- Head of DWF Labs Andrei Grachev calls for memecoins on BNB Chain for the DWF Meme Fund.
- DWF Meme Fund was launched in November this year to support chain-agnostic memecoin projects.
From a silly meme on the internet with nothing but popularity to a billion-dollar industry, memecoins have evolved enormously. A recent blog post from leading crypto exchange Binance also mentioned how important the memecoin space has become today. It also highlighted the role of memecoins in powering the decentralized science space (DeSci).
To further fuel the growth and innovation of memecoins, DWF Labs unveiled a $20 million fund in November this year. DWF Labs has always been known for its support and interest in memecoins. With this fund, it aimed to provide the financial resources needed for creative and community-driven memecoin projects. Referring to the same Meme Fund, Andrei Grachev posted on X and invited memecoins to BNB Chain.
Andrei Grachev calls for memecoins on BNB Chain
Our meme fund is looking for memes on @BNBCHAIN
Feel free to contact @DWFLabs
LFG!— Andrei Grachev (@ag_dwf) December 27, 2024
Andrei Grachev, Managing Partner at DWF Labs, today posted Launched in November, the DWF Meme Fund is looking to acquire memecoins on the BNB blockchain to provide financial and strategic support. Meme projects with unique value propositions and strong community involvement can contact the DWF Labs to receive support.
Andrei Grachev believes that memecoins have brought a powerful cultural force to the crypto industry and united communities around humor and creativity. The DWF Meme Find is their way of supporting this vibrant community and helping developers turn their ideas into impactful projects.
Earlier this year, DWF Labs announced a partnership with GraFun, an innovative memecoin launch platform on BNB Chain. The main goal behind this partnership was to promote a more stable and transparent memecoin ecosystem on BNB Chain.
Considering today’s call from Andrei Grachev for BNB Chain memecoins and the Web3 investment firm’s previous partnership, it is clear that the company is eager to support the memecoin ecosystem on the BNB Chain. However, the DWF Meme Fund was released to support memecoin projects regardless of their blockchain.