New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors

 

The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market.

“The Axelar Ecosystem Startup Funding Program is designed to nurture a pipeline of developers building Web3 products that rival anything on the centralized web.”

Given the current crypto landscape, such funds are likely to become a lifeline for new developers looking to move into the space as well as early-stage startups in need of funding to survive the Crypto Winter.

Axelar Announcement.... Read more.....

Comments

Post a Comment

Popular posts from this blog

Award-Winning Film Producer Launches Web3’s First Management Sim, Tiny Colony, on ImmutableX

Image
  Tiny Colony, a web3 construction and management simulation, announces its launch on ImmutableX — the preferred developer platform for building and scaling web3 games on Ethereum from leading web3 gaming company Immutable. Initially developed on the Solana blockchain, Tiny Colony is migrating to IMX to leverage the platform’s cutting-edge scaling features while retaining Ethereum’s uncompromising security and decentralization. Prior to the move, Tiny Colony was the top-selling collection on digital marketplace Fractal, with over 18,000 assets sold and  $3 million  US raised. .....Check out.....
Read more

Vespa Signs Patent to Steer Into the Web3 World

Image
  Vespa’s move into NFTs shows the importance of using blockchain technology to improve customer experience and increase revenue Italian motor vehicle manufacturer Piaggio has applied with the United States Patent and Trademark Office (USPTO) to register the Vespa trademark into the metaverse and NFT space. Piaggio plans to offer virtual Vespas, NFT-authenticated digital objects, and software for creating, managing, shipping, and exchanging NFTs and collectible digital objects. The Web3 initiative also includes digital rewards that are authenticated using NFTs and computer games showcasing Vespas ....... Related post
Read more

Peter Crouch is concerned that Leicester City is having financial ‘issues’ after a quiet summer

Image
  Peter Crouch has shared his concerns about Leicester City’s financial position after a quiet transfer window and believes ‘confidence is low’ at King Power after a difficult campaign. The Foxes lost several players over the summer when Kasper Schmeichel left the club to join Nice in Ligue 1 and the club also sold star defender Wesley Fofana to Chelsea for £70 million. Despite key players leaving the club, there was a distinct lack of good replacements as Alex Smithies and centre-back Wout Faes were the only two new players brought into the squad. Peter Crouch believes there could be financial ‘trouble’ at Leicester after a quiet spell The Foxes have had a tough campaign so far and are in the bottom three Faes cost the Foxes £15 million meaning there should be plenty of money left over after the sale of Fofana. Overall, the club’s summer spending was its lowest in a few years. Crouch has picked up on the fact that the club haven’t strengthened the team much and believes there coul...
Read more