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KuCoin Offers $100 Million to Support Early-Stage NFT Projects

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More companies are investing in their NFT marketplaces. The latest brand doubling down on its effort in NFTs is the cryptocurrency exchange KuCoin.

such a product called Line NFT. As the industry attracts investments from financial institutions, major crypto exchanges have all doubled down on their marketplaces to acquire a more significant share of the quickly growing NFT market.

This project will invite 99 NFT creators to join the Windvane NFT marketplace to accelerate the growth of Web 3.0, the release stated. Given the support from the fund, young artists and creators will be able to showcase their talents in a “democratic, decentralized NFT marketplace.”

 

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