$86,999.00
-0.76%$2,030.62
-1.63%$2.42
-0.85%$625.79
-1.31%$141.50
-2.59%$0.999874
0.00%$0.198657
5.64%$0.750391
-0.70%$0.228537
0.20%$2,027.57
-1.92%$86,803.00
-0.66%$15.58
1.40%$22.30
-0.70%$9.81
0.20%$0.289896
-1.00%$3.56
-2.38%$0.00001497
10.85%$2,446.37
-0.95%$0.999938
-0.01%$0.195882
-1.70%$2.60
7.31%$94.21
0.56%$4.67
-0.36%$332.26
0.48%$6.53
-3.45%$5.02
1.29%$2,031.64
-1.52%$0.999151
-0.02%$0.786916
-11.96%$0.998662
-0.24%$14.06
-15.31%$2,159.40
-1.48%$29.08
-1.06%$6.91
-1.16%$224.50
0.83%$0.00000878
10.45%$3.02
0.49%$5.88
-1.12%$1.044
-0.18%$1.16
-0.18%$50.09
-0.07%$6.20
1.63%$0.928314
-0.25%$23.78
-0.60%$35.83
2.67%$0.104115
2.61%$0.842289
0.21%$184.45
-1.67%$87,005.00
-0.69%$18.28
-0.28%$0.999985
0.20%$11.64
0.89%$0.02673046
0.97%$268.37
-0.82%$0.427861
-0.86%$4.93
1.61%$4.00
-1.39%$3.56
-2.24%$0.234237
4.65%$3.12
0.07%$0.07714
-0.41%$1.00
0.00%$0.606963
-0.83%$86,943.00
-0.64%$0.388006
-0.12%$0.209709
0.90%$4.00
-0.65%$0.998583
-0.31%$6.12
-0.82%$0.55813
-2.70%$0.899051
0.41%$0.558661
0.00%$11.30
-0.40%$86,891.00
-0.58%$0.517285
14.87%$2,032.28
-1.62%$2,112.00
-1.68%$0.658936
3.24%$1.16
1.89%$0.073281
-1.06%$1,342.42
6.30%$0.943107
2.32%$0.00001462
3.66%$147.80
-2.44%$77.28
-1.97%$0.715821
3.32%$10.79
2.10%$0.212724
2.55%$0.995557
-0.54%$0.105807
1.43%$1.002
3.45%$2,299.19
-1.48%$17.41
0.23%$0.997672
0.00%$1.044
-1.35%$0.014881
0.84%$0.57756
0.89%$7.78
-4.19%$86,210.00
-2.56%$0.998806
-0.14%$0.01855711
1.16%$2,158.80
-1.51%$1.001
0.08%$625.61
-1.23%$0.309717
2.16%$0.730561
1.34%$2.45
3.90%$0.998195
-0.19%$3,032.23
-0.09%$0.202032
5.72%$0.54689
8.10%$0.00000072
2.59%$0.00007365
10.65%$86,772.00
-0.83%$34.79
0.09%$180.66
-2.57%$2.32
-10.00%$0.429196
0.81%$3,024.55
-0.54%$0.11133
2.78%$0.01296783
3.02%$1.001
-0.02%$2,113.51
-1.57%$0.171097
-1.01%$38.17
3.10%$3.37
-0.90%$0.642646
3.16%$0.00099803
-15.09%$155.20
-2.35%$2.03
3.45%$17.87
0.37%$0.583536
5.21%$0.00636717
-1.49%$0.742222
1.79%$3.50
0.12%$0.999481
-0.05%$0.554912
3.11%$7.85
-3.05%$7.76
-2.23%$19.20
-1.84%$0.283499
1.30%$0.999549
0.02%$0.476035
-0.78%$0.074152
-0.78%$0.198477
5.56%$0.782211
-3.69%$85,596.00
0.15%$0.00943173
4.25%$0.99992
-0.02%$0.792622
-0.89%$0.177711
0.89%$2,156.96
-1.36%$7.33
-3.81%$0.09386
1.42%$2,030.85
-1.59%$0.99882
-0.11%$2.86
-1.77%$0.04835769
0.21%$0.00002277
1.10%$0.559386
-0.13%$1.27
1.80%$0.00706259
0.52%$87,233.00
-0.51%$0.446655
-1.05%$0.00787814
8.68%$2,033.68
-1.48%$86,900.00
-0.07%$0.00000043
-0.65%$0.532556
1.53%$1.53
3.70%$25.61
-1.98%$2,030.63
-1.80%$0.235022
4.89%$110.45
0.01%$0.434509
4.68%$1.081
0.24%$0.99761
-0.16%$45.09
1.65%$0.04038411
9.16%$0.00000192
-9.86%$2,116.92
-1.82%$1.092
-0.39%$86,687.00
-0.91%$0.91299
0.31%$0.185101
-6.06%$0.00006739
3.33%$2,028.88
-1.56%$0.01109025
-2.63%$2,060.26
-2.83%$0.00423284
0.30%$86,479.00
-0.65%$0.999099
0.01%$1.45
1.65%$0.280302
-0.27%$132.23
0.55%$1.37
-4.21%$0.998001
-0.31%$0.287078
-0.48%$2.95
5.83%$0.997703
-0.28%$2,013.60
-1.73%$1.006
0.17%$4.10
-1.39%$1.32
-0.58%$0.921884
2.28%$2,033.25
-1.32%$0.03080056
0.19%$0.697292
10.23%$0.216201
0.19%$0.102257
2.49%$18.19
0.10%$24.20
1.15%$0.079639
-0.70%$1.39
-0.63%$1.18
2.96%$2,223.07
-1.44%$0.28812
0.40%$2,143.41
-1.72%$86,746.00
-0.53%$2.97
-2.30%$0.280315
0.07%$87,048.00
-0.63%$0.00376085
4.44%$0.04030389
0.41%$0.03500017
-0.87%$0.00266555
1.95%$0.600026
10.78%$0.11862
1.03%$2,203.84
-1.75%$0.47726
6.44%$0.129264
8.29%$1.00
-0.03%$0.519998
-2.05%$0.261572
-5.60%$0.00562913
3.67%$0.03401541
-0.47%$2,030.29
-1.63%$0.01310036
0.38%$0.00286383
-2.78%$0.00286052
21.22%$3,019.67
-0.32%$0.741963
1.73%$0.632494
0.62%$1,749.22
-0.61%$0.249185
-0.05%$0.28127
-0.81%$0.324953
8.06%$0.00000011
-24.02%Reading
Framework Ventures co-founder Michael Anderson told Decrypt's Dan Roberts and Jason Nelson in our Decrypting Mainnet booth at Messari Mainnet 2022 why Framework is so bullish on blockchain gaming, NFTs in games, and how that's positioned to be the category that brings crypto to mainstream consumers.
The crypto market may be in its tenth month of the downtrend, but for Michael Anderson, the co-founder of Framework Ventures, this time represents possibly the best opportunity to invest in new startups and projects.
Framework Ventures entered the scene in 2019 amid the previous bear market, and such conditions, according to Anderson, “is the best time to be building.”
“The best entrepreneurs in the space are coming right now,” Anderson told Decrypt at last week’s Mainnet conference. “We were lucky to have launched our last fund, we are investing very actively right now, and we are very excited about everything we see.”
In April, Framework Ventures secured $400 million for its third fund, FVIII, with half of that amount earmarked to investments in blockchain-based gaming, which, as the firm said at the time, will be “one of the largest forms of employment in the world.”
Framework Ventures has secured $400 million for a third fund, with half of that dedicated to investments in blockchain gaming. The fund, FVIII, is earmarking up to $200 million for blockchain gaming, which, the firm said today in a statement, will be “one of the largest forms of employment in the world.” San Francisco-based two-man band Framework now manages around $1.4 billion in assets. Led by Michael Anderson and Vance Spencer, the venture capital firm is heavily focused on DeFi—and strongly...
Six months later, Anderson still believes this is the case.
“Gaming, in our minds, is the category that is going to bring a hundred million people into Web3. They are going to have wallets, they are going to have Web3 addresses, and that’s the consumer adoption that we have been waiting for,” he said.
Speaking about what role non-fungible tokens (NFTs) may play in the future of blockchain gaming, Anderson said there are two aspects that have to be taken into account.
The first is that NFTs have been largely built on Ethereum’s Proof-of-Work (PoW) chain, and the situation has changed after the network’s transition to Proof-of-Stake (PoS).
Point number two, per Anderson, is that the business model of gaming has been largely trending towards a defund state, specifically when it comes to advertising. Game developers are now looking at blockchain and the monetization opportunities the new technology brings.
“They are saying that this is a new interesting platform to build on–potentially even the only platform to build on,” said Anderson.
Immunefi, a popular bug bounty system for smart contracts and decentralized finance (DeFi) projects, announced it has raised a $24 million Series A funding round led by Framework Ventures. Other participants in the round include Electric Capital, Polygon Ventures, Samsung Next, P2P Capital, North Island Ventures, Third Prime Ventures, Lattice Capital, and Stratos DeFi, Immuefi said in a press release shared with Decrypt. Immunefi is a platform offering bounty programs for ethical hackers—also kn...
Last week, Framework Ventures also led a $24 million Series A funding round for Immunefi, a bug bounty system for smart contracts and decentralized finance (DeFi) projects.
According to Anderson, Immunefi boasts a team of “world-class security specialists,” and security is one of the most important components of Web3.
“I think we can look at Immunefi in five or seven-year and think of it as one of the largest security providers in Web3,” he said.
Cboe has submitted a filing to the U.S. Securities and Exchange Commission that would allow the exchange to list shares of a Fidelity exchange-traded fund tracking the price of Solana. The19b-4 form, filed Tuesday, is a major step in the SEC’s approval process, although Fidelity must still file an S-1 registration statement describing the product. The filing comes just days after Fidelity registered a Delaware Trust entity for its Solana fund, which would be based on the performance of the six...
Napster, the brand that once sent the music industry into panic mode but then faded, was just acquired for $207 million. Infinite Reality is buying the streaming service to transform it into a platform where fans can hang out in virtual spaces, attend concerts, and buy merch directly from artists, the virtual reality startup announced. The deal is also the highest price tag yet for Napster, which has circulatedamong half a dozen companies, including Rovio to Algorand, since its controversial fil...
GameStop may be credited as the first meme stock, but the video game retailer's CEO seems to be hinting that the company could soon embrace Bitcoin. The company is set to report Q4 earnings when the market closes at 4 p.m. Eastern Time on Tuesday. Analysts expect the Texas-based firm to disclose an earnings per share mark of $0.08, based on two analyst ratings compiled by FactSet. Last month, GameStop received a proposal from Strive Asset Management recommending the video game retailer become a...
