Category: NFT News

Immutable and Polygon Labs Unveil $100M Blockchain Gaming Fund

By Published On: March 20, 20242.4 min readViews: 1650 Comments on Immutable and Polygon Labs Unveil $100M Blockchain Gaming Fund

Teams behind leading web3 gaming networks launch “ecosystem-agnostic” GameFi fund.

Immutable, Polygon Labs, and King River Capital have teamed up to launch a $100 million web3 gaming fund.

Announced on March 19, the Inevitable Games Fund (IGF) aims to identify high-growth opportunities within the web gaming sector for investors. IGF is a privately offered fund available to “certain types of progressional and sophisticated investors” capped at $100 million.

King River Capital will be tasked with heading the fund’s investment process, while Polygon and Immutable will lean on their experience and expertise in the GameFi sector.

However, an announcement described the fund as “ecosystem-agnostic,” suggesting the IGF will look to make investments into web3 games operating on networks other than those within the Immutable and Polygon ecosystems.