Coliseum gaming competition platform recently announced the launch of a $2 million Web3 gaming fund aimed at accelerating the development of Web3 gaming projects. 🎮 This fund is supported by Kraken Ventures and NBA star Kevin Durant, and plans to provide $500,000 to $2.5 million in funding for each selected project. 🏀

The fund will focus on areas such as game studios and gaming guilds, integrating these projects into Coliseum's ecosystem. This move is seen as a significant step in promoting the application of blockchain technology in the gaming industry. While the market has mixed views on the prospects of Web3 gaming, such investments may bring new vitality to the industry. 🔗