Gate Ventures , the venture capital arm of Gate.io, has announced that it has officially joined the newly established Morph Venture Capital Collective. The alliance brings together many top venture capital institutions and is committed to supporting innovative consumer-grade blockchain projects. Through this strategic cooperation, Gate Ventures will further expand its blockchain investment field, especially focusing on achieving more development in the Morph ecosystem that promotes the popularization of blockchain technology.
The Morph Venture Capital Collective aims to connect blockchain projects with extraordinary potential with top venture capital firms with a good reputation, including Pantera Capital, Spartan Group, Foresight Venture and Gate Ventures. As a new member of the collaboration program, Gate Ventures will help the alliance achieve its mission of supporting the sustainable growth of consumer blockchain applications, providing funding, strategic cooperation and mentorship support to promote the growth and market expansion of emerging projects.
“We are excited to become a member of the Morph VC Collective, which is highly aligned with our mission to support blockchain innovation,” said Kevin Yang, Managing Partner of Gate Ventures. “By working with other top venture capital firms, we will be able to better help innovative blockchain projects find the resources they need to succeed. The Morph ecosystem is poised to lead the next wave of consumer blockchain adoption, and we are excited to be a part of this revolution.”
Morph plans to provide more exposure opportunities for blockchain projects in its ecosystem, helping them gain attention and guidance from top investment institutions in their early growth stages. Projects will be evaluated based on multiple criteria such as technical feasibility, team composition, scalability, market potential, etc., to ensure that the most promising applications can get the support they need to help them thrive.
As an integral part of this partnership, Gate Ventures will have the opportunity to gain in-depth insights into carefully screened, high-potential projects in the Morph ecosystem, further demonstrating its commitment to discovering and nurturing the next generation of blockchain applications.
“We are delighted to welcome Gate Ventures to the Morph VC Collective, adding new strength to our network of strategic partners and further accelerating the mainstream adoption of blockchain technology. Together with our growing VC alliance partners, we will build a strong support system to empower innovative blockchain project teams to create impactful consumer applications,” said Cecilia Hsueh, CEO of Morph.
Morph is committed to bringing blockchain technology to the mainstream, especially through applications targeting a wide range of groups such as gamers and social media users, which is highly consistent with Gate Ventures' investment philosophy. This cooperation will promote the popularization of blockchain technology and reshape the way decentralized applications interact with ordinary users.
For the latest news on Gate Ventures joining the Morph VC Collective and blockchain project opportunities, please visit www.gate.io/ventures
About Gate Ventures
Gate Ventures is the venture capital arm of Gate.io, focusing on investments in decentralized infrastructure, ecosystems, and applications, aiming to drive global change in the Web 3.0 era. Gate Ventures works with global industry leaders to fully support teams and startups that have the potential to reshape the landscape of social and financial interactions.
About Morph
Morph is a groundbreaking consumer layer that acts as a distribution hub for resources, providing builders with the resources they need for large-scale market promotion and expansion. It uses a hybrid solution of ZK and Optimistic Roll-up technology and a decentralized sorter to bring unlimited possibilities to mainstream user groups and become a friendly choice for developers when building such applications.
Disclaimer
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