Ontology has created a $10 million (ONT/ONG equivalent) EVM Fund. The fund, which has been launched in celebration of the release of Ontology’s Ethereum Virtual Machine (EVM), aims to support Web3 developers building on Ontology.

Ontology is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.