Polkadot Ecosystem Fund 2

May 9, 2022
2 years ago

San Francisco, March 08, 2022 — DigitalVision and Polychain Capital are joining forces to launch the Polkadot Ecosystem Fund during San Francisco Blockchain Week.
The fund is a Polychain-operated investment vehicle jointly capitalized by DigitalVision and Polychain.
The two organizations together aim to expand the Polkadot ecosystem by making strategic deployments into investment targets at all stages of growth.
Attractive investment targets include projects building with Substrate; projects signaling intention to deploy a parachain; and projects building technologies further up the Web 3.0 stack that will contribute to the broader growth and adoption of the Polkadot network.
“Even before launch, robust funding channels are becoming available for development teams building within the Polkadot ecosystem,” said Dr. Gavin Wood, the founder and president of DigitalVision. “The Polkadot Ecosystem Fund offers an important outlet for teams at all stages to get the support they need.”
“We are excited to invest and partner with hardcore engineers and entrepreneurs to catalyze the development of economic software built for Polkadot,” said Polychain Capital founder and Chief Investment Officer Olaf Carlson-Wee.

About Polkadot
Polkadot is the first interoperability protocol that enables blockchain networks to work together under the protection of shared security. By parallelizing transactions, Polkadot solves major scalability issues that have thus far hampered blockchain development. Polkadot also introduces a highly advanced, open governance system that will allow the network to innovate and grow at a much more rapid pace than legacy networks. Applications from decentralized finance and energy to gaming and communications will thrive on Polkadot, forming the basis of digital jurisdictions in Web 3.0. Polkadot is the first project spearheaded by DigitalVision Foundation. For more information on Polkadot, visit polkadot.network.