Windvane and KuCoin Ventures Launch Creators Fund of $100 Million to Web 3.0 Universe
KuCoin is a cryptocurrency exchange platform spread across the globe with a presence in 207 countries and regions. It was launched in September 2017 and has successfully registered around 10 million users.
Around 600 digital assets are listed on KuCoin, ranking the platform in the top five Crypto exchanges according to CoinMarketCap. Some of the offerings of crypto exchange Singapore KuCoin include Margin Trading, Spot Trading, Futures Trading, and P2P Fiat Trading.
Background
Windvane is an NFT marketplace with the concept of being open and inclusive as a decentralized NFT marketplace. KuCoin backs Windvane to offer support to its top KOLs and communities to help projects in their Initial NFT Offering.
Users are guaranteed a low barrier entry with secure storage of data. They can rely on Windvane to always offer high-quality projects.
KuCoin Ventures is an arm of KuCoin that deals with investment into the projects. KuCoin looks to invest in those projects which stand strong to disrupt the Crypto and blockchain market. It commits to offering Deep Insights and Global Resources to empower the builders of Web 3.0.
The focus remains on supporting the ventures engaged in Game-Fi, DeFi, and Web 3.0 infrastructure. KuCoin Ventures has established itself as a user-friendly and research-driven platform.
Creators Fund Launched
Windvane and KuCoin Ventures have joined hands to launch Creators Fund worth $100 million. The funds will be directed to establish and support the early-stage ventures driven toward the NFT industry.
Creators Fund is scheduled to launch on April 19, 2022.
NFT projects targeted by the Creators Fund include those in Sports, Game-Fi, Art, Asian Culture, and Celebrities, to mention a few. 99 NFT creators have been invited to participate on the platform and reach out to other users.
Support to the early stage NFT ventures will be in the form of offering a strong team and innovative technology. To specifically talk about Windvane, the NFT marketplace of KuCoin will offer the user traffic the support of KOLs and communities.
Justin Chou, the Chief Investment Officer of KuCoin Ventures, said that the team was thrilled to partner with Windvane in launching the Creators Fund worth $100 million. Justin Chou added that the fund would do a good job supporting users, communities, creators, and founders of the projects in the emerging Web 3.0 world.
He acknowledged that Windvane was an emerging marketplace with a scope to revolutionize the NFT industry.
Johny Lyu, the Chief Executive Officer of KuCoin, stated that the team was pleased with the rapid growth of the NFT sector. Johny Lyu assured us that Creators Fund would undoubtedly bring a strong impetus to the development process.
Windvane has lined up the launch of many more activities, details of which are awaited by the community.
