Binance Smart Chain Launches A $200 Million Fund Along With Animoca Brands For DeFi & GameFi

Within BSC’s (Binance Smart Chain) $1 Billion Growth Program, Animoca Brands and BSC set up a $100 Million fund each to accelerate the adoption and support blockchain gaming projects on BSC, prioritizing GameFi.

Gaming is one of the strong pillars of Web 2.0, reaching billions of users. Its large-scale real-life use case makes it one of the core focus areas for crypto’s mass adoption to onboard retail consumers into the Web 3.0 world.

Gwendolyn Regina, Investment Director at Binance Smart Chain.

Animoca Brands is one of the leading blockchain game developers in the industry and well known for its contribution and investments into many promising NFT and Metaverse projects.

BSC is one of the largest blockchain ecosystems, with over 2.1 million daily active addresses in the past weeks. In the BSC ecosystem, you can find various games such as RPGs, Sports, Adventures, and many other P2E (Play-To-Earn) games.

This investment program will provide these necessities to the projects that we think have the potential to take blockchain mainstream.

Yat Siu, the Executive Chairman and Co-Founder of Animoca Brands.

Funding these new projects will help the developers adopt and create a stable GameFi game ecosystem with Animoca’s experience and the active community of Binance Smart Chain.

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