WeFund and VeBank Incubation Fellowship
WeFund is officially announcing its incubation fellowship with VeBank to prepare VeBank to raise funds via WeFund’s crowdfunding platform and scale its model accordingly.
WeFund acts as an incubator for early-stage projects with innovative and exciting value propositions. But may need help from experts, advisors, or additional technology resources to get off the ground. They are now working directly with VeBank, a one-stop DeFi platform providing both core trading (DEX), lending functionality, and key infrastructures for VeChain.
VeBank is a one-stop DeFi platform built on VeChain, an EVM-compatible blockchain. VeBank takes full advantage of VeChain’s high scalability and fast & low-cost transactions with instant finality. It enables projects to utilize token swap with automated market maker exchange, bringing about liquidity, and revenue from those swap fees. VeBank offers lending and borrowing to use assets as either depositors or borrowers via collateral. It also offers farm and stake for regular users.
WeFund believes VeBank is providing essential infrastructure to the VeChain network and benefitting VeChain’s mission to solve major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals.
About VeBank
VeBank is a one-stop DeFi platform built on VeChain, an EVM-compatible blockchain. VeBank takes full advantage of VeChain’s high scalability, fast & low-cost transactions with instant finality.
About WeFund
WeFund is a multichain incubation and crowdfunding platform for blockchain projects with real-world applications and utility. WeFund’s mission is to host high-quality projects that align with WeFund’s investor community and have real-world applications. By leveraging blockchain technology for 100% transparency and managing funds using milestones managed by smart contracts for investor security.
They can also incubate and crowdfund diverse blockchain and real-world projects, bridging the gap between the real world and blockchain. In addition to this, WeFund is being developed to be a 360-degree incubation service for projects hosted on the WeFund platform through support and guidance before, during, and after funding has been completed.
SOURCE: MEDIUM
