Blockchain Founders Capital Raises €15 Million To Invest In Web3 Startups

According to reports, Blockchain Founders Capital, a German blockchain venture capital firm, announced that its Micro Fund has completed a fundraising of 15 million euros. The fund will focus on early investments in the Web3 field, identify and invest in the most promising Web3 startups and projects, and promote the transition of users, creators, and aggregators from Web2 to Web3. Currently, the venture capital has completed The Last Gameboard, The Mirror Investment in six projects including AdHash and Proof.

Blockchain Founders Capital’s micro fund completed a fundraising of 15 million euros

Blockchain Founders Capital, a German blockchain venture capital firm, has successfully raised €15 million for its Micro Fund. This fund will be used to invest in the most promising Web3 projects and startups, with a focus on early-stage investments in the field. The firm hopes to promote the transition of users, creators, and aggregators from Web2 to Web3.

What is Web3?

Web3 is the next generation of the internet, built on decentralized technologies such as blockchain. It offers a more open and transparent internet, where users have control over their data and can participate in a more equitable economy. Web3 applications are decentralized, meaning that they are not controlled by a central authority, but rather operate on a peer-to-peer basis.

The Last Gameboard and The Mirror Investment

Blockchain Founders Capital has already completed investments in six projects, including The Last Gameboard and The Mirror Investment. The Last Gameboard is a gaming platform that uses blockchain technology to create a more transparent and fair gaming experience. The Mirror Investment is a decentralized finance platform that allows users to lend and borrow cryptocurrencies without the need for traditional financial intermediaries.

AdHash and Proof

Other projects that have received investment from Blockchain Founders Capital include AdHash, a decentralized advertising platform that allows advertisers to target specific audiences without compromising user privacy, and Proof, a platform that uses blockchain to verify the authenticity of luxury goods.

Conclusion

The Micro Fund raised by Blockchain Founders Capital will allow the firm to continue investing in the most promising Web3 startups and projects. It is a positive sign for the growth of Web3 and the potential it offers for a more decentralized and equitable internet.

FAQs

Q: What is blockchain technology?
A: Blockchain technology is a decentralized ledger system that records transactions in a transparent and secure manner.
Q: How does Web3 differ from Web2?
A: Web3 is built on decentralized technologies such as blockchain, whereas Web2 is based on centralized platforms owned by a few large tech companies.
Q: What are some other Web3 projects?
A: Other Web3 projects include decentralized social networks, decentralized marketplaces, and decentralized finance platforms.