Oasis Ecosystem Fund Backed by Binance Labs for $40 Million

TokenInsight news, the privacy computing network Oasis Ecosystem Fund has received $40 million in support from Binance Labs to support the development of projects in the areas of Oasis Eco DeFi, Data DAO, NFT, and Metaverse to drive further prosperity in the Oasis ecosystem. The fund is currently at $200 million. The Oasis Network is Layer 1's decentralized blockchain network designed to enable data privacy in DeFi, DApp, NFT, DAO, and other Web3 applications. Other participants that have previously invested in the fund include AME Cloud Ventures, Dragonfly Capital Partners, FBG, Jump Capital, Hashed, NGC Ventures, Pantera Capital, and others.