HBAR Foundation Launches $250M Metaverse Fund

The HBAR Foundation has launched a $250 million metaverse fund. Hedera Hashgraph, fHe said that they will use some of it to provide web3 services to “reputable brands”.

The fund created; games, sports, fashion and entertainment will be used in four different areas.

Sayl, the customer relationship management platform, announced that it will be one of the fund’s first donors but he did not say how much he would donate.

Geert Roete, one of Sayl’s founding partners, made a statement on the subject:

We chose Hedera because it is a carbon-negative and enterprise-grade blockchain system. This is what big brands look at most when entering the cryptocurrency market.

said.

HBAR Foundation on March 29 to support the development of decentralized finance (DeFi) on the Hedera Hashgraph network. $155 million He announced that he had launched the “Crypto Economy Fund”.

Fund, HBAR liquidity rewards of $60 million, which will be used to increase the growth of the economy and accessibility within the network. was stated to be used for

$155M Funding from HBAR Foundation for DeFi Development in Hedera Hashgraph Network

Related article: $155M Funding from HBAR Foundation for DeFi Development in Hedera Hashgraph Network

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