• Nigerian/African Tech
  • Start Up
  • Internet
    • App
    • Mobile
    • Software
  • Gadgets
  • Money
  • Video
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Metaverse

KuCoin Labs Launches $100 Million Fund To Empower Metaverse

Olagoke Ajibola by Olagoke Ajibola
November 19, 2021
Share on FacebookShare on Twitter

KuCoin, a secure cryptocurrency exchange platform that makes it easier to buy, sell, and store cryptocurrencies have launched the $100 million “KuCoin Metaverse Fund” to empower the development of the Metaverse ecosystem. KuCoins shares this in a blog post. As we may know, the Metaverse is the new cool thing everyone is talking about and many tech companies are joining the race to build the best virtual spaces for both consumers and businesses. With eyes on various technology companies for who does the most with Metaverse, users are looking out for the one that delivers the most amazing VR experiences, this further implies that opportunities abound in the next big thing which is Metaverse.

Also On TechBooky

Mozilla Acquires Active Replica, A Startup Developing A “Web-based Metaverse”

Nedbank Partners With Africarare To Acquire Village In Ubuntuland, Staking Its Claim To Africa’s First Metaverse

Are Online Casinos Going to Jump on the Metaverse Hype Train?

Five Facts About The Metaverse You Need to Know

Samsung Unveils Virtual Playground ‘Space Tycoon’ On Roblox

This KuCoin Metaverse fund aims at helping to build a sustainable Metaverse ecosystem. By investing and incubating early-stage projects, KuCoin believes it can accelerate the development of underlying infrastructure and crush limiting challenges that may hinder the Metaverse ecosystem. The fund has been said to cover a diversified range of VR projects, these projects include Metaverse, GameFi (Esports and immersive entertainment), NFT, decentralized infrastructure, and other innovative projects that may simply arise. The fund also aims to promote the global mass adoption of blockchain technology, especially in emerging markets in the continent of Africa and South America.

Moreover, a fraction of the “KuCoin Metaverse Fund” has been set aside to be injected into metaverse education programs that can equip young people globally with the necessary skills to explore potentials and opportunities for the upcoming metaverse era. As the next chapter of the Internet is getting set to explode and change the dynamics of we work, connect, shop, entertain, make money, and generally interact. The “KuCoin Metaverse Fund” is launched to accelerate the maturation of set goals for the emergence of blockchain technology by further strengthening the application to a Web3.0 version of the metaverse.

For projects looking to take part in the KuCoin Metaverse Fund, KuCoin Labs has promised to make provision for the following supports, including but not limited to:

  • Project incubation
  • Primary market investment
  • Business partnership support
  • Branding and marketing support
  • Go-to-market Strategy

Projects that are eligible to the Fund must meet the following conditions:

  • Have a strong and committed team
  • Be innovative in technology and/or business model
  • Be at a relatively mature phase of project development
  • Must have a tangible product and use scenario(s)

KuCoins invite all Metaverse ecosystem builders to submit their proposals to become a candidate of this fund and future “founding-fathers” of the Metaverse space. Application forms can be found here. For further information Click Here.

Related Posts:

  • Google Is Making Plans For The Metaverse With Smart AR Glasses
    Google Is Making Plans For The Metaverse With Smart AR…
  • Samsung To Reveal Metaverse Innovation At CES 2022
    Samsung To Reveal Metaverse Innovation At CES 2022
  • Intel Wants To Play A Big Role In How We Access The Metaverse
    Intel Wants To Play A Big Role In How We Access The…
  • Five Facts About The Metaverse You Need to Know
    Five Facts About The Metaverse You Need to Know
  • Confirmed: Zuckerberg Says NFTs Are Coming To Instagram
    Confirmed: Zuckerberg Says NFTs Are Coming To Instagram
  • MTN Group Secures A Place In The Metaverse, Making It First African Company There
    MTN Group Secures A Place In The Metaverse, Making It First…
  • Top 10 Metaverse Blockchain Projects To Look Out For In 2022
    Top 10 Metaverse Blockchain Projects To Look Out For In 2022
  • You Can Watch The Game Awards 2021 In The Metaverse
    You Can Watch The Game Awards 2021 In The Metaverse
Tags: cryptocurrencyinternetKuCoinsmetaversevirtual reality
Olagoke Ajibola

Olagoke Ajibola

Olagoke Ajibola is a creative writer and content producer with an eye for details and excellence. He has a demonstrated history of telling stories for TV, Film and Online. Aside from being fascinated by the power of imagination, his other interest are travel, sport, reading and meeting people.

BROWSE BY CATEGORIES

Receive top tech news directly in your inbox

Loading

Recent

Israeli Startup Introduces Smart Farm For Fresh Green Superfood

Israeli Startup Introduces Smart Farm For Fresh Green Superfood

January 31, 2023
Twitter Pay? Elon Musk Applies To Get Payment Gateway License For Twitter

Twitter Pay? Elon Musk Applies To Get Payment Gateway License For Twitter

January 31, 2023
A Wider Digital Voting System In Nigeria And Diaspora Participation

A Wider Digital Voting System In Nigeria And Diaspora Participation

January 31, 2023
Jail Threats Stop ‘Robot Lawyer’ From Making Debut In Court

Jail Threats Stop ‘Robot Lawyer’ From Making Debut In Court

January 30, 2023
How Google’s Sparrow AI Tool Is Looking To Take On ChatGPT

How Google’s Sparrow AI Tool Is Looking To Take On ChatGPT

January 30, 2023
Nigeria’s Apex Bank Launches Domestic Card Scheme – AfriGO

Nigeria’s Apex Bank Launches Domestic Card Scheme – AfriGO

January 30, 2023
Tesla Cybertruck Mass Production Won’t Start Until 2024

Tesla Cybertruck Mass Production Won’t Start Until 2024

January 27, 2023
Apple Reportedly Delays Development Of Its Own WiFi Chips

Apple Reportedly Delays Development Of Its Own WiFi Chips

January 27, 2023
Google Commits To Complying With EU Laws On Its Services

Google Commits To Complying With EU Laws On Its Services

January 27, 2023
Airtel Launches Its eSIM Technology In Nigeria

Airtel Launches Its eSIM Technology In Nigeria

January 27, 2023

Browse Archives

February 2023
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728 
« Jan    

About Us

TechBooky

TechBooky is a social Tech blog with a special focus on the budding African Technology sector. TechBooky is currently based in Abuja, Nigeria.

Subscribe to TechBooky

Enter your email address to subscribe to TechBooky and receive notifications of new posts by email.

Join 24 other subscribers.

Receive top tech news directly in your inbox

Loading

Popular Tags

AI (255) amazon (95) android (281) app (610) Apple (473) artificial intelligence (268) business (342) china (113) cloud (135) cryptocurrency (158) ecommerce (109) enterprise (240) facebook (472) gadget (448) gaming (160) google (546) government (383) guest post (108) instagram (137) internet (352) ios (249) iphone (210) microsoft (261) mobile (281) new feature (287) nigeria (278) privacy (135) research (134) samsung (139) security (375) smartphone (235) social media (671) software (416) startup (269) streaming (140) telecom (157) tips (340) transport (104) twitter (217) united states (191) users (132) videos (115) website (160) whatsapp (129) youtube (106)

Quick Links

  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips

Popular Post

  • Trending
  • Comments
  • Latest
Download Free Editable Resume Templates – Word / Docx – 2022

Download Free Editable Resume Templates – Word / Docx – 2022

July 25, 2022
The Best Free PC Games

The Best Free PC Games

July 29, 2022
Recover Permanently Deleted Emails From iCloud Manually

Recover Permanently Deleted Emails From iCloud Manually

March 5, 2022
How is Technology Changing Our Definition of What It Means to Be a Human?

How is Technology Changing Our Definition of What It Means to Be a Human?

April 1, 2018
Resume and Cover letter Templates for free

Resume and Cover letter Templates for free

July 25, 2022
[Fixed] “Outlook Running Slow Windows 10” Issue

[Fixed] “Outlook Running Slow Windows 10” Issue

February 12, 2020
Israeli Startup Introduces Smart Farm For Fresh Green Superfood

Israeli Startup Introduces Smart Farm For Fresh Green Superfood

January 31, 2023
Twitter Pay? Elon Musk Applies To Get Payment Gateway License For Twitter

Twitter Pay? Elon Musk Applies To Get Payment Gateway License For Twitter

January 31, 2023
A Wider Digital Voting System In Nigeria And Diaspora Participation

A Wider Digital Voting System In Nigeria And Diaspora Participation

January 31, 2023
Jail Threats Stop ‘Robot Lawyer’ From Making Debut In Court

Jail Threats Stop ‘Robot Lawyer’ From Making Debut In Court

January 30, 2023
How Google’s Sparrow AI Tool Is Looking To Take On ChatGPT

How Google’s Sparrow AI Tool Is Looking To Take On ChatGPT

January 30, 2023
Nigeria’s Apex Bank Launches Domestic Card Scheme – AfriGO

Nigeria’s Apex Bank Launches Domestic Card Scheme – AfriGO

January 30, 2023

Recent News

Israeli Startup Introduces Smart Farm For Fresh Green Superfood

Israeli Startup Introduces Smart Farm For Fresh Green Superfood

January 31, 2023
Twitter Pay? Elon Musk Applies To Get Payment Gateway License For Twitter

Twitter Pay? Elon Musk Applies To Get Payment Gateway License For Twitter

January 31, 2023
A Wider Digital Voting System In Nigeria And Diaspora Participation

A Wider Digital Voting System In Nigeria And Diaspora Participation

January 31, 2023
Jail Threats Stop ‘Robot Lawyer’ From Making Debut In Court

Jail Threats Stop ‘Robot Lawyer’ From Making Debut In Court

January 30, 2023
How Google’s Sparrow AI Tool Is Looking To Take On ChatGPT

How Google’s Sparrow AI Tool Is Looking To Take On ChatGPT

January 30, 2023
Nigeria’s Apex Bank Launches Domestic Card Scheme – AfriGO

Nigeria’s Apex Bank Launches Domestic Card Scheme – AfriGO

January 30, 2023
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact us
  • Privacy Policy
  • Disclaimer
  • Login

© 2021 Design By Tech Booky Elite

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips

© 2021 Design By Tech Booky Elite