Gravity has announced the launch of a $50 million (approximately 70.76 billion KRW) Gravity Ecosystem Fund Alliance to support next-generation blockchain projects and developers. Gravity is a high-performance Layer 1 blockchain platform known for its omni-chain ecosystem that enables seamless interaction across multiple chains within a unified network.

The fund, backed by prominent venture capital firms including HashKey Capital, DAO5, Lattice, Spartan Group, Faction, and Draper Dragon, aims to foster innovation by providing developers with resources to utilize Gravity's capabilities such as sub-second finality and omni-chain features. Developers must also integrate Gravity-native assets and build meaningful partnerships within the ecosystem. The fund supports projects in areas like decentralized finance, payments, Telegram Mini Apps, and royalty solutions.

Selected projects will gain access to Gravity’s investor network, receiving tailored resources and strategic support. Harry Zhang, co-founder and CEO of Gravity, stated that this initiative seeks to break blockchain performance barriers and enable mass adoption through developer empowerment.

In parallel, Gravity has introduced a Developer Grant Program offering $200,000 (approximately 280 million KRW) in funding, strategic guidance, marketing advice, and networking opportunities with over 6,000 ecosystem partners. These initiatives position Gravity as a key player in blockchain innovation and adoption.

Sayart / Jack Lee, wangjb77@gmail.com