Immutable-backed Inevitable Games Fund grows 180% in 9 months

Immutable, in collaboration with King River Capital and Polygon Labs, today announced the inaugural returns on liquid investments of the Inevitable Games Fund (IGF). The fund recorded a 2.8 multiple on invested capital (MOIC) for investments that have launched token generation events (TGEs), outpacing the 1.36 multiple seen from Bitcoin during the same time period. Anchored by Alpha Wave Ventures, backed by Alpha Wave Global and the Abu Dhabi Royal Group’s Chimera Capital, IGF has made investments in 16 gaming projects over the last nine months. “The success of the performance of the Inevitable Games Fund to date underscores the strength and resilience of the Web3 gaming sector,” said Robbie Ferguson, president of Immutable, in a statement. “Web3 gaming is driving a revolution in technology and content development, redefining how players are rewarded for their time and empowering them to invest in and shape their gaming communities for the long term. This is a groundbreaking categor ... Read full article.