Buzz around the blockchain industry will not abate anytime soon as more use cases keep popping up across various sectors. There are a myriad of factors contributing to the momentum that we are currently seeing. One of the most significant is the increased readiness of the industry, both from a technical and an ideological perspective. With blockchain and cryptocurrency resurfacing in such an important way, it is important to also consider the institutions that are driving this change. Therefore, it is not surprising that NonceVC has revealed a new commitment to developing modern blockchain solutions.
Leading firm in Blockchain Venture Capital NonceVC Announces $ 18 Million Strategic Funds for Budding Web3 Companies to Drive Widespread Crypto Adoption. NonceVC is the venture arm of the famous blockchain development studio Nonceblox who has contributed significantly to the growth and development of Web3 companies around the world during the last 3 years.
Accelerating the Web3 Enterprises of the Future
This fund consolidates NonceVC’s commitment to scale web3 dapps and create a more accessible, decentralized and profitable crypto ecosystem. NonceVC aims to invest in fast-moving projects, with an initial focus on DeFi, Fintech, and NFT dapps, with the goal of empowering founders who are creating innovative applications in the blockchain ecosystem. The British Virgin Islands-based company already has credible web3 consulting and advisory experience, with a portfolio of over 27 web3 firms such as Defi11, VulcanForged, NiftyPays, ArcadeNet, Pacific DeFi, SinCity, Bingo, NextBloc, SolarBlox, Rise , Aimedis and 33 numbers, to name a few.
The companies that work with NonceVC are guaranteed transparency and credibility. Importantly, NonceVC does not discriminate between blockchain companies based on size, as long as they are related to blockchain and cryptocurrencies and consider themselves an equal opportunity investor.
When asked what they tend to look at when investing in companies, Vinshu Gupta, Co-founder of NonceVC, said: “Since we typically invest in the early stages of 1 to 4 founders in markets that are completely unexplored, the idea will be shaped. Over time, markets will change, but founders need to adapt and move forward together as a team. Persistence and innovation is what we value the most. “
Invest in superhumans
Asked “What is your investment thesis?”
Vinshu added: “A nonce is an abbreviation for a ‘number only used once‘. It is also a metaphor for what we do. We are super selective and we partner with unique founders and ideas.
“Capital is usually the smallest part of what we can contribute. It is the network effect that the Nonce brand brings with it that is often the most sought after in a company journey. Our mission is Provide financing to early stage startups that have the equipment and technology that can advance the crypto space in an innovative and meaningful way.
We are taking a long-term view of the web3 space and believe that multiple avenues are healthy and good for the ultimate benefit of the industry. “
Most startups often suffer from a lack of funds, knowledge, or experience. Have an extensive network of funds from sister unions, KoLs, community leaders and marketers, NonceVC is positioned as an ideal incubation partner for this type of startups.