Bing Ventures, a venture capital firm that backs Web3 and blockchain entrepreneurs and early-stage startups, has announced a strategic investment in an Arbitrum-based multiplayer sailing game MetaLine. Both parties are excited to engage in comprehensive collaboration in the future.
The strategic partnership between Bing Ventures and MetaLine will fuel the development and expansion of MetaLine’s blockchain gaming ecosystem, solidifying its position as a pioneer in the Web3 gaming domain. Both entities share a mutual commitment to fostering innovation and disrupting traditional gaming paradigms, which makes this partnership a significant step in revolutionizing the Web3 gaming landscape.
Bing Ventures, founded by a team of seasoned financial professionals, researchers, and technologists, has a proven track record of identifying and supporting groundbreaking projects at the forefront of the rapidly evolving Web3 ecosystem. With this strategic investment in MetaLine, Bing Ventures aims to further bolster the growth and expansion of the Web3 gaming sector.
MetaLine’s vision is to create an all-encompassing gaming world that transcends geographical and time constraints, providing players with an immersive experience and rewarding them with substantial token incentives.
MetaLine joins projects like Anichess and HypeSaints as the most recent GameFi investments of Bing Ventures, which actively invests in seed and pre-seed stage startups. With a sector-agnostic, value-investing approach, Bing Ventures boasts a portfolio spanning DeFi, NFT, GameFi, DAOs, infrastructure, Web3, and more.
About Bing Ventures
Bing Ventures is a pioneering venture capital firm that backs startups and entrepreneurs driving the next wave of Web3 and blockchain innovations. Its team of crypto veterans and natives collectively brings decades of experience in investing in, incubating, developing, and marketing Web 3.0 projects. With a sector-agnostic, value-investing approach, it now has a portfolio spanning DeFi, NFT, GameFi, DAOs, infrastructure, Web3, and more. Bing Ventures is headquartered in Singapore and has team members decentralized across Asia, the UK, and the US.
MetaLine is a Powered Metaverse SLG SIM Strategy Sailing game connecting web2 and web3 users. The platform’s vision is to build an immersive gaming world that transcends geographical and time constraints, empowering players to enjoy the thrill of gaming while reaping generous token rewards. Through diverse gameplay options and the ownership of unique in-game assets, players can experience friendly competition, collaboration, and substantial economic gains.