Core DAO, an organization committed to the development of the Satoshi Plus ecosystem, has introduced a $200 million Ecosystem Fund aimed at speeding up the development of decentralized applications and protocols built on the Core layer-1 blockchain.
According to two press releases seen by Cointelegraph, one from CoreDAO and one from Bitget, The Ecosystem Fund — which is supported by strategic partners such as cryptocurrency exchanges Bitget and MEXC — aims to provide financial support to early-stage projects. This support will encompass various areas such as research and development, recruitment, marketing, community-building programs and other essential growth initiatives.