Coliseum Announces $2 Million Investment Fund to Support Web3 Gaming

French esports platform Coliseum announced $2 million in funding to support blockchain-based gaming projects.

Selected projects will have access to Coliseum’s ecosystem, including a network of millions of gamers and expert guidance on marketing and expansion. The initiative aims to address key challenges facing developers in the blockchain gaming space, including limited funding, audience engagement, and promotional barriers.

Applications for funding are now open, targeting projects that demonstrate strong growth potential and align with the platform’s vision for the future of gaming.

Why is this investment important for blockchain gaming?

Despite its growth, blockchain gaming continues to face structural issues that limit its potential.

With the global web3 games market valued at $26.38 billion by 2023, developers often struggle to secure funding, build audiences, and market their projects effectively. These barriers can prevent innovative ideas from reaching the market, slowing down the overall development of the industry.

The Coliseum’s $2 million fund aims to directly address these issues. Financial investments ranging from $50,000 to $250,000 per project provide critical resources to emerging developers. In addition to financial support, Coliseum can instantly expose your project to an existing audience by integrating into an ecosystem of 2.5 million gamers.

By combining funding, audience access and strategic mentorship, Coliseum’s initiative offers a multi-pronged approach to fostering innovation in the web3 gaming sector.

How does a project apply for funding?

Applications for this fund are open to a variety of blockchain gaming initiatives, including game studios, esports guilds, and other web3-focused teams.

Developers are invited to submit proposals describing Coliseum’s mission to enhance the blockchain gaming ecosystem, project goals, and growth potential through the application form in the official Coliseum announcement.

Selected projects will be integrated into Coliseum’s platform, including financial support as well as access to the gaming community, marketing resources and expert mentorship to help ensure the success of the funded projects.

Projects will be evaluated based on their potential to contribute to the innovation and advancement of web3 games.