Web3 incubation fund Gam3Girl Ventures lately introduced an funding from Bitkraft Ventures, which is able to go in direction of Gam3Girl’s mission of serving to Web2 builders transition to Web3. Because of this Gam3Girl will have the ability to convey extra aspiring Web3 creatives into the group, and Bitkraft will develop its presence and help expertise in Asia.
Gam3Girl Ventures aspires to convey a few of the main Web2 expertise in Asia to the Web3 world by serving to them purchase the mandatory expertise. Gam3Girl affords the builders assets and data for financial system design, token launches and distribution methods amongst different issues. It additionally focuses on bringing builders’ Web2 experience from top-down to community-focused, utilizing incentive buildings to create extra socially pushed development.
Gam3Girl Ventures made its debut in July. Numerous VC funds, angel traders and Web3 infrastructure corporations backed the fund. A few of these embrace Arrington Capital, three of Axie Infinity’s cofounders and Masks Community. It has invested in quite a few Web3 initiatives corresponding to Blocklords, Infairy Labs and Ultivese.
Gam3Girl, Web3 and the way forward for gaming
GamesBeat spoke with FD, founding father of Gam3Girl Ventures, in addition to Jonathan Huang, Bitkraft’s Principal for the APAC area. FD stated that Game3Girl is searching for founders who’re already inquisitive about Web3: “We definitely want to invest founders who are looking at the future so they definitely need to see the depth and value that Web3 technology can add to their pathway of making games… A paradigm shifting moment is happening right now, in which there will be a lot more traditional developers interested in the [Web3] space. And then we just want to make sure we can help them transition over in a very efficient way and help them make this transition smoothly and very effectively.”
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Huang stated of Bitkraft’s funding into Gam3Girl, “As someone who spent a lot of time in Web3 over the past four-to-five years, this is a market that’s incredibly dynamic. It’s moving super-fast, and it’s going to take some developers a while to get really savvy around it. If you want to learn about crypto and accelerate, we will be there to help you accelerate that learning and be that partner along the way, because it can be very overwhelming for newcomers who are coming into crypto… We are here to source for deals that people don’t see yet, right? We want to be first to these deals. And so having a partner in the form of [Gam3Girl] is actually very powerful in helping us source better into East Asia.”
FD added, “A lot of people are having doubts about the future of Web3 gaming, mostly from the Web3 side, right? Some of the highly anticipated projects are actually underperforming. But we believe that, in a way, that will be good for the industry. Because it means that only those who are resilient and who are truly visionary and see the future will stay. In the mid-to-long run, we still think a lot of those bottlenecks and pain points can be solved very efficiently with with Web3. So in the mid-to-long run, we are still very optimistic despite the short term mediocre performance of some projects, or the GameFi space as a whole.”
