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Topic: Tezos Announces 50 million in VC funding for Startups building on Tezos Platform (Read 363 times)

hero member
Activity: 1876
Merit: 512
I don't think $50 million is a huge give away from Tezo team, because the team is currently sitting on billions of USD. I think this is a win-win situation for them because it would allow their platform to kick on and attract developers to start working on their platform
newbie
Activity: 4
Merit: 0
This is pretty interesting. There are a few other platforms like Tezos that have emerged over the last few months promising to address the pain points experienced by crypto-investors and blockchain startups, one that stood out for me is Cofound.it, you can look them up here https://www.cofound.it. Cofound.it are helping startups grow and get funding by sparking a match between them and early adopters.


Cryptoinvestors
Though, as a crypto-investor, you might want to follow the judgement of an experienced team like Cofound.it, here are a few things to look out for when investing in blockchain startups;

1. Ingenuity & market application of the product
2. Experience of the team/advisors
3. Potential profitability of the startup [not the Cryptocurrency]

Startups
For startups looking to get adequate support to scale, amongst a host of offerings, here a few things Cofound.it offers;
1. Access to funding
2. Access to early adopters who are willing to try out your blockchain integrated product
3. Advisory and mentorship

Useful link for startups;
a. Criteria for application - http://bit.do/CFI_info
b. Application portal - http://bit.do/CFI_forum





https://www.tezos.ch/august-update.html#august-update
"$50 Million Venture Capital for Developers and Startups

We are extremely pleased to announce a commitment of $50 million in venture capital funding to companies looking to build on the Tezos platform. This capital will be partially deployed through venture capital partners to be announced, as well as through a direct venture arm. The innovation and growth of the ecosystem is the top priority of the Tezos Foundation."

Really impressed with the way Tezos is reinvesting ICO funds. It's refreshing to know they are committed to the long term success of the project. Really impressed with everything about Tezos so far ( technology, team, roadmap, ambitions etc... ).

full member
Activity: 262
Merit: 100
Кaкиe нoвcти ecть пo пpoeктy?oн yмep?
full member
Activity: 350
Merit: 100
Swipe
Tezos is a very good project, I am eager for its epochal platform.Let's just wait to see what will happen.
newbie
Activity: 9
Merit: 0
I agree but I'm hoping to get one last chance and buying this before it blows up... So for now I have to FUD it. Tezos is just another project, move along ...  Grin

Tezos has longterm potential. Buy and Hold is smart expecially if you can get it cheap post ico.
sr. member
Activity: 404
Merit: 253
I agree but I'm hoping to get one last chance and buying this before it blows up... So for now I have to FUD it. Tezos is just another project, move along ...  Grin
newbie
Activity: 9
Merit: 0
https://www.tezos.ch/august-update.html#august-update
"$50 Million Venture Capital for Developers and Startups

We are extremely pleased to announce a commitment of $50 million in venture capital funding to companies looking to build on the Tezos platform. This capital will be partially deployed through venture capital partners to be announced, as well as through a direct venture arm. The innovation and growth of the ecosystem is the top priority of the Tezos Foundation."

Really impressed with the way Tezos is reinvesting ICO funds. It's refreshing to know they are committed to the long term success of the project. Really impressed with everything about Tezos so far ( technology, team, roadmap, ambitions etc... ).
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