The funds are earmarked for DeFi, NFT, tokenization and metaverse projects that are building on the Oasis Network.
Developer group Oasis Foundation has launched a $160 million ecosystem fund to bootstrap promising projects building on top of Oasis Network, a privacy-enabled blockchain with a focus on decentralized finance (DeFi) and the so-called data economy.The fund was established to attract new developers to the Oasis Network so that they can build the next generation of decentralized applications that support DeFi, nonfungible tokens, data tokenization and the metaverse, Oasis Foundation announced Wednesday. Startups and existing projects building on Oasis Network are both eligible to receive grants, the Foundation confirmed. In addition to Oasis Foundation’s contributions, the ecosystem fund was financed by several leading blockchain venture funds, including AME Cloud Ventures, Dragonfly Capital Partners, Draper Dr
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