Vietnamese Web3 Coalition Launches $25 Million Ecosystem Fund for Web3 Startups in Asia

Bitget App

Trade smarter

Cointime2023/11/07 20:51

By:Cointime

Ninety Eight, a Vietnamese Web3 coalition and creator of the Coin98 DeFi ecosystem, has launched a $25 million ecosystem fund to support Web3 startups in Asia. The fund will offer financial and strategic assistance to selected startups, as well as access to the firm's Viction layer-1 blockchain infrastructure for low-gas fee transactions and enhanced security. The Ninety Eight Ecosystem Fund's native token, $C98, can be used for storing, sending, receiving, and managing crypto assets, as well as connecting to decentralized applications on over 40 blockchains. Arche Fund, a venture arm within the Ninety Eight ecosystem, will manage the fund and work closely with selected startups to maximize their potential.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: Honda is working with Sierra Space and Tec-Masters, two space technology companies, to try their high-differential pressure water electrolysis system. Honda aims for hydrogen to help it get all of its cars off carbon by 2040. Honda says it will work with NASA to get the equipment to the ISS on Sierra Space’s Dream Chaser space plane.

Cryptopolitan•2025/04/04 19:12

ETH just had lowest quarterly return since Q2 2022: Blockworks Research

The network is at a “pivotal juncture,” Blockworks Research’s Marc-Thomas Arjoon said

Blockworks•2025/04/04 18:22