Gate Ventures adds Morph VC Collective to jointly promote the development of the mainstream of the blockchain

Gate Ventures, the venture capital arm of Gate.io, announced that it has officially joined the newly formed Morph Venture Capital Collective. The alliance brings together a number of top venture capital institutions and is committed to supporting innovative consumer blockchain projects. Through this strategic cooperation, Gate Ventures will further expand its blockchain investment areas, especially focusing on achieving more development in the Morph ecosystem that promotes the popularization of blockchain technology.

Morph Venture Capital Collective aims to closely connect blockchain projects with extraordinary potential with top reputable venture capital institutions, including Pantera Capital, Spartan Group, Foresight Venture and Gate Ventures. As a new member of the cooperation program, Gate Ventures will help the alliance achieve its mission of supporting the sustainable growth of consumer blockchain applications, providing funding, strategic cooperation and mentor support to promote the growth and market expansion of emerging projects.

"We are excited to become a member of the Morph VC Collective, which is highly aligned with our mission to support blockchain innovation." said Kevin Yang, managing partner of Gate Ventures. "By partnering with other top venture capital institutions, we will It can better help innovative blockchain projects find the resources they need to promote their success. The Morph ecosystem is about to lead the next wave of consumer-level blockchain technology, and we are very happy to participate in this change."

Morph plans to provide more exposure opportunities for blockchain projects in its ecosystem, helping them gain attention and guidance from top investment institutions in their early growth stages. Projects will be evaluated based on multiple criteria such as technical feasibility, team composition, scalability, market potential, etc. to ensure that the applications with the most potential can receive the support they need to help them thrive.

As an important part of this collaboration, Gate Ventures will have the opportunity to gain insight into carefully selected high-potential projects within the Morph ecosystem, further demonstrating its commitment to discovering and nurturing the next generation of blockchain applications.

"We are very pleased to welcome Gate Ventures to the Morph VC Collective, which injects new strength into our strategic partner network and further accelerates the mainstreaming of blockchain technology. We will work with our growing venture capital alliance partners to build A strong support system empowers innovative blockchain project teams to create impactful consumer applications," said Cecilia Hsueh, CEO of Morph.

Morph is committed to pushing blockchain technology into the mainstream, especially through its application to a wide range of groups such as gamers and social media users, which is highly consistent with Gate Ventures’ investment philosophy. This cooperation will promote the popularization of blockchain technology and reshape the interaction between decentralized applications and ordinary users.

For the latest news about Gate Ventures joining the Morph VC Collective and blockchain project opportunities, please visit www.gate.io/ventures

About Gate Ventures

Gate Ventures is the venture capital arm of Gate.io, focusing on investments in decentralized infrastructure, ecosystems and applications, aiming to promote global change in the Web 3.0 era. Gate Ventures works with global industry leaders to fully support teams and startups that have the potential to reshape social and financial interactions.

About Morph

Morph is a groundbreaking consumer tier that serves as a distribution hub for resources, providing builders with the resources they need to market and scale at scale. It utilizes a hybrid solution of ZK and Optimistic Roll-up technologies as well as a decentralized sorter to bring unlimited possibilities to mainstream user groups and become a friendly choice for developers when building such applications.

Disclaimer

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