Welcome to our list of top Web3 ecosystem funds! Web3, also known as decentralized or blockchain-based web, represents a new generation of internet technologies that aim to decentralize the web and give users greater control over their data and online activities.
These funds invest in projects and companies that are building the infrastructure and applications for the Web3 ecosystem, supporting the development and adoption of this exciting new technology. In this list, we have compiled a selection of the top funds that are driving innovation and growth in the Web3 space. Whether you are an investor, entrepreneur, or just interested in Web3, this list is a great resource for staying up-to-date on the latest developments and opportunities in the Web3 ecosystem.
Decentralized technology has the potential to disrupt traditional business models and create new opportunities for innovation. As such, it’s no surprise that Web3 ecosystem funds are becoming an increasingly important source of support for projects in this field. In this blog post, we’ll be introducing you to some of the top Web3 ecosystem funds out there. From ecosystem funds to DeFi funds, these organizations are helping to fuel the growth and development of the Web3 ecosystem
Our Criteria for selecting Top VCs investing in AI
- Investment focus on Web3 and decentralized technologies
- Strong track record of investing in successful Web3 projects and companies
- Deep understanding of the Web3 ecosystem and its potential for growth and disruption
- Active involvement in the Web3 community through events, partnerships, and thought leadership
- Diverse portfolio of Web3 investments across different sectors and stages of development
- Strong management team with relevant industry experience and connections
- Positive reputation within the Web3 industry and investor community
- Transparent investment process and communication with portfolio companies and investors
- Flexibility to adapt to the rapidly evolving Web3 landscape and seize new opportunities.
List of Top Web3 Ecosystem Funds
The Oasis Ecosystem Fund, which is now at $235 million following an additional $35 million contribution from various new investors including Newman Capital and Seven X Ventures, is among the largest and strongest in the industry. With a focus on innovation, the Oasis Ecosystem Fund is dedicated to helping founders and projects build on the network to power future DApps, including Defi, NFTs, crypto gaming, the metaverse, data tokenization, data DAOs, data governance, and privacy applications.
Polygon is committed to bringing mass adoption to Web3, and they see Supernets as a key part of this effort. They envision a scalable multi-chain system consisting of multiple Publicness (such as Polygon PoS or the upcoming Polygon Hermez) and potentially an unlimited number of Supernets that can easily connect and exchange value and information. To further this vision, Polygon is setting aside $100 million for the development and adoption of Supernets. These funds can be used for a variety of purposes, including development contracts and grants, research contracts and grants, third-party integrations and partnerships, project onboarding and migration, liquidity mining, and acquisitions.
The NEAR ecosystem recently announced a monumental $800 million in funding initiatives to accelerate its growth. This announcement included the $350 million in funding that was announced by Proximity Labs last week, as reported by Bloomberg. These initiatives were designed to build on the momentum that the NEAR ecosystem had gained over the past year.
While all communities were given access to this record amount of funding, NEAR placed a focus on Decentralized Finance (DeFi) teams that are actively revolutionizing and reimagining the way we interact with money. By providing support and funding to these teams, NEAR aims to further advance the ecosystem and encourage innovation.
Aptos, a blockchain project founded by the original Diem team, has announced the launch of its Aptos Ecosystem Grant Program. This program will provide funding for projects in categories such as developer tooling, core protocol contributions, open source and public goods, education initiatives, and applications (such as DeFi, NFTs, social networks, gaming, DAOs, payments, and bridging). Grants will be distributed in U.S. dollars, but there may be the option to distribute tokens in the future to incentivize long-term growth for all parties involved. In addition to the grant program, Aptos has revealed that 100 projects have been built on its network, with use cases covering DeFi, NFTs, games, and more. The company plans to launch its mainnet in late September.
The Sui Foundation is looking for developers to build native Sui apps as part of its mission to accelerate the adoption of web3 through Sui and fund those who contribute to the decentralized future. Developers who are selected for the program will receive a small initial grant and the opportunity to receive additional funding as specific milestones are achieved. Grants from the Sui Foundation vary in size and type of currency, with amounts ranging from $10k to $100k, and the possibility of additional SUI token rewards. To be considered, developers should complete the linked questionnaire, with preference given to innovative projects that benefit the Sui ecosystem. All grant proposals should be for open-source projects that will benefit the broader Sui community. If selected to receive a grant, applicants will be required to pass an identity verification and sanctions screening process.
The Dogechain Grants Program is a way for the Dogechain team to support and grow the Dogechain ecosystem. This program promotes several core principles that will help establish a long-term, viable ecosystem where Dogecoin users can access smart contracts with their DOGE. These principles include innovation, inclusivity, growth, community, decentralization, and transparency.
The program was created to support builders who are willing to create new, groundbreaking blockchain products for the Dogechain community. The Dogechain team is interested in supporting any project that builds on the platform and follows these principles. In this way, the Dogechain Grants Program aims to help builders who are not afraid to take risks and provide new solutions for the Dogechain community.