Bitrue Ventures Launches $40,000,000 Investment Fund
2024-07-18![large_802011721288842_.pic_hd.jpg](https://static.bitrue.com/bitrue-cms/upload/large_802011721288842_pic_hd_5777787032.jpg)
Bitrue Ventures, the new research and investment section of Bitrue, is putting out the call to aspiring developers everywhere. Nascent web3 companies can submit their pitches to Bitrue to receive part of the $40,000,000 pool of investment funds that will be used to help teams develop their technology and bring their coins to fruition.
Individual recipients of funding can receive up to $200,000 of investment funds that can be allocated however they feel is most appropriate. In addition, Bitrue will make available their various avenues of expertise to provide further support to these projects. This can range from development expertise, connections within the industry, management support, and more. We want to help you succeed, so let us know where you need help and we’ll do all in our power to provide whatever is needed.
While Bitrue Ventures will consider investing into any niche within the crypto space, we believe that the most successful projects right now are likely to be building in the sectors of Artificial Intelligence (AI), Real World Asset tokenization (RWA), GameFi, Decentralized Physical Infrastructure Networks (DePIN), and Decentralized Finance (DeFi). As such, projects building within these industries will stand a better chance of receiving funding and are highly encouraged to reach out to us. Belief in their success is supported by a recent research report - AI and Crypto Convergence - that was undertaken by the Bitrue Ventures team and made public.
More research reports will be published by Bitrue Ventures in the future, and will be freely distributed to guide teams in their development, as well as provide consumers with a more informed idea about the future of the industry.
Bitrue Ventures was established in response to an elevated influx of capital into the industry from institutional investors and high net worth individuals, coinciding with a renewed interest towards web3 technologies from the greater public sparked by the ongoing AI revolution. Investor demand for cryptocurrency projects is increasing rapidly, and there is a market opportunity for a highly trained and specialized investment fund to identify and nurture promising start-ups.
A pilot investment round has already been completed with funding allocated to the Cardano-based projects WingRiders and Liqwid Finance, both of which launched products successfully and received listings on numerous exchanges. Projects that receive investment will also be able to list their tokens on the Bitrue exchange, granting them exposure to Bitrue's 10 million users and allowing them to utilize the integrated marketing services provided by Bitrue. Bitrue in turn will benefit from strong market positioning by aligning with cutting-edge projects and technologies, enhancing its reputation as a leader in the crypto space and ensuring a diverse set of listings for its traders.
If you’re interested in working with the Bitrue Ventures team, please contact us at investment@bitrue.com to discuss further details.
Disclaimer: The content of this article does not constitute financial or investment advice.
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