According to BlockBeats, on September 4, consumer-grade public chain Morph and Foresight Ventures announced the launch of a $20 million Morph Ecosystem Fund. The initiative aims to accelerate the development and deployment of consumer-grade blockchain projects within the Morph ecosystem and the broader Web3 industry.

The ecosystem fund will provide a comprehensive and systematic plan, including cutting-edge blockchain infrastructure for early-stage consumer-grade blockchain projects. It will also offer financial support and holistic guidance, encompassing investment, financing, promotion, technical and operational expertise, and assistance with exchange listings.