Alisa Davidson
Revealed: September 06, 2024 at 11:51 am Up to date: September 06, 2024 at 11:51 am
Edited and fact-checked:
September 06, 2024 at 11:51 am
In Transient
Non-public meetup titled “Navigating Funding in Web3: Tech, Narrative, or FOMO?” passed off in Seoul this week exploring the realm of Web3.
Non-public meetup held throughout Korea Blockchain Week 2024, titled “Navigating Funding in Web3: Tech, Narrative, or FOMO?” passed off in Seoul earlier this week. The occasion attracted over 800 registrations and introduced collectively 100 representatives from varied native and distinguished trade organizations, initiatives, corporations, communities, and key opinion leaders (KOLs). Co-hosted by DFG, Jsquare, Ticker Capital, and Starbase, the meetup offered individuals with a chance to have interaction in in-depth discussions on the important thing elements driving the Web3 market, rising trade traits, and technological improvements.
The occasion started with the opening speech titled “Blockchain Past Borders: Connecting South Korea, Asia, and the Globe,” delivered by Angela, the CMO of each DFG and Jsquare.
DFG is a world funding agency specializing in blockchain and Web3 applied sciences, managing over $1 billion in property. The agency invests in varied sectors reminiscent of Protocols, Infrastructure, AI, and Decentralized Bodily Infrastructure Networks (DePIN). Its portfolio consists of distinguished initiatives like Circle, Ledger, Coinlist, ChainSafe, Polkadot, and Solana. Jsquare, alternatively, has invested in additional than 70 initiatives throughout 25 nations, specializing in areas reminiscent of Layer 1 and Layer 2 options, Centralized Finance (CeFi), AI, and Infrastructure. Notable investments embody Render Community, Gensyn, and Pudgy Penguins.
Each DFG and Jsquare not solely present monetary assist but in addition supply in depth collaboration fashions to help within the progress and growth of their portfolio initiatives all through their whole lifecycle.
The dialogue additionally included contributions from Ticker Capital and Starbase, who shared their firm insights and operations.
Ticker Capital, represented by its founder Q, is an acceleration and advertising agency targeted on supporting initiatives in gaming, AI, and DePIN throughout the Web3 ecosystem. Since its inception in 2018, Ticker Capital has invested in and suggested over 50 blockchain initiatives, constructing robust relationships with main traders, incubators, and developer communities.
Vivian, the founding father of Starbase, elaborated on the corporate’s core actions, which embody venture funding, incubation, and acceleration. Starbase operates as a Web3 accelerator with a give attention to the GameFi and AI sectors. Since 2018, it has invested in over 100 initiatives throughout varied high-growth areas. Moreover, Starbase presents grants to early-stage initiatives by way of its “EverGrow Grant,” which is now in its second section. This grant program, valued at over $2 million, gives chosen initiatives with funding starting from $10,000 to $30,000.
WONDER CLOUD And Chainbase Ship Keynote Insights
The occasion additionally featured keynote addresses from WONDER CLOUD and Chainbase.
WONDER CLOUD, a Hong Kong-based cloud computing service supplier and a premium accomplice of Google Cloud has department workplaces throughout Mainland China. The corporate focuses on varied cloud providers, together with cloud consulting, design, information migration, massive information and AI platforms, and safety options. On the occasion, Terrence, the Web3 BD Supervisor for Better China at Google Cloud, offered insights into Google Cloud’s methods throughout the Web3 ecosystem.
Chainbase is concentrated on growing a complete omnichain information community. CMO Ivy mentioned how Chainbase addresses key challenges within the crypto trade from a knowledge perspective. These challenges embody problems with centralization and restricted participation in current information networks, in addition to fragmentation and accessibility issues with on-chain information. Chainbase goals to resolve these points by providing unified omnichain information, standardized on-chain information processing, high-quality information stacks, and incentivizing contributions, all whereas fostering decentralized innovation.
Panels Discover Web3 Adoption Methods And Funding Traits
The occasion additionally included two panel discussions. The primary panel, titled “How Subsequent-Gen Web3 Drives Mass Adoption,” was moderated by Kexin, Advertising Supervisor at DFG. It featured Chris, Co-founder of Chainbase, Rose Quan, Head of Ecosystem at Mint Blockchain, Mark Mi, Head of Associate Improvement, and Aiko, Ecosystem Lead at Myshell.
The dialogue targeted on the methods and efforts these panelists are implementing to drive person progress within the Web3 ecosystem and obtain mass adoption, in addition to their most well-liked instructions for Web3 purposes.
The second panel, titled “Navigating Funding in Web3: Tech, Narrative, or FOMO?,” was moderated by Betty, CEO Assistant & Advertising at DFG and Jsquare. It included distinguished enterprise capital representatives from South Korea and past, reminiscent of Edward, Managing Associate at HTX Ventures, JT Regulation, Associate at Infinity Ventures Crypto, David Jeen, Portfolio Supervisor at 1st Soul Ventures, Pietro, Accelerator IR & Portfolio Investments Supervisor at Outlier Ventures, and Dinghan, Managing Associate at Capital6eagle.
This dialogue lined present traits within the funding cycle, funding methods, plans, and portfolio administration.
Following the occasion, organizers prolonged their appreciation to all individuals, audio system, and attendees. Additionally they expressed their gratitude to the sponsors and occasion companions for his or her important assist and contributions.
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About The Writer
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
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Alisa Davidson
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
Extra articles
