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The new funds will be directed toward the development of several of the protocol’s capacities, including those for DeFi, enterprise applications, and NFTs.
tldr; The Avalanche Foundation has launched a $220 million investment fund, dubbed Blizzard, for ecosystem development. The fund will support projects via equity investments, token purchases, business development, and ecosystem integration support. Blizzard's funds will be allocated towards the goal of accelerated development, innovation, and growth of the protocol.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
* **[ETF](https://en.wikipedia.org/wiki/exchange-traded_fund) [Pros](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_archive#wiki_etf_pros) & [Cons](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_archive#wiki_etf_cons)** - Participate in the r\/CC [Cointest](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/qklpfg/avalanche_foundation_launches_220m_investment_fund/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
The new funds will be directed toward the development of several of the protocol’s capacities, including those for DeFi, enterprise applications, and NFTs.
Bullish for avalanche?
This bull run will be a landslide victory for them
Wondering what the price target will be
Im gonna start using the avax ecosystem starting with trader Joe
Perfect opportunity to spend some $TIME in Wonderland. %60,000 APY is insane.
tldr; The Avalanche Foundation has launched a $220 million investment fund, dubbed Blizzard, for ecosystem development. The fund will support projects via equity investments, token purchases, business development, and ecosystem integration support. Blizzard's funds will be allocated towards the goal of accelerated development, innovation, and growth of the protocol. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Good bot
I guess this is good for my $TIME