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Morph and Foresight Ventures jointly launch a $20 million ecosystem fund for early-stage consumer-grade blockchain projects

Morph and Foresight Ventures jointly launch a $20 million ecosystem fund for early-stage consumer-grade blockchain projects

2024.09.04
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Morph and Foresight Ventures jointly launch a $20 million ecosystem fund for early-stage consumer-grade blockchain projects

The fund will provide a comprehensive package of support—including funding, technology, and go-to-market assistance—for consumer-facing projects in the Morph ecosystem.

2024.09.04 - 01:59:58
MorphForesightVentures
The fund will provide a comprehensive package of support—including funding, technology, and go-to-market assistance—for consumer-facing projects in the Morph ecosystem.

TechFlow and leading Web3 investment firm Foresight Ventures have jointly launched the Morph Ecosystem Fund, with a total commitment of up to $20 million, aimed at accelerating the development and deployment of consumer-focused blockchain projects within the Morph ecosystem and across the broader Web3 industry.

The Morph Ecosystem Fund will be a comprehensive and systematic initiative, offering early-stage consumer blockchain projects cutting-edge blockchain infrastructure, as well as financial support and full-spectrum guidance including investment, fundraising, marketing, technical assistance, operational expertise, and exchange listings.

"Our vision is to build lasting strategic partnerships that enhance Morph's capabilities and expand its impact," said Cecilia Hsueh, Co-Founder and CEO of Morph. "This fund will not only provide capital, but more importantly, create an end-to-end growth environment for pioneering consumer blockchain projects. By leveraging Morph’s advanced blockchain infrastructure and investment expertise, we aim to drive innovation in the Web3 space and generate greater value within the Morph ecosystem."

The fund will also assign dedicated strategic venture partners to consumer blockchain projects, providing fundraising support to help them close funding rounds, secure additional capital, and navigate complex investment landscapes. Selected projects will gain access to Morph’s technical resources, development tools, and operational know-how, and receive co-marketing exposure through Morph’s media channels, social platforms, and industry events to boost their brand visibility.

Forest Bai, Co-Founder of Foresight Ventures, stated: "We view consumer applications as the only path to mass adoption of Web3, and are excited to back an ecosystem like Morph that is so deeply committed to consumers. Morph Network offers a highly practical technology stack, an ecosystem acceleration system, and exclusive advantages in regional markets that are difficult for other projects to replicate."

The Morph Ecosystem Fund will prioritize projects that not only deliver innovative, real-world consumer blockchain solutions for Web3 and the wider tech landscape, but also align with Morph’s long-term strategic goals and have the potential to strengthen the overall resilience of the blockchain ecosystem.

For more information on how to apply for funding, please visit www.morphl2.io.

About Morph

Morph is a modular, consumer-grade public blockchain solution designed to deliver unparalleled scalability and security while maintaining flexibility and composability.

Built on foundational architecture including decentralized sequencers, Rollup, and Optimistic zk-EVM, Morph supports a wide range of consumer-grade operations and is committed to cultivating a vibrant community where everyone actively contributes and shares. Morph’s core vision is to make blockchain technology easy to use and indispensable in everyday life, ensuring it meets the practical needs of users beyond the cryptocurrency space.

About Foresight Ventures

Foresight Ventures is a research-driven crypto investment and incubation powerhouse with a premier Web3 media network. It serves as one of the key bridges connecting Eastern and Western Web3 ecosystems.

With a proven track record of supporting early-stage Web3 projects and advancing blockchain innovation, Foresight Ventures is dedicated to collaborating with visionary initiatives that have the potential to reshape the future of digital finance and beyond.

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