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Funtico Launches $10M TICO Initiative to Boost Gaming Ecosystem

Coin WorldMonday, Jan 27, 2025 10:22 am ET

1min read

Funtico, a leading blockchain gaming platform, has launched TICO, a new initiative aimed at bolstering the gaming ecosystem. The move comes as the company seeks to expand its reach and foster innovation within the rapidly growing gaming industry.

TICO, short for "Tokenized Incentive for Creators and Operators," is a comprehensive program designed to support and incentivize game developers, content creators, and platform operators. The initiative will provide financial and strategic support to promising projects that align with Funtico's vision of a decentralized, transparent, and efficient gaming ecosystem.

Funtico has allocated an initial funding pool of $10 million for TICO, with plans to invest in projects that enhance decentralized gaming solutions, improve accessibility and inclusivity, leverage Funtico's blockchain infrastructure, and drive broader adoption of Web3 technologies in the gaming industry.

Speaking about the launch of TICO, a spokesperson for Funtico said, "We believe the future of gaming lies in decentralized, transparent, and efficient blockchain solutions. Through TICO, we are providing the necessary capital and strategic support to help innovators build real-world solutions that leverage the power of Funtico."

TICO will prioritize investments in projects that:

Enhance decentralized gaming and content creation platforms
Improve financial accessibility and inclusivity for gamers and content creators
Leverage Funtico's blockchain infrastructure for real-world gaming applications
Drive broader adoption of Web3 technologies in the gaming industry

Applications for TICO will officially open on Monday, January 27, 2025. Interested startups and businesses can submit their applications through the Funtico website.

Funtico is a Layer 1 blockchain designed to empower builders to develop useful applications that bridge digital assets with real-world infrastructure and services, such as gaming platforms and content creation tools. Through its Universal Smart Contract technology, the network enables protocols to interact with data and assets across multiple chains without bridges, making it the ideal infrastructure for complex multi-chain gaming applications. Additionally, Funtico's gaming-focused foundations allow protocols and users to build verifiable on-chain gaming histories, further bridging traditional gaming with decentralized systems.

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