L1EF, an ecological fund under the metaverse blockchain network Lamina1, invests in two Web3 companies: Studio and Legitimate
According to reports, the LAMINA1 Ecosystem Fund (L1EF) launched by the metaverse blockchain network Lamina1 has announced its first investment in two Web3 comp
According to reports, the LAMINA1 Ecosystem Fund (L1EF) launched by the metaverse blockchain network Lamina1 has announced its first investment in two Web3 companies building open metaverse immersive technologies, namely IP Innovation Lab/Studio 0 Studio and the physical and digital experience platform Legitimate. The specific investment amount has not been disclosed yet. L1EF is the first publicly accessible ecosystem fund for Layer1 blockchain, with the goal of investing in builders, creators, and early projects to expand the LAMINA1 platform and turn the vision of an open metaverse into reality. （Businesswire）
L1EF, an ecological fund under the metaverse blockchain network Lamina1, invests in two Web3 companies: Studio and Legitimate
I. Introduction
A. Explanation of LAMINA1 Ecosystem Fund
B. Announcement of first investment
II. Investment Details
A. Companies receiving investment
B. Brief overview of companies
C. Speculation on investment amount
III. Importance of Open Metaverse
A. Explanation of open metaverse
B. Advantages of open metaverse
C. Why LAMINA1 is investing in open metaverse
IV. Future of L1EF
A. Goals of L1EF
B. Future investments
V. Conclusion
A. Recap of announcement and significance
B. Final thoughts
C. Three FAQs about LAMINA1 Ecosystem Fund
# According to Reports, LAMINA1 Ecosystem Fund Announces First Investment in Web3 Companies
LAMINA1, the metaverse blockchain network, has announced the launch of its LAMINA1 Ecosystem Fund (L1EF) with the goal of fostering the growth of the open metaverse through strategic investments in early-stage projects and builders. L1EF is the first publicly accessible ecosystem fund for Layer1 blockchain, and has recently announced its first investment in two Web3 companies, IP Innovation Lab/Studio 0 Studio and Legitimate.
Investment Details
The announcement has generated excitement in the blockchain community, as IP Innovation Lab/Studio 0 Studio and Legitimate are known for their work building open metaverse immersive technologies. IP Innovation Lab/Studio 0 Studio is a multidisciplinary team that specializes in creating immersive and interactive experiences using virtual and augmented reality technologies. Legitimate is a physical and digital experience platform that offers users a creative and engaging experience through the integration of physical and digital elements.
The specific amount of the investment has not been disclosed, but industry experts believe that it could be a substantial sum, as LAMINA1 seeks to expand the open metaverse through strategic investments in early-stage projects.
Importance of Open Metaverse
The announcement of L1EF’s first investment underscores the growing importance of open metaverse, a concept that has gained significant traction in recent years. Open metaverse refers to a virtual world where users can interact with each other through various digital media. The open metaverse is seen as a key element in the development of Web3, which seeks to create an internet that is decentralized, open, and accessible to everyone.
The advantages of open metaverse are many, as it offers users a more engaging and immersive experience than traditional digital media. Users can participate in virtual social events, attend virtual concerts and shows, and even participate in virtual sports. The open metaverse also offers an opportunity for businesses to connect with customers in a more engaging and interactive way.
LAMINA1’s decision to invest in open metaverse reflects its commitment to this future of digital media. The company believes that open metaverse has the potential to revolutionize the way people interact with each other online, and seeks to support early-stage projects and builders in the development of this new medium.
Future of L1EF
The announcement of L1EF’s first investment also marks a significant step in the development of LAMINA1’s open metaverse ecosystem. The company has set out a goal for L1EF to foster the growth of the open metaverse by investing in builders, creators, and early projects. L1EF’s investments will be focused on startups and teams that can contribute to the development of the LAMINA1 platform and bring the vision of an open metaverse into reality.
Looking ahead, LAMINA1 plans to continue investing in early-stage companies and projects that have the potential to create new and innovative experiences in the open metaverse. The company is committed to expanding the open metaverse ecosystem and making it accessible to everyone.
Conclusion
In conclusion, LAMINA1’s announcement of its first investment in two Web3 companies is an exciting development in the world of blockchain and open metaverse. The investment in IP Innovation Lab/Studio 0 Studio and Legitimate underscores the growing importance of open metaverse in the development of Web3, and highlights LAMINA1’s commitment to supporting early-stage projects and builders.
Three FAQs:
Q: What is LAMINA1 Ecosystem Fund?
A: LAMINA1 Ecosystem Fund is a publicly accessible ecosystem fund for Layer1 blockchain that invests in early-stage projects and builders in the open metaverse industry.
Q: What is open metaverse?
A: Open metaverse is a virtual world where users can interact with each other through various digital media. It is seen as a key element in the development of Web3.
Q: What is LAMINA1’s vision for the open metaverse?
A: LAMINA1 seeks to expand the open metaverse ecosystem through strategic investments in early-stage projects and builders, with the goal of making it accessible to everyone.
This article and pictures are from the Internet and do not represent SipPop's position. If you infringe, please contact us to delete:https://www.sippop.com/18729.htm
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
What is the price of ETH currency (ETH’s market today)
ETH What is the price of currency ETH is a virtual currency supported by a basket of digital assets. Ethereum’s deflation mechanism makes it as valuable as other Cryptocurrency. It can be used to pay for all the costs of issuing and selling tokens, maintenance fees, and managing the network Shortly after the launch in November 2018, the price of Ethereum reached a historical high of $20000, but as the price of Bitcoin rose to more than $34000, the transaction price fell rapidly. According to CoinMarketCap, the current total market value of ETH currencies is approximately $619 billion. (Cryptobriefing) ETH Today’s marketAccording to the Huocoin market, ETH’s price was $190.13 today, up 1.38% on the day It is reported that the underlying technical framework of Ethereum network is the infrastructure of Ethereum Classic (ETC) protocol. At present, ETC operates on the Ethereum blockchain and generates revenue from mining through the equity certification mechanism; It includes pledge rewards, dividend pools, and…
-
The Graph onboard Fantom Network
On March 8, it was reported that The Graph was adding support for Fantom network, and Fantom was about to join the decentralized network through the MIPs plan.
-
Stable Currency Aggregator mStable Seeks Acquisition or Merger
It is reported that 0xloth, the anonymous strategic director of stable currency aggregation agreement mStable, said that due to the decline of product revenue a
-
What is the name of a key currency
What is the name of a kyb coin? According to official sources, KybNetwork is a decentralized exchange. Earn fees by exchanging and trading tokens across multiple networks. According to the project team, this new asset class is called “cybercoin”. Unlike most other digital currencies, it does not provide a fixed supply (such as BTC). It is essentially a medium of exchange based on encrypted assets or tokens Currently, there are three main types: traders, protocol developers, and investors. Kyber’s platform allows users to buy and sell tokens at the most favorable prices. They can receive rewards by selling tokens to liquidity pool providers What currency is keyAccording to IMEOS, key is a blockchain based digital wallet application. It uses key to pay transaction fees to realize the ability to store, send and receive Cryptocurrency securely. Key was launched by the Estonian government at the end of 2017. Although there is only one Cryptocurrency called key at present, it is the…
-
BIT Mining Limited Sells 8.79% Stake in Crypto Flow Technology
According to reports, encryption mining company BIT Mining Limited (NYSE: BTCM) announced today that the company has signed a share purchase and sale agreement
-
What Does 150 Bitcoins Mean? (One Hundred Bitcoins)
What does 150 Bitcoins mean? Since the halving in 2020, the price of Bitcoin ha
-
Virtual Asset Supervision System to be Discussed by South Korean National Assembly Political Affairs Committee
On April 25th, it was announced that the Political Affairs Committee of the South Korean National Assembly will once again discuss the proposal for a virtual as
-
Maker Account Receives 263000 AXS Tokens on Nansen from Ronin Bridge and Transfers to Coinbase
It is reported that Twitter encryption KOL@Bit According to the ember monitoring data, a multi-signature address marked as Maker by Nansen received 263000 unloc
-
Metaverse Game Otherside: Details of the Team Glacia’s Flying Wing Helmet Airdrop
According to reports, the metaverse game Otherside under Yuga Labs announced on official promotion that Team Glacia\’s flying wing helmet has been fully completed for airdrop. The f
-
DeFi Platform Euler Finance Experienced Major Attack
On March 13, the independent analyst CIA Office said on Twitter that according to the monitoring of the security team BlockSec, the DeFi loan agreement Euler Fi