The Core Foundation announced Thursday the launch of Core Venture Network (CVN), a community of more than 50 venture capitalists and investors. core chainall Bitcoin-security, Ethereum virtual machine-Compatible blockchain.
CVN announced $15 million in regional ecosystem funding for projects based in Africa, Latin America and Southeast Asia. 5 million dollars Core African Innovation Fund It was the first regional fund, launched last January.
“We have strived to focus our funds in the regions most committed to Web3 and impacted by its benefits – where access to decentralized finance could completely change the trajectory of lives, or where digital communication is deeply ingrained in the culture. said key contributor Brendon. Sedo said in his press release: “We want to focus our efforts where they will have the most impact, both for our platform and for the entrepreneurs we invest in.”
Venture capitalists participating in the Core Venture Network will have access to pre-seed and pre-token opportunities for future Core Chain projects. Members may also receive joint marketing opportunities, access to events, and inclusion in core programs. Dao Alliance Leaders Panel.
In addition to fundraising, CVN aims to provide mentoring, coaching, partnership facilitation and potential co-investments in the $200 million Core Chain Ecosystem Fund launched with cryptocurrency exchanges Bitget and MEXC.
Editor’s note: This article was created with the help of AI. Editing and Fact Checking Andrew Hayward.
