In Japan, the gaming firm Akatsuki ( no not the naruto villains) reported that they have raised $20 million in funding to be focused on investing in projects that are meant for web3.
The fund has been dubbed Emoote and has the goal of backing startups working in the GameFi sphere. The fund will help will building NFT projects and metaverse opportunities. The name of the project comes from the belief that NFT projects and consumption are all emotionally based and have emotional values.
The website is up and ready for you to peruse
Currently, the project has an investment focus that is 50% in Asia and 40% in the United States with the other 10% still being undecided. There will be bonus options for those companies that agree to cooperate with Japanese companies
The team is very prolific and well-versed in gaming and web3
Akatsuki has gained worldwide recognition for its development of Dragonball Z: Dokkan Battle with Bandai Games, which has already garnered more than 350 million downloads worldwide to this day.
Dokkan Battle for Mobile users
The game plays on the success of the popular anime and has players match bubbles for the chance to attack the enemies. Mobile users love the way the game is presented as well as being able to play as their favorite characters. The team at Emoote is looking into projects and companies that want to continue this same type of success in web3.
**Disclaimer Solanews/MetaFi does not claim ownership of any of the images above. All images are controlled and held by the copyright of the respective photographers, companies, and websites. Dragonball is an official Akira Toriyama production and Bandai Namco holds all exclusive rights to the properties of Dragonball Z: Dokkai Battle**