Metis Joins Ethereum Layer 2 Race With $100M Ecosystem Fund

Metis is joining the fray, where Arbitrum and Optimism have so far ruled. The project is set to launch its mainnet the week of Nov. 15 and is also launching a $100M fund, which Metis describes as a “decentralized autonomous company” (DAC), called Genesi, to support projects which join its ecosystem.