Mark Cuban-Backed Multichain Wallet Launches $3 Million Aptos Ecosystem Fund to Onboard New Users

Multichain wallet blocked $3 million The Aptos Ecosystem Fund aims to help new users join Aptos. In addition to financially supporting projects, the Aptos Fund will be used to support projects that stand out when they reach the “user acquisition phase”.

Access to Aptos’ internal and external investor base

Multi-chain wallet and crypto ecosystem, her Blocto, $3 million in his Aptos ecosystem announced the launch of the fund. Onboard new users to her Aptos. This is a Layer 1 proof-of-stake blockchain. The fund’s launch follows the recent integration of Blocto and Aptos, where “in his first week he reportedly had over 300,000 users set up his Aptos wallet.”

According to a statement shared on Bitcoin.com News, the billionaire’s Blocto, backed by Mark Cuban, has been funded by him to Aptos to financially support mutually beneficial projects. We plan to use the Ecosystem Fund. Blocto not only provides financial support, but also backs outstanding projects when they reach the “user acquisition phase”. The statement added that only select Aptos teams will have access to Blocto’s “internal and external investor base and financial marketing support.”

“Future Prosperous Ecosystem Growth”

Hsuan Lee, co-founder and CEO of Blocto, on the integration of his own company and his Aptos He said:

We were looking for a promising blockchain ecosystem with long-term potential, and Aptos caught our attention. It aims to make blockchain accessible to the average user and has accumulated a lot of momentum in the developer community, even in the current market conditions.

Lee’s Co-founder and COO of Blocto says the two companies share a similar vision and is optimistic that “future prosperous ecosystem growth” is just around the corner. Told.

Aptos co-founder and CEO Mo Shaikh hopes Blocto will integrate with his Aptos ecosystem to “strengthen this [ecosystem] for the community.” He said he does.

On the other hand, the statement cites Lee’s thoughts on projects being developed during bearish market conditions.

“Many of the Blocto team have been in the Web3 industry for several years already. This bearish market is the perfect time to build and refine our products for the next wave of crypto adoption.” We know one thing: Historically, those projects that continue to develop during recessions have the greatest impact when sentiment reverses,” Lee explained.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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