$25M Web3 Fund Launches Paper Ventures: The Future Unleashed

Paper Ventures has launched a $25 million venture capital fund to support early-stage Web3 and blockchain initiatives. The fund, backed by prominent blockchain figures, aims to make a substantial impact in the nascent stages of project development. The founders of Paper Ventures, Danish Chaudhry, Oliver Blakey, and Ivailo Jordanov, bring a wealth of experience in venture capital investment within the Web3 sphere. They plan to provide not just capital, but also guidance and support, leveraging their industry knowledge and networks. The fund’s creation saw input from a diverse group of investors, including hedge funds, family offices, and crypto pioneers. Paper Ventures aims to be at the forefront of innovation in the blockchain space, fostering groundbreaking ideas that redefine the boundaries of technology and finance. The founders have a track record of early investments in successful projects and have a knack for identifying and nurturing early potential. The team’s depth is further enriched by Oliver Blakey’s expertise in game theory and Danish Chaudhry’s financial acumen. Paper Ventures positions itself as a catalyst for entrepreneurs with a forward-looking vision in the Web3 domain, committed to identifying and supporting hidden gems in the digital landscape.