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Innovative Falcon Gate Ventures Fund: Support for Blockchain Projects

Gate Ventures and The Blockchain Center introduce the $100 million Falcon Gate Ventures fund to support global blockchain innovations, aiming to advance Web3 creators worldwide. This initiative strengthens the United Arab Emirates' standing as a pivotal hub for digital innovation, fostering economic growth and international collaboration in the blockchain sector.

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19 August 2024 | 13:41

Gate Ventures and The Blockchain Center Launch $100 Million Falcon Gate Ventures Fund

Gate Ventures and The Blockchain Center, based in Abu Dhabi, have announced the launch of the $100 million Falcon Gate Ventures fund. This fund aims to invest in blockchain technology innovations worldwide, supporting Web3 creators who are driving the transformation of the globe into the digital era.

Falcon Gate Ventures Supports Projects with High Global Potential

Projects supported by the Falcon Gate Ventures fund will have the opportunity to expand internationally, focusing on technical innovations in regions such as the Middle East, Asia, the USA, and other significant locations.

This initiative aims to:

  • Support the growth of the global Web3 ecosystem;
  • Accelerate economic development;
  • Strengthen the position of the United Arab Emirates as a central hub of the global digital economy.

Gate Ventures and The Blockchain Center Partnership to Support High-Potential Blockchain Projects

The collaboration between Gate Ventures and The Blockchain Center aims not only to support but also to scale blockchain projects with the potential to have a significant impact on the future of blockchain technology and digital assets on a global scale.

The planned scope of partner activities includes:

  • Supporting innovative start-ups and projects worldwide;
  • Promoting education and research in the field of blockchain technology;
  • Facilitating international cooperation in the blockchain sector.

Strengthening the Position of the United Arab Emirates as a Center for Blockchain Innovation

Through the Falcon Gate Ventures initiative and the collaboration between Gate Ventures and The Blockchain Center, the United Arab Emirates gain additional value, becoming a central point of innovation in blockchain technology. This partnership attracts international talent, actively shaping the future of innovative solutions in this field.