Oasis is thrilled to introduce a substantial $160 million Oasis Ecosystem Fund. Supported by top industry backers, the Oasis Ecosystem Fund is dedicated to helping founders and projects build on the Oasis Network and Ecosystem.
The $160 million investment comprises contributions from several key partners. Some of the partners who invested in the Ecosystem Fund are:
- AME Cloud Ventures
- Dragonfly Capital Partners
- Draper Dragon
- Electric Capital
- Jump Capital
- Kenetic Capital
- NGC Ventures
- Oasis Foundation
- Pantera Capital
The Ecosystem Fund will power the next wave of Oasis applications, such as DeFi, NFTs, Metaverse, data tokenization, data DAO, data governance and privacy applications, and more. These Projects will be empowered by unique capabilities of Oasis technology. Oasis Network is scalable and ideal for DeFi due to its instant finality, 99% lower gas fees versus Ethereum, high throughput, privacy protection and defense against MEV.
The investment will be allocated to support both new startups and existing projects currently building on Oasis. Oasis has an already established partner ecosystem with collaborations in place with companies like Genetica, Nebula, Cryptosafe Alliance by Binance, BMW and many more. It boasts the largest Layer-1 Blockchain University Program, and over 300 teams have applied to the ongoing Oasis Grants Program during the past year.
Oasis is the leading privacy-enabled, layer-1 blockchain network. Combined with its high throughput, low gas fees and secure architecture, the Oasis Network is able to power scalable DeFi, revolutionizing Open Finance and expanding it beyond traders and early adopters to a mass market.Oasis has many key backers including Andreessen Horowitz, Polychain, Pantera, Dragonfly, and Binance Labs.