<span style="font-weight: 400"><a href="https://master.ventures/portfolio/" target="_blank" rel="nofollow noopener">Master Ventures</a>, an Asia-based private venture capital firm, <a href="https://medium.com/polkadot-network/the-launch-of-parachains-78188fcf024f" target="_blank" rel="nofollow noopener">announced </a>on Wednesday to launch a $30M venture capital fund to promote enterprises attempting to integrate with Polkadot as well as other early-stage ventures based on the protocol.</span>
<h2><span style="font-weight: 400">Master Venture Launches $30M Venture Capital Fund</span></h2>
<span style="font-weight: 400">$1 billion Asia-based Blockchain incubator and private venture capital business, <a href="https://master.ventures/portfolio/" target="_blank" rel="nofollow noopener">Master Ventures</a>, announced today the creation of the Master Ventures Polkadot VC Fund, a $30 million venture capital fund. </span>

<span style="font-weight: 400">The fund, the first of its kind, will promote and finance Tier 1 Blockchain/cryptocurrency enterprises hoping to earn a Parachain space on the Polkadot Relay Chain, as well as fund early-stage investments in businesses in the fast-developing Polkadot &amp; Kusama ecosystem.</span>

<span style="font-weight: 400">The firm has invested in approximately 100 businesses, several of which have expressed an interest in developing on Polkadot. Polkadot, according to Master Ventures, will be one of the clear long-term winners in blockchain and ecosystems.</span>

<span style="font-weight: 400">According to Orion Depp, Managing Partner of Master Ventures Investment Management, Parachain winners such as Acala, Phala, and Litentry could represent the next Compound, Maker, and <a href="https://www.cryptoknowmics.com/news/zcash-technical-analysis-zcash-in-a-bear-hug/">Zcash</a> on Polkadot's next-generation platform.</span>
<h2><span style="font-weight: 400">About Polkadot</span></h2>
<span style="font-weight: 400">Polkadot is a<a href="https://www.cryptoknowmics.com/news/solana-sol-and-polkadot-dot-technical-analysis-what-to-expect/"> single network</a> that tries to make several blockchains function together. Each of these blockchains is referred to as a para chain, and to connect to Polkadot's main network, they must do so through a para chain slot, which is restricted in number.</span>
<h2><span style="font-weight: 400">About Master Ventures Polkadot Venture Capital Fund</span></h2>
<span style="font-weight: 400"><a href="https://master.ventures/funds/" target="_blank" rel="nofollow noopener">The Master Ventures Polkadot VC Fund</a> requires a $100,000 minimum investment and is only available to inhabitants of the United States and its underlying territories. Investing in the Fund is speculative and carries significant risk. </span>

<span style="font-weight: 400">Shares should only be purchased by those who can afford to lose all or a significant portion of their money. Past results are not a guarantee of future outcomes. </span>

Master Venture Launches $30M Fund to Promote Polkadot Activities

On Wednesday, Master Ventures, an Asia-based private venture capital firm, announced the formation of a $30M venture capital fund to promote Polkadot.

Kavya Barua is a voracious learner who is fascinated by crypto and Fintech advancements. Graduated from Janki Devi Memorial College's B.A (Hons) English program at the University of Delhi. She aspires to be a successful professional, having a keen interest in learning and achieving results.

Master Venture Launches $30M Fund to Promote Polkadot Activities

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