The EOS Network Foundation (ENF) is excited to announce that EOS Network Ventures (ENV) has strategically invested $500k into EZ Swap, contributing to its successful second fundraising round in December 2023, which secured a total of $1 million. This investment, led by ENV and bolstered by significant support from other major investors like IOBC Capital and Momentum Capital, will play a crucial role in enhancing the gaming asset and smart inscription protocol landscape. This move not only empowers EZ Swap to expand its technological capabilities and innovate within the realm but also enriches the entire EOS ecosystem with advanced gaming solutions and expanded cross-chain functionalities.
Take a look at the official announcement and continue reading to discover more about EOS Network Ventures and EZ Swap. Towards the end of this article, well explore ways you can engage with EZ Swap following this exciting development and outline the opportunities available for other projects interested in securing investment from ENV.
Empowering Blockchain Gaming: ENVs Strategic Investment Fuels Growth
ENV is a venture capital fund whose mission is to attract capital investment and deploy that capital for the benefit of the EOS Network as a whole. The organization is in the process of making a number of strategic investments in alignment with this mission. EZ Swap is an important part of that vision, bringing innovative decentralized NFT exchange solutions and smart inscription protocols to the EOS Network and helping to foster a robust and efficient gaming asset economy within the EOS community. This investment will enhance liquidity, facilitate community engagement, and drive technological advancement, positioning the EOS Network at the forefront of the evolving digital asset landscape.
EZ Swap is setting a new standard for gaming asset transactions and inscription technologies. By leveraging the Automated Market Maker (AMM) mechanism, EZ Swap provides a seamless and efficient trading environment that directly integrates with games. This not only revolutionizes how gaming assets are traded and utilized but also opens up new avenues for gamers and developers alike, enhancing the entire gaming experience.
Through this investment, the ENV aims to support EZ Swap on their mission to democratize access to gaming assets and inscriptions, making them more accessible and efficient for users across multiple chains. At the same time, this investment will drive value back to the network by attracting new users, fostering innovative gaming solutions, and enhancing the overall utility and performance of the EOS ecosystem.
We are thrilled to be partnering with EZ Swap, says Yves La Rose, Director of ENV and Founder & CEO of the ENF. This partnership aligns perfectly with our vision of not only advancing the EOS ecosystem but also shaping the future of blockchain gaming. EZ Swaps innovative approach to NFT exchange and inscription technology will bring unprecedented value and opportunities to our community, and were excited to see where this collaboration will lead us.
Learn More & Get Involved
Along with the investment from ENV, community members can expect to see a lot more news and updates coming from EZ Swap over the next few months. EZ Swap is set to introduce an NFT perpetual contract market to increase community engagement and participation in NFT projects. This move is aimed at broadening the scope of trader involvement in asset pricing and providing a more dynamic and inclusive market environment.
The team is also working diligently on enhancing the protocols capabilities and user interface, ensuring a seamless and user-friendly experience for both gamers and developers. Additionally, expect advancements in smart inscription protocols, aiming to leverage the full potential of this technology in gaming.
To stay in the loop on all of this, be sure to connect with EZ Swap in the following places:
EOS Network Ventures is constantly looking for new projects that can play a role in growing the adoption of EOS. If you are involved in a project or know of a project that youd like to share with the ENV team, you can email EOS Labs with your pitch deck and other relevant information.
EZ Swap is revolutionizing the gaming industry as the premier Game NFT DEX Protocol and Smart Inscription Protocol. It stands out as the first platform enabling games to trade their assets seamlessly using an innovative in-game Liquidity Pool (LP) system. This system allows for the creation of LPs with NFTs and ERC-20 tokens, facilitating dynamic asset market-making without incurring fixed costs. This approach effectively controls prices and generates significant wealth effects. Additionally, EZ Swap pioneers in the field of smart inscription trading, tapping into the potential of inscription gaming. With its potential to attract millions of users, EZ Swap is poised to lead the next wave of gaming and inscription trends.
EOS Network Ventures
EOS Network Ventures (ENV) is a venture capital fund with a mission to attract capital investment and deploy that capital for the benefit of the EOS Network as a whole. A portion of this capital is funded by the EOS network on behalf of EOS token holders, with the remainder of funding coming through partnerships with external liquidity providers. EOS Network Ventures makes strategic equity and token-based investments into tech startups across the Web3 space that are deploying on the EOS Network. The intent of these investments is to support the adoption of the EOS Network into innovative new business models that leverage blockchain technology.
About EOS Network
The EOS Network is a 3rd generation blockchain operating system powered by a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal Web3 user and developer experiences. The network features an enterprise grade Ethereum Virtual Machine housed within an EOS smart contract that offers feature parity to Ethereum with unmatched speed, performance and compatibility, connecting the EOS Network to the Ethereum ecosystem.Learn more at eosnetwork.com.About ESCCThe EOS Stable Coin Chain (ESCC) stands out in the blockchain landscape as a specialized solution for stablecoin transactions. Combining the EOS native system's high performance with the EOS EVM architecture's compatibility advantages, ESCC focuses on efficiently processing stablecoin transactions. Its approach to using stablecoins as gas fees represents a groundbreaking step in mitigating the volatility often associated with digital currency transactions.
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EOS Network Foundation