NBA Top Shot’s host blockchain, Flow, is getting a $725 million boost through a new ecosystem fund
backed by its parent’s company’s investment arm, Dapper Ventures, and a high-profile group of investors including Andreessen Horowitz, Coatue and Digital Currency Group, among others.
Flow’s fund is only the latest in a series of nine and ten-figure incentive programs aimed at further adoption. Some of the largest such efforts include Binance’s $1 billion fund for its Binance Smart Chain and NEAR’s DeFi-focused $800 million fund. But instead of having one team distribute the funds, Flow’s new vehicle will accommodate participating investors’ individual allocation decisions.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Photos: Emotions flow during celebration for West High gradsWest, the first of the biggest Anchorage high schools to hold its ceremony, graduated 370 students Monday.
Les mer »
Irene Zhao’s influencer platform SO-COL is raising funds at a $100 million valuationA startup founded by crypto influencer Irene Zhao is raising new funds at a $100 million valuation in a round led by Blockchain Capital.
Les mer »
How The Blockchain Works Explained Visually | HackerNoonIn this article, we will explore how the blockchain helps cryptocurrencies work with both the architecture and how currencies are mined for transactions.
Les mer »
China is on the hunt for 'Earth 2.0' with proposed space telescopeIf approved for funding, the telescope will launch in 2026.
Les mer »
Crypto muggers in London target digital investors by taking phones: reportCriminals are combining muscle with knowhow to part people from their cryptocurrency.
Les mer »
Autocar launches new digital home for company cars | AutocarDedicated homepage for company cars for all your fleet news and advice
Les mer »