Near Foundation launched a $ 100 million fund with a focus on Web3
Non -profit organization Near Foundation launched a fund of $ 100 million and a venture laboratory for the Web3 segment. About this writes The Block.
The partner of the new structure is the Swiss investment company Caerus Ventures. The latter is focused on stimulating innovation in Web3.
“The laboratory will offer interfunctional support to projects and will be supported by consultants, whose names will become known by the end of the year,” Near Foundation said.
The initial amount of the fund will be $ 50 million. According to the statement, the target amount of $ 100 million will be attracted during the financing rounds.
Earlier, the Near Protocol team attracted $ 350 million from Tiger Global with the participation of Republic Capital, Hashed, FTX Ventures, Dragonfly Capital and other investors.
In January, the project raised $ 150 million, after which the NEAR price has updated the historical maximum at $ 20.
In the same month, the platform team introduced a new stayking mechanism that allows validators to pay delegates a reward in several different tokens.
Recall that in July, the venture company Konvoy Ventures announced the launch of the fund for $ 150 million. The structure is focused on game web3 platforms.
Prior to this, the development developer for the scaling of NFT on Ethereum Immutable launched a fund for $ 500 million with a focus on Web3 game.
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