In recent months, more institutions and individuals seem to be betting their money on Web3 which appears to be helping the NFTs sector thrive further. KuCoin crypto exchange’s venture capital arm and nonfungible token (NFT) marketplace has confirmed their launch of a $100 million “Creators Fund” to assist in bootstrapping early-stage NFT projects at the… Continue reading Web3 Increased Funding Is A Boost To The NFT Market
Tag: venture capital
Notable Venture Capital (VC) Firms Quietly Shift Focus To Web3 And P2E-related Projects
Venture Capital (VC) firms continue making strategic investments within the nascent crypto sector. It now seems like their main focus slowly shifting towards infrastructural development within Web3, Play-to-Earn (P2E), the Metaverse, and gaming finance (GameFi). Notable Venture capital firms such as Pantera, Coinbase Ventures, Alameda Research, ConsenSys, and Crypto.com have already made their way to… Continue reading Notable Venture Capital (VC) Firms Quietly Shift Focus To Web3 And P2E-related Projects
Notable VCs Rush Into Crypto And NFT Funding In The Past Few Weeks
Venture capital firms seeding into the crypto industry indicate no signs of slowing in 2022, with major investors continuing to endorse promising startups in niche industries spanning the metaverse, non-fungible tokens (NFTs), and play-to-earn (P2E) decentralized applications “GameFi.” Animoca Brands Leads $7.5M NFT3 Raise Animoca Brands, a Hong Kong-based blockchain game and virtual property developer,… Continue reading Notable VCs Rush Into Crypto And NFT Funding In The Past Few Weeks
League Of Kingdoms Arena Grows Metaverse After $3M Seed Funding
League of Kingdoms Arena (LOKA), an NFT game, has proudly announced a $3 million Seed Funding round that was led by Hashed, a venture capital (VC) company. With that additional boost, the world’s first decentralized MMO will grow the game franchise and the adoption of the LOKA token. Sequoia Capital India, Binance Labs, Andreessen Horowitz… Continue reading League Of Kingdoms Arena Grows Metaverse After $3M Seed Funding