Solana Ventures and Solana Foundation, the Switzerland-based entity that promotes the growth of the network, have jointly stumped up the funds. They will be used for investments and grants in a range of Korean crypto startups, but with a focus on those in gaming, non-fungible tokens (NFTs) and DeFi.
“We have been working with Korean developers and actively investing in the ecosystem for some time now, which helped us build a deeper understanding of the Korean market,” said Johnny B. Lee, general manager of games at Solana Foundation, in a statement. “Korea is at the forefront of web3 game design and development and we are focused on helping even more builders in Korea bring their ideas to …
Source : theblock.co