Sei Foundation launches a $50 million Japan Ecosystem Fund, focusing on Web3 gaming, social, and entertainment use cases

ChainCatcher news, the Sei Foundation announced the launch of a $50 million Japan ecosystem fund, which will initially focus on Web3 gaming, social, and entertainment use cases.

The Sei Foundation officially announced this fund at the first event "Sei Web3 Day for Japan" held in Tokyo on April 27 this year. The ecosystem fund aims to attract local talent, discover promising Japanese startups, and bring them into Sei. The Sei Foundation encourages interested parties to apply for funding from the fund as soon as possible.