K-Star Stadium Launches Infinity Funding Pool for Web3 Startup Investments
The KSTADIUM Foundation announced on the 25th that its venture capital (VC) platform, KSTADIUM, will expand investment support for various blockchain startups in the Web3 sector, including gaming, through an overseas investment pool worth 400 billion KRW.
KSTADIUM is a crypto DAO VC platform operated based on an investment-specialized algorithm (DPOI). This platform is governed and invested in primarily by its investors, who also decide key policies. Investors themselves enter the seed round, which was previously accessible only to institutional investors, through a large-scale community pool to increase their profits. Individuals gain the rights to high discounts and rewards that were once exclusive to institutional investors. Startups that raise funds issue project tokens to pay rewards to KSTADIUM, and investors receive rewards according to their shares.
The investment program aims to support the commercialization of promising blockchain projects while expanding the KSTADIUM ecosystem. On the 24th, KSTADIUM provided liquidity so that the coin Claystarter (KSTA) could be traded on Uniswap. Uniswap is a decentralized exchange (DEX) built on Ethereum, the world's largest blockchain ecosystem, offering swap services for various Ethereum-based cryptocurrencies.
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KSTADIUM stated, "Through Ethereum's interoperability, users will see an expanded gateway to buy and sell KSTA," adding, "This Uniswap listing will provide a foundation to drive the expansion of KSTA's Ethereum ecosystem."
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