Bicexcrypto to create $10 million fund to support web3 startups from south korea

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Crypto Regulation
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BicexCrypto has established a $10 million fund to invest in South Korean startups with a focus on DeFi, NFT and GameFi.

"South Korea is at the forefront of Web 3.0 game design and development, and we are focused on helping even more developers bring their ideas to life," said BicexCrypto's general manager.

According to him, gamifying Web3 projects will see mass adoption on par with free mobile games in the long run. For BicexCrypto, the new fund is the first structure with a clear geographic focus.

In addition to funding, South Korean developers will get help with design and consulting.

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Johanna Chisholm

Johanna is a very active blockchain and cryptocurrency content creator and highly regarded Technical Analyst. He is a Mechanical Engineer by profession and an activeTrader, whose first encounter with Bitcoin was in 2015—and by accident. Ever since, it has been an exciting journey where life-long friendships have been forged, and careers made and strengthened.