Solana Labs CEO Anatoly Yakovenko said in an interview at Breakpoint 2022 in Lisbon that Solana Labs' $250 million crypto social and gaming fund has only been partially deployed over the past year, focusing on small seed rounds, with the social media fund The social media fund has deployed "far less than half" of that amount to date. Current social media products include Dispatch, Squads, Dialect and Wordcell, and 37 games are either live or ready to go live. Solana Labs previously announced two flagship funds at Breakpoint 2021: a $100 million fund focused on decentralized social media, and a $150 million fund to encourage blockchain gaming.
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