aelf Establishes Global Center in Singapore to Support the Growth of the Web3 Developer Ecosystem

Layer1 blockchain aelf has established a global center in Singapore to support the growth of Web3 developers' ecosystem in the Asia-Pacific region and beyond. The initiatives include:

• Introduction of TMRWDAO to foster cross-industry sharing and collaboration.

• Launching the aelevate program, providing up to $150,000 in funding to Web2 game studios to facilitate the integration of their gaming experiences with Web3.

• Unveiling a $50 million venture capital fund called aelf Ventures.

In previous announcements, Layer1 blockchain aelf disclosed the formation of the aelf Ventures division and the launch of a $50 million aelf ecosystem fund, with investment focus spanning areas such as gaming, DeFi, NFTs, and public goods, among others.