Reddit co-founder sets up $100m investment initiative with Solana

Social Media

Reddit co-founder Alexis Ohanian’s venture firm has teamed up with the Solana blockchain’s venture arm for a $100 million (£74m) investment initiative into decentralised social projects.

Seven Seven Six, Ohanian’s firm, will pay for half of the initiative with Solana coughing up the remaining $50 million.

Ohanian gave his thoughts on Solana at a conference in Lisbon on November 9: "With a high-performance blockchain like Solana, there is an unprecedented...

Epic Games is “open” to blockchain games according to CEO

Epic Games' Fortnite

Video game publisher Epic Games has said it is “open” to games that feature blockchain technology or support cryptocurrency payments.

The company’s position follows Steam, its main competitor, announcing it would not be allowing games that use cryptocurrency or NFTs on its platform.

Whilst Epic’s CEO Tim Sweeney has said the company will not be supporting or publishing NFT-based games, it has differentiated itself from Steam in showing support for...

The Sims creator’s new game to harness blockchain and NFTs

Video Gaming

Video game designer Will Wright, creator of The Sims and Spore, is working on a new game that will incorporate AI, blockchain, and non-fungible tokens (NFTs).

The new game, Proxi, is aimed at self-discovery. It will allow users to create and visualise memories within snow globes which collectively form a conceptual map of the player’s mind.

Wright said he believes that people are their memories and that tackling that in a game is a somewhat frightening...