{"id":593720,"date":"2024-11-01T04:34:25","date_gmt":"2024-11-01T04:34:25","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=593720"},"modified":"2024-11-01T04:34:25","modified_gmt":"2024-11-01T04:34:25","slug":"vaneck-dives-deeper-into-web3-gaming-invests-in-nft-gaming-startup-gunzilla","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/vaneck-dives-deeper-into-web3-gaming-invests-in-nft-gaming-startup-gunzilla","title":{"rendered":"VanEck Dives Deeper Into Web3 Gaming – Invests In NFT Gaming Startup Gunzilla"},"content":{"rendered":"

Blockchain gaming, which previously took the crypto and non-fungible token communities by storm, is back on hype and is considered a hot new frontier in online gaming. In recent weeks, the NFT games market has seen notable institutions and global asset managers shift their focus back and reconsider web3 gaming as a viable investment destination. VanEck is the latest firm to bet big in this web3 gaming sector, with investment in Gunzilla Games.<\/p>\n

VanEck Invests In NFT Gaming Startup Gunzilla<\/h2>\n

In an October 31 blog post, VanEck confirmed through its spokesperson Mattmaximo that they have invested in Gunzilla Games and their ambitious new project, Off the Grid (OTG). The recent investment in Gunzilla Games has brought VanEck’s investment in the Web3-enabled gaming space to two under its liquid token strategy. Liquid Token Strategy refers to staking assets in liquid form, allowing users to engage in various economic activities while earning staking rewards.<\/p>\n

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Excited to announce our 2nd major gaming investment at @vaneck_us<\/a> liquid token strategy: Gunzilla Games, creators of the first web3-enabled Triple-A rated game, Off The Grid, on PC, Xbox and PS5.<\/p>\n

Here's why we're bullish on OTG and the intersection of gaming and blockchain:
🧵
https:\/\/t.co\/ws5YqvlVml<\/a><\/p>\n

— Matt (@mattmaximo1) October 31, 2024<\/a><\/p><\/blockquote>\n