According to Techub News, Web3 intellectual property (IP) and game publisher MON Protocol launched a new investment fund MON Ventures, led by 500 Global, focusing on seed rounds and pre-TGE investments in blockchain games and infrastructure.

The fund is led by a team of former executives from Ubisoft, Sony, Activision, Warner Media, Bandai Namco and Electronic Arts (EZ), and will provide support for blockchain game studios around the world.