Adam Draper’s adventurous Boost VC invested in TeleporterVR, which aspires to be “the biggest social platform for gamers.” And now blockchain-based gaming platforms are also beginning to attract VC interest. DMarket, a platform where gamers can trade in-game assets, just raised $6.5 million in a funding round led by Almaz Capital. It marked the venture firm’s first foray into the in-game trading model.
The platform uses blockchain technology to create a virtual economy of gaming assets like skins and weapons. The business model behind the platform, helping to fund free-to-play video games through the buying and selling of game assets, appears an obvious use case for blockchain technology.