Buterin's Mother-Led USD 100M Genesi DAC Picks Crypto Gaming Platform as Its First Investment
Genesi DAC, a group of venture capital investors led by Vitalik Buterin’s mother Natalia Ameline, picked the crypto gaming platform Tristan Metaverse asits first investment, with more projects expected to be announced soon.
The investment, which was for an undisclosed amount, will go towards development of blockchain-based games on Tristan Metaverse’s platform, with the first game set to launch “towards the end of this month,” according to Natalia Ameline.
“We are very dedicated to growing the community,” she told Cryptonews.com.
Genesi, which controls a USD 100m fund and is organized as a DAO-like decentralized autonomous company (DAC), is “just starting out,” Ameline said, adding that “it’s not all going to be invested and deployed right away.” For the right projects, however, “money is not an issue,” the Genesi DAC manager said.
According to her, the significance of Tristan as a gaming platform is that it also offers a way for people who are not necessarily crypto users and don’t have a crypto wallet, to join in on games.
“You will just need a dapp [decentralized application] link that can be shared in a Telegram channel or a Discord community channel, and you can just click the link and join in to play the game,” Ameline said, with the announcement further adding that it expects this will “pave the way for massive Web 3 adoption.”
Asked about future projects for her new investor consortium, Ameline said the DAC has an investment committee responsible to selecting investments, and that there are “quite a few” projects in the pipeline. The ones that pass a vote by the committee will then be passed along to the general members of the DAC, who on an individual basis can consider making an investment.
Among the members of the
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