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KuCoin launches $100 mln fund for NFT projects
Crypto trading platform KuCoin, through its venture capital arm KuCoin Ventures and KuCoin NFT marketplace — Windvane — is introducing a US$100 million “creators fund,” the company said in a statement. See related article: How Southeast Asia’s NFT ecosystem lifts up local artists Fast facts The fund will support and incubate early stage non-fungible token […]
Crypto trading platform KuCoin, through its venture capital arm KuCoin Ventures and KuCoin NFT marketplace — Windvane — is introducing a US$100 million “creators fund,” the company said in a statement.
The fund will support and incubate early stage non-fungible token (NFT) projects, covering fields including arts, sports, Asian culture, celebrities, GameFi, etc.
The fund will also invite 99 outstanding NFT creators to join the Windvane NFT marketplace to accelerate growth of Web 3.0.
Johnny Lyu, CEO of KuCoin, said: “The US$100 million creators fund will support NFT creators and projects, which will further consolidate the metaverse infrastructure.”