Immortal Game, known for its blockchain chess platform, has shifted its focus to an ambitious new project: Coliseum, an eSports tournament platform that integrates blockchain elements. To fuel the growth of this platform, the company has announced a $2 million investment fund designed to support promising gaming projects.
The newly launched fund will offer up to $250,000 in investments to projects that span a range of areas, from games to guilds. The goal is to attract the most innovative projects and integrate them into the Coliseum ecosystem. Thomas Zaepffel, CEO and Co-Founder of Coliseum, emphasized the significance of the initiative: “Our $2 million fund is more than just capital—it’s a gateway to growth. By combining financial support with access to our community and expertise, we’re empowering the next generation of Web3 gaming leaders to build, scale, and succeed.”
In 2022, Immortal Game raised around $16 million to develop its blockchain-based chess platform. However, by the end of 2023, the company decided to pivot away from blockchain technology in favor of a broader eSports strategy. Leveraging its existing technology, the company has now created Coliseum, which supports popular games such as Valorant, Counter-Strike, League of Legends, and even Immortal Games.