Last year, P2 Ventures, an investment firm specializing in blockchain technology, was established as a spin-off from Polygon Labs. They have recently announced their plan to invest $50 million into emerging businesses. This commitment could potentially ignite fresh initiatives within the Polygon network.
P2 Ventures’ investment will be funneled to founders via Hadron FC, a founder program with locations in Dubai and New York. This program offers mentorship, legal and regulatory guidance, networking events, and extensive assistance for navigating startup development and fundraising, as stated in the press release. Out of the first 36 projects accepted into the program, some participated in a week-long on-site collaboration session at the Dubai facility.
According to Shreyansh Singh, head of investments at P2 Ventures, the announcement reflects our strong belief in Hadron Club’s unique capability to ignite the dreams of innovative leaders within the Polygon community.
A key member of Hadron FC’s team, Ajit Tripathi, expressed that our community boasted an ideal blend of encouragement, resources, and positive energy.
Last year, the team of ten people behind P2 Ventures was extracted from Polygon Labs, which is the main company developing Ethereum‘s Polygon layer-2 networks (Polygon is a scalability solution for Ethereum). Subsequently, they established P2 Ventures as a separate business.
Read More
- Hades Tier List: Fans Weigh In on the Best Characters and Their Unconventional Love Lives
- Smash or Pass: Analyzing the Hades Character Tier List Fun
- Why Final Fantasy Fans Crave the Return of Overworlds: A Dive into Nostalgia
- Sim Racing Setup Showcase: Community Reactions and Insights
- Understanding Movement Speed in Valorant: Knife vs. Abilities
- Why Destiny 2 Players Find the Pale Heart Lost Sectors Unenjoyable: A Deep Dive
- W PREDICTION. W cryptocurrency
- How to Handle Smurfs in Valorant: A Guide from the Community
- FutureNet Co-Founder Roman Ziemian Arrested in Montenegro Over $21M Theft
- Destiny 2: How Bungie’s Attrition Orbs Are Reshaping Weapon Builds
2024-04-17 14:07