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Movement Labs has announced the finalists for its Web3 hackathon, which features a total prize pool of $2 million. In a related development, Gate Ventures, Movement Labs, and Boon Ventures have launched a new $20 million crypto fund aimed at supporting Web3 startups. This fund will focus on projects utilizing the Move programming language, with an emphasis on enhancing move-based and Ethereum projects. The initiative is expected to foster innovation in decentralized finance (DeFi), GameFi, and non-fungible tokens (NFTs), facilitating asset and liquidity bridging across ecosystems.
$20M Fund Fuels Move x Ethereum Growth - What’s Next? Gate Ventures, Movement Labs, and Boon Ventures are putting $20M on the table for Web3 startups building on the Move language. Move x Ethereum means bridging assets and liquidity across ecosystems. It's a smart play. DeFi,… https://t.co/AFy3Ah71UZ
$20M Fund Just Dropped to Supercharge Move & Ethereum! Gate Ventures, Movement Labs, and Boon Ventures are flexing with a $20M fund for Web3 start-ups building on Move. We’re talking about enabling new projects in DeFi, GameFi, NFTs - all the good stuff. Move bridging with… https://t.co/TvDnMkNhzU
GATE VENTURES, MOVEMENT LABS LAUNCH $20 MILLION FUND TO BOOST MOVE-BASED PROJECTS Gate Ventures and Boon Ventures teamed up with Movement Labs to launch a $20 million crypto fund focused on boosting Web3 startups. The fund targets protocols using the Move programming language,… https://t.co/ro1BEOEsO5
