Bandai Namco Entertainment Inc. (Headquarters: Minato-ku, Tokyo, President & CEO: Yasuo Miyakawa) announced that their “Bandai Namco Entertainment 021 Fund,” a fund to invest in start-ups to create new entertainment and build its “IP Metaverse,” has decided to invest in Gangbusters Ltd. who develops and operates blockchain social games, in order to “Connect with Fans” utilising blockchain technology.
Under Bandai Namco Group’s purpose "Fun for All into the Future," and the Mid-Term Vision “Connect with Fans,” centered on IP, Bandai Namco Entertainment constantly faces worldwide IP fans, all partners, Group employees, and the society, and are aiming to connect with them more deeply, widely and complex, as well as establishing a new system to “Connect with Fans.”
Gangbusters Ltd. develops and operates the blockchain social game "BattleTabs" and manages the title's community. They have knowledge in community management including keeping community’s enthusiasm high and expertise to expand the community through fan-made content. The company also aims to accelerate its fan-made initiatives, expand its community with fans, and connect deeply with fans by combining its existing community management know-how with blockchain technology, and this goal is in line with Bandai Namco Entertainment’s Mid-Term Vision.
Through this investment, we intend to incorporate the company's knowledge and experience into our gaming business, as well as to realise a connection with our fans through blockchain technology.
Overview of Gangbusters Ltd.
Main Business: Development and operation of social games utilizing blockchain technology
Head Office: 7 Bell Yard, London, England, WC2A 2JR
Representative: Co-Founder Brandon Wu
Company URL: https://www.gangbusters.io/
Overview of Bandai Namco Entertainment 021 Fund
Main investment targets:
- Blockchain, VR/AR/xR, AI in Japan and overseas
- Entertainment utilising technologies such as products and services related to, and in addition to, Metaverse, start-up companies engaged in Web 3.0-related businesses, etc.
Target stage: Companies in a wide range of growth stages from pre-seed to later stage
Scale of investment: Approximately 1 billion yen per year (3 billion yen over 3 years)
Ticket size: 10million to 500 million yen
Official website : https://021fund.bn-ent. net/ (Japanese)