South Korean crypto venture fund Hashed has announced the launch of UNOPND, a new studio dedicated to backing non-fungible token (NFT) and metaverse applications. According to the company, the new startup will be responsible for researching and bootstrapping promising initiatives — especially those within the Ethereum and Terra ecosystems.
Founded in 2017, Hashed has incubated a wide variety of blockchain-based startups. However, UNOPND will be the company’s first investment devoted to the metaverse and NFT sector, which Chan Lee, UNOPND’s CEO, predicts will continue to rise in popularity, especially in the space of gaming.
“UNOPND will build an ecosystem of creators and users and provide innovative services that unveil the value of blockchain,’ explained Lee in a recent press release.
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