California-based leading cross-chain NFT platform Magic Eden announced that its venture arm, Magic Eden Ventures, has invested in 11 Web3 gaming studios. Invested studios include Strider, Neowiz, Matchday, BR1: INFINITE, Epic League, Blockstars, Oring Games, Moonveil, Lucky Kat, Rooniverse, and Bunch.
Magic Eden launched Magic Eden Ventures in July 2022 and works closely with game studios with a long-term vision in web3 gaming. Magic Eden recently hired its Chief Gaming Officer, Chris Akhavan, and expanded onto the Polygon blockchain.
Chris Akhavan, Chief Gaming Officer at Magic Eden, commented:
“We’re still at the beginning of what blockchain gaming will become. Experienced game studios building web3-enabled games are pioneering something special – fun games with digital asset ownership and powerful economies that enable communities and creators to deepen their connection with the games they love. It’s a powerful combination. We look forward to continuing our support of emerging game studios and helping them achieve long-term success.”
By forming partnerships with game studios, Magic Eden will help games launch NFT projects, acquire and engage users for their games, and support gaming infrastructure via in-game marketplaces.