Bitrue launches $40 million fund for Web3 projects 🚀

• Bitrue Ventures is committing $40 million to Web3 startups.

• Projects can receive up to $200,000 and development, management and communications support.

• Priority areas: AI, tokenization of real assets, GameFi, DePIN and DeFi.

• Bitrue recently lost $23 million due to a hot wallet hack, but promises to compensate users for the losses.