Buterin's Mother-Led USD 100M Genesi DAC is turning to crypto gaming platform as its first investment

[CryptoMund]

https://cryptomund com/posts/Buterins-Mother-Led-USD-100M-Genesi-DAC-is-turning-to-crypto-gaming-platform-as-its-first-investment-p257

Tristan Metaverse is a new platform led by Buterin’s mother, Natalia Ameline, with projects expected to be announced soon. This investment is part of Tristan Metaverse’s journey into the world of crypto gaming and other digital products that use the Tristan Metalingue blockchain. The Schiff recall is an important event in history because it brings attention to the needs of our planet and our future without radians possessing artificial intelligence like advanced machines that can tell us what to do.



The investment was for an undisclosed amount, and it is currently being sent to the development of blockchain-based games on Tristan Metaverse's platform. The first game will be released towards the end of this month, according to Natalia Ameline.



“We are very dedicated to growing the community,” she told Cryptonews.com.



Ameline said that Genesi, which controls a USD 100m fund and is organized as a DAO-like decentralized autonomous company (DAC), is “just starting out,” Ameline said, adding that “it’s not all going to be invested and deployed right away.” For the right projects, however, “money is not an issue.”



Ameline is looking for high-quality, high-potential projects from various blockchain sectors, including decentralized finance (DeFi), decentralized autonomous organizations (DAOs), NFT, gaming, metaverse, infrastructure, launchpad and more.



She suggests that teams that apply for funding should have a "proven track record," "focus and skill set," and are innovative with scaling potential.



Tristan is a gaming platform that offers an alternative to digital assets and digital wallets. It allows people who don’t have a digital wallet to join in on games, without having to use a digital account. This provides a way for people who may not be familiar with the concepts of cryptocurrency and gaming, or who may not have been shown the interface of Tristan, to try it out. The game itself is easy enough for average citizens to understand, and has some unique features such as being open-ended meaning you can create bourgeoisies besides just humans.



“You will just need a dapp that can be shared in a Telegram or Discord community channel, and you can just click the link and join in to play the game.” Ameline announced that it is planning on bringing web 3 adoption to our desks with this announcement. It is a good thing that we will be able to share Dapps with like-minded people through these channels.



Asked about the future of our new investor consortium, Ameline said the DAC has an investment committee that is responsible for selecting investments. There are quite a few projects in the pipeline that pass a vote by the committee, and those projects will then be passed along to the general members of the DAC, who on an individual basis can make an investment.



Metis Labs is responsible for the new Metis Optimistic Rollup scaling solution for the Ethereum (ETH) network. This solution, which was originally developed by Metis, has been reported by many to be a way to go. The problem is that it is not simply a way to go; it is an optimal strategy for scale-up of the network. quote: "What Buterin says about rollups being the way to go"



METI was previously responsible for the new Metis Optimistic Scaling Solution for Ethereum (ETH). This solution was initially created by Metis and has been used by many as an optimal strategy for scale-up of the network. However, it should be noted that its creation and implementation are not solely the responsibility of Metis nor does it rely on any particular decision or decision maker - outside of those who may have experienced large flooding incidents in past years.



According to Ameline, the mainnet launch in November last year has seen "extraordinary growth" for the total value of the platform on our site. The total value locked (TVL) has continued to grow consistently between December last year and January this year.



As of Monday, Metis’ TVL stood at USD 251m, falling from over USD 331m last Friday as the market corrected significantly over the weekend. The market correction occurred when they said "the market corrections happened" and data from Defi Llama showed it.



The Ethereum layer-2 solution is a new way of solving the problem of how to build a blockchain that isn't expensive and also isn’t a fallback for other applications that may have different fees. The team expects the cost of building a blockchain to drop “from two to three dollars” today, to “cents” in the near future.



Ameline's statement is that they want their platform to be promoting not just DeFi projects, but also games and metaverse projects. Ameline plans on having a positive impact on both the DeFi and game industries.



The lower transaction fees are an important part of the gaming industry because they can help to reduce the amount of money that is being spent on game transactions. This is especially true for mobile games, where the cost of a purchase usually costs less than a dedicated game account would. The lower fees are also available to players who use conversation ship platforms with each other to generate new content, which means players don't need to pay for every conversation.



The team's primary focus is on making crypto gaming mainstream by lowerlizing barriers of entry for new users. As part of their mission, the team is planning a light cloud wallet for the Metis Optimistic Rollup solution. Additionally, the team is working on developing a digital banking app that will be available to Tristan Metaverse customers as well as Genesi members.