LBank Labs Launches $10 Million MEME Special Fund, Aiming to Nurture High-Quality Early-Stage Innovation Projects

0 10

knife

PRESS RELEASE. LBank Labs, the venture capital arm of the global exchange LBank, has today announced the establishment of a $10 Million MEME Special Fund. The move is intended to encourage high-quality early-stage innovative MEME projects, foster industry growth, and give back to the wider community.

LBank Labs will seek innovative and quality-driven MEME projects globally, emphasizing LBank’s influence and commitment to the worldwide MEME project landscape. The creation of this fund is expected to further stimulate industry innovation and growth.

Funding allocation will be based on the quality and influence of the projects, and the fund will be directly donated to eligible project teams. A leaderboard will be established to periodically announce the list of recipients, highlighting the accomplishments and contributions of the projects. It is anticipated that fund distribution will be completed within the next year, with the first list of donations to be released in early July.

The application process is straightforward and clear. Details on how to apply and further information will be published on the LBank Labs official website in early July. LBank Labs extends an invitation to all globally outstanding MEME innovative projects to apply for this fund and join hands in driving industry growth.

LBank Labs remains committed to promoting the development and innovation of the blockchain industry. LBank Labs believes that the establishment and operation of the MEME Special Fund will further stimulate MEME innovation on a global scale, bringing more vitality and development opportunities to the industry.

About LBank Labs:

LBank Labs is the venture capital arm of the global exchange LBank, dedicated to fostering technological innovation and application development in the blockchain industry. Currently, LBank Labs manages $100 million in assets to support startups and Web3 funds. As of the second quarter of 2023, LBank Labs has invested in 12 Web3 funds and plans to continue expanding its investments in startups and funds to strengthen the cooperation and network effects among its investment portfolio. LBank Labs firmly believes that through the power of technology, a more open, transparent, and fair world can be built.

 

 

 


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 64,459.27
ethereum
Ethereum (ETH) $ 3,458.62
tether
Tether (USDT) $ 0.999043
bnb
BNB (BNB) $ 571.78
solana
Solana (SOL) $ 159.54
staked-ether
Lido Staked Ether (STETH) $ 3,467.10
usd-coin
USDC (USDC) $ 0.998411
xrp
XRP (XRP) $ 0.579769
the-open-network
Toncoin (TON) $ 7.35
dogecoin
Dogecoin (DOGE) $ 0.124645
cardano
Cardano (ADA) $ 0.443402
tron
TRON (TRX) $ 0.133995
shiba-inu
Shiba Inu (SHIB) $ 0.000019
avalanche-2
Avalanche (AVAX) $ 28.23
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 64,632.32
polkadot
Polkadot (DOT) $ 6.40
chainlink
Chainlink (LINK) $ 14.37
bitcoin-cash
Bitcoin Cash (BCH) $ 387.06
near
NEAR Protocol (NEAR) $ 6.17
uniswap
Uniswap (UNI) $ 8.16
litecoin
Litecoin (LTC) $ 73.07
leo-token
LEO Token (LEO) $ 5.83
dai
Dai (DAI) $ 0.998188
pepe
Pepe (PEPE) $ 0.000012
wrapped-eeth
Wrapped eETH (WEETH) $ 3,612.13
matic-network
Polygon (MATIC) $ 0.542431
internet-computer
Internet Computer (ICP) $ 9.53
kaspa
Kaspa (KAS) $ 0.179378
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.46
ethereum-classic
Ethereum Classic (ETC) $ 23.63
ethena-usde
Ethena USDe (USDE) $ 0.99749
aptos
Aptos (APT) $ 7.01
stellar
Stellar (XLM) $ 0.107361
monero
Monero (XMR) $ 160.76
blockstack
Stacks (STX) $ 1.89
hedera-hashgraph
Hedera (HBAR) $ 0.077385
maker
Maker (MKR) $ 2,908.98
render-token
Render (RNDR) $ 6.54
vechain
VeChain (VET) $ 0.031754
okb
OKB (OKB) $ 42.42
cosmos
Cosmos Hub (ATOM) $ 6.51
filecoin
Filecoin (FIL) $ 4.44
mantle
Mantle (MNT) $ 0.772838
crypto-com-chain
Cronos (CRO) $ 0.09423
arbitrum
Arbitrum (ARB) $ 0.759521
injective-protocol
Injective (INJ) $ 23.72
immutable-x
Immutable (IMX) $ 1.50
dogwifcoin
dogwifhat (WIF) $ 2.23
sui
Sui (SUI) $ 0.859148
bittensor
Bittensor (TAO) $ 295.42
the-graph
The Graph (GRT) $ 0.21419
optimism
Optimism (OP) $ 1.81
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 3,508.63
first-digital-usd
First Digital USD (FDUSD) $ 0.99415
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,873.07
bonk
Bonk (BONK) $ 0.000028
arweave
Arweave (AR) $ 28.76
floki
FLOKI (FLOKI) $ 0.000186
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,602.22
notcoin
Notcoin (NOT) $ 0.0162
lido-dao
Lido DAO (LDO) $ 1.80
ondo-finance
Ondo (ONDO) $ 1.10
aave
Aave (AAVE) $ 102.85
theta-token
Theta Network (THETA) $ 1.53
bitget-token
Bitget Token (BGB) $ 1.08
jasmycoin
JasmyCoin (JASMY) $ 0.030288
fantom
Fantom (FTM) $ 0.520897
based-brett
Brett (BRETT) $ 0.141351
thorchain
THORChain (RUNE) $ 4.08
whitebit
WhiteBIT Coin (WBT) $ 9.65
algorand
Algorand (ALGO) $ 0.159502
celestia
Celestia (TIA) $ 6.57
coredaoorg
Core (CORE) $ 1.40
pyth-network
Pyth Network (PYTH) $ 0.343317
jupiter-exchange-solana
Jupiter (JUP) $ 0.887896
ether-fi-staked-eth
ether.fi Staked ETH (EETH) $ 3,473.26
quant-network
Quant (QNT) $ 79.70
sei-network
Sei (SEI) $ 0.357227
mantra-dao
MANTRA (OM) $ 1.35
gatechain-token
Gate (GT) $ 7.71
elrond-erd-2
MultiversX (EGLD) $ 36.74
flow
Flow (FLOW) $ 0.620575
flare-networks
Flare (FLR) $ 0.020901
kucoin-shares
KuCoin (KCS) $ 9.70
eos
EOS (EOS) $ 0.598824
gala
GALA (GALA) $ 0.024415
beam-2
Beam (BEAM) $ 0.017763
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 3,532.46
axie-infinity
Axie Infinity (AXS) $ 5.97
bittorrent
BitTorrent (BTT) $ 0.00000091124415
bitcoin-sv
Bitcoin SV (BSV) $ 44.69
ethereum-name-service
Ethereum Name Service (ENS) $ 27.33
tokenize-xchange
Tokenize Xchange (TKX) $ 10.76
akash-network
Akash Network (AKT) $ 3.55
msol
Marinade Staked SOL (MSOL) $ 192.00
dydx-chain
dYdX (DYDX) $ 1.41
popcat
Popcat (POPCAT) $ 0.856803
tezos
Tezos (XTZ) $ 0.823832
neo
NEO (NEO) $ 11.41
starknet
Starknet (STRK) $ 0.613746