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KuCoin launches $100 million Creators Fund

 


Leading crypto exchange KuCoin's venture capital arm, KuCoin Ventures, and KuCoin NFT Marketplace-Windvane have launched a $100 million "Creators Fund," Coin Hero learned in a press release.


The fund will support NFT projects in their early stages in areas such as arts, sports, celebrity, Asian culture and more. 99 outstanding NFT developers are invited to accelerate Web3's growth by joining Windvane's NFT marketplace.


Windvane features NFT minting, trading, and more

KuCoin's decentralized NFT marketplace offers NFT minting, storage, trading, management and many other services. It aims to be a comprehensive platform compatible with popular NFT blockchains such as ETH, BSC and FLOW.


Supporting young artists and creators

The Creators Fund will help young artists showcase their talents publicly and build a much freer, more equitable and democratic decentralized NFT marketplace. It will also provide innovative technology to facilitate the development of the NFT space and help build a diverse Web 3 realm.


Windvane will support INOs (Initial NFT Offering) through KuCoin's amazing traffic and support of KOLs and major nodes.


Johnny Lyu, the CEO of KuCoin commented:


“In the current stage of KuCoin's comprehensive and deep expansion in Web 3.0 and NFT and deepening of the KuCoin ecosystem, the launch of a $100 million Creators Fund will undoubtedly bring a powerful impetus to our development process. The $100 million Creators Fund will support NFT creators and projects, further consolidating the Metaverse infrastructure. We are excited about the rapid development of NFTs and their integration with sports, culture, games, celebrities, etc. KuCoin NFT Marketplace – Windvane wants to bridge the gap between Web 2.0 and Web 3.0 by helping more creators promote their NFTs or Launch projects and create a more integrated NFT world with a lower barrier to entry for users.”


KuCoin Ventures Chief Investment Officer Justin Chou added:


“KuCoin NFT Marketplace –  Windvane is an emerging marketplace. With its user-centric and community-centric mission, Windvane will empower Web 3.0 developers worldwide to revolutionize the NFT industry. We are very excited to be working with Windvane to launch the $100 million Creators Fund, which we believe would benefit users, developers, communities and creators in the Web 3.0 world.”

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