PEPE 2.0 Receives Donation from LBank Labs Meme Fund

Road Town, BVI, July 21st, 2023, Chainwire

PEPE 2.0, an ambitious project inspired by the iconic Pepe the Frog meme, with the aim of establishing a decentralized marketplace for digital art and collectibles, has received a donation from the LBank Labs Meme Fund. The Meme Fund, a public benefit initiative launched by LBank Labs with a $10 million fund, seeks to advance the development of high-quality and innovative meme projects, stimulate industry growth, and extend benefits to the wider community.

PEPE 2.0, a project derived from meme culture, is working towards establishing a decentralized marketplace for digital art and collectibles using blockchain technology. The endeavor is to ensure transparency, provable scarcity, and item provenance within this platform. This initiative aligns with contemporary trends in digital art and collectibles, making it a noteworthy development within the meme project space

The LBank Labs Meme Fund, a $10 million fund, is committed to providing donations to diverse meme-based projects. Projects that satisfy certain criteria can apply and receive donations from the Meme Fund without any preconditions, fueling growth and innovation within the meme ecosystem The LBank Labs Meme Fund, along with these innovative Meme projects, are part of an ecosystem working towards the expansion and evolution of the meme token sector, highlighting the potential of these tokens to become fully functional DeFi platforms. The progression of the partnership between LBank Labs Meme Fund and PEPE 2.0 is expected to continue, with relevant updates anticipated in due course.

LBank Labs Meme Fund continues its global search for innovative and quality-driven meme projects, a move that reflects its engagement with the global meme project landscape.

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About LBank Labs

LBank Labs, a prominent player in the web3 space, manages a versatile $100 Million fund that extends beyond specific protocols and exchanges. With a team of experienced web3 veterans from prestigious entities, they have built an extensive network of expertise and connections. Their investment strategy includes fund-of-fund investments, direct investments in early-stage projects, and liquid projects, enabling them to explore diverse opportunities. LBank Labs actively promotes their investment thesis, “The Other Angle,” through engaging discussions and focuses on the PSE principles to foster sustainable growth and innovation in the web3 landscape. With a Fund of Fund network comprising 12 funds and over $1 billion in AUM, and offices in seven global regions, LBank Labs is well-positioned to expand their network and drive innovation in the web3 ecosystem, together with their partners and collaborators.

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LBank Labs
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