Fantom Foundation and Mapleblock Capital have partnered to support projects building on the Fantom blockchain. The partnership aims to provide a significant funding boost to the Fantom ecosystem, setting the stage for broader adoption for the Fantom community.
“We are excited to be collaborating with Mapleblock Capital, who are very interested in supporting ecosystem projects on Fantom. They have been supporters of some of the biggest protocols launched in the blockchain space,” said Michael Kong, CEO of Fantom Foundation.
As part of this partnership, Mapleblock Capital is looking forward to –
Back projects across the Domains of Web3 – DeFi, GameFi, Infrastructure & Middleware, NFT & Metaverse, DAOs.
Support Beyond Capital – Mapleblock believes in supporting next-generation start-ups beyond the capital by supporting business development, marketing, critical in-house research, and team building, as well as support in building strategic partnerships for the growth of the protocols and startups.
Location Agnostic Investing – Mapleblock Capital backs distributed teams without bias about where the team is located.
Early Stage Backing – Being a Pre-seed and Seed investor, Mapleblock Capital always looks forward to backing protocols with strong fundamentals built by great teams.
Mapleblock Capital is a Web3-focused Early Stage Venture Capital fund with a location-agnostic investments approach. We have backed over 150+ Web3 companies. The early investments include layer-1 blockchains, leading centralized exchanges, infrastructure layers, Game-fi, Metaverse, DAOs, etc. Our recent investments include LimeWire, Maraverse, Neptune Mutual, Router Protocol, Bitscrunch, and many other undisclosed investments across the sub-domains of Web3.
Mapleblock Capital is doubling down on the founders building in bear markets. The cycles of bull runs and bear markets provide time-testing challenges to the Web3 ecosystem to further the maturity of the protocols and products being built. Mapleblock Capital believes the best protocols are built during challenging times, where the speculation activity is minimal, and its best to test the genuine utility.
Mapleblock Capital has been a big believer in the Fantom ecosystem and its scalable EVM-based blockchain solutions, leveraging Lachesis, the breakthrough aBFT consensus mechanism.
Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in about 1 second and cost just a few cents. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.
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