Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Kucoin => Topic started by: Oxumare on November 19, 2021, 01:47:36 PM
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The fund called the KuCoin Metaverse Fund; GameFi will invest in NFT and decentralized infrastructure projects. You know, yesterday Binance Labs invested in Mobox and entered the Gamafi and Meteverse space.
KuCoin will also provide support to the developers identified under the fund in terms of business development, incentives, branding and partnerships.
https://www.coindesk.com/business/2021/11/17/kucoin-labs-launches-100m-fund-for-metaverse-projects/
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Yes, I saw that in the dashboard of my Kucoin account, currently several other big exchanges see a lot of potential in the Metaverse space, including https://metahero.io/ which is newly listed on Kucoin, several other projects may have received support from Kucoin Lab, but I don't have much information about the Metaverse project because some projects are not ready to use and are still in the development stage, the Metaverse project is currently still focused on long-term development such as making NFT and Metaverse games we can't play yet in VR
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The news is too positive for the KuChain ecosystem and KCS token in the future. We still don't know the power of KuChain and its ability to use it for Metaverse projects, but when Metaverse and DeFi come to KuChain, we will see an explosion of this ecosystem.