EOS-Based VC Backs EZSwap: A New Era in Gaming and Smart Inscriptions

• EOS Network Ventures Invests in EZ Swap
• Major Investors Support EZ Swap
• ENV's Role in the Web3 Ecosystem
• About EOS Network
• Protocol Village: An Overview
• Protocol Podcast

EOS Network Ventures Invests in EZ Swap

On January 4, EOS$0.852 -2.05% Network Ventures (ENV) announced its $500K investment in EZ Swap, a multi-chain Non-Fungible Tokens (NFT) Decentralized Exchange (DEX) protocol and digital inscription marketplace. This investment was made during EZ Swap's successful second round of fundraising in December 2023, which raised a total of $1 million.

Major Investors Support EZ Swap

The funding round was led by ENV and garnered support from major investors including IOBC Capital and Momentum Capital. The investment is anticipated to significantly enhance EZ Swap's gaming asset and smart inscription protocol landscape.

ENV's Role in the Web3 Ecosystem

ENV operates as a venture capital fund, making strategic equity and token-based investments into Web3 startups operating on the EOS Network.

About EOS Network

The EOS Network Foundation describes the EOS Network as a third-generation blockchain platform that is powered by the EOS Virtual Machine (VM). This is a low-latency, highly performant, and extensible WebAssembly engine that facilitates deterministic execution of near feeless transactions.

Protocol Village: An Overview

The Protocol Village is a standard feature of The Protocol, a weekly newsletter that delves into the technological aspects of cryptocurrency. Interested readers can subscribe here to receive it in their inbox every Wednesday. Project teams looking to submit updates can do so here. To browse through previous editions of Protocol Village, please follow this link.

Protocol Podcast

Readers are also encouraged to listen to The Protocol's weekly podcast for more insight into the world of crypto.

Edited by Jonathan Stoker