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.....

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