Blockchain Founders Capital Completes Fundraising of 15 Million Euros for Web3 Investments

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, recently announced that its Micro Fund has completed a fundraising of 15 million euros. The fund is specifically focused on early investments in the Web3 field, identifying and investing in the most promising Web3 startups and projects. Additionally, it seeks to promote the transition of users, creators, and aggregators from Web2 to Web3. Currently, the venture capital has already invested in six projects, including AdHash and Proof.

The Importance of the Web3 Field

It is no secret that the Internet of today has become centralized and accumulating power in the hands of a few major tech companies. Web3, on the other hand, is a more community driven and decentralized approach to the online sphere. According to a report by the World Economic Forum, Web3 is described as “an Internet where value and control are shared between distributed applications and people – a decentralized platform where users can engage with distributed applications for collective and individual goals.”
Web3 is built on distributed ledgers or blockchains, which allow secure, transparent and trustless transactions. This makes it an excellent technology for creating decentralized applications, which can have a wide range of use cases, including but not limited to peer-to-peer transactions, data sharing, and supply chain management.

The Role of Blockchain Founders Capital

As a venture capital firm dedicated to the Web3 space, Blockchain Founders Capital is seeking to identify and invest in promising Web3 startups and projects. Their Micro Fund is aimed at getting involved with these startups and projects in their infancy, providing them with the necessary resources to grow and develop into successful companies.
Blockchain Founders Capital also seeks to play a role in promoting the transition towards Web3. This is important, as the transition from Web2 to Web3 will be a complex process that will require many individuals and companies to change their ways of doing things. Blockchain Founders Capital aims to be a leader in this transition, helping creators and aggregators make the switch to the decentralized Web3 space.

Investments

Currently, Blockchain Founders Capital has invested in six Web3 projects, including The Mirror and The Last Gameboard, AdHash, and Proof.

The Mirror

The Mirror is a blockchain-based platform for financial assessments, which provides real-time insights into a company’s financial situation. This has numerous applications, from banking to insurance, as well as accounting and financial analysis.

The Last Gameboard

The Last Gameboard is a Web3-powered virtual game board ecosystem that is decentralized, private, and connected. It has been designed to be interactive, engaging, and non-fungible, providing an immersive gaming experience that is not currently available in the Web2 world.

AdHash

AdHash is a revolutionary decentralized advertising platform that provides transparency and accountability, while also making it easier for advertisers to reach their intended audience. By leveraging blockchain technology, AdHash ensures that ads are only served to verified users and that advertisers get what they pay for.

Proof

Proof is a decentralized platform for the verification and authentication of documents and other forms of digital information. It uses blockchain technology to ensure that documents are tamper-proof and that they can be verified by anyone, anytime, anywhere.

Conclusion

Blockchain Founders Capital’s recent fundraising of 15 million euros for its Micro Fund highlights the increasing importance of the Web3 field. As the Internet moves towards a more decentralized and community-driven approach, Web3 will undoubtedly play a major role in shaping the future of the online sphere. With its focus on investing in promising Web3 startups and projects, as well as promoting the transition to Web3, Blockchain Founders Capital is well-positioned to contribute to the growth and development of this exciting new field.

FAQs

Q: What is Web3?
A: Web3 is a decentralized platform where users can access distributed applications for collective and individual goals. The technology is built on blockchains, which allows for secure, transparent and trustless transactions.
Q: What is Blockchain Founders Capital?
A: Blockchain Founders Capital is a German venture capital firm dedicated to investing in the Web3 space. They seek to support promising Web3 startups and projects and promote the transition towards Web3.
Q: What are examples of Web3 startups that Blockchain Founders Capital has invested in?
A: Blockchain Founders Capital has invested in several Web3 startups, including The Mirror, The Last Gameboard, AdHash, and Proof.