KuCoin launches a $100 mn Creators Fund to empower Web 3.0 universe

April 20, 2022

By Sharan Kaur Phillora

Seychelles-based cryptocurrency trading platform KuCoin announced Tuesday the launch of a $100 million Creators Fund to support early-stage non-fungible token (NFT) projects.

The fund will support and incubate the early-stage NFT projects, covering fields including arts, sports, PFPs, Asian culture, celebrities, GameFi, etc. In addition, this fund will invite 99 outstanding NFT creators to join the Windvane NFT marketplace to accelerate the growth of Web 3.0.

Launching the “Creators Fund” is another significant step for KuCoin to enter the NFT space. 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.

Moreover, the fund will support promising NFT projects with strong teams and innovative technology to facilitate the development of NFT space and contribute to building a diverse Web 3.0 world. Windvane is committed to creating a comprehensive and highly compatible platform that will openly support mainstream NFT blockchains such as ETH, BSC, FLOW, etc. In their plan, Windvane will offer the huge user traffic of KuCoin and the support of top KOLs and communities to help projects INO (Initial NFT Offering).

KuCoin Ventures’ Chief Investment Officer, Justin Chou, added: “KuCoin NFT Marketplace – Windvane is an emerging marketplace. With its user-first and community-driven mission, Windvane will support Web 3.0 creators globally to revolutionize the NFT industry. We are thrilled to partner with Windvane to launch the $100 Million ‘Creators Fund’, which we believe would benefit users, creators, communities, and project founders in the Web 3.0 world.”

At the same time, to celebrate the launch of the platform, KuCoin NFT Marketplace -Windvane will launch a series of activities yet to be announced on their official website.

About the author

Sharan Kaur Phillora’s thirst for knowledge has led her to study many different subjects, including NFTs and Blockchain technology – two emerging technologies that will change how we interact with each other in the future. When she isn’t exploring a new idea or concept, she enjoys reading literary masterpieces.

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