Enjin Forms $100M Fund to Support Metaverse Projects

Posted on by American Coins & Gold

Enjin Forms 0M Fund to Support Metaverse Projects
Blockchain firm Enjin has formed a $100 million fund to support projects in its ecosystem geared toward developing a decentralized metaverse.The Efinity Metaverse Fund will aim to support work on metaverse projects on Efinity – a blockchain developed by Enjin with Polkadot – as well as those involved in non-fungible tokens (NFTs), decentralized applications (dapps) and gaming, according to an announcement Thursday.The fund will focus on cross-chain NFT assets, digital collectible applications, gaming that harnesses mixed reality, virtual events and building multichain infrastructure.The metaverse is a conceptualized world where the internet eventually becomes an immersive virtual space that can be…