ChainCatcher news, the metaverse blockchain network Lamina1 has launched its ecosystem fund L1EF, announcing its first investments in two Web3 companies building immersive technologies for the open metaverse: IP Innovation Lab 0 Studio and the phygital experience platform Legitimate. The specific investment amounts have not yet been disclosed.0 Studio is developing immersive experiences and hyper-realistic digital avatars. Legitimate is the physical infrastructure for next-generation consumer retail applications, with its NFC tags allowing creators to connect physical products to customizable digital experiences powered by NFTs and Web3, without the need for coding or blockchain knowledge. (Source link)

ChainCatcher news, the metaverse-focused blockchain network Lamina1, co-founded by cryptocurrency pioneer Peter Vessenes and science fiction writer Neal Stephenson, is launching the Lamina1 Ecosystem Fund (L1EF) to allow startups to raise funds from angel investors. The platform offers rolling funds, allowing interested investors to fund projects through quarterly subscriptions, with a minimum subscription fee of $2,500 per quarter and a commitment of at least four quarters.Previously reported, in June this year, science fiction writer Neal Stephenson collaborated with crypto pioneer Peter Vessenes to launch the metaverse blockchain network "Lamina1," with the two serving as CEO and Chairman of Lamina1, respectively. (source link)