Near web3 fund

Near Foundation and Caerus Ventures Launch $100 Million Web3 Fund

15.09.2022 09:29
by Sviatoslav Pinchuk
1 min read

Near Foundation and Caerus Ventures have announced a new $100 million venture capital fund dedicated to financing Web3 projects.

Near Foundation is a Swiss non-profit organization that oversees the development of the dApp platform, Near Protocol. Caerus Ventures is a notable capital investment company. Together, they will be supporting developers and engineers working in Web3 – the internet built on blockchain tech.

The fund is led by Near Foundation. Initially, there is $50 million in it, but this amount is announced to be increased to $100 million.

When it comes to Near Foundation’s recent collaborations, back in May, it joined forces with Sankore, a blockchain community in Kenya. This partnership is aimed at creating a regional crypto hub, for supporting crypto innovations and educating the locals about crypto.

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  • Man who simply bought some BTC for domestic needs in 2014 and then forgot about it till 2017. The dude who got Etherium in 2017 by misclick and sold it in 2018 "just to try". Lost 1 Florida house in XEM in 2018, Sviatoslav finally decided to trade reasonably and now he is one of the most analytical and data-driven trader in Crypto Industry. Has Bachelor Degree of Chinese Interpreter and deep practical experience in competitive niches SEO.

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