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Home » Unreal DAO and European Investment Bank Collaborate to Launch $30 Million Blockchain Startup Fund

Unreal DAO and European Investment Bank Collaborate to Launch $30 Million Blockchain Startup Fund

Kelly Cromley by Kelly Cromley
Dec 11, 2023
in Market News, News
Reading Time: 2 mins read
0

Unreal DAO, in collaboration with the European Investment Bank (EIB), proudly announces the creation of a dedicated fund with an authorized capital of $30 million. The primary objective of this initiative is to extend vital support and financial backing to emerging blockchain startups poised for growth and innovation.

 

Strategic Support for Blockchain Advancements

 

In the dynamic landscape of blockchain technology, both Unreal DAO and EIB acknowledge the immense potential and transformative capabilities inherent in these emerging startups. The fund has been meticulously crafted to strategically nurture and propel the next wave of innovations within the blockchain space.

 

Pavel Kaplin, CEO at Unreal DAO, expressed enthusiasm about the partnership with EIB, emphasizing their commitment to fostering pioneering projects in the blockchain industry. In his words, “Our goal is to provide not just financial backing but also strategic guidance and resources to empower startups and drive meaningful advancements in the blockchain industry.”

 

A $30 Million Commitment to Startup Empowerment

 

The $30 million fund signifies a substantial commitment towards empowering startups by offering essential financial resources, mentorship, and access to a vast network of industry experts. This collaborative effort aims to fuel the development of groundbreaking blockchain solutions across various sectors.

 

Cyril Rousseau, Chief Financial Officer at EIB, expressed excitement about the partnership, stating, “As part of the European Investment Bank, we’re thrilled to partner with Unreal DAO in this venture. This initiative aligns with our mission to stimulate innovation and accelerate the adoption of blockchain technology across Europe, fostering a vibrant ecosystem for startups to thrive.”

 

Inviting Blockchain Startups to Seize the Opportunity

 

Unreal DAO and EIB extend an invitation to promising blockchain startups to explore and apply for funding from this groundbreaking initiative. The fund is actively seeking projects that demonstrate innovation, strong fundamentals, and a clear vision for reshaping industries through blockchain technology.

Empowering Tomorrow’s Innovators: Unreal DAO and EIB’s Call for Blockchain Visionaries

 

Unreal DAO and EIB are calling on promising blockchain startups to seize the opportunity presented by their collaborative fund. This unique initiative, backed by a $30 million commitment, aims to support projects showcasing innovation, robust fundamentals, and a clear vision for transforming industries through blockchain technology.

 

Fostering a Vibrant Ecosystem

 

The partnership between Unreal DAO and EIB underscores their shared commitment to fostering a vibrant ecosystem for blockchain startups. By providing not only financial support but also strategic guidance and resources, the fund intends to empower startups and catalyze meaningful advancements in the blockchain industry.

 

This strategic collaboration signifies a significant step towards realizing the potential of blockchain technology in various sectors. Startups with groundbreaking ideas are encouraged to apply for funding, as the fund actively seeks projects that align with its mission to accelerate innovation and adoption of blockchain technology across Europe.

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