Web3 game publisher MON Protocol has announced the launch of its first Web3-focused investment fund, MON Ventures, led by 500 Global. The fund, led by former executive teams from Ubisoft, Sony, Activision, Warner Media, Bandai Namco, and Electronic Arts (EA), invests in blockchain applications in the pre-seed and token generation event (TGE) phases, with a particular focus on gaming and infrastructure.