Ranking
Categories
Historical Snapshots
Token unlocks
Yield
Trending
Upcoming
Recently Added
Gainers & Losers
Most Visited
Community Sentiment
Chain Ranking
Market Overview
CoinMarketCap 100 Index
Fear and Greed Index
Altcoin Season Index
Bitcoin Dominance
Crypto ETFs
Overall NFT Stats
Upcoming Sales
New Pairs
Trending Pairs
Meme Explorer
Gainers & Losers
Community Votes
Top Traders
Spot
Derivatives
Spot
Derivatives
Feeds
Topics
Lives
Articles
Converter
Newsletter
CMC Labs
Telegram Bot
Advertise
Crypto API
Site Widgets
Airdrops
Diamond Rewards
Learn & Earn
ICO Calendar
Events Calendar
Academy
Research
Videos
Glossary
MEXC Ventures, Foresight Ventures, and Mirana Ventures have partnered to establish a fund aimed at supporting promising projects built on the Aptos platform, according to a press release shared with BSCN.
The fund is designed to accelerate the development of decentralized applications (dApps) and protocols that leverage Aptos' unique infrastructure.
Foresight Ventures Co-Founder and CEO, Forest Bai, noted that Aptos developers are tackling critical challenges faced by the broader blockchain community. Bai said that this new fund represents just the beginning of Foresight Ventures' commitment to backing innovative projects within the Aptos ecosystem.
Supporting Key Web3 Projects
The fund aims to offer financial and resource-based support to developers who are building projects that utilize Aptos' technology. It will reportedly play a pivotal role in Aptos' ecosystem expansion by encouraging innovation and engagement through initiatives like the Aptos Code Collision, the flagship hackathon program for the Aptos community.
The Aptos Code Collision was designed to promote creativity and recognize outstanding projects and developers. Foresight Ventures, MEXC Ventures, and Mirana Ventures are placing themselves as key players in nurturing the development of Aptos ecosystem by supporting these hackathons.
"This ecosystem fund will fuel the next phase of growth for protocols, projects, and platforms on Aptos," said David Toh, Managing Partner at Mirana Ventures, highlighting the network's non-EVM environment as a key differentiator.
Expanding Bitcoin's Role in Aptos
The introduction of sBTC to the Aptos ecosystem is expected to create new use cases for Bitcoin in areas such as gaming, artificial intelligence, social platforms, DeFi, and NFT marketplaces.
One of the first initiatives of the DSF is the launch of the MiCA Crypto Alliance, which seeks to improve coordination among industry players to navigate the regulatory landscape in the European Union (EU).