Magic Eden revealed last week that its venture arm Magic Eden Ventures has invested in 11 web3 gaming studios. Partners backed include MatchDay, Blockstars, Epic League, Intella X, and more.
The announcement “highlights Magic Eden’s commitment to pushing the web3 gaming industry forward”. Magic Eden recently hired Chris Akhavan as Chief Gaming Officer, and expanded onto the Polygon blockchain.
Since Magic Eden Ventures launched in July 2022, their gaming team has been working closely with innovative game studios with a long-term vision in web3 gaming. The eleven studios range from web3 native developers to studios from traditional gaming backgrounds.