Tag: million

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Avalanche creates $200 million fund to lure top crypto devs

The $200 million fund aims to foster growth and innovation on the Avalanche network. The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build on the Avalanche (AVAX) network. The fund will provide liquidity to those early-stage projects that innovate decentralized finance (DeFi) applications, nonfungible…
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Buyers shell out $7M for unseen NFT collection

Participants piled $7 million into a dutch auction to win one of 50 Golden Tokens granting ownership to unminted NFTs from artist Tyler Hobbs. Nonfungible token (NFT) investors have poured $7 million into a dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be minted until December. Tyler Hobbs, the…
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Galaxy Interactive raises another $325M fund aimed at Metaverse and next gen games

The venture capital firm will fund companies in the interactive sector that combine content, finance and tech. Galaxy Interactive, a venture capital firm focused on next generation interactive technolo, has announced it has raised $325 million for its second fund from 70 different investors. The fund is focused on virtual and augmented reality, artificial intelligence,…
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