BITKRAFT VENTURESAn earlier stage of game investment, add new leaders to double investments on Web3.
chiselthat raises the third fund of 2024 and have a $ 1 billion properties, promotions to Permos Pereira and Partner of Perman Pereira and Partner, who is a partner of the Partner of the Poserh’s Partner and Partner In investment in the investment in Gato Market.
In addition, Matt Halstead, former director of the Texas teacher’s retirement system (Texas teacher) investment funds, associated with a venture partner.
Pereira has helped to grow the web3 strategy of the bitkraf, which he has led since 2022. To date, Bitkraft supports interactive entertainment, tech and crypto. This is leading the phases of unobtrusive, dedicated blockchain; Eva Frontier, a new blockchain made a game of epic eve creators online; Karate combat, a rapidly growing MMA league with over 100 million monthly impressions; And, Mira, a 2025 CB Insights Top 100 AI Building Infrastructure company processing three billion tokens a day’s support of 4.5 million users.
It’s a bold bet by Bitkraft – Jens Hilger started in Berlin – in part because the Mark Marke road in non-gaming spaces to become better investments. Some Western players have a Web3 allergic reaction and that exerts efforts to major game companies adopted blockchain solutions. And about the 93% of Web3 Game Startups failed with their tokens to launch.
However, Web3 game companies hit milestones, and many large stakes are started. Web3 Game Investments, accordingly, starting return after hitting a trough (with More investments per quarter) – Maybe because the US Donald Trump president values an unchanged Crypto market.
Why double double?
As the web3 market is mature, the bitkraft doubles its thesis that is blockchin-moved
Rights of rights, property, identity and economics to redemption play, the creator bowl, and
Digital experiences.
I asked Pereira why the bitkraft doubles, given the challenges of sug3 spices. He replied to a message in games, “because we thought there was a edge in the category, not only in games but a waste of time.”
He added, “Our numbers tell a stimulating story: So far we haven’t 5% of our fund category with a token that represents half the total market cap.”
He said that a lot of funds, if anything, a leading indication of compressing returns return as valuable push. To be ashamed from a category because it is contracted or under-funded by an anti-vc spirit.
“The lack of mass market successes should not be a surprise that considered the total time that needs to build investments in VC
He noted there are several emerging examples of apps and a quality bar that is broadly competitive, for example boxed in Bitkraft’s portfolio with almost $ 30 million in arres, Cambria with high monetizing seasons that are deeply engaging to whales, karate combat with over 100 million awareness in Web2, Mythical with its sports properties with high value partners and strong unit economics, and gunzilla with strong daily active user retention.
“Good things to spend time, but the direction of travel is clear,” says Pereira.
Parents of leadership
Huang joined the bitbraft in 2023 and brought a decade of Seb2 and Web3 investments in the sea and temaSek, where Huang runs their Roblox investment series. He placed consumer platforms, mobile studios and creator ecosystems across Asia, with the weight models of the next generation, and developing models of currency investigation.
Huang to Partner’s height helps to strengthen the Asian Bitkraft position and indicates the ongoing bitkraft
Investment in regional potential as a global epicenter for changing the whole web2 and
Web3.
The Halstead brings an extraordinary mix of traditional asset management and web3 experience of Bitkraft. As one of the first institutions invested in Crypto, he led the blockchain investment methods for Texas teachers, an investment institution with a $ 200 billion assets. The company believes that his bitch step is a strong endorsement of legitimate web3 gaming as an investable category of allowators with real value in this space.
Bitklft launches the Web3 Gaming Fund in 2021, which is a major catalyst of the company’s evolution – which develops new asset types and various research solutions full of media industry. Since then, Bitkraft has grown up to $ 1 billion assets under management, a strategic minority investment is welcomed from the blue owl last year in a new Presence in India.
“The Web3 has earned new creation models and developments, players, and communities, and the bitkraft has long been handed over to its potential,” Pereira, in a statement. “As we entered the next round of growth, we have extended expert investors like Matt, and a clear ones on the web, he is a clear investment in space, and I will never make fun of space.”
“Bitkraft built a track record of Web3 successes across the US, Asia, and emerging markets,” said Huang, in a statement. “In adoption of blockchain continuing to scale and new economic models confirming the next generation of Web3 Founders.
“I went with a bitkraft because I believe their views for Web3 is not just thinking – it’s changing,” as the Halstead, in a statement. “Web3 has the power to bridge digital and physical worlds, opening new experiences and economic models that prevented the hands of those who created people and players.”
He added, “Bitkraft not only invest in this future; they helped build it as active participants, and healing technologies to healing a period of digital times.
