DWF Labs is the new generation Web3 investor and market maker, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.
Key highlights:
- DWF Labs has launched a $20 million Cloudbreak Fund for Web3 projects in Chinese-speaking regions.
- The fund focuses on GameFi, SocialFi, Memecoins, Derivatives, and Layer 1/Layer 2 infrastructure.
- DWF Labs aims to provide financial backing and strategic resources to accelerate project growth.
They have announced the launch of the $20 million USD Cloudbreak Fund to empower promising Chinese-speaking region projects and founders with investments and strategic resources.
DWF Labs remains a strong supporter of the Web3 industry through times of market fluctuations. To show our commitment, we’re launching our $20 million USD Cloudbreak Fund to empower promising Chinese-speaking region projects and founders with substantial investments and strategic… pic.twitter.com/Uhdzytl9aN
— DWF Labs (@DWFLabs) July 4, 2024
Introduction of the Cloudbreak Fund
DWF Labs has announced the creation of a $20 million Cloudbreak Fund that is aimed at empowering promising Web3 projects in Chinese-speaking regions. This initiative is set to provide significant investments and strategic resources to foster growth and innovation.
The Cloudbreak Fund will support projects across various sectors, including GameFi, SocialFi, Memecoins, Derivatives, and Layer 1/Layer 2 infrastructure. These areas have shown tremendous potential and are poised for substantial growth with the right support.
Projects operating in these categories are encouraged to apply for the Cloudbreak Fund to accelerate their development and grow bigger in the Web3 ecosystem.
About DWF Labs
“We have been collaborating with founders in Chinese-speaking regions since 2018. Their culture and work ethic are commendable. Projects in these regions have seen significant growth recently and need dedicated support to reach their full potential. The Cloudbreak Fund is designed to unlock this potential.”—Andrei Grachev, Managing Partner at DWF Labs
DWF Labs, with its experience as a Web3 investor and market maker, offers financial backing and access to a network of over 700 projects. The firm is recognized as Bybit’s Best Liquidity Provider of 2024. They also provide a range of services including wallet integrations, hackathons, funding initiatives, and grant programs. They support blockchains such as TON, Algorand, Gala Chain, and Klatyn, along with strategic brand and marketing distribution and a strong Key Opinion Leader (KOL) network.
Earlier this year, DWF Labs also renewed its commitment to the MENA region by partnering with DMCC. They are offering a new $5 million growth platform for Web3 and blockchain businesses in Dubai.
Dubai’s DMCC Crypto Center and Enya Labs Join Forces to Drive Web3 Growth
The Cloudbreak Fund highlights DWF Labs’s dedication to fostering innovation and growth in the Web3 space. By focusing on projects in Chinese-speaking regions, the fund aims to help local projects reach a global audience and explore new Web3 use cases.
The bottom line
The $20 million Cloudbreak Fund by DWF Labs represents an opportunity for Web3 projects in Chinese-speaking regions to receive the support and resources needed to achieve their full potential. With its strategic investments and support system, DWF Labs is well-positioned to drive growth and innovation in the Web3 ecosystem.
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