New $20M fund eyes blockchain gaming and NFTs By Cointelegraph

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A group of cryptocurrency venture investors has established a $20 million fund to invest in undervalued Web3 projects and companies focused on blockchain gaming and digital collectibles.

Alpha Protocol Ventures (APV) will look to invest in a variety of projects across the Web3 ecosystem, its CEO and founder Vagelis Diamantis told Cointelegraph in an email interview. He said that gaming and collectibles will be a priority focus, while decentralized finance, layer-1 and layer-2 protocols will also fall within the scope of the fund’s capital allocation.