TLDR:
- Farquhar Venture Capital partners with TZ Apac to accelerate Web3 games on the Tezos blockchain.
- FVC will coinvest in Web3 gaming projects on Tezos to position it as the blockchain of choice for the gaming community.
In an effort to drive growth in the Web3 gaming sector, Farquhar Venture Capital (FVC) has announced a strategic partnership with TZ Apac. This collaboration aims to support the integration of browser and mobile games into the Web3 ecosystem by pooling financial and other resources. FVC, a leading backer of early stage companies in Singapore and Southeast Asia, will commit financing from existing thematic funds into upcoming Web3 game startups utilizing the Tezos Blockchain. The partnership with TZ Apac, a Singapore-based adoption hub for the Tezos blockchain, promises to boost the Tezos ecosystem through strategic investments and accelerator support for projects adopting the protocol.
Tezos emerged as the preferred partner for this initiative due to its robust and scalable blockchain protocol, well-suited for Web3 gaming projects. FVC’s foray into Web3 investments holds immense promise for the broader ecosystem by combining traditional strengths in Web2 spaces with the rapid growth potential of Web3 gaming. This strategic partnership signifies a significant step forward for the Tezos gaming ecosystem, with recent collaborations and partnerships validating the dedicated efforts of the adoption hub’s gaming vertical.
Key partnerships and developments in the Tezos ecosystem, such as EMERGE Group and the KAP Co-Grant Program, highlight the growing momentum of Web3 gaming on the Tezos blockchain. Games like CoinBlast and Cricket Stars have achieved significant milestones in user engagement and NFT transactions, showcasing the potential of blockchain-powered gaming projects on Tezos. With this collaboration, FVC and TZ Apac aim to drive the next wave of innovation and accelerate the adoption of Web3 gaming on the Tezos blockchain.
