Summary
TLDR: The Core Foundation has launched the Core Venture Network (CVN) with over 50 venture capitalists supporting the development of Core Chain, a Bitcoin-secured, Ethereum Virtual Machine-compatible blockchain. They announced $15 million in regional ecosystem funds for projects in Africa, Latin America, and Southeast Asia. Members of the CVN can access pre-seed and pre-token opportunities, co-marketing, events, and potential co-investment from the $200 million Core Chain Ecosystem Fund.
Key Points
1. The Core Foundation launched the Core Venture Network (CVN), which consists of over 50 venture capitalists and investors supporting the development of Core Chain, a Bitcoin-secured, Ethereum Virtual Machine-compatible blockchain.
2. The CVN announced $15 million in regional ecosystem funds for projects based in Africa, Latin America, and Southeast Asia, with the Core Africa Innovation Fund being the first regional fund launched back in January.
3. Members of the Core Venture Network can access pre-seed and pre-token opportunities on upcoming Core Chain projects, as well as receive co-marketing opportunities, access to events, and inclusion in the Core DAO Alliance leader panels. Additionally, the CVN aims to provide mentorship, coaching, partnership facilitation, and potential co-investment from the $200 million Core Chain Ecosystem Fund.