Key Points:
- Solana aims to grow its ecosystem faster with the new partnerships
- Bitgert ecosystem is also growing faster
- The Bitgert massive developments are still a problem for Solana
Solana is working on building a powerful ecosystem this year. The recent developments have shown the intention of the Solana team to deliver one of the fastest growing and the largest blockchain ecosystems. Solana has released a $100M fund to the South Korean Web3 developers.
The funds will be used to support companies developing gaming, non-fungible tokens (NFTs), and DeFi projects. The Solana Ventures and the Solana Foundation raised this fund to help keep the Terra-based projects, which have been affected by the collapse of the ecosystem last month.
The funds will also be used to develop and support products on the Solana blockchain. In particular, Solana is working towards becoming the best and the largest gaming platform. With such a huge fund released to developers, Solana is expecting to grow its ecosystem, which has been a major issue.
The number of Solana products and projects has not been growing fast like its competitor, Bitgert (BRISE). The Solana DeFi has not grown fast as expected, and the NFT product has been posting slow growth. All these factors are the reason Solana is one of the biggest losers in the top 10 cryptocurrencies.
However, Solana will need to compete with Bitgert in developing the largest and the fastest ecosystem. Here is more about Bitgert:
Bitgert And Its Fast-Growing Ecosystem
The Bitgert ecosystem has been posting one of the fastest growths. Apart from the fast-growing number of Bitgert products, through the Bitgert roadmaps, there has been a large number of projects joining the Bitgert chain.
The Bitgert Startup Studio has promised to add 1000+ projects to the Bitgert chain. These projects have already started launching, with 20+ projects live on the chain. The Bitgert team is releasing 3+ projects every week.
With 1000+ Bitgert backed projects expected in the next 12 months, then Bitgert has everything to outperform Solana. The Bitgert roadmap V2 products are expected to make the Bitgert ecosystem do well this year.
Conclusion
With the $100M Solana fund going to South Korean web3 developers, we expect Solana DeFi and the gaming ecosystem to grow bigger this year. However, Bitgert will still remain one of the toughest Solana competitors. There are a lot of Bitgert developments that will match up the Solana growth.
The post Solana $100M Fund To South Korean DEVs Ups Stakes For Bitgert Competition appeared first on .
Key Points:
- Solana aims to grow its ecosystem faster with the new partnerships
- Bitgert ecosystem is also growing faster
- The Bitgert massive developments are still a problem for Solana
Solana is working on building a powerful ecosystem this year. The recent developments have shown the intention of the Solana team to deliver one of the fastest growing and the largest blockchain ecosystems. Solana has released a $100M fund to the South Korean Web3 developers.
The funds will be used to support companies developing gaming, non-fungible tokens (NFTs), and DeFi projects. The Solana Ventures and the Solana Foundation raised this fund to help keep the Terra-based projects, which have been affected by the collapse of the ecosystem last month.
The funds will also be used to develop and support products on the Solana blockchain. In particular, Solana is working towards becoming the best and the largest gaming platform. With such a huge fund released to developers, Solana is expecting to grow its ecosystem, which has been a major issue.
The number of Solana products and projects has not been growing fast like its competitor, Bitgert (BRISE). The Solana DeFi has not grown fast as expected, and the NFT product has been posting slow growth. All these factors are the reason Solana is one of the biggest losers in the top 10 cryptocurrencies.
However, Solana will need to compete with Bitgert in developing the largest and the fastest ecosystem. Here is more about Bitgert:
Bitgert And Its Fast-Growing Ecosystem
The Bitgert ecosystem has been posting one of the fastest growths. Apart from the fast-growing number of Bitgert products, through the Bitgert roadmaps, there has been a large number of projects joining the Bitgert chain.
The Bitgert Startup Studio has promised to add 1000+ projects to the Bitgert chain. These projects have already started launching, with 20+ projects live on the chain. The Bitgert team is releasing 3+ projects every week.
With 1000+ Bitgert backed projects expected in the next 12 months, then Bitgert has everything to outperform Solana. The Bitgert roadmap V2 products are expected to make the Bitgert ecosystem do well this year.
Conclusion
With the $100M Solana fund going to South Korean web3 developers, we expect Solana DeFi and the gaming ecosystem to grow bigger this year. However, Bitgert will still remain one of the toughest Solana competitors. There are a lot of Bitgert developments that will match up the Solana growth.
The post Solana $100M Fund To South Korean DEVs Ups Stakes For Bitgert Competition appeared first on .