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This Web3 Gaiming Giant Launches $100 Mln Grant Amid FTX Collapse

Game7, a Web3 gaming DAO, has started a grant program with a $100 million budget amid the FTX collapse. The main objective of this grant is to help programmers in creating the tools to make Web3 gaming better and more accessible.

As per the recent tweet WuBlockchain the web3 gaming DAO also planning to Improve smart contract standards, tooling, interoperable wallets, and scaling solutions toward global Web3 game adoption. Notably, Game7 is San Francisco-based decentralized autonomous organization, which is supported by the BitDAO and Forte ecosystems. As a matter of fact, with the ongoing circumstances, around the crypto world after the FTX collapse, this is exactly what blockchain game studios require as the crypto winter, economic downturn, and gamer hostility toward Web3 are all taking their toll.

(by Nishant Shukla)

DAO Web3
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