{"id":10189,"date":"2022-04-19T12:43:00","date_gmt":"2022-04-19T12:43:00","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/"},"modified":"2022-04-19T12:43:01","modified_gmt":"2022-04-19T12:43:01","slug":"kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/","title":{"rendered":"KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users"},"content":{"rendered":"<div>\n<figure class=\"image\"><figcaption>Source: AdobeStock \/ AndriiKoval<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>Major international crypto exchange <strong>KuCoin<\/strong> has launched a USD 100m fund to support artists behind early-stage non-fungible token (NFT) projects across a variety of niches.<\/p>\n<p>The new fund, launched through <strong>KuCoin Ventures<\/strong> and the exchange\u2019s new NFT marketplace <strong>Windvane<\/strong>, will provide support for NFT projects in fields ranging from arts, sports, profile pictures (PFPs), Asian culture, celebrities, GameFi (gaming + DeFi), and other niches, an announcement from KuCoin said on Tuesday.<\/p>\n<p>According to the announcement, the new incubation fund will help young artists in particular, allowing them to show their talent on the Windvane platform. The platform is described by KuCoin as \u201ca much more open, free, equal, and democratic decentralized NFT marketplace.\u201d<\/p>\n<p>In addition to supporting young and new artists, the fund will also allocate capital to established NFT projects with \u201cstrong teams and innovative technology.\u201d The fund will aim to facilitate the development of the NFT space in general, as well as contribute to building a diverse Web 3.<\/p>\n<p>\u201cThe [USD] 100M \u2018Creators Fund\u2019 will support NFT creators and projects, which will further consolidate the metaverse infrastructure. We are pleased to see the rapid development of NFTs and their integration with sports, culture, games, celebrities, etc.,\u201d commented KuCoin CEO Johnny Lyu.<\/p>\n<p>Lyu added that KuCoin\u2019s new NFT marketplace Windvane will work to build a bridge between Web2 and Web3 by creating \u201ca more integrated NFT world\u201d where the entry barrier for new users is low.<\/p>\n<p>KuCoin was the 6<sup>th<\/sup> largest spot crypto exchange by 24-hour trading volume as of Tuesday, ahead of rivals such as <strong>FTX<\/strong> and <strong>Coinbase<\/strong>, per data from CoinGecko.<\/p>\n<p>____<\/p>\n<p><strong><\/strong><br \/>&#8211; KuCoin&#8217;s NFT Move<br \/>&#8211; KuCoin Makes a USD 100M Bet on Metaverse<\/p>\n<p>&#8211; KuCoin Expands Euro Operations By Integrating SEPA Support<br \/>&#8211; Final Fantasy Developer Braves Wrath of Gamers with Blockchain Gaming Statements<\/p>\n<p>&#8211; NFTfi Eyes Massive Growth for NFT Lending; CryptoPunks, BAYC &amp; Art Blocks Most Common Collateral<br \/>&#8211; Play-to-Earn Bitcoin Games: How Lightning Network Enables Gamers to Earn Sats<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Source: AdobeStock \/ AndriiKoval \u00a0 Major international crypto exchange KuCoin has launched a USD 100m fund to support artists behind early-stage non-fungible token (NFT) projects across a variety of niches. The new fund, launched through KuCoin Ventures and the exchange\u2019s new NFT marketplace Windvane, will provide support for NFT projects in fields ranging from arts, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-10189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Source: AdobeStock \/ AndriiKoval \u00a0 Major international crypto exchange KuCoin has launched a USD 100m fund to support artists behind early-stage non-fungible token (NFT) projects across a variety of niches. The new fund, launched through KuCoin Ventures and the exchange\u2019s new NFT marketplace Windvane, will provide support for NFT projects in fields ranging from arts, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/\" \/>\n<meta property=\"og:site_name\" content=\"NFT &amp; Crypto News\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-19T12:43:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-19T12:43:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/04\/adobestock-andriikoval-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"781\" \/>\n\t<meta property=\"og:image:height\" content=\"521\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/\"},\"author\":{\"name\":\"Staff\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/352194e8b0cb9ae3ad5480e201b5f792\"},\"headline\":\"KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users\",\"datePublished\":\"2022-04-19T12:43:00+00:00\",\"dateModified\":\"2022-04-19T12:43:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/\"},\"wordCount\":340,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/04\/adobestock-andriikoval-1.jpeg\",\"articleSection\":[\"NFT\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/\",\"url\":\"https:\/\/nftandcrypto-news.com\/nft\/kucoin-launches-usd-100m-nft-fund-to-empower-artists-lower-barriers-for-users\/\",\"name\":\"KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users | NFT &amp; 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