Unstoppable, here to stay, this will be the Year for Rose to shine.
Investors are increasingly focusing in on the Oasis Network (CCC:ROSE-USD) on a piece of pretty big news. The announcement? Binance (CCC:BNB-USD) will be backing the Oasis Network. That has this token appreciating more than 22% as well as many investors considering Oasis Network price predictions.
The Binance logo on a smartphone with a neon chart in the background.
Source: Grey82 / Shutterstock.com
Recent reports suggest that Binance Labs, the venture arm of Binance, will be participating in the Oasis Ecosystem Fund. This investment would seek to grow the next generation of applications built on top of the Oasis Network and further the development of the crypto ecosystem as a whole.
There’s a lot to like about this deal from the perspective of those holding ROSE. Binance Labs is a big name in the venture capital space within the crypto world. Accordingly, the deal could spur a whole new range of projects that may not have been possible without the funding.
It’s expected that Binance Labs will put up approximately $40 million. This will bring the total Oasis Ecosystem Fund to $200 million, up from the $160 million fund previously announced. Various metaverse, non-fungible token (NFT) and decentralized finance (DeFi) projects are expected to come out of the Oasis Ecosystem Fund.
Investors are increasingly focusing in on the Oasis Network (CCC:ROSE-USD) on a piece of pretty big news. The announcement? Binance (CCC:BNB-USD) will be backing the Oasis Network. That has this token appreciating more than 22% as well as many investors considering Oasis Network price predictions.
The Binance logo on a smartphone with a neon chart in the background.
Source: Grey82 / Shutterstock.com
Recent reports suggest that Binance Labs, the venture arm of Binance, will be participating in the Oasis Ecosystem Fund. This investment would seek to grow the next generation of applications built on top of the Oasis Network and further the development of the crypto ecosystem as a whole.
There’s a lot to like about this deal from the perspective of those holding ROSE. Binance Labs is a big name in the venture capital space within the crypto world. Accordingly, the deal could spur a whole new range of projects that may not have been possible without the funding.
It’s expected that Binance Labs will put up approximately $40 million. This will bring the total Oasis Ecosystem Fund to $200 million, up from the $160 million fund previously announced. Various metaverse, non-fungible token (NFT) and decentralized finance (DeFi) projects are expected to come out of the Oasis Ecosystem Fund.
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