Lamina1’s Ecosystem Fund Invests in Web3 Companies Building Open Metaverse Immersive Technologies
According to reports, the LAMINA1 Ecosystem Fund (L1EF) launched by the metaverse blockchain network Lamina1 has announced its first investment in two Web3 companies building open
According to reports, the LAMINA1 Ecosystem Fund (L1EF) launched by the metaverse blockchain network Lamina1 has announced its first investment in two Web3 companies building open metaverse immersive technologies, namely IP Innovation Lab/Studio 0 Studio and the physical and digital experience platform Legitimate. The specific investment amount has not been disclosed yet. L1EF is the first publicly accessible ecosystem fund for Layer1 blockchain, with the goal of investing in builders, creators, and early projects to expand the LAMINA1 platform and turn the vision of an open metaverse into reality. （Businesswire）
L1EF, an ecological fund under the metaverse blockchain network Lamina1, invests in two Web3 companies: Studio and Legitimate
Lamina1, a metaverse blockchain network, has launched the LAMINA1 Ecosystem Fund (L1EF), announcing its first investment in two Web3 companies focused on building open metaverse immersive technologies – IP Innovation Lab/Studio 0 Studio and Legitimate. The exact investment amount has not been disclosed yet. L1EF’s main objective is to invest in early projects, creators, and builders, expanding the LAMINA1 platform, and turning the vision of an open metaverse into reality.
Introduction: Understanding Lamina1 and Its Ecosystem Fund
Lamina1 is among the latest metaverse blockchain networks that use cutting-edge technology to provide high-quality services to gamers and users interested in virtual reality. In Sept 2020, the Lamina1 metaverse network launched its Mainnet, and currently, its network token, Lina, is actively traded on centralized and decentralized exchanges. The LAMINA1 Ecosystem Fund is aimed at supporting and investing in early-stage Web3 projects that leverage the strength and versatility of Layer1 blockchain technology.
Benefits of the LAMINA1 Ecosystem Fund
– The L1EF is the first publicly accessible ecosystem fund designed explicitly for Layer1 blockchain.
– L1EF aims to expand the LAMINA1 platform through investments in builders, creators, and early-stage projects.
– L1EF provides better opportunities and funding options to early-stage projects that will help them achieve their goals sooner and realize their vision.
First Investment: IP Innovation Lab/Studio 0 Studio and Legitimate
The LAMINA1 Ecosystem Fund has announced its first investment in two companies focused on building tecnhnologies within the Web3 space and using cutting-edge Layer1 blockchain technology- IP Innovation Lab/Studio 0 Studio and Legitimate.
IP Innovation Lab/Studio 0 Studio
IP Innovation Lab/Studio 0 Studio (IPI/LIN0), founded in 2020, is a joint venture between SK Planet Japan Holding Inc. and SK Planet Co. Ltd, which owns the South Korean platform messaging app Nate. IPI/LIN0 provides a full range of content creation and consulting services necessary for Web3 implementation, such as content reduction to fit Web3 platforms, sport design and production, and building and running of metaverse content using blockchain technology. IPI/LIN0’s primary focus is the production and distribution of metaverse content for the entertainment sector, such as video games, movies, VR/AR, and other virtual experiences that are enjoyed using modern technology.
Legitimate
Legitimate is a physical and digital experience platform that leverages blockchain technology, among other innovative tools, to build immersive, interactive, and unique contents. Legitimate’s platform offers an online registration system that facilitates secure purchases and sales of Web3 virtual content. Legitimate also provides a decentralized platform that allows users to participate in the creation of new and unique virtual items. Legitimate enthusiasts can use the virtual asset feature to create and share their content, whether it be wearable fashion or other unique virtual items.
Conclusion
Lamina1 has invested in two innovative companies while launching its LAMINA1 Ecosystem Fund. IP Innovation Lab/Studio 0 Studio and Legitimate are unique in their own ways and focused on creating new standards, technologies, and contents for the Web3 ecosystem.
Unique FAQs
1. What is the LAMINA1 Ecosystem Fund?
– The LAMINA1 Ecosystem Fund (L1EF) is a publicly accessible fund designed explicitly for Layer1 blockchain technology. L1EF aims to expand the LAMINA1 platform through investments in early-stage Web3 projects that leverage the capabilities of Layer1 blockchain technology.
2. Which companies did Lamina1 invest in?
– Lamina1 invested in two Web3 companies- IP Innovation Lab/Studio 0 Studio and Legitimate. These companies use Layer1 blockchain technology to build open metaverse immersive technologies.
3. What are the main benefits of the LAMINA1 Ecosystem Fund?
– The LAMINA1 Ecosystem Fund provides better funding options to early-stage projects and supports and invests in early-stage Web3 projects that leverage the versatility of Layer1 blockchain technology. The fund is the first publicly accessible ecosystem fund specifically designed for Layer1 blockchain technology.
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