Paper Ventures: A New Blockchain Venture Capital Fund
Paper Ventures has recently launched as a blockchain venture capital fund, backed by prominent figures in the industry. With an initial fund of $25M, the company aims to invest in early-stage web3 and blockchain projects. Founders Danish Chaudhry, Oliver Blakey, and Ivailo Jordanov bring extensive experience in web3 investment from a venture capital perspective and have chosen to focus on projects with high potential.
Funding and Support for Promising Projects
Paper Ventures not only provides funding but also actively supports and nurtures the projects it invests in. Drawing on their industry networks, the founders offer resources and connections to help portfolio projects succeed. The initial $25M fund was raised with the participation of traditional hedge funds, family offices, exchanges, founders, and other high-net-worth crypto experts. The founders have a track record of early funding for now-dominant projects like Frax Finance, SEI, Polygon, Injective, Polkadot, Moonbeam, and Cosmos, as well as experience in GameFi funding.
The Founders: Oliver Blakey, Danish Chaudhry, and Ivailo Jordanov
Oliver Blakey, a former poker pro with expertise in game theory, is one of the founders. He played a pivotal role in helping founders prepare to launch native tokens during his tenure at Ascensive Assets. Danish Chaudhry, with a background in traditional finance, including Ernst & Young and BlackRock, has successfully grown FMFW.io and its user base. Ivailo Jordanov, a successful entrepreneur, and founding member of Altitude.fi and Deadalus Collective, completes the founding team.
A Mission to Foster Innovation
Paper Ventures is more than just an investor; its mission is to foster groundbreaking ideas that redefine technology and finance. The founders firmly believe in the transformative power of blockchain and are committed to supporting those passionate about its potential. They aim to empower visionary entrepreneurs, catalyze disruptive technologies, and drive impactful change.
About Paper Ventures
Paper Ventures serves as a launchpad for visionary entrepreneurs, providing them with capital, resources, and strategic mentorship in the web3 landscape. The company is driven by a shared belief in the value of decentralized technologies across multiple sectors. The experienced founders are dedicated to supporting under-the-radar projects that can shape the digital world of tomorrow.
Hot Take: Paper Ventures – Empowering Innovators in the Blockchain Space
Paper Ventures is set to make a significant impact in the blockchain industry with its $25M fund dedicated to early-stage projects. With a focus on providing more than just financial support, Paper Ventures aims to nurture and empower entrepreneurs and projects that have the potential to transform technology and finance. The founders’ extensive experience and network will enhance the chances of success for portfolio projects. Paper Ventures’ mission is to be at the forefront of innovation and drive the next wave of disruptive change powered by blockchain technology.
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