Ethereum Layer2 scaling solution Metis announced the launch of Genesi DAC, an investment arm of Metis and a $100 million fund to invest and support projects building in the Metis ecosystem. DAC members have the responsibility of allocating the $100 million to chosen projects. In addition to Metis, other DAC members include Digital Finance Group, Waterdrip, OKX Venture, M6 and Metabull. Tristan Metaverse, an open-ended gaming metaverse infrastructure, is the first investment of Genesi DAC.
