FunFair Technologies Launches Blockchain Venture Capital Business
FunFair Technologies was founded in 2017 with a mission to develop decentralised applications for igaming, and they have been at the bleeding edge of blockchain development since through their R&D project FunFair Labs. In early 2021 they launched FunFair Games, a multiplayer game studio bringing a new genre of multiplayer games to a new generation of gamblers with growing distribution into regulated gambling markets.
In this latest project, FunFair Ventures, the company aims to plug a gap in the funding process for early-stage projects across all blockchain verticals, including igaming. Having developed, launched, operated and marketed successful decentralised applications and a top 100 ERC20 token, the company plan to work with partners who require more than just funding. With the recent focus on R&D in blockchain scaling tech, FunFair has built projects on various platforms, including Polygon, Solana, Optimism, xDAI and dfinity. Alongside this technical expertise and experience, FunFair Ventures will also offer commercial, marketing and corporate support to all their partners.
FunFair Technologies embarked on their first investment in 2021, the successful NFT marketing platform AwardPool, and they aim to add many more to their portfolio in 2022.
Lloyd Purser, COO of FunFair Ventures, commented: “We’ve been looking to formalise our venture capital offering for a while and have seen that we can plug a gap to help early-stage startups to drive significant growth and value. Blockchain is a really exciting place to be right now, and there’s more and more capital coming into the market, and we look forward to being part of its growth.”