EOS Network Ventures Investing $20 Million in EOS EVM and GameFi Projects
On March 20th, Yves La Rose, founder and CEO of EOS Network Foundation, tweeted, “EOS Network Ventures (ENV) has officially committed to investing $20 million directly in EOS EVM and GameFi projects. EOS EVM will be launched on April 14th and will redefine EVM’s potential limitations. With $20 million for EVM projects, we expect a large influx of developers who want to take advantage of these financing opportunities.”
EOS Network Ventures promises to invest $20 million in EOS EVM and GameFi projects
Analysis based on this information:
Yves La Rose, the founder and CEO of EOS Network Foundation, recently announced that his company, EOS Network Ventures (ENV), will invest $20 million in EOS EVM and GameFi projects. The announcement was made via Twitter on March 20th and stated that the investment would be directly committed to financing opportunities for developers.
The EOS EVM is set to launch on April 14th and promises to redefine the limitations of the Ethereum Virtual Machine (EVM). The Ethereum EVM has long been the standard for decentralized application (dApp) development, but it has also faced several limitations. The EOS EVM will attempt to overcome these limitations and offer new possibilities for developers.
GameFi, on the other hand, is a relatively new concept that combines decentralized finance (DeFi) and gaming. The idea is to create a gaming ecosystem that enables players to earn cryptocurrency through in-game activities. As the gaming industry continues to grow, GameFi has the potential to become a significant player in the DeFi world.
EOS Network Ventures’ investment in EOS EVM and GameFi projects is a significant move towards improving the EOS network’s capabilities and attracting more developers to the platform. With $20 million available for financing opportunities, developers will have access to the necessary resources to create innovative and groundbreaking projects.
The investment is also an indication of the growing interest in DeFi and decentralized gaming. As more people look for ways to earn cryptocurrency, DeFi and GameFi have become increasingly popular. With the EOS network’s technological capabilities and financing opportunities, the platform is poised to become a leader in these emerging markets.
In conclusion, EOS Network Ventures’ $20 million investment in EOS EVM and GameFi projects is a significant development for the EOS network and the decentralized application industry. The investment will provide developers with the resources needed to create innovative projects and stimulate growth within the ecosystem. It also highlights the growing interest in DeFi and GameFi and EOS’s potential to become a leader in these markets.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/5895/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
DeFiance Capital Raises Eight Figures for Liquidity Token Fund
According to reports, according to two sources, Arthur Cheong’s encryption investment fund DeFiance Capital raised “eight figures” of funds and completed the first closure of the new $100 million liquidity token fund. One of the sources said that although this may mean any amount between US $10 million and US $99 million, the initial financing amount last year was less than US $50 million. Sources: DeFiance Capital completed the raising of 100 million US dollars of liquid token fund Analysis based on this information:DeFiance Capital, an encryption investment fund managed by Arthur Cheong, has reportedly raised “eight figures” of funds for its new liquidity token fund. Two sources have confirmed that the firm has completed its first closure on a $100 million liquidity token fund. The initial financing amount for the fund was less than $50 million last year, according to one of the sources. Although the exact amount of funds raised by DeFiance Capital has not been disclosed, the…
-
Co-founder of Syntactic Capital claims $1 million fraud
It is reported that Daniel Cheung, co-founder of Syntactic Capital, has filed a lawsuit, claiming that he was cheated of nearly $1 million.
Daniel Cheu…
-
The Rise of Meme Coins: A Look at Memeland’s Latest Project
On April 20th, Memeland, a NFT project under the well-known funny community 9GAG, tweeted that you are purchasing meme coins. We are building the THE Meme Coin. It is reported that
-
Aave Founder’s Anti-Spam Idea for Lens Protocol
On February 17, Stani, the founder of Aave and Lens Protocol, posted on Lens that he had an interesting idea of evading robots and \”airdrop hunters\”. Stani men…
-
The Growing Importance of Cryptocurrency Exchanges in the Digital Era
7:00-12:00 Keyword: Tether, SilverGate, Voyager, Base
Summary of important developments at noon on March 4
Interpretation of the news:
Th… -
Voyager creditors have reached a resolution with US officials to advance the Binance. US transaction
On April 20th, according to the Voyager Unsecured Creditors Committee\’s disclosure on social media, the Voyager Unsecured Creditors Committee (UCC) has reached a resolution with th
-
Sui’s MovEX Team Completes Basic Construction of DeepBook – An Overview
On April 18th, it was reported that Sui\’s centralized exchange MovEX team has completed the basic construction of DeepBook, which does not require a license and has been fully inte
-
Nanjing Launches First Metaverse Reading Innovation Studio
According to reports, on April 21, the launch ceremony of the 2023 Nanjing Yuhuatai District National Reading Series was held at the Nanjing South Station Regional Party Building A
-
When and when will dot private equity be unlocked
dot When and when private equity unlocks Poka projects DOT When and when private equity unlocks? According to the official announcement, unlocking will begin around 15:00 today. Currently, two addresses have received the pledge reward One is 0x00c9e8a1f4d2b5cc3bebf7bbba6af50dff23bddf88ed90cda2. Another wallet address is 0xea29cee75fe80cf25fb73f69cafa46f17de39f20f, which will send tokens to the user’s wallet address (as shown in the following figure) From a technical perspective, if you want to obtain an initial supply of 10 million DOTs for DOT, you need to pledge 32 DOTs to unbind; However, due to the limited number of pledges, it is not possible to complete the unlocking in advance In order to let more people know who will unlock the DOT the next time, we will first provide some details: when a transaction occurs, the system will charge 10 DOTs as a redemption fee, and this amount will be deducted. In this way, each transfer will not be affected, and only 10% of the additional fee will…
-
Degen Reborn: Pioneer Light Game Taking the Crypto World by Storm
On March 24th, the Pioneer Light Game Degen Reborn attracted over 17000 paid addresses to participate in the 72-hour beta test that opened on March 17th, with a transaction value o
-
The Impact of EU’s Celsius on CZ and SushiSwap
12:00-21:00 Key words: EU, Celsius, CZ, SushiSwap
Overview of important developments in the evening of February 15
Interpretation of the news:
… -
The Misconceptions of Metauniverse Technology
According to reports, Neal Stephenson, author of science fiction \”Avalanche\”, said that, \”People assume that the metauniverse is always related to the use of g…
-
Emerging Technology Industries: Suggestions for Development Based on Metauniverse
It is reported that from February 15 to 17, the 2023 spring meeting of the YuanUniverse Industry Conference was held in Kunshan. Ren Aiguang, deputy director o…
-
#Table of Contents
According to reports, the market shows that BTC has exceeded $28500 and is currently trading at $28502.4, with a daily increase of 0.56%. The market is highly volatile, so please d
-
Arthur Hayes Bought Notable Pepes NFT
According to reports, PeckShieldAlert monitoring data showed that the address marked Arthur Hayes bought Pepe Cheques-Notable Pepes NFT at 0.69 ETH ($1115) on …
-
What is Tai cryptocurrency (Tac cryptocurrency)?
Tai is a cryptocurrency based on the Ethereum network, according to official sou