According to a report by PRNewswire, MEXC Ventures, an investment firm under the cryptocurrency exchange MEXC, announced the launch of a $30 million "Ignite X" program aimed at cultivating Web3 talent and promoting decentralized ecosystem innovation. The collaboration with the South Korean University Blockchain Research Institute will mark the launch of the "IgniteX" project. This investment plan will last for 5 years, and MEXC will closely cooperate with the research institute in blockchain development, academic exchange, and talent cultivation. MEXC Ventures encourages early-stage Web3 startups, research projects, developer communities, and academic institutions dedicated to decentralized infrastructure, AI integrated blockchain solutions, stablecoins, and fintech tools to submit applications.
