The proceeds of this initiative will be allocated to blockchain-based games and tech. The first studio to benefit from it is Faraway, a new web-player (in which is a reference to the decentralized internet, powered by the secure and transparent digital ledger of blockchain) gaming studio that raised an additional 21 million dollars on Thursday. Faraway is planning on making its first game, Mini Royale: Nations, the first live multiplayer on the Solana blockchain. Anatoly Yakovenko, CEO of Solana Labs, said in a statement that in the past few months, talented game developers quit their job at Riot, EA, Scopely and other established gaming firms to build Web 3-games on Solana. We’re excited to collaborate with Lightspeed and FTX, together to get through this new wave of builders. Amy Wu, a partner at Lightspeed Venture Partners, said that gaming will probably bring the next wave of users to Web 3: High-performance blockchains like Solana will deliver the kind of web 2 experiences gamers expect while offering the advantages of decentralized Web 3 systems. We want to partner with FTX and Solana Ventures to help you grow this ecosystem. Game companies can accelerate their transactions and use less energy to utilize blockchain technology to leverage platforms like Ethereum.