Saakuru Labs and Memecore Collaborate to Boost Blockchain Gaming Ecosystem
Saakuru Labs and Memecore have joined forces with an initial funding of $10 million to establish a joint foundation aimed at investing in and acquiring meme coin communities and games that will be integrated into the Saakuru and MemeCore ecosystems.
This strategic partnership is set to enhance activity on the Memecore Layer 1 protocol and enhance the decentralized application (dApp) ecosystem on the Saakuru Layer 2 Protocol. Through the infusion of capital, these two companies will leverage their blockchain gaming expertise to expand the gaming market and support upcoming Web3 gaming initiatives, aligning with Memecore’s commitment to fostering blockchain innovation.
Key Highlights of the Partnership:
– $10M Fund for Gaming Initiatives: Saakuru Labs and Memecore will be providing $10 million towards game development initiatives, offering not only financial support but also strategic and technical guidance.
– Emphasis on Gaming Ecosystem Growth: By fostering innovation in game development, the partnership aims to increase total value locked (TVL) within the Saakuru and Memecore ecosystems.
– Publishing and Incubation: Game studios will benefit from comprehensive support from Saakuru Labs, including publishing opportunities, development resources, and incubation.
– Access to Early-Stage Investments: Both companies will leverage their networks to identify early funding opportunities, aiding aspiring gaming studios in progressing from concept to launch.
Jack Vinijtrongjit, Co-Founder & CEO of Saakuru Labs, expressed his enthusiasm about the partnership, stating, “We have established a strong presence in the blockchain gaming industry, and this collaboration with Memecore enables us to expedite the development of new gaming projects. With this partnership, we can provide additional resources to top-tier game developers and further fortify both ecosystems.”
Finn, Co-Founder of Memecore, also shared his thoughts on the collaboration, saying, “This partnership with Saakuru Labs marks a significant milestone for Memecore. Together, we are laying the groundwork for the future of blockchain gaming, ushering in a new era of exciting projects in the Web3 space.”
With this collaboration between Saakuru Labs and Memecore, the blockchain gaming ecosystem is poised to experience a significant boost, paving the way for innovative projects and advancements in the Web3 gaming landscape. Stay tuned for more updates on this exciting partnership.