Major Investments On Web3.0 + Metaverse

1 Jun 2022

Metaverse and Web 3.0 have bright Future because of following events --

 That's why I would like to recommend you to invest in Metaverse coins and web3.0 coins especially Bloktopia (Blok) #NFA #DYOR

💥 KuCoin launches cross-chain crypto wallet in web3 expansion 

◾KuCoin officially launches its latest decentralized product — “KuCoin Wallet”. The wallet with the website will go live for users from 1st June. 

◾The wallet allows users to create a decentralized account for Web 3.0 in seconds and send, receive, and store BTC, ETH, USDT, USDC, BNB, and other cryptocurrencies in one place.

◾️At launch, KuCoin Wallet will also integrate Windvane, a one-stop NFT marketplace, to enable users to buy, store, and view their NFT collections directly within the wallet.

➡️ 💥 Binance raises $500 million fund to invest in Web3 startups

◾Binance Labs launches a $500 million fund in partnership with global investors including DST Global Partners and Breyer Capital to drive innovation across the crypto, Web3 and blockchain landscape.

◾These funds will be allocated to projects across various stages — incubation, early-stage and late-stage growth.

◾The goal of the newly closed investment fund is to discover and support projects and founders with the potential to build and lead Web3 across Defi, NFTs, gaming, metaverse, social, and more.

➡️ 🇰🇷 South Korea to invest $177 million directly in Metaverse platforms

◾️The government of South Korea has announced it will start investing in metaverse projects directly. 

◾️The investment, which will amount to $177.1 million to kickstart the national industry, was announced by the minister of science and information and communication technologies of South Korea, Lim Hyesook.

◾️The investment is part of the new tech focus South Korea has included in its Digital New Deal, a set of guidelines that the government is following to push citizens to transition to a fully digital society.

➡️ These things show how important can be Web 3.0 and Metaverse in future i.e. Long term that a whole nation and big crypto exchanges are investing Millions of dollars in it 

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