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NEAR Foundation – RE3W.IO https://re3w.io Web 3 Gaming News Wed, 29 Mar 2023 01:20:09 +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 NEAR Foundation – RE3W.IO https://re3w.io 32 32 Wemade Raised $46M Led By Microsoft and Partnership With Near Foundation For Web3 Gaming https://re3w.io/2023/03/29/wemade-raised-46m-led-by-microsoft-and-partnership-with-near-foundation-for-web3-gaming/ https://re3w.io/2023/03/29/wemade-raised-46m-led-by-microsoft-and-partnership-with-near-foundation-for-web3-gaming/#respond Wed, 29 Mar 2023 01:20:08 +0000 https://re3w.io/?p=3200 Wemade reveals a partnership with Near Foundation for gaming in Korea. They also recently raised $46 million led by Microsoft, Shinhan Asset Management, and Kiwoom Securities. 

Wemade is described as a pioneer in game development from South Korea. The company’s focus is shifting towards metaverse and blockchain (NFT, DeFi) technology with an emphasis on personalizing the gaming experience through in-game asset ownership. 

Wemade says its aim is to transform everyday games with blockchain technology and establish its Wemix token as a key currency in the gaming industry. CEO Henry Chang says wants to make Wemade the “Steam of blockchain games”.

Wemade is the developer and owner of “The Legend of Mir” IP. The Legend of Mir apparently has more than 500 million users. And its latest blockchain game Mir4 is a new web3 game that apparently has more than four million people playing every month.

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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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