KuCoin NFT marketplace launches a $100 mn creators fund

economictimes.indiatimes.com:

KuCoin Ventures, the venture capital arm of crypto trading platform KuCoin, and its NFT marketplace Windvane is set to launch a $100 million 'Creators Fund' on Tuesday. The fund will support and incubate the early stage NFT projects from the fields of art, sports, PFPs, Asian culture, GameFi, celebrities, among others. This fund will invite 99 outstanding NFT creators to join the Windvane NFT marketplace to accelerate the growth of Web 3.0 and other various projects.

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DeFi is enabling developers to create new financial products like decentralised banking, decentralised money markets and decentralised asset management firms

Windvane is a new decentralized NFT marketplace powered by KuCoin, which provides NFT mind, trade, management, strong and various other services. It is a highly compatible platform that will openly support mainstream NFT blockchains. The fund will help young artists and creators show their talents to the public and build a much more open, free, equal, and democratic decentralized NFT marketplace. Johnny Lyu, the CEO of KuCoin said, «At the current stage of KuCoin's comprehensive and in-depth expansion of the Web 3.0 and NFT fields and deepening the KuCoin ecosystem.» The launch of this will undoubtedly bring a strong impetus to our development process. It will support NFT creators and projects, which will further consolidate the metaverse infrastructure, he added. KuCoin was launched in September 2017 and the currently it hosts more than 600 digital assets to its 10 million users from 207 countries on its platform.