KuCoin Launches Creators Fund
KuCoin Ventures, a frontrunner in the cryptocurrency sector, has launched a groundbreaking initiative. created This collaboration with Windvane NFT marketplace has culminated in the establishment of the 'Creators Fund', specifically aimed at empowering artists and creators by bringing their work to a global audience.
With a significant contribution of $100 million, the fund is specifically designed to nurture the growth of the Web3 economy, particularly targeting promising NFT projects.
Windvane serves as a decentralized NFT marketplace backed by KuCoin. Its features mirror those of many NFT platforms, allowing users to mint, manage, store, and trade their non-fungible tokens. This platform is versatile, accommodating various blockchains including Ethereum, Binance Smart Chain, and FLOW, while also offering a cross-chain aggregator choice.
Justin Chou, the Chief Investment Officer at KuCoin Ventures, is convinced that the creators of Web 3.0 will play a pivotal role in transforming the NFT sector. KuCoin’s CEO, Johny Lyu, enthusiastically announced the launch of the 'Creators Fund', expressing his excitement about being part of the swift evolution of NFTs that are increasingly merging with sports, games, culture, arts, and beyond.
The fund specifically targets NFT creators and communities that are looking to integrate within the Metaverse ecosystem.
To kick things off, the 'Creators Fund' intends to recruit 99 exceptional NFT creators to join Windvane, thereby accelerating the advancement of Web 3.0.
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- Instagram is set to embrace NFTs within a few months, as confirmed by CEO Mark Zuckerberg.
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