Web3 Gaming DAO ‘Game7’ Launches $100M Grant Program

Web3 Gaming DAO ‘Game7’ Launches $100M Grant Program

The DAO considers its milestone-based funding an essential financing mechanism.
$100 million will be dispersed at a pace of $20 million per year over the next five years.
Game7, a Web3 gaming DAO, launched a grant programme with a $100 million allocation. Funding such as this is intended to encourage developers to improve and expand the infrastructure necessary for Web3 gaming.
According to a recent tweet from crypto and blockchain analyst WuBlockchain. The DAO plans to enhance smart contract standards, tools, interoperable wallets, and scaling solutions. To promote the widespread use of Web3 games throughout the world.
Essential Financing Mechanism
Game7 is a San Francisco-based DAO backed by the BitDAO and Forte communities. Due to the bearish market, and economic depression, the blockchain gaming businesses really need this in the current conditions.
The Game7 has allocated the whole $100 million to be dispersed at a pace of $20 million per year over the next five years to fund init

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