DWF Labs, a renowned web3 investor, is launching a $20 million Cloudbreak fund to support Chinese projects in this area. 🚀 The fund is focused on a wide range of sectors, including layer-1/layer-2, memecoins, derivatives, SocialFi, GameFi and AI projects. Despite recent accusations of market manipulation from Binance, DWF Labs continues to actively invest in and support the development of the Web3 space.