According to BlockBeats, on September 18, according to official news, the LayerZero Foundation announced the launch of lzCatalyst, a program dedicated to connecting the best builders with the best venture capital firms in the crypto field.
As launch partners of lzCatalyst, a16z Crypto, Animoca Brands, Atrum, Delphi Ventures, Faction, Franklin Templeton, King River, Lightspeed, PayPal Ventures, and Spartan have the option to invest up to $300 million to support the development of new full-chain applications built on LayerZero.
The lzCatalyst program is designed to give developers access to significant funding and resources. Participating funds will receive incentives but will independently maintain their own due diligence and investment processes.
