Saakuru Labs And MemeCore Launch $10 Million Web3 Gaming Incubation Fund

According to Odaily, Singapore-based Web3 game development company and Layer 2 protocol developer Saakuru Labs has announced a collaboration with MemeCore, a Meme coin community platform, to launch a $10 million incubation fund. The fund aims to foster the growth of the Web3 gaming industry by investing in and acquiring communities and games, integrating them into the Saakuru and MemeCore ecosystems. Earlier this year, in April, Saakuru Labs secured $2.4 million in private investment, led by Based VC and ARC Community. Following this, the company also entered into a strategic partnership with Animoca Brands.