A cryptocurrency venture capital fund invests in promising web3 companies. Investments primarily focus on developing cryptocurrencies, blockchain technology, decentralized finance (DeFi), non-fungible tokens (NFTs) and related technologies.

The primary objective of these funds is to identify high-potential projects at an early stage and provide them with the financial resources, strategic guidance and industry connections to succeed.

Unlike traditional venture capital, which may invest across a wide range of industries, cryptocurrency venture funds focus exclusively on the web3 space. Their goal is to identify crypto startups with the potential for significant growth and, consequently, high returns on investment.

The …