cryptonews.net
The venture arm of the EOS Network Foundation is investing $20 mln in the EOS EVM and GameFi projects. This move by EOS Network Ventures reflects the growing interest in decentralized finance (DeFi) opportunities, as well as the growing popularity of non-fungible tokens (NFTs) in the gaming sector.
The investment, which will be spread across a range of initiatives, is designed to spur innovation and growth in the ecosystem, providing developers and investors with much-needed opportunities to explore new frontiers in the fast-growing world of blockchain technology.
These investments are expected to attract more investors and developers to the initiatives, leading to further growth and development of the ecosystem. It is also a good indicator for the larger blockchain business, indicating that there is enough funds and interest in the possibilities of decentralized finance and blockchain games.
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