Gamefam has created a $5 million fund for user-generated content (UGC) creators working on Roblox, Fortnite and other UGC gaming platforms.
Gamefam calls itself a metaverse media company for GenZ and Gen Alpha. It has more than 30 live-service games across Roblox and Fortnite, with more than 30 billion lifetime visits and 12 million average daily visits, said Joe Ferencz, CEO of Gamefam, in an interview with GamesBeat.
One-quarter of the funds are reserved exclusively for investments in creators from underrepresented backgrounds. The commitment follows Gamefam’s emphasis on supporting all players and developers as they make their mark on the vibrant gaming industry.
The 25% of the fund going to underrepresented creators is “part of our commitment to being a great community member in the creative community and to the values of diversity, which is a strong value at Gamefam,” Ferencz said.
Lil Snack & GamesBeat
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How the fund works
Gamefam has had good results on UGC platforms.
The Gamefam Creator Fund is a pool of capital up to $5 million available to fund the most ambitious game ideas across Roblox, Fortnite and other UGC gaming platforms. Gamefam aims to support and give back to the rapidly-growing creator community in UGC gaming with seed funding, expert advice and proprietary resources for the most innovative creator visions, Ferencz said.
Selected creators will be awarded funding between $10,000 and $100,000. The creators will benefit from game design advice and roadmap planning. Gamefam’s expert team will provide invaluable guidance in game design and roadmap planning, ensuring creator projects reach the …
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Gamefam calls itself a metaverse media company for GenZ and Gen Alpha. It has more than 30 live-service games across Roblox and Fortnite, with more than 30 billion lifetime visits and 12 million average daily visits, said Joe Ferencz, CEO of Gamefam, in an interview with GamesBeat.
One-quarter of the funds are reserved exclusively for investments in creators from underrepresented backgrounds. The commitment follows Gamefam’s emphasis on supporting all players and developers as they make their mark on the vibrant gaming industry.
The 25% of the fund going to underrepresented creators is “part of our commitment to being a great community member in the creative community and to the values of diversity, which is a strong value at Gamefam,” Ferencz said.
Lil Snack & GamesBeat
GamesBeat is excited to partner with Lil Snack to have customized games just for our audience! We know as gamers ourselves, this is an exciting way to engage through play with the GamesBeat content you have already come to love. Start playing games now!
How the fund works
Gamefam has had good results on UGC platforms.
The Gamefam Creator Fund is a pool of capital up to $5 million available to fund the most ambitious game ideas across Roblox, Fortnite and other UGC gaming platforms. Gamefam aims to support and give back to the rapidly-growing creator community in UGC gaming with seed funding, expert advice and proprietary resources for the most innovative creator visions, Ferencz said.
Selected creators will be awarded funding between $10,000 and $100,000. The creators will benefit from game design advice and roadmap planning. Gamefam’s expert team will provide invaluable guidance in game design and roadmap planning, ensuring creator projects reach the …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]