CovenLabs aims to broaden the Web3 ecosystem by offering tailored solutions for brands and businesses to establish their presence in this realm and by supporting initiatives related to functionality, interaction, and collaboration. Mihriban Ersin Tekmen, the Co-Founder of Colendi, and Mert Frat, a well-known entrepreneur, investor, and actor, have established CovenLabs. The company will offer financial assistance, a network, a community, content, and financial support. CovenLabs is set to provide a range of personalized services such as strategy development, NFT creation, tokenization, gamification, fintech integration, content administration, and community development.
Mihriban Ersin Tekmen stated that they will utilize their experience and trust in technology and finance to develop and execute the Web3 project. With a team possessing world-class experience, technical expertise, and innovation, we aim to bring about a significant change in this discipline.
For over 20 years, Mihriban Ersin Tekmen has been involved in several successful endeavors. She referred to her latest project, Covenlabs, as her magnum opus and seventeenth attempt. “New territory is being forged by Web3,” said Ersin Tekmen, who is a Board Member and Founding Partner of Colendi, a fintech company that has been operating for the last ten years. Our goal is to create a future that is decentralized, allowing for global economic participation by all. In this new world, CovenLabs will serve as a connection between the physical and digital domains.
Not only will we execute our own Web3 projects, but we’ll also assess all received projects thoroughly and offer technical, marketing, design, and investment support to those that successfully pass the evaluation, regardless of their current stage. Our team comprises highly skilled and innovative individuals who are capable of creating, executing, and sustaining decentralized projects that can transform the world.
Mert Frat expressed gratitude towards CovenLabs for their role in the creation of necessary structures and communities in the Web3 realm. CovenLabs co-founder Mert Frat is recognized for his achievements in entrepreneurship and acting. In 2015, Ali Ercan Ozgur and Frat, who co-founded the Culture, Art, and Life Center DasDas with Muzaffer Yldrm, Didem Balcn, Harun Tekin, and Koray Candemir, introduced the Needs Map. Two years ago, Frat obtained Mobilet, a platform that revolutionized the ticketing experience by incorporating before and after social discovery and sharing. Frat has now ventured into the Web3 realm with CovenLabs.
According to Frat, all the initiatives he has been a part of so far have come about as a result of his quest for solutions to fulfill a requirement. It’s exciting to witness the revival of the anonymous and unrestricted ethos of the early Internet with Web3, which is now more capable, experienced, and secure. The emergence of new structures and communities in the Web3 world will be facilitated by CovenLabs.
CovenLabs plans to function as a Web3 project incubator for other companies and brands, in addition to developing its own Web3 projects. This move is expected to contribute significantly to the expansion and growth of the Web3 ecosystem. CovenLabs plans to provide a range of tailored services such as strategy development, NFT creation and tokenization, gamification, fintech integration, content administration, and community building.
