Digital Currency Group , Multicoin Capital, Reciprocal Ventures, and other investors introduced a $205 million ecosystem fund to support developers building on The Graph. The protocol currently powers numerous decentralized applications built on Ethereum, NEAR, Polygon, Avalanche, Fantom, Binance Smart Chain, and more., several prominent names in the cryptocurrency industry joined forces to establish the multimillion fund and assist with The Graph’s future progress.
“To expedite that future, we have come together with some of the biggest players in the crypto industry to provide strategic capital and resources to developers aligned with The Graph’s mission to bring Web3 to fruition,” he outlined.
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