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Phoenix Project

This funding doubles the original $50 million pledged by Ohanian in partnership with the Solana Foundation. One in every of Reddit’s Co-Founders, Alexis Ohanian, filled a slot on the final day of Breakpoint to speak about why he and his venture firm Seven Seven Six had been pledging $one hundred million to develop social media on Solana. Raj Gokal, Co-Founding father of Solana, took the stage with Alexis Ohanian and at one point said on the Breakpoint conference that his community plans to onboard over a billion people in the subsequent few years. Electronic gaming has been hailed as the entry point for crypto and blockchain technology’s mass adoption. P2E games are exploding in reputation, and Axie Infinity chalked up a wonderful 12 months for adoption with a token price that has blown through the roof again and again. Once full gameplay is launched, it will be attention-grabbing to see how many individuals give up their jobs to P2E full time! Sharing your social plans for everyone to see is not a good idea.