Within the 12 months following their resolution to drop blockchain, the founders of blockchain chess undertaking Immortal Recreation have been engaged on Coliseum.
It’s an esport event platform, which handles each web2 and web3 video games, utilizing blockchain options.
And now it’s seeking to get extra tasks concerned with the launch of a $2 million funding fund.
This can make investments as much as $250,000 in tasks starting from video games to guilds, with probably the most promising being onboarded to the Coliseum platform.
“Our $2 million fund is more than just capital, it’s a gateway to growth,” stated CEO Thomas Zaepffel.
“By combining financial support with access to our community and expertise, we’re empowering the next generation of web3 gaming leaders to build, scale, and succeed.”
Immortal Recreation raised round $16 million in 2022, on the promise of creating a blockchain-enabled chess platform, however introduced it was dropping blockchain options for the sport in late 2023. Nevertheless, it pivoted, taking its tech and constructing out a complete blockchain-based platform, which helps video games similar to Valorant, Counter-Strike, League of Legends and Immortal Video games.
You may apply for Coliseum funding right here.
