By taking this step, DWF Labs is providing assistance to the Web3 sector as a whole in the form of investment, development, market formation, and a great deal more. DWF Labs has committed to spending $15 million to support various Web3 protocols in the industry. After that, DWF Labs will focus on finding ways to further enhance the support it provides for the industry.
Binance Labs and DWF Labs are going to start working together closely as part of a new partnership that will last for a long time and involve considerable collaboration. DWF Labs is of the opinion that it is of the utmost importance to provide assistance to Web3 builders during this difficult period. The platform is dedicated to offering financial assistance to those companies that have the greatest requirement for it and are the most promising and high-quality businesses.