Dubai, UAE, November 25th, 2024,
Chainwire
DWF Labs, a new generation Web3 investor and market maker, is
proud to unveil the $20 million Meme Fund, a
groundbreaking initiative focused on investing in innovative crypto
memecoin projects across various blockchain ecosystems. This
chain-agnostic fund aims to champion creativity and
community-driven innovations in the digital asset space.
DWF Labs has long been an advocate of meme projects, and has
worked with top-performing meme coins like Floki, Turbo, Simon’s
Cat, Neiro Ethereum and First Neiro on Ethereum. Most recently, DWF
Labs announced its partnership with Barsik and NikolAI. The latter
now sits among numerous meme coins in DWF Labs’ portfolio that have
secured Binance listings.
This fund is designed to provide financial resources and
strategic support to memecoin projects that exhibit strong
community engagement, unique value propositions, and the potential
to achieve global recognition. By adopting a chain-agnostic
approach, the fund will empower memecoin creators regardless of
their choice of blockchain, encouraging interoperability and
inclusivity.
“Memecoins are a powerful cultural force within the crypto
landscape, often uniting communities around shared humour and
creativity,” said Andrei Grachev, Managing Partner at DWF Labs.
“The Meme Fund is our way of supporting this vibrant sector and
enabling developers and communities to turn their ideas into
impactful projects.”
This initiative reflects DWF Labs’ ongoing commitment to
fostering innovation within the Web3 ecosystem. With this fund, the
company continues to cement its position as a leader in identifying
and nurturing transformative blockchain initiatives.
The Meme Fund is now open to applications from promising
memecoin projects seeking investment and strategic guidance.
Interested projects can submit their proposals via the DWF Labs
website here: https://www.dwf-labs.com/meme-fund
About DWF Labs
DWF Labs is the new generation Web3 investor and market maker,
one of the world's largest high-frequency cryptocurrency trading
entities, which trades spot and derivatives markets on over 60 top
exchanges.
For more information, please visit www.dwf-labs.com.
Contact
Head of
Marketing
Lynn
Chia
pr@dwf-labs.com
