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IDO platform Poolz has established a $2M fund to invest in Metaverse and NFT Gaming projects

Poolz, a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure has announced that it has established a $2 million fund to invest in promising NFT and gaming projects in a bid to further innovation in the blockchain gaming space.

According to the press release on Sept 3, the IDO platform says that it will be looking out for the most interesting Metaverse and NFT gaming projects that bring a unique perspective and can offer an immersive and profitable user experience.

And the investment fund, Poolz aims to support more entrepreneurs building games in the blockchain space. The project aims to offer the necessary financial strength so that projects can innovate without barriers.

“As our community shows an increasing interest in blockchain-based NFT and metaverse games, our 2 million dollar fund was an obvious next step to bring forward a way to support such projects, ” Co Founder & CMO of Poolz, Liam Cohen said.

He added, “Metaverse is not just the future of games but also the future economy of the internet. The time is not far away when we get very close to the immersive metaverse like what we see in movies such as Ready Player One. While technology behemoths are already placing their bets on this, there are also up-and-coming startups that offer promising solutions,. We are excited to associate ourselves with these projects and lead the world toward this evolution.”

Metaverse is a portmanteau of meta, meaning transcendent, and verse, from universe. Sci-fi novelist Neal Stephenson coined the term in his 1992 novel “Snow Crash” to describe the virtual world in which the protagonist, Hiro Protagonist, socializes, shops and vanquishes real-world enemies through his avatar. The concept predates “Snow Crash” and was popularized as “cyberspace” in William Gibson’s groundbreaking 1984 novel “Neuromancer.”

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