Gaming-Focused Konvoy Ventures Raises $150M With Eye on Blockchain Game
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Konvoy Ventures has raised $150 million for a new fund.
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Around 20% to 30% of the asset will go toward blockchain and crypto-related games.
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Co-founder Josh Chapman said Konvoy will look into making investments based on tokens rather than shares.
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The firm will likewise hope to subsidize more customary gaming firms, remembering those working for the design, instruction, and medical services enterprises.
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Konvoy upheld Sky Mavis, the designer of Axie Infinity, which is a NFT-based virtual world.
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The firm has additionally put resources into Sipher, Genopets, and Ready Player Me.
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Any semblance of A16z and Dapper Labs have vowed around $1.3B in interests in GameFi and Metaverse ventures and advances.