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The LayerZero Foundation launches the lzCatalyst program, connecting developers and venture capital firms.
PANews September 18th news, the LayerZero Foundation has launched the lzCatalyst program, which aims to connect top developers with the best venture capital institutions in the encryption industry. As the launch partner of lzCatalyst, institutions such as a16z Crypto, Animoca Brands, Delphi Ventures, PayPal Ventures, etc., can choose to invest up to 300 million U.S. dollars to support innovative Cross-Chain Interaction applications built on LayerZero. The program provides developers with sufficient funds and resources. Participating in the fund can directly invest in projects, and investment decisions will remain independent. If the project receives investment support from multiple funds, it can also receive additional strategic funds from the LayerZero Foundation.