Tokenomics #15 Kongregate's Web3 ambitions, their $40M fund and the Immutable partnership
Whether you know it for its role as a hub of the Flash game development scene or in its later incarnation as a F2P mobile publisher, you are likely familiar with Kongregate. They have been making a lot of moves in the blockchain space recently, between their extension of The Bitverse into Web3, the announcement of NFT-powered game Blood Vessels, and the announcement of their $40m Web3 developer fund in partnership with Immutable. In this week’s episode, Ethan talks to Kongregate CTO Max Murphy and CBOO Michelle Shaw about their Web3 ambitions, the partners they’re looking for from their $40m fund, and just why Kongregate is so excited about the applications of Web3 in gaming.
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