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DOMAINS TOKEN-G

Ronald Maguire

08 June 2022 164 Read Crypto , NFT

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Solana Creates $100m Grant and Investment Fund for South Korea Web3 Projects

Solana announced that it has launched a $100 million grant and investment fund, which it will use to support South Korea-based Web3 projects. Solana will also support crypto projects on the Terra network. Announced by the Solana Foundation and Solana Ventures, the fund will support both new projects and the Terra crypto projects that were left helpless by the collapse of UST and LUNA. Some projects on the Terra blockchain have already migrated to Solana and other blockchains.

The fund will be used primarily to invest in GameFi, NFTs and DeFi projects.

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