- The collaboration intends to accelerate blockchain gaming innovation.
- Saakuru Labs provides full assistance for game designers.
Saakuru Labs and Memecore have announced the formation of a combined foundation with an initial capital of $10 million. The foundation will invest in and acquire memecoin communities and games for inclusion into their own ecosystems. This strategic alliance aims to enhance activity on the Memecore Layer 1 protocol. Simultaneously, it will strengthen the decentralized application (dApp) ecosystem on the Saakuru Layer 2 protocol, fostering greater interoperability and innovation.
By using their blockchain gaming experience, the two companies intend to expand the gaming sector and promote emerging Web3 gaming projects, which aligns with Memecore’s goal of driving blockchain innovation.
Driving Growth in Web3 Gaming
The alliance will provide considerable financial and strategic support to gaming activities. The $10 million fund will not only fund game production projects but will also provide technical assistance to help improve the overall gaming environment. The collaboration aims to increase the total value locked (TVL) within both the Saakuru and Memecore ecosystems. This will be achieved by fostering innovative creativity within the game, enhancing user engagement and investment opportunities.
Saakuru Labs will offer comprehensive support for gaming studios, including publishing options, development resources, and incubation chances. This project guarantees that budding game studios have access to necessary resources and support as they work through the development process.
Furthermore, both organizations intend to use their broad networks to identify early-stage investment possibilities, assisting prospective gaming studios from concept to launch.
Jack Vinijtrongjit, Co-Founder and CEO of Saakuru Labs, highlighted his excitement about the relationship, saying, that They have built a strong reputation in the blockchain gaming industry, and this collaboration with Memecore allows us to accelerate the development of new gaming projects. With this collaboration, They can provide more resources to top-tier game developers and grow both ecosystems.
Finn, Co-Founder of Memecore, stated a similar perspective, highlighting the importance of cooperation. This collaboration with Saakuru Labs marks a significant milestone for Memecore. Together, they are laying the groundwork for the future of blockchain gaming, bringing a new wave of fascinating applications to the Web3 sector, he explained.
As the blockchain gaming industry expands, Saakuru Labs and Memecore’s collaborative efforts are prepared to stimulate innovation and provide vital support for the next generation of gaming firms in the Web3. The collaboration not only represents a significant investment in gaming, but it also improves the overall scenario for decentralized applications and memecoin in the blockchain ecosystem.
