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Esports platform Coliseum launches $2 million fund

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Within the 12 months following their resolution to drop blockchain, the founders of blockchain chess challenge Immortal Sport 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 challenge concerned with the launch of a $2 million funding fund.

This may make investments as much as $250,000 in tasks starting from video games to guilds, with essentially the most promising being onboarded to the Coliseum platform.

“Our $2 million fund is extra than simply capital, it’s a gateway to development,” stated CEO Thomas Zaepffel.

“By combining monetary help with entry to our neighborhood and experience, we’re empowering the subsequent era of web3 gaming leaders to construct, scale, and succeed.”

Immortal Sport raised round $16 million in 2022, on the promise of constructing a blockchain-enabled chess platform, however introduced it was dropping blockchain options for the sport in late 2023. Nonetheless, it pivoted, taking its tech and constructing out a whole blockchain-based platform, which helps video games akin to Valorant, Counter-Strike, League of Legends and Immortal Video games.

You may apply for Coliseum funding right here.



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