Crypto Exchange OKEx Launches $10M Metaverse Program

Announcements, News | August 23, 2021 By:

Crypto exchange OKEx has kicked off a $10 million metaverse program. With the program, the exchange aims to support the development of the metaverse, and to help accelerate and incubate early-stage GameFi projects.

Apart from project grants and priority listing, the program will also bring recognition to projects that are ready to launch with a metaverse-themed hackathon, in which OKEx BlockDream Ventures will be associating with Animoca Brands, Yield Guild Games and other top global partners to provide the winning team a $1 million grant.

To kick off the program, OKEx CEO Jay Hao commented:

“We are happy to support the metaverse and be involved with the next generation of gaming. The metaverse is more than just going online; it is a virtual world circulating with digital assets and avatars to represent oneself. While we hear a lot of misconceptions about the metaverse, we hope to make it right by being a strong force in the ecosystem and making our involvement an example to show people outside of our community what it is supposed to be.”