DAG-based blockchain ecosystem COTI launches $10M ecosystem fund

DAG-based blockchain ecosystem COTI, today announced the launch of ecosystem fund: COTI Ventures.


There will be an initial budget of $10 million USD, which will be used to invest in equity, tokens, and other forms of capital in early-stage startups developing solutions related to COTI’s ecosystem.


“We’re focusing on investing in strong and experienced founding teams with a robust business plan that relies on a great product-market fit and a quick time to market, thus creating strategic partnerships and encouraging new use cases for our tokens, products, or infrastructure.”– The COTI Team


Investments


Recently, the fund has made its first investment in WingRiders, a new and encouraging Cardano DEX, joining other participants in the fun ..

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