Avalanche created AVATAR, an Asian venture capital firm with an initial stake of $ 20 million.

05月
13
2021-5-13 19:00
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Pursuant to the Avalanche Agreement in Singapore on May 13, 2021, the Avalanche Asia Star Fund (AVATAR), the theme “Start with the avalanche, become a star” was developed and presented in AVATAR format. The investment is $ 20 million for the development of avalanche ecology, DeFi, NFT and industrial projects, with emphasis on supporting Asian ecology projects, radiating global and active support for the prosperity and the development of avalanche ecology. The first group of joint venture plans will include A&T Capital, Blockdream, Blockwater, Kernel Ventures, SNZ, SevenX Ventures, Tripara, NGC Venture and more.

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COLLEXT will be the first Avalanche Asia Star Fund group to co-sponsor the NFT Digital Ecology Project.
On May 13, 2021, the Avalanche Asia Star Fund (AVATAR), a venture capital firm, was established as part of the Singapore Avalanche Agreement. COLLEXT is the first distributor of NFT heritage ecology in partnership with AVATAR. Frances Li, President of COLLEXT, is convinced that the future will join the avalanche competition: “COLLEXT redefines the terms of NFT transport because cross-border NFT is an asset and a heritage property for artists, scientists, community producers., And the cultural and creative community. ., music, film and television community Energy, community, entrepreneurs, community funding A multicultural world rediscovers and defines IP products of historical value and social development value, traffic, technological experience, experience of products and assets. (for gaming) was born with the goal of 10x blockchain = social. “Besides COLLEXT, this is the best place for DeFi and other technological applications to develop and be of interest.
2021-5-13 19:00

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