Moonbeam Network Invests $13 Million in Gaming, Real World Assets, and Other Areas

According to Foresight News, the Moonbeam Network has announced an investment of $13 million to support the development of gaming, real-world assets, the Moonriver canary network, and other areas. The team explained that this funding includes a new $10 million innovation fund, a $1.5 million Moonbeam ecosystem grant, and a $1.5 million Moonriver grant. The first investment from the innovation fund is in N3MUS, which will establish a gaming ecosystem around Moonbeam. Recipients of the innovation fund will also be introduced to Moonbeam's venture capital network, including Arrington Capital and Scytale Digital.