{"id":75846,"date":"2023-03-20T14:18:52","date_gmt":"2023-03-20T12:18:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75846"},"modified":"2025-09-10T13:57:04","modified_gmt":"2025-09-10T10:57:04","slug":"eos-network-foundation-to-invest-20-million-in-eos-evm-and-gamefi-projects","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/eos-network-foundation-to-invest-20-million-in-eos-evm-and-gamefi-projects\/","title":{"rendered":"EOS Network Foundation to invest $20 million in EOS EVM and GameFi projects"},"content":{"rendered":"<p>The EOS Network Foundation (ENF) venture arm will invest $20 million in the development of applications and gaming products on the EOS network following the launch of the Ethereum Virtual Machine (<span data-descr=\"Ethereum Virtual Machine, the Ethereum virtual machine\" class=\"old_tooltip\">EVM<\/span>) in April.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">BREAKING NEWS<\/p>\n<p>EOS Network Ventures (ENV) is making a formal commitment to invest $20M directly into <a href=\"https:\/\/twitter.com\/search?q=%24EOS&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$EOS<\/a> EVM and GameFi projects!<\/p>\n<p>In addition to being BY FAR the fastest EVM, EOS EVM will also have the most funding available for builders.<a href=\"https:\/\/twitter.com\/hashtag\/EOS?src=hash&#038;ref_src=twsrc%5Etfw\">#EOS<\/a> is officially open for business! <a href=\"https:\/\/t.co\/xAYIHoLB4O\">pic.twitter.com\/xAYIHoLB4O<\/a><\/p>\n<p>\u2014 Yves La Rose (@BigBeardSamurai) <a href=\"https:\/\/twitter.com\/BigBeardSamurai\/status\/1637611685442727936?ref_src=twsrc%5Etfw\">March 20, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;EOS Network Ventures is taking on an official commitment to directly invest $20 million in EOS EVM and GameFi projects,&#8221; said ENF CEO Yves La Rose.<\/p>\n<\/blockquote>\n<p>According to him, the April 14 launch of Ethereum technology on EOS will &#8220;define the limits of what the EVM can do.&#8221; The rollout will provide speeds 25 times faster than Avalanche and will be three times faster than Solana and BNB Chain, La Rose asserted.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/XBXW7yEGmjB3YcDjum4H2eTLBaJrVELWBtVP1AdIiM9DRCr1Ha4-gOHlZr9nKIivyFYn_ougw0GaDp8tOwZkktTH0kf2JWrhF_hFofzsFT_3TRtbNypEZQc7LxPus3bS0Foosma9wCJD6q9QHLTqnjA\" alt=\"EOS Network Foundation \u0432\u044b\u0434\u0435\u043b\u0438\u0442 $20 \u043c\u043b\u043d \u043d\u0430 \u043f\u043e\u0434\u0434\u0435\u0440\u0436\u043a\u0443 \u043f\u0440\u043e\u0435\u043a\u0442\u043e\u0432 \u0432 \u0441\u0435\u0442\u0438\"\/><figcaption>Source: ENF.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;With $20 million for EVM projects, we expect a mass influx of developers eager to take advantage of the funding opportunities,&#8221; wrote the head of ENF.<\/p>\n<\/blockquote>\n<p>In 2018, the project conducted <a href=\"https:\/\/forklog.com\/en\/news\/what-is-an-ico-and-can-you-profit-from-it\">ICO<\/a> for a record-breaking sum for the industry \u2014 more than $4 billion.<\/p>\n<p>In February 2023, BitDAO community members proposed creating a fund to support ecosystem projects worth <a href=\"https:\/\/forklog.com\/en\/news\/bitdao-participants-to-vote-on-creating-a-200-million-ecosystem-investment-fund\">$200 million<\/a>.<\/p>\n<p>Earlier, the Venom Foundation blockchain platform developer, in partnership with Iceberg Capital, created an investment structure for these aims <a href=\"https:\/\/forklog.com\/en\/news\/venom-foundation-launches-1-billion-fund-to-invest-in-web3\">with a capital of $1 billion<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EOS Network Foundation (ENF) venture arm will invest $20 million in the development of applications and gaming products on the EOS network after the EVM launch in April.<\/p>\n","protected":false},"author":1,"featured_media":75847,"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":[817],"class_list":["post-75846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-eos"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75846","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=75846"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75846\/revisions"}],"predecessor-version":[{"id":75848,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75846\/revisions\/75848"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/75847"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=75846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=75846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=75846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}