Morph and Foresight Ventures launch $20M fund for early-stage consumer blockchain projects

From Investing.com

August 29, 2024 09:30 AM:

Morph partners with Foresight Ventures to launch a $20 million Ecosystem Fund for consumer blockchain projects. The program offers financial support, strategic guidance, and co-promotion to early-stage projects. Interested projects can apply on the Morph website. The initiative aims to drive innovation and create value within the Morph ecosystem. Forest Bai of Foresight Ventures emphasizes the importance of consumer applications in driving mass adoption. Morph is a permissionless EVM L2 blockchain with advanced technology catering to mainstream audiences like gamers and social media users. Founders Cecilia Hsueh and Azeem Khan bring diverse experience to the project, aiming to empower individuals excluded from traditional finance. Foresight Ventures is a research-driven crypto investment and incubation firm bridging Eastern and Western ecosystems.

Read more at Investing.com: Morph and Foresight Ventures Launch $20M Ecosystem Fund for Early-Stage Consumer Blockchain Projects By Chainwire