{"id":61250,"date":"2022-05-10T17:58:17","date_gmt":"2022-05-10T14:58:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61250"},"modified":"2025-09-05T11:04:49","modified_gmt":"2025-09-05T08:04:49","slug":"dapper-labs-raises-725-million-for-flow-blockchain-ecosystem-fund","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/dapper-labs-raises-725-million-for-flow-blockchain-ecosystem-fund\/","title":{"rendered":"Dapper Labs raises $725 million for Flow blockchain ecosystem fund"},"content":{"rendered":"<p>The Flow blockchain-related startup Dapper Labs raised $725 million for an ecosystem development fund. The funds were provided by Andreessen Horowitz, Coatue, Greenfield One, Liberty City Ventures, Digital Currency Group, Dapper Ventures and others.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today, <a href=\"https:\/\/twitter.com\/flow_blockchain?ref_src=twsrc%5Etfw\">@flow_blockchain<\/a> is announcing a $725 Million ecosystem fund to accelerate growth across the entire Flow ecosystem <\/p>\n<p>The largest joint commitment made towards ANY blockchain ecosystem, available for both existing &#038; future developers <a href=\"https:\/\/twitter.com\/hashtag\/onFlow?src=hash&#038;ref_src=twsrc%5Etfw\">#onFlow<\/a> \ud83c\udf0a<\/p>\n<p>\ud83d\udc49: <a href=\"https:\/\/t.co\/Z1ney3gwCZ\">https:\/\/t.co\/Z1ney3gwCZ<\/a> <a href=\"https:\/\/t.co\/DSa2ZjNSxc\">pic.twitter.com\/DSa2ZjNSxc<\/a><\/p>\n<p>\u2014 Dapper Labs (@dapperlabs) <a href=\"https:\/\/twitter.com\/dapperlabs\/status\/1524020255445729281?ref_src=twsrc%5Etfw\">May 10, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Flow blockchain-related startup Dapper Labs raised $725 million for an ecosystem development fund. The funds were provided by Andreessen Horowitz, Coatue, Greenfield One, Liberty City Ventures, Digital Currency Group, Dapper Ventures and others.<\/p>\n<p>The fund will allocate financing in FLOW tokens and fiat to support developers building <span data-descr=\"decentralized applications\" class=\"old_tooltip\">dapps<\/span>. The structure will focus on developing games, infrastructure, DeFi and content.<\/p>\n<p>Each sponsor is expected to offer its own support to selected projects and make funding decisions independently. The Dapper Labs team may act as a coordinator, according to <a href=\"https:\/\/decrypt.co\/99802\/flow-raises-725-million-for-ecosystem-grants-a16z-and-dcg-among-funders\">Decrypt<\/a>.<\/p>\n<p>Launched in 2019, the platform hosts well-known NFT applications such as CryptoKitties, NBA Top Shot, NFL All Day and UFC Strike, as well as many other <a href=\"https:\/\/forklog.io\/nft-proekt-genies-privlek-150-mln-pri-otsenke-v-1-mlrd\/\">\u043f\u0440\u043e\u0435\u043a\u0442 Genies<\/a>.<\/p>\n<p>According to <a href=\"https:\/\/flowscan.org\/metrics\/blocks?interval=Monthly\">Flowscan<\/a>, the number of monthly transactions on the Flow blockchain rose from 3.9 million in September to a record high of 11.8 million in February. In April the figure stood at 11.4 million. In recent weeks the platform has registered a record number of new users and daily transactions.<\/p>\n<p>In February, Circle, the operator of USDC, announced the launch of the stablecoin on the Flow blockchain.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Flow blockchain-related startup Dapper Labs raised $725 million for an ecosystem development fund. The funds were provided by Andreessen Horowitz, Coatue, Greenfield One, Liberty City Ventures, Digital Currency Group, Dapper Ventures and others.<\/p>\n","protected":false},"author":1,"featured_media":61251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1577,1952,1133],"class_list":["post-61250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dapper-labs","tag-flow-blockchain","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=61250"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61250\/revisions"}],"predecessor-version":[{"id":61252,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61250\/revisions\/61252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/61251"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=61250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=61250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=61250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}