KuCoin and its nonfungible token (NFT) marketplace have launched a $100 million “Creators Fund” to help bootstrap NFT projects in the arts, sports and GameFi segments.
KuCoin Ventures and Windvane NFT Marketplace Set Up Fund to Help Artists and Creators able to showcase their work and expand their business to a wider audience As the company announced on Tuesday The fund’s function is to support NFT projects that are likely to contribute to Web3 development.
Windvane is a new NFT marketplace from KuCoin that aims to reach the huge user base of crypto exchanges, which at the time of writing KuCoin is the fifth largest crypto exchange according to data from KuCoin. CoinMarketCap
The rise of Web3 has given creators new places to build NFTs in the virtual world, however, says Siu, co-founder and chairman of venture capital firm Animoca Brands. Web3 has provided an efficient way.for creators to work together for economic gain
The post KuCoin launches $100M Web3 Developer “Creators Fund” appeared first on Bitcoin Addict.