Saakuru Labs and Memecore Launch $10 Million Fund for Blockchain Gaming
Strategic Alliance for Blockchain Gaming
Saakuru Labs and Memecore have joined forces to establish a new joint foundation with an initial fund of $10 million. This fund is dedicated to investing in meme coin communities and gaming projects, integrating them into the Saakuru and Memecore ecosystems. This collaboration aims to eliminate entry barriers for developers transitioning from traditional gaming to blockchain platforms.
Financial and Technical Support
The substantial capital will provide financial backing as well as technical and strategic resources for blockchain gaming projects. The focus is on expanding the Web3 gaming landscape, with Saakuru Labs offering extensive support to game developers. This initiative is expected to enhance the total value locked (TVL) in both the Saakuru and Memecore ecosystems.
Enhancing Developer Resources
Saakuru Labs is committed to supporting game developers from the incubation stage to publishing opportunities. This collaboration will enable the provision of additional resources to top-tier developers, strengthening both ecosystems. The partnership marks a significant milestone in the blockchain gaming sector, paving the way for a new wave of projects in the Web3 space.
Bridging Web2 and Web3 Gaming
Saakuru Labs facilitates game promotion with zero transaction fees, bridging the gap between Web2 and Web3 through its Layer 2 protocol. Its fast block time enables developers to run on-chain applications such as MMORPGs while eliminating gas fees. Concurrently, Memecore is developing a Layer-1 blockchain to cater specifically to the meme coin space, further solidifying the foundation for future blockchain gaming advancements.
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