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❕NEWS Nervos Protocol Partners With China Merchant Bank To Launch $50 Million Fund

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Despite the crack down speculated by the Chinese bank more development in Crypto currencies continue in the country.
Recent update shows that Nervos protocol launches a $50 million fund in partnership with CMB International (CMBI), a subsidiary of China Merchants Bank, named InNervation. This new fund "InNervation" will invest in the beginning phases of startups which are focused on building blockchain-based User-friendly which will include decentralized applications (dApps), decentralized finance (DeFi) protocols, distributed ledger platforms (DLT), and non-fungible token (NFT) marketplaces.
 
Just read about china interest to use their own Blockchain for the betterment of their country. So if that is what they desire then they should go ahead. With this partnership now it might just be a soft landing for them
 
That is a good partnership being made there for a great project. But I am wondering, how will this go ahead given that China has banned all cryptocurrency activities?
 
this is good partnership ,I guess it was all made to improve the both platform ,the bank running partnership have a particular reason they are test running things ,I think the partnership would build in more growth to the expected range and turn out the people obviously wants
 

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