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Falcon Gate Ventures Fund: World-Scale Support for Web3 Innovations

Discover how Falcon Gate Ventures Fund, supported by Gate Ventures and the Blockchain Center, aims to foster Web3 innovation worldwide. Learn about their $100 million fund focusing on tech breakthroughs, collaboration with regulatory bodies, strategic support for creators, and workforce development. Explore how they promote innovation in the blockchain market.

ai
19 August 2024 | 12:02

Falcon Gate Ventures Fund: Supporting Web3 Innovation

Gate Ventures, the venture arm of Gate.io, and the Blockchain Center in Abu Dhabi, have announced the establishment of the Falcon Gate Ventures fund worth $100 million, aimed at supporting innovation in the Web3 space. This initiative seeks to support Web3 creators committed to shaping the world in the digital era.

Objective and Scope of the Fund

The Falcon Gate Ventures fund aims to support projects from around the world, with a particular focus on technological breakthroughs in the Middle East, Asia, the USA, and other key regions. The project intends to stimulate the development of the Web3 ecosystem globally and strengthen the position of the United Arab Emirates as a central hub in the international digital economy.

Collaboration with Regulatory Bodies

Falcon Gate Ventures will closely collaborate with international regulatory bodies to develop frameworks that support innovation and ensure the protection of global users. The shared vision of Gate Ventures and the Blockchain Center is to support and scale promising blockchain projects and accelerate the adoption and impact of blockchain innovations, both within the UAE and internationally.

Strategic Support for Web3 Creators

Falcon Gate Ventures is not just a financial commitment but a strategic endeavor bringing diverse resources to support Web3 founders with global aspirations. By leveraging the wide network and expertise of Gate Ventures and the Blockchain Center, Falcon Gate Ventures aims to discover and support projects capable of shaping the future of blockchain technology and digital assets.

Workforce Development and Educational Growth

The fund aims to accelerate the implementation of blockchain solutions by financing innovative projects and startups worldwide. The initiative seeks to build a skilled global workforce through investments in education and research initiatives. Falcon Gate Ventures aligns with the vision of the UAE as a global leader in the digital economy, strengthening the country’s position as an innovation hub in the blockchain field and attracting talent from around the world.

Promoting Innovation in the Blockchain Market by Gate Ventures and Blockchain Center

Gate Ventures is the venture arm of Gate.io, one of the largest and most trusted cryptocurrency exchanges globally. Specializing in early-stage investments in blockchain and digital assets, Gate Ventures supports innovation and growth in the global blockchain market. The Blockchain Center in Abu Dhabi is a leader in the blockchain and digital asset industry, supporting education, research, and innovations in this area.

Both entities not only invest in the future but actively shape it, paving the way for a new era of innovations that transcend boundaries and have a lasting global impact.