HBAR Foundation launches a $250M metaverse fund to enhance consumer brand ado...
This is the largest fund the HBAR Foundation has launched to date, a statement of intent for their aspiration in the tokenized economy and metaverse space. The HBAR Foundation, a not-for-profit independent organization of distributed ledger firm Hedera Hashgraph, has announced the establishment of a $250 million dollar metaverse fund to drive consumer brand adoption of tokenized Web3 applications.The foundation’s team has identified applications within both the Web3 and Hedera ecosystems that build direct from business-to-consumer and act as a reciprocal middle-man between all parties for....
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The HBAR foundation, a nonprofit organization designed to accelerate the development of the Hedera Hashgraph ecosystem, has announced the launch of a new Metaverse fund. The fund, which launches with $250 million, will serve to entice builders and programmers to bring their metaverse products to the Hedera network and make use of its decentralized ledger technologies.
HBAR Foundation Wants the Metaverse to Happen on Hedera
The battle for the metaverse is intensifying, and many organizations are offering incentives for these experiences to be built using their own infrastructures.....
The Samsung metaverse store is a replica of a real-world shop situated at 837 Washington Street in New York City's Meatpacking District. Samsung is the latest megacorporation to announce a metaventure project, opting for Decentraland for its metaverse project. On Jan. 6, 2021, the consumer electronics giant announced the opening of a virtual replica of its iconic New York physical store in order to enhance customer interaction at a time when COVID-19 is keeping people away from physical shops.The Samsung metaverse store is a replica of a real-world shop situated at 837 Washington Street in....
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious approach,” Tony Roberts, Invesco’s fund manager, explained. Invesco Reveals Metaverse Fund — Investment Manager Plans to Invest in Small, Medium, Large-Cap Startups On Monday, Citywire’s Chris Sloley published a report explaining that the fund manager Invesco (NYSE: IVZ) launched....
HBAR Foundation, bloXroute, GamerGains, Spruce, Venly, Playmint and Oasis.app headline the latest funding deals from the world of blockchain. Cryptocurrency markets remain caught in a macro-based downtrend, with Bitcoin (BTC) and Ether (ETH) showing further signs of weakness at the end of April. But, venture capital activity in the crypto and blockchain sectors is the strongest it has ever been, offering further evidence that major investors are looking beyond immediate price action and ignoring divisive bull/bear narratives. The latest edition of VC Roundup highlights the growing....
According to the announcement, the fund is "designed to strengthen accountability and transparency in ecological markets," with an inherent adherence to contributing towards the 2030 UN Sustainable Development Goals. The HBAR Foundation, a philanthropic and independent subsidiary of distributed ledger firm Hedera Hashgraph, has announced the launch of the environmentally-conscious Sustainable Impact Fund (SIF), conceived to foster the development of climate-conscious solutions within the Hedera ecosystem.The first recipient, a Welsh blockchain company called DOVU, has been granted an....