Rally founders launch crypto venture studio backed by a16z partner
The new studio, SuperLayer, aims to commercialize Web 3 products. It has already received commitments from notable investors, including Marc Andreessen. Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet. On Friday, Kevin Chou and Mahesh Vellanki unveiled SuperLayer, a crypto venture studio building Web 3 projects directly on the Rally network, a crypto-social platform that lets creators and artists launch their own digital....
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At the LA Blockchain Summit, the blockchain and fintech venture studio Draper Goren Holm announced the launch of a $25 million blockchain fund called “Fund 1.” According to the announcement the money will be used for promising blockchain and fintech startups in Series A and seed investments. On October 6, 2020, the Los Angeles-based venture studio Draper Goren Holm revealed the launch of a new blockchain and fintech fund at the annual LA Blockchain Summit. The studio Draper Goren Holm is basically a partnership between Josef Holm, Alon Goren, and the well known venture....
Golden, which has now raised roughly $60 million in cumulative funding, also receives a16z general partner Ali Yahya to its board. Decentralized knowledge protocol Golden has closed a $40 million funding round led by venture firm Andreessen Horowitz, or a16z, with additional participation from Protocol Labs, OpenSea Ventures and the founders of Solana, Dropbox, Postmates and Twitch, among others. In addition to leading the Series B funding round, Andreessen Horowitz’s general partner Ali Yahya will join Golden’s board alongside a16z cofounder Marc Andreessen. The funding gives Golden....
Will this new funding round pave the way for OpenSea to become the Amazon of NFTs? OpenSea, one of the largest digital collectible marketplaces, has secured backing from venture capital firm Andreessen Horowitz, or a16z, and others in a new funding round.According to Andreessen Horowitz, the firm is leading a $23 million Series A round for OpenSea alongside a16z’s Cultural Leadership Fund, as well as angel investors Ron Conway, Mark Cuban, Tim Ferriss, Belinda Johnson, Naval Ravikant, Ben Silberman, and others. “OpenSea makes NFTs searchable, usable, and organized,” said a16z general....
A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such as Parafi, Andreessen Horowitz (a16z), FTX, and Multicoin Capital. The Aptos project stems from two developers from Meta’s Diem project, and the network boasts parallel processing, a technology that reportedly allows the chain to process 130,000 transactions per second (TPS). Aptos Labs Debuts....
A16z, also known as Andreessen Horowitz, the venture capital (VC) company that has invested millions in crypto-related projects, has announced the launch of its own crypto research lab. This new initiative seeks to marry academic research with producing ideas and putting them into practice in startups and organizations in which the company is heavily invested.
A16z Announces It Will Conduct Blockchain Related Academic Research
Andreessen Horowitz, an organization with heavy investments in crypto and Web3 startups, has announced the launch of the a16z crypto research lab, an....