According to Foresight News , the LayerZero Foundation announced that it will launch the lzCatalyst program in cooperation with a16z Crypto, Animoca Brands, Atrum, Delphi Ventures, Faction, Franklin Templeton, King River, Lightspeed, PayPal Ventures and Spartan. The lzCatalyst program aims to help developers obtain a large amount of capital and resources. Participating funds will be incentivized to invest $300 million directly in projects that integrate LayerZero, but will independently maintain their respective due diligence and investment processes.
LayerZero and a16z launch lzCatalyst program, participating funds will be incentivized to invest $300 million in LayerZero integrated projects
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