NBA Top Shot’s host blockchain, Flow, is getting a $725 million boost through a new ecosystem fund
backed by its parent’s company’s investment arm, Dapper Ventures, and a high-profile group of investors including Andreessen Horowitz, Coatue and Digital Currency Group, among others.
Flow’s fund is only the latest in a series of nine and ten-figure incentive programs aimed at further adoption. Some of the largest such efforts include Binance’s $1 billion fund for its Binance Smart Chain and NEAR’s DeFi-focused $800 million fund. But instead of having one team distribute the funds, Flow’s new vehicle will accommodate participating investors’ individual allocation decisions.
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