February 26, 2024

Road Town, British Virgin Islands, 19 July 2023, Chainwire

Saitama is a project that started out as a meme token and has grown into a comprehensive DeFi platform with a donation from the LBank Labs Meme Fund. The Meme Fund is a public welfare program initiated by LBank Labs with a fund of 10 million US dollars, which aims to promote the development of high-quality and innovative Meme projects, promote the development of the industry, and benefit the larger community.

Originally a meme token, Saitama has undergone a considerable transformation, focusing on initiatives that simplify and enhance decentralized finance (DeFi) security for users.The project places a strong emphasis on transparency and education, and strives to develop real-world use cases that can be smoothly integrated into everyday life, including SaitaPro (an all-in-one transaction app), SaitaCard (MasterCard) and SaitaLogistics, where people can ship packages around the world, which includes Yahoo Finance News.

The LBank Labs Meme Fund is a $10 million fund that provides donations to various meme-based projects. Projects that meet certain conditions can apply for and receive donations from the Meme Fund unconditionally to promote the growth and innovation of the Meme ecosystem. The LBank Labs Meme Fund and these innovative meme projects are part of an ecosystem dedicated to the expansion and growth of the meme token industry, highlighting the potential of these tokens to become fully functional DeFi platforms.

The partnership between LBank Labs Meme Fund and Saitama Prefecture will continue to advance and an update is expected in due course.

The LBank Labs Meme Fund continues to source innovative and quality-driven meme projects around the world, a move that reflects its engagement with the global meme project landscape.

Apply for Meme Fund Grand: https://www.lbanklabs.com/contact-8

LBank laboratory official website: https://www.lbanklabs.com/

About LBank Lab

LBank Labs is a well-known player in the web3 space, managing a $100 million multipurpose fund that extends beyond specific protocols and exchanges. They have a team of experienced web3 veterans from well-known entities, building an extensive expertise and network. Their investment strategy includes fund-of-funds investments, direct investments in early-stage projects, and liquidity programs, allowing them to explore diverse opportunities. LBank Labs actively promotes their investment thesis “Another Angle” by participating in discussions and focusing on PSE principles to promote sustainable growth and innovation in the web3 space. LBank Labs’ Fund of Fund network consists of 12 funds with over $1 billion under management and offices in seven regions around the world, enabling it to expand its network and drive innovation in the web3 ecosystem with its partners and collaborators .


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