KuCoin NFT Marketplace – Windvane and KuCoin Ventures Launch $100M Creator Fund to Power the Web 3.0 Universe
VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoina world leader cryptocurrency trading platform, announced that its venture capital arm KuCoin Ventures and KuCoin NFT Marketplace-Windvane are launching a $100 million “Creator Fund” on April 19, 2022. The fund will support and incubate the early stage NFT projects, covering areas such as Arts, Sports, PFPs, Asian Culture, Celebrities, GameFi, etc. Additionally, this fund will invite 99 outstanding NFT creators to join the Windvane NFT Marketplace to accelerate the growth of Web 3.0.
Windvane is a brand new decentralized NFT marketplace powered by KuCoin. It provides NFT mint, trading, management, storage and many other services. KuCoin NFT Marketplace – Windvane aims to create a comprehensive and highly compatible platform that will openly support mainstream NFT blockchains, allowing everyone to select all NFTs on the KuCoin cross-chain aggregator and a one-stop shop for the best NFT of the world at Windvane.
The launch of the “Creator Fund” is another important 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. Additionally, the fund will support promising NFT projects with strong teams and innovative technology to facilitate the development of the NFT space and help build a diverse Web 3.0 world. Windvane is committed to building 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 KuCoin’s massive user traffic and support from top KOLs and communities to help INO (Initial NFT Offering) projects.
Johnny Lyu, CEO of KuCoin, said, “At the current stage of the comprehensive and in-depth expansion of KuCoin’s Web 3.0 and NFT domains and the deepening of the KuCoin ecosystem, the launch of a ‘Creator Fund’ of 100 million dollars will undoubtedly bring a strong impetus to our development process. The $100 million “Creator Fund” will support creators and NFT projects, further consolidating the infrastructure of the metaverse. We are excited to see the rapid development of NFTs and their integration with sports, culture, games, celebrities, and more. KuCoin NFT Marketplace – Windvane would like to bridge the gap between Web 2.0 and Web 3.0 by helping more creators launch their NFTs or projects and creating 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 market. With its user- and community-driven mission, Windvane will help Web 3.0 creators around the world revolutionize the NFT industry. We are thrilled to partner with Windvane to launch the $100M “Creator Fund” which we believe will benefit users, creators, communities and project founders in the world of Web 3.0. »
At the same time, to celebrate the launch of the platform, KuCoin NFT Marketplace -Windvane will launch a series of activities, check out more on the platform.
Launched in September 2017, KuCoin is a global cryptocurrency exchange for over 600 digital assets. It currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking and lending to its 10 million users in 207 countries and regions around the world. In 2018, KuCoin secured $20 million in Series A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently one of the top 5 crypto exchanges. Also, Forbes named KuCoin as one of the best crypto exchanges for 2021. In 2022, The Ascent named KuCoin the Best Crypto Exchanges and apps for enthusiasts.
About KuCoin NFT Marketplace – Windvane
KuCoin NFT Marketplace – Windvane is a more open and inclusive decentralized NFT marketplace powered by KuCoin, which will serve as a driving force in the industry. For KuCoin, he is committed to creating a comprehensive and highly compatible platform that will openly support mainstream NFT blockchains. Therefore, Windvane is empowered to offer KuCoin’s huge user traffic and support from top KOLs and communities to help INO projects. As far as customers are concerned, Windvane as a decentralized marketplace means low barriers to entry, but data storage will be very secure. There is always a project you are optimistic about on this platform which brings together different types of high-quality projects.
About KuCoin Ventures
KuCoin Ventures is a premier investment arm of KuCoin Exchange that aims to invest in the most disruptive cryptocurrency and blockchain projects of the Web 3.0 era. With a commitment to empowering Crypto/Web 3.0 builders with in-depth information and global resources, it is also a large-scale, community-driven, research-driven company that focuses on ChallengeGame-Fi, Web 3.0, infrastructure, working closely with its portfolio of projects throughout the entrepreneurship journey.