Web3 is making the changes in the gaming industry, it is all about decentralized asset ownership, play to earn and easy NFT implementation. Free from the limitations of platforms that gamers can trade virtual goods to get actual worth from the efficient and immersive way games are created.

Headlining this change is Coliseum- a competitive gaming platform that is now at the forefront of innovation in Web3. Obviously, to compete with market giants and promote industry development, Coliseum has introduced an $2 million Investment Fund for the support of Web3 gaming projects. This plan also offers an important source of funding but most importantly it allows Coliseum’s direct access to players, marketing and strategic resources.

Supporting Web3 Gaming Development

Coliseum Investment Fund has unveiled plans to offer funding to promising gaming project, with amounts of $50,000-$250,000. This way, Coliseum is ready to redefine the decentralized gaming space by partnering with the projects promising potential and distinct strategies.

Selected developers will be able to use Coliseum’s application to link their games with millions of players and increase their popularity.

Thomas Zaepffel, CEO and Co-Founder of Coliseum, emphasized the fund’s broader mission: At the heart of our approach is a $2 million fund, which is not just about money, but about opportunity. In addition to offering our members access to the community, we are also offering financial support, which will help the future leaders of Web3 gaming to succeed.”

Dr Jinhua and Dr Zhang’s presentation aimed at responding to some of industry challenges.

The gaming industry on the Web3 is still rapidly growing and is forecasted to be worth USD 26.38 billion in 2023. However, there are always barriers to entry such as little capital, fragmented clients, and advertising issues. This is where Coliseum’s fund is positioned as it provides the missing links that allow smarter, quicker scaling of inventive ideas and initiatives.

Expanding the Web3 Ecosystem

It is not just one project at a time but also a collective effort, spreading the foundation of the Web3 gaming space to contribute to the improvement of the ecosystem. Every funded project helps in building a community for game lovers,game developers and many others in the gaming industry.

How to Apply

The Coliseum Investment Fund is now open for submissions for Web3 gaming studios, guilds, and blockchain-centric developers who are set to ramp up. Do not let this chance pass and help your project to grow while joining the active Web3 community.

Please continue to visit Coliseum’s platform for further information about how the fund continues to influence the future of gaming.