ChainCatcher news, according to CoinDesk, the Web3 game development platform Immutable, venture capital firm King River Capital, and Polygon Labs have collaborated to establish a $100 million Web3 gaming fund called "Inevitable Games Fund" (IGF). IGF will provide high-growth opportunities for professional and mature investors in the Web3 gaming sector.It is reported that Immutable and Polygon Labs will be responsible for identifying investment opportunities, while King River will manage the investment process and deploy funds to game studios and Web3 infrastructure companies.

ChainCatcher message: According to a joint report released by DappRadar and the Blockchain Game Alliance, in July 2023, funding for web3 games surged to $297 million, a year-on-year increase of 336.76%, with 63% flowing into infrastructure. This detail indicates that the industry is still in its early stages. Investors are betting on tools and platforms that can facilitate future cryptocurrency and NFT-driven games.