Despite the early fumbles of the VR market, there’s enough new momentum in the sector to spin-up a new $50 million fund to invest in VR opportunities alongside the metaverse says Jon Goldman an experienced game investor and former studio executive.
said that blockchain games are “interesting”, but it won’t be the primary focus of the fund.
Goldman was the founder of Foundation 9 Entertainment, which created games based on Star Wars, The Matrix, The Simpsons, and Lord of the Rings. This is the second gaming fund for Goldman, after the GC Tracker Fund which was a $15 million fund for seed investments in gaming VR and AR. The GC Tracker Fund launched in the early days of VR gaming, and most of the companies in the fund did not survive the ‘In the time since,
has hit approximately 3 million and the playtime has increased significantly but VR still remains a niche form factor for gaming.Save a Seat NowThe leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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