$20M Capital Commitment From This Altcoin: Price Climbs

EOS (EOS), one of the old blockchain projects of the cryptocurrency market, has announced a capital commitment of $ 20 million to encourage developers.

EOS Network Ventureson the EOS network decentralized applications (dApps) And game products (GameFi) to develop 20 million dollars committed capital. Developers of the purpose of capital in the coming period Streaming to the EOS blockchain was stated. EOS for developers dApps enabling the production Ethereum Virtual Machine (EVM) It will launch in April. With this financing provided by the company, the EVM status with the most financial resources for developers will belong to EOS.

CEO of EOS Foundation Yves LaRose In his statement on the subject, he made the following statements that they will attract great interest from the developers thanks to this financing:

EOS Network Ventures (ENV) has made a formal commitment to invest $20 million directly in EOS EVM and GameFi projects. EOS EVM will also be the blockchain with the most funding for its developers. With $20 million ready for EVM projects, we expect a massive influx of developers looking to take advantage of the funding opportunities.

CoinGecko According to the data of the last 24 hours, with the effect of the news flow, 9.6% rise exhibiting EOSat the time of writing from $1.23 is being traded.

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