Crypto exchange KuCoin’s venture capital arm and nonfungible token (NFT) marketplace have launched a $100 million “Creators Fund” to help bootstrap early-stage NFT projects at the intersection of art, sports and GameFi.

KuCoin Ventures has teamed up with Windvane NFT to create the fund, which will help creators and artists showcase their work to wider audiences. The announcement was made Tuesday by the two companies. The fund’s mandate is to support promising NFT projects that are contributing to the development of Web3, which refers to the next iteration of the internet powered by blockchain technology.