According to Odaily, SevenX Ventures is collaborating with everVision and BuidlerDAO to launch a $10 million AO Ecosystem Fund. The fund aims to invest in and incubate early-stage projects within the AO ecosystem, accelerating its overall development. In addition to financial support, everVision will provide technical assistance to help projects thrive within the AO ecosystem. BuidlerDAO will organize hackathons and acceleration camps to lower the entry barrier for developers and entrepreneurs, guiding them towards sustainable development.
Eraser, a founding partner at SevenX Ventures, expressed his optimism about the future of the AO ecosystem. He said, 'As an early supporter of the Arweave ecosystem since 2011, SevenX is equally optimistic about the prospects of AO. We are delighted to collaborate with everVision and BuidlerDAO, both part of SevenX's portfolio, to launch the first AO ecosystem fund. We hope to assist developers in better integrating into the AO ecosystem and contribute to its prosperity.'