Singaporean Web3 game development company and L2 protocol Saakuru developer Saakuru Labs announced a joint launch of a $10 million incubation fund with the MemeCoin community platform MemeCore, aimed at promoting the development of the Web3 game industry. The fund plans to invest in and acquire communities and games and incorporate projects into the Saakuru and MemeCore ecosystems. Saakuru Labs previously received $2.4 million in private equity investment and has formed a strategic partnership with Animoca Brands.
