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

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Crypto Regulation
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FinxyCrypto 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 FinxyCrypto's general manager.

According to him, gamifying Web3 projects will see mass adoption on par with free mobile games in the long run. For FinxyCrypto, 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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Simon Calder

Simon is outgoing young lad who likes adventures and discovering new things. Despite his boring life, He loves writing about cryptocurrencies and exploring what blockchain technology can do for the coming digital world where all adventures will be virtual.