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IMG – RE3W.IO https://re3w.io Web 3 Gaming News Sat, 24 Sep 2022 19:14:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://re3w.io/wp-content/uploads/2022/06/cropped-6257123555f2839a6f5124cd_re3w-p-500-32x32.png IMG – RE3W.IO https://re3w.io 32 32 Okay Bears and IMG To Launch Web3 Gaming Experience Together Through Partnership https://re3w.io/2022/09/24/okay-bears-and-img-to-launch-web3-gaming-experience-together-through-partnership/ https://re3w.io/2022/09/24/okay-bears-and-img-to-launch-web3-gaming-experience-together-through-partnership/#respond Sat, 24 Sep 2022 19:14:14 +0000 https://re3w.io/?p=1588 Okay Bears, the popular non-fungible token (NFT) project on the Solana blockchain, is teaming up with global entertainment leader IMG to launch new consumer products and web3 gaming experiences. IMG will now be the exclusive global licensing representative for the community-focused web3 project. 

Okay Bears consists of 10,000 “well-dressed” bears sold as pfp NFTs. The project apparently made $18 million in sales within 24 hours of its April 2022 launch on the NFT marketplace Magic Eden. Co-founded by graphic designer Kais and former engineer Suby, the project has promised merchandise drops, live events, and brand collaborations for its holders. 

IMG has previously worked on licensing deals with other youth-focused brands like Fortnite, Lego, and Angry Birds. Bruno Maglione, president of licensing at IMG, said that the Okay Bears’ “brand message and values” will be reflected in future creative collaborations and products.

]]> https://re3w.io/2022/09/24/okay-bears-and-img-to-launch-web3-gaming-experience-together-through-partnership/feed/ 0 NEAR And Caerus Ventures Announce $100M Venture Capital Fund https://re3w.io/2022/09/15/near-and-caerus-ventures-announce-100m-venture-capital-fund/ https://re3w.io/2022/09/15/near-and-caerus-ventures-announce-100m-venture-capital-fund/#respond Thu, 15 Sep 2022 01:18:12 +0000 http://re3w.io/?p=1493 The NEAR Foundation announced at their NEARCON 2022 event in Lisbon, Portugal, they will be introducing a $100 million venture capital fund and venture lab in partnership with Caerus Ventures. NEAR will anchor the fund, which has an initial closing of $50 million and a target of $100 million for seed series A investments. 

The first investment will be in the venture lab, which will work with creators, talent, and franchise owners to conceive, validate, test, and build the next generation of web3 platforms. 

Caerus Ventures is a newly launched investment firm led by IMG executive Nathan Pillai, who said Caerus aims to catalyze innovation in web3, focusing on sport, gaming, music, film, fashion, and art.

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