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$160M Oasis Foundation Fund for DeFi, NFTs, Metaverse, and Privacy Applications -Breaking

by Mike Robinson

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$160M Oasis Foundation Fund For DeFi, NFTs Metaverse and Privacy Applications

Oasis is the world’s leading blockchain platform that enables privacy and proof-of-stake. Oasis has launched a $160 Million Oasis Ecosystem Fund. This money will be used to support Oasis Network founders as well as projects. The projects will include DeFi, NFTs and Metaverse as well as DAOs, Data Tokenization, Privacy Apps, Gaming, and Other Web3 Applications.

AME Cloud Ventures is one of Oasis Network’s investment partners. Draper Dragon and Draper Dragon are also Oasis Foundation investors.

“Oasis is the leading privacy-enabled, scalable blockchain platform. We are a strong believer of Oasis’s vision and proud to be part of the Ecosystem Fund and help drive blockchain technology forward,”
Jerry Yang is the co-founder of Yahoo! and Founding Partner at AME Cloud Ventures.

Oasis Network works well for DeFi because it offers immediate finality, high throughput and strong security architecture. It also has much lower gas prices (especially in comparison to ).

Open Finance has been revolutionized and adapted to the mass market. The team created tokenized data that allows users to take control of their data and to earn rewards when they stake. The first ever responsible data economy is created by this system.

To The Flipside

  • DeFi’s expansion might be limited by high fees and self-motivated trading. Oasis might be the solution.

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