Beam Foundation has announced plans to launch Beam Ventures, a new $150 million blockchain gaming fund, in Abu Dhabi in 2025. The fund will focus on supporting blockchain gaming startups, along with projects in artificial intelligence, augmented reality, and user-generated content.
The fund, backed by local investors, aims to accelerate innovation in blockchain-based games and gaming infrastructure. In addition to providing funding, Beam Ventures will offer an accelerator program to assist startups with brand development, go-to-market strategies, and business growth.
Beam’s Chief Strategy Officer, Mark Borsten, shared that the project is currently awaiting regulatory approval in Abu Dhabi. He emphasized the strong partnerships formed during initial exploration trips and the fund’s imminent operational launch. Beam’s platform already hosts 20 blockchain-based games, enabling developers to create games with asset ownership for players.
As the blockchain gaming sector recovers from the crypto winter, with blockchain games gaining significant market share, Beam Ventures is poised to play a major role in shaping the region’s gaming ecosystem.
