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Gungun Bhatia
Dec 22, 2022
by Gungun Bhatia

Lamina1 Launches Rolling Fund for Web3 Builders

Lamina1 Web3

Table of contents

  1. Lamina1 Launches L1EF For Web3 Builders
  2. Subscription Offer Of Four Quarters
Lamina1, a layer 1 blockchain oriented on the metaverse, is introducing the Lamina1 Ecosystem Fund (L1EF) to give Web3 builders a means of generating funds for their open metaverse initiatives, and to allow investors to engage in projects early on.

Lamina1 Launches L1EF For Web3 Builders

The business, under the direction of Vessenes, stated in a news statement that it's first-of-its-kind publically available ecosystem fund to enable wide economic access to worldwide professional investors wanting to support the next phase of the internet.

Due to the enormous number of daily questions from individuals creating the open metaverse, Lamina1 is in a particularly advantageous position, according to Vessenes. The team effectively gets a first glimpse at what many of the most engaging innovators and communicators of the time are doing, developing, creating, and generating throughout the world because of their front-row seats to everything occurring in the ecosystem.

Subscription Offer Of Four Quarters

L1EF has made its debut on AngelList, a startup funding platform that enables businesses to attract angel investors. The platform provides rolling funds, which let prospective buyers finance projects with quarterly subscriptions. L1EF is providing a subscription that starts at $2,500 a quarter for a minimum of four quarters.

Vessenes expressed his hopes in an investor letter that L1EF will help Lamina1 achieve its objectives of building an open metaverse. It gives financial access to the platform as extensively as possible.

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Blockchain Metaverse Web3 Lamina1 Lamina1 Ecosystem Fund (L1EF)
Lamina1 Launches Rolling Fund for Web3 Builders
Gungun Bhatia
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.

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