Solana commits $100 million to support South Korean crypto projects
Solana will pump up to $100 million into South Korean crypto startups as it looks to penetrate a developer market still reeling from last month’s Terra ecosystem collapse.
Two key players in the speedy network’s ecosystem, Solana Ventures and the Solana Foundation, will seed investments and grants “across all web3 verticals,”. But their emphasis will be on courting South Korea’s crypto games development sector.