Saakuru Labs and Memecore established a $10 million fund aimed at investing in and acquiring meme coin communities and games

Saakuru Labs and Memecore announced the establishment of a joint foundation with an initial fund of $10 million, aimed at investing in and acquiring meme coin communities and games within the Saakuru and MemeCore ecosystems.

This strategic collaboration will enhance the decentralized application (dApp) ecosystem on the Saakuru Layer 2 protocol while increasing activity on the Memecore Layer 1 protocol. With this funding, both companies will leverage their expertise in blockchain gaming to expand the gaming sector and nurture the next generation of Web3 gaming projects.