Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BLOCKCHAIN NEWS»The Avalanche Foundation uses Culture Catalyst’s funds to fund select meme coins.
BLOCKCHAIN NEWS

The Avalanche Foundation uses Culture Catalyst’s funds to fund select meme coins.

By Crypto FlexsDecember 29, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The Avalanche Foundation uses Culture Catalyst’s funds to fund select meme coins.
Share
Facebook Twitter LinkedIn Pinterest Email

Initially founded as a program aimed at ‘sparking innovation’, Avalanche’s Culture Catalyst will now use the funds to purchase meme coins.

The Avalanche Foundation said in a December 29

Last year, the Avalanche Foundation launched Culture Catalyst, a program aimed at empowering creators, sparking innovation, and driving blockchain adoption. This initiative seeks to better position the Avalanche to cultivate and support a variety of new forms of creativity.

— Avalanche 🔺 (@avax) December 29, 2023

Founded in March 2022, the Culture Catalyst initiative initially aimed to “empower creators, spark innovation, and drive blockchain adoption,” as the foundation notes.

Launched in partnership with web3 chat app OP3N, Avalanche’s $100 million plan was originally intended to “develop the web3 creative community by funding NFT projects in music, film, entertainment, gaming and digital sectors and has nothing to do with meme coins.” There is no.” Like “art” famous OP3N CEO Jason Ma

However, as the craze for meme coins continues to spread, the foundation appears to have shifted its priorities, with Avalanche claiming its latest move is to ‘complement’ participation across the cryptocurrency ecosystem.

“By embracing meme coins and supporting culturally significant initiatives, the Avalanche Foundation solidifies its commitment to adaptability and inclusivity, establishing itself as a dynamic participant in the web3 space.”

Avalanche Foundation

The foundation said its criteria for selecting a meme coin for funding will be based on several factors, including number of holders, liquidity threshold, project maturity, overall social sentiment and “fair launch” principles. However, the Avalanche did not elaborate on the latter criteria.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

British trail EU, US encryption regulation, think tank warning

June 22, 2025

ZKJ Crypto Price Pumps 20%: Dead Cat Bounces?

June 17, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Smart choice for passive income amid cryptocurrency market volatility

November 26, 2023

Introducing Kraken – Kraken Blog Kraken Blog

February 28, 2024

Cardano (ADA) faces a new downtrend: Key factors in the downtrend

July 18, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.