Tag: Faraway

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Solana Ventures, FTX, and Lightspeed Launch $100 Million Blockchain Gaming Fund

November 8, 2021

Solana Ventures, the investment arm of the Solana blockchain, FTX, and Lightspeed, a venture capital firm, have announced the launch of a joint web3 gaming initiative. The fund will have $100 million at its disposal to invest in gaming projects using blockchain-based systems in the Solana network. The fund has already made its first investment…
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FTX-backed studio explains why Solana is better for game developers

November 4, 2021

Lightspeed Venture Partners and FTX led blockchain game developer Faraway’s $21-million funding round. While the Ethereum blockchain has the community advantage, the competition with Solana is heating up thanks to the rise of blockchain-based play-to-earn games, which is now simply called GameFi. Founded by Scopely and Glu Mobile veterans, game developer and publisher Faraway announced that…
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