According to official news from ChainCatcher, SevenX Ventures will cooperate with everVision and BuidlerDAO to launch a $10 million AO Ecosystem Fund to invest in and incubate early projects in the AO ecosystem and help accelerate the development of the entire ecosystem. In addition to financial support, everVision will also provide technical support to help projects better develop within the AO ecosystem, and BuidlerDAO will organize hackathons and acceleration camps to lower the threshold for developers and entrepreneurs to enter the ecosystem and guide them to achieve sustainable development.
Eraser, founding partner of SevenX Ventures, mentioned, “As an early supporter who has been paying attention to and continuously investing in the Arweave ecosystem since 2011, SevenX is also optimistic about the prospects of AO. We are very happy to cooperate with SevenX’s portfolio, everVision and BuidlerDAO, to launch the first AO ecosystem fund, hoping to help developers better access the AO ecosystem and contribute to the prosperity of the ecosystem.”