In our efforts to further grow and vitalize the BIFROST Ecosystem, we launched the BIFROST Ecosystem Fund last month. With the Ecosystem Fund, we plan to provide grants to projects participating in the BIFROST Ecosystem so that we can grow together and ultimately better our ecosystem.
We are currently in the process of evaluating various exciting projects that will onboard the BIFROST Ecosystem. Today, we are happy to announce Treasure Labs as one of the selected partners joining BIFROST. Treasure Labs is a company specializing in games, NFT, and the metaverse. It started out with “Treasure Club MASTERS” in October 2021 and sold out 16,384 art collectible NFTs for the first time in Korea. Following the successful launch of the Ethereum-based art character IP “Hero Duck” project, Treasure Labs is running its multichain Web3 content business by launching “N Game Pass,” an NFT for web3 game services on Aptos.
The grant within the BIFROST Ecosystem Fund will be distributed based on each project’s individual performance. Thus, the allocated amount and timing of distribution of the grant may differ for every project. Please look forward to future announcements to learn more about the Ecosystem Fund and about various exciting projects joining the BIFROST Network!