for the entire web3 industry and that we might see it right even more this year.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"870\" height=\"450\" src=\"https:\/\/blockzeit.com\/wp-content\/uploads\/2023\/01\/gaming.jpeg\" alt=\"gaming\" class=\"wp-image-27091\" srcset=\"https:\/\/blockzeit.com\/wp-content\/uploads\/2023\/01\/gaming.jpeg 870w, https:\/\/blockzeit.com\/wp-content\/uploads\/2023\/01\/gaming-300x155.jpeg 300w, https:\/\/blockzeit.com\/wp-content\/uploads\/2023\/01\/gaming-768x397.jpeg 768w, https:\/\/blockzeit.com\/wp-content\/uploads\/2023\/01\/gaming-750x388.jpeg 750w\" \/><figcaption class=\"wp-element-caption\">Gaming \u2013 Source: Jumpstart Magazine<\/figcaption><\/figure>\n<p>ABGA is a non-profit blockchain alliance that\u2019s co-sponsored by leading institutions within the gaming industry. It is composed of <strong>over 100 members, <\/strong>composed of firms and organizations from startups to diamond members, and has conducted <strong>over 20 events<\/strong> in its organization.<\/p>\n<p>Based in Singapore, the organization seeks to advance the blockchain gaming industry by <strong>promoting the vigorous development<\/strong> and future of the global blockchain game industry. To name a few, Polygon, Kucoin, and Mint Ventures are just a few members of the organization.\u00a0<\/p>\n<h2 id=\"h-final-thoughts\">Final Thoughts<\/h2>\n<p>The launch of this eco fund is a significant step towards the development and adoption of blockchain games in the Asian market.\u00a0<\/p>\n<p>It will provide game developers and companies with the necessary support to bring their projects to life and give players the opportunity to experience a new level of immersion and ownership in the games they love. With this eco fund, players can expect to see new and exciting blockchain games that will push the boundaries of what is possible in the gaming industry (possibly more advanced AI integration?).<\/p>\n<div class=\"saboxplugin-wrap\">\n<div class=\"saboxplugin-tab\">\n<div class=\"saboxplugin-gravatar\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/blockzeit.com\/wp-content\/uploads\/2022\/10\/me-for-work-e1667102034928.jpg\" width=\"100\" height=\"100\" alt=\"Edmond Herrera\" \/><\/div>\n<div class=\"saboxplugin-desc\">\n<div>\n<p>Edmond is a passionate writer for Video games, GameFi and Web3. He has  worked for top GameFi companies and video game\/crypto news websites.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiU2h0dHBzOi8vYmxvY2t6ZWl0LmNvbS9hc2lhLWJsb2NrY2hhaW4tZ2FtaW5nLWFsbGlhbmNlLWxhdW5jaGVzLTQ1LW1pbGxpb24tZWNvLWZ1bmQv0gEA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Join the revolution of blockchain gaming in Asia with the launch of the $45 Million Eco Fund by the Asia Blockchain Gaming Alliance (ABGA) to support the development and growth of blockchain game projects and companies in the region. The Asia Blockchain Gaming Alliance (ABGA) has announced the launch of a $45 million eco fund [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":42014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[38],"tags":[2723,601,73,7920,533,74,288,545],"class_list":["post-42013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-alliance","tag-asia","tag-blockchain","tag-eco","tag-fund","tag-gaming","tag-launches","tag-million"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/01\/Asia-Blockchain-Gaming-Alliance.jpeg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/42013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42013"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/42013\/revisions"}],"predecessor-version":[{"id":42015,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/42013\/revisions\/42015"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/42014"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42013"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}