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Ukrainian blockchain startup receives $ 500,000 to develop Web3 projects

10:50 am, July 28, 2022

Ukrainian blockchain startup EvaCodes has received $ 500,000 from the Hypra fund, which will be used to develop Web3 projects.

According to the founders of EvaCodes, entrepreneurs Yegor Gavrilenko and Vitaliy Basyuk, one of the startup’s future projects will be developed on the principle of the well-known dating app Tinder: «In the next 3−5 years, our company intends to introduce a number of new products. One of them will be a Dating-to-Earn project, NFT-Tinder. We will publish the details later.»

As for the Hypra investment fund, in addition to financial support for startups, representatives of the fund help projects improve operational processes, development tools, and fundraising options. According to Hypra, the fund focuses on helping projects from Ukraine.

As a reminder, Web3 technologies and cryptocurrencies are becoming increasingly popular in Ukraine. Recently, it became known that Ukraine was ranked first in the ranking of countries with the largest share of cryptocurrency owners among the population, presented in the review of the United Nations Conference on Trade and Development.

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