According to a statement released Friday, the NFT scaling platform Immutable has started a $500 million venture fund for Web 3 games and NFT projects.
Through token grants and investments, the new venture fund will also build on the Immutable X protocol. IMX is the native token for Immutable X.
Immutable said the fund will work with crypto and gaming investors like BITKRAFT, Animoca, Arrington Capital, Double Peak, Airtree, King River Capital, and GameStop.
