Game7 launches $100M Grant Program to advance Web3 gaming ChainPlay
•
one year ago
Share :
ChainPlay
•
one year ago
Share :
On November 28, Game7 announced on Twitter the launch of its blockchain gaming accelerator grant to further support industry building on web3 and metaverse. The grant will contain funding of up to $100 million.
The grant will go to projects and builders that are focused on major factors that will drive the blockchain industry further such as:
- Technology
- Events
- Diversity
- Education
- Research
The allocated funds will help fund these ongoing initiatives to incentivize the proper growth of web3 games. Additionally, the developers will also gain tech support and mentoring through hosting online or in-person events such as conferences and workshops.
What is Game7?
Game7 is a collective build to accelerate the blockchain gaming industry through grants, strategic initiatives, and education. Its community seeks to help shape and define the gaming industry by defining gaming standards and funding open-source software.
The community believes that infrastructures for Web3 gaming and metaverses should be public, open-source, and compatible and its milestone-based grants are a key way for the ecosystem to generate revenue. This ensures that the gaming industry will be sustainable, equitable, and fair.
Its funding mainly derives from a decentralized treasury in which it supports games on blockchain ecosystems such as Polygon and Solana.
Final Thoughts
If you think you have a promising project that requires funding, you can apply by visiting https://grants.game7.io/. Game 7 states that grant recipients are welcome to apply. Applicants will receive access to tech support, mentorship, and early access to Game7 initiatives.
Despite having no fees, upfront payments of grants will only be given in “exceptional cases” in which most will be issued according to project milestones. Grant candidates will need to undergo a series of security checks and will not be bound by any exclusivity agreements.
Share this article
Latest News
Star Atlas Unveils "Starbased": A New Era of Galactic
yesterday
Boosting Web3 Gaming: Amazon AWS and WAX Blockchain
yesterday
The Launch of BAWK Token in Chicken Derby Presale
2 days ago
How to Play Monsterra: A Beginner’s Guide For Gamers
3 days ago
Mines of Dalarnia Launches Modbots Season 2 for Anniversary
2 days ago
Related articles
The highly anticipated presale for BAWK token, the primary currency in the Chicken Derby gaming ecosystem, is about to commence. This article delves into the details of this token release event and what it entails for both existing Chicken Derby enthusiasts and the broader public.
ChainPlay
•
2 days ago
In a significant development for the Web3 gaming sphere, the WAX Blockchain has forged a strategic partnership with Amazon Web Services (AWS). This collaboration aims to revolutionize the capabilities available to developers in the realm of immersive gaming experiences.
ChainPlay
•
yesterday
Star Atlas, the space-themed MMO, is gearing up for the launch of "Starbased," a significant update to its SAGE Labs module set to debut on April 2nd. This update introduces players to a new era of galactic expansion within the game.
ChainPlay
•
yesterday