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Morph and Foresight Ventures Launch $20 Million Ecosystem Fund

Morph and Foresight Ventures announce a $20 million fund to support consumer blockchain projects, aiming to drive innovation and mass adoption within the Morph ecosystem.
Published on 2024-08-29

Morph Ecosystem Fund Announcement

Morph, a leader in driving blockchain adoption for mass markets, has partnered with Foresight Ventures to launch a $20 million Ecosystem Fund. This initiative seeks to accelerate consumer blockchain projects within the Morph ecosystem, offering financial resources and personalized guidance for long-term success. The fund will provide early-stage projects with capital investment, fundraising support, and technical expertise.

Strategic Growth and Innovation

The program intends to create strategic alliances that enhance Morph's capabilities and influence. By leveraging Morph's advanced blockchain infrastructure and investment expertise, the fund aims to foster innovation and generate value. Projects will receive one-on-one support from strategic venture partners to navigate the investment landscape effectively.

Support for Consumer Blockchain Projects

Projects in the Morph Ecosystem Fund will gain access to technical resources, development tools, and operational expertise. Additionally, they will benefit from co-promotion across Morph's media channels and industry events, boosting brand visibility. The fund targets projects with innovative consumer blockchain solutions that align with Morph's strategic goals and can enhance the broader tech landscape.

Application and Eligibility

Consumer blockchain projects interested in the program can apply by visiting Morph's official website to learn more about eligibility criteria and the application process. The fund focuses on projects offering practical utility to the web3 space and broader tech ecosystem.

About Morph and Foresight Ventures

Morph is a permissionless EVM Layer 2 blockchain utilizing optimistic and zero knowledge rollup technology. It caters to mainstream audiences like gamers and social media users. Morph's founders, Cecilia Hsueh and Azeem Khan, bring a wealth of experience from leading crypto platforms. Foresight Ventures is a research-driven crypto investment powerhouse supporting visionary projects in digital finance.

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