TLDR:
Farquhar Venture Capital, based in Singapore, has partnered with TZ APAC, a Tezos blockchain incubator, to invest in upcoming Web3 games. This partnership aims to support new talent in Asia and promote the growth of the Tezos gaming ecosystem.
Summary:
Farquhar VC has announced a collaboration with TZ APAC to co-invest in Web3 games built on the Tezos blockchain. This partnership will allow Farquhar VC to invest in upcoming startups in the gaming, NFT, and DeFi sectors in Asia. TZ APAC, supported by the Tezos Foundation, is accelerating the adoption of Tezos as the blockchain of choice in the region.
Tezos is a blockchain network that hosts the XTZ token and enables participation in DeFi, dApps, and NFT projects. The low transaction fees and energy efficiency of Tezos make it an attractive option for minting NFTs. This partnership highlights the growing interest in the Tezos gaming ecosystem.
Singapore, known for its crypto-friendly regulations, remains a hub for innovation in Asia. Recent initiatives by the government and regulatory bodies signal a commitment to supporting the blockchain and crypto industry in the region. Farquhar VC’s partnership with TZ APAC demonstrates the potential for growth and collaboration in the Web3 space.
