Exciting news for GameFi as ChainSafe raises $18.75M

Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi...

Gamers get excited! Canadian Web3 infrastructure company ChainSafe has closed an $18.75 million Series A funding round that was backed by the most prominent venture firms in the industry: Round13, NGC Ventures, ConsenSys, and Fenbushi Capital to name a few.  It's a huge step forward for the growth and adoption of Web3 technology — particularly within GameFi. For those that don't know, ChainSafe is providing the tools that developers need to create the groundbreaking gaming projects on the blockchain. We're talking about the Unity Engine, Unreal Engine, Godot Engine and so much more. "It is the first open-source gaming library of its kind to be multi-wallet, multi-marketplace, & multi-blockchain" – ChainSafe Despite the lull in the crypto market over the past six months, venture capital continues to invest heavily in this space. According to DappRadar, blockchain games and metaverse projects raised $1.3 billion in venture financing in the third quarter alone.  Read more here about this industry-propelling funding round, along with a bonus look at the future of GameFi according to experts. Be the first to get updates about all things Web3, while leveraging the same AI technology that institutions and hedge funds rely on with Cointelegraph Markets Pro. Russell DeCorte Director Markets Pro © 2022 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. Copyright © 2022 Cointelegraph Markets Pro, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: Cointelegraph Markets Pro 21 W 46th St New York, NY 10036-4119 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.