Yat Siu, co-founder of Animoca Brands, launched a proposal related to "ApeCoin Ventures". According to the proposal, Animoca Ventures, the early-stage venture capital arm of Animoca Brands, proposed to form ApeCoin Ventures to combine the historical expertise of Animoca Ventures with the strong influence of the community to expand the visibility and scale of ApeCoin adoption and utility.
In a 1:1 matching structure, the proposal proposes deploying $5 million worth of APE from the ApeCoin DAO and matching it with $5 million fiat funding from Animoca Ventures to create a $10 million portfolio fund.
Animoca Brands offers to create $10 million fund with ApeCoin
2024-05-02 03:43:38
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