![Reddit-Co-Founder-Solana-Ventures-Launch-50M-Fund-for-Web-3.jpg Reddit Co-Founder, Solana Ventures Launch $50M Fund for Web 3 Social Media](https://cryptotoptrends.com/wp-content/uploads/2021/11/Reddit-Co-Founder-Solana-Ventures-Launch-50M-Fund-for-Web-3-678x381.jpg)
Announced Tuesday at the Solana conference in Lisbon, Alexis Ohanian’s Seven Seven Six and Solana Ventures are committing $100 million to grow decentralized social media projects on Solana. Originally, the commitment was for $50 million, but at an onstage discussion, Ohanian increased it to $100 million.
Leave a Reply