Four New NFTs and Web 3.0 Funds in the Industry
The new projects have started to develop its ecosystem, have already raise million and million and they put them to fuel growth. During the last week, two large funds were announced to finance new projects in the NFTs and Web 3.0 industry.
The first is the Kadena fund, with $100 million to invest in DAOs, DeFi and NFTs, based on this protocol. With similar funds, Graph have raised a $205 fund and Secret have made another effort at $225 million.
Last but not least, the well-known crypto exchange KuCoin will run its own fund, especially for NFTs, worth around $100 million.
As we can see, more and more money are entering the industry, creating space for new projects.