HBAR Foundation commits $250M to drawing Metaverse apps to Hedera
Hedera Hashgraph is eyeing the metaverse with its latest venture fund, saying on Thursday that will put $250 million in HBAR tokens toward its development.
The metaverse fund targets business-to-consumer and business-to-business-to-consumer projects that Hedera hopes will bring users into Web 3 and its ecosystem, with a focus on gaming and virtual worlds, consumer brands and collectibles, sports and fan engagement and enterprise metaverse.