Gam3Girl Ventures, a Web3 incubation fund, recently announced an investment from Bitkraft Ventures. This partnership will support Gam3Girl’s mission of helping Web2 developers transition to Web3 and expand Bitkraft’s presence in Asia. Gam3Girl Ventures aims to bring leading Web2 talent in Asia to the Web3 world by providing resources and information for economic system design, token launches, and distribution strategies. They also focus on shifting developers’ focus from top-down to community-driven growth using incentive structures.
The fund has received backing from esteemed investors such as Arrington Capital, Axie Infinity’s cofounders, and Mask Network. Gam3Girl Ventures has already invested in several Web3 projects, including Blocklords, Infairy Labs, and Ultivese.
GamesBeat had the opportunity to speak with FD, the founder of Gam3Girl Ventures, and Jonathan Huang, Bitkraft’s Principal for the APAC region. FD explained that Gam3Girl is looking for founders who are interested in Web3 and understand the value it can bring to game development. They want to help these founders transition to Web3 efficiently and effectively. Huang emphasized the dynamic nature of the Web3 market and the need for developers to quickly adapt. Bitkraft aims to help developers accelerate their learning and navigate the overwhelming world of crypto. They see Gam3Girl as a powerful partner in sourcing deals in East Asia.
Despite some doubts about the future of Web3 gaming, FD remains optimistic. While some highly anticipated projects may be underperforming, he believes that this will ultimately be beneficial for the industry. Only resilient and visionary projects will survive, and in the long run, many of the current pain points can be efficiently solved with Web3 technology. Despite the short-term mediocre performance of some projects, FD and the Gam3Girl team remain confident in the potential of Web3 gaming.
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Overall, the investment from Bitkraft Ventures into Gam3Girl Ventures represents a significant step forward for the Web3 gaming industry. It will enable Gam3Girl to bring more Web2 developers into the Web3 community and support their transition. With the support of esteemed investors and strategic partnerships, Gam3Girl Ventures is well-positioned to drive the future of Web3 gaming in Asia and beyond.