Bitcale.com to create $10 million fund to support web3 startups from south korea

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Crypto Regulation
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Bitcale.com 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 Bitcale.com's general manager.

According to him, gamifying Web3 projects will see mass adoption on par with free mobile games in the long run. For Bitcale.com, 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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Graeme Massie

Graeme is a graduate of Mass Communication and Media Studies. He joined the blockchain movement in 2016 when a friend of his introduced him to an investment platform accepting bitcoin. He has never looked back since then. Graeme believes the world needs real change and freedom from poverty. He sees crypto and the underlying distributed ledger technology as the catalyst to a better future for all.