Beam Foundation is gearing up to launch a $150 million venture fund in Abu Dhabi, focusing on blockchain gaming projects. Set for the first half of 2025, this fund will support blockchain-based games, AI, augmented reality, and user-generated content startups. An accelerator program will also aid startups in brand building and market strategies. Beam's Chief Strategy Officer, Mark Borsten, mentioned that regulatory approval is underway. This move aligns with Abu Dhabi's growing crypto ecosystem, which has attracted numerous startups due to favorable regulations and investments.
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