LayerZero Foundation is launching lzCatalyst, a program dedicated to connecting the best builders with the best venture capital firms in crypto.
As lzCatalyst launch partners, a16z Crypto, Animoca Brands, Atrum, Delphi Ventures, Faction, Franklin Templeton, King River, Lightspeed, PayPal Ventures, and Spartan have the option to invest up to $300M to support the development of novel omnichain applications built on LayerZero.
The lzCatalyst initiative is designed to empower developers with access to significant capital and resources. Participating funds are incentivized to directly invest up to $300 million into projects integrating LayerZero, but will independently maintain their respective diligence and investment processes. Projects that receive meaningful investment from one partner fund or participation from 2+ partner funds in a given round will be eligible to receive additional strategic capital investment directly from the LayerZero Foundation.
https://x.com/layerzero_core/status/1836037465884577894 7 replies
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