Dear LBank Labs Community Members,
 
We are extremely excited to announce that we will be launching the LBank Labs MEME Special Fund in early July. The establishment of this fund is to incentivize high-quality early-stage MEME innovation projects, foster industry growth, and give back to our community.
 
The fund totals $10 million, which will be allocated to qualifying project teams through donations. We look forward to all applying teams to actively join our program and willingly promote it, including but not limited to online social media posts, community dissemination, and proactive spreading with relevant key individuals and KOLs.
 
We are committed to discovering the most innovative and potential MEME projects globally, highlighting LBank's influence and focus in the world's MEME projects.
 
We will allocate funds according to the quality and influence of the projects, set up an honor roll, and publish the donation list from time to time, showcasing project achievements and contributions to the MEME community. The fund is expected to be utilized within the next year, with the first list of donations published in early July.
 
We will announce the specific application process and more details in early July. We warmly welcome all excellent MEME innovation projects and teams worldwide to apply for this special fund, jointly promoting the vigorous development of the industry.
 
LBank Labs is the venture capital arm of the global exchange LBank, dedicated to fostering technological innovation and application development in the blockchain industry. Currently, LBank Labs manages $100 million in assets to support startups and Web3 funds. As of the second quarter of 2023, LBank Labs has invested in 12 Web3 funds and plans to continue expanding its investments in startups and funds to strengthen the cooperation and network effects among its investment portfolio. We believe that with the establishment of this MEME Special Fund, we can further stimulate the innovative vitality of MEME projects and communities worldwide, bringing more development and growth opportunities for the industry.
 
Thank you for your continued support of LBank Labs.
 

LBank Community

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