Q Development AG launches innovative platform for sustainable ecosystem growth
Q Development AGThis is a company that supports development. Q protocolWe announce the release of . Q Ecosystem Fund.
True to the spirit of Web3, the Q Ecosystem Fund is set up as a collaborative platform. Professional investors can support Q ecosystem projects at all stages of development through their respective funds. Eligible investments are then matched with Q tokens by Q Development AG. Flexible structuring options ensure capital is deployed in an optimal manner with the goal of promoting sustainable growth of the Q ecosystem.
At launch, $25 million has already been allocated for potential ecosystem investments. DuringAdditionally, the initiative is backed by Greenfield, a leading European cryptocurrency investment firm. Q Development AG has already received additional interest from several specialized financing and development partners wishing to participate in this innovative format.
Background and rationale
In the rapidly changing Web3 environment, strong financial support to foster innovation and a bootstrapped ecosystem is of utmost importance. Traditional subsidy models in the cryptocurrency space have faced challenges and have not lived up to expectations. Handing out “free money” sets a precedent for potential misuse of funds. Grant hunters lured by tokens often lacked a true commitment to the long-term development of the ecosystem. This diluted the impact of the grant and diverted resources away from the project towards a true commitment to fostering the Web3 ecosystem.
That is why Q Development AG chose a different path. Through a new structure, we bring together people who dream of building an ecosystem and professional investors who are interested in games and invest their own funds. All funds provided by professional investors are matched by Q Development AG, resulting in a win-win-win situation.
– Builders in the Q ecosystem have access to funds.
– Professional investors can leverage their investments.
– Through coordination of interests, the entire ecosystem benefits when: The project was a success.
The Q Ecosystem Development Platform disrupts traditional subsidy models by introducing a unique approach to solving ecosystem financing challenges.
Highest level of professionalism: Funding decisions are handled by professional investors such as Greenfield Capital. This ensures that the investment process, including due diligence, follows the highest standards of professionalism.
Matching Investment: USD and Q Tokens: For professional investors who join the Q Ecosystem Fund, Q Development AG commits to match their investment with Q tokens up to a pre-agreed amount.
Flexible deployment: Depending on the facts and circumstances of each investment, Q Tokens can be flexibly distributed as investments, grants, liquidity contributions, or other methods that best suit the case. This allows you to implement the optimal deployment strategy for each project.
Strategic Cooperation: Funded projects become part of the Q ecosystem and receive support in a variety of ways. Deeper governance integration of the project is recommended but not required.
profit agnostic: Q Development AG has no financial interest in the investments made. In line with its mission, this ensures commitment to the growth of the ecosystem without any ulterior motives.
Unlike many previous grant programs, Q Development AG prioritizes quality over quantity. Stakeholders in the Q Ecosystem Fund meticulously vet projects to ensure that funds are directed to initiatives with the greatest potential to deliver real value to Q Ecosystem participants. This approach not only mitigates the risk of misuse of funds, but also amplifies the impact of investments in groundbreaking projects.
“The launch of the Q Ecosystem Fund is an important milestone for the development of the Q ecosystem..” says Nicolas Biagosch, Management Board of Q Development AG. “This initiative is about more than just fundraising. Projects built on Q greatly benefit from the expertise and support network that can only be provided by working with the best partners..”
“We are excited to support the growth of the Q ecosystem. As the concept of shared governance security becomes a reality, we expect a wave of innovation and advancement.“ says Jascha Samadi, co-founder and managing director of Greenfield. “We are very much looking forward to applying for exciting funding!“.
Requirements and Application Process Any project that builds on Q, uses Q’s governance features, or wants to do so can submit an application for funding. Detailed application instructions will be released soon, so please stay tuned. Please contact me in the meantime (email protected).
About Q Development AG
Q is an EVM-compatible blockchain protocol that redefines Web3 with the groundbreaking concept of shared governance security. Q Development AG is a private company based in Gamprin-Bendern, Liechtenstein, whose main purpose is to advance the Q protocol and support the Q ecosystem. To learn more about Q, visit: https://q.org/
