DWF Labs, a top-tier marketmaker and VC agency, introduced the launch of a $20 milliom fund centered on meme cash throughout varied programmable blockchains. The brand new chain-agnostic fund goals to champion creativity and community-driven improvements within the digital asset area.
$20 million Meme Fund launched by DWF Labs marketmaker
DWF Labs, one of many main Web3 traders and market making entities, formally unveiled the $20 million Meme Fund, a large initiative centered on investing in revolutionary crypto meme coin initiatives throughout varied blockchain ecosystems.
DWF Labs has a protracted observe of supporting meme initiatives and has labored with top-performing meme cash like Floki, Turbo, Simon’s Cat, Neiro Ethereum and First Neiro on Ethereum.
Most just lately, DWF Labs introduced its partnership with Barsik and NikolAI, two novel meme cryptocurrencies. The latter now sits amongst quite a few meme cash in DWF Labs’ portfolio which have secured Binance listings.
Andrei Grachev, Managing Associate at DWF Labs, is for certain that working with meme cash stays amongst DWF Labs’ prime priorities on this bull cycle:
Memecoins are a robust cultural pressure throughout the crypto panorama, usually uniting communities round shared humour and creativity. The Meme Fund is our manner of supporting this vibrant sector and enabling builders and communities to show their concepts into impactful initiatives.
The brand new funding program is about to supply monetary assets and strategic assist to meme coin initiatives that exhibit robust neighborhood engagement, distinctive worth propositions and the potential to realize international recognition.
Software marketing campaign for meme coin groups is lively
By adopting a chain-agnostic method, the fund will empower meme coin creators no matter their selection of blockchain, encouraging interoperability and inclusivity.
This initiative displays DWF Labs’ ongoing dedication to fostering innovation throughout the Web3 ecosystem. With this fund, the corporate continues to cement its place as a frontrunner in figuring out and nurturing transformative blockchain initiatives.
The Meme Fund is now open to functions from promising meme coin initiatives in search of funding and strategic steerage. initiatives can submit their proposals through the DWF Labs web site.