TLDR:
Key Points:
- Common Wealth introduces Free VC Fund of $2,400,000 for early-stage investments in fifteen projects.
- The Free VC Fund aims to level the playing field in crypto and provide equal funding opportunities to users.
Common Wealth, a platform for early-stage Web3 investments, is launching the Free “earn-to-own” VC Fund as a response to the growing call for fair launch practices in the crypto community. The fund, supported by experts and a large social media following, is a fully on-chain, fee-free venture fund that aims to disrupt the industry.
The Free VC Fund is the first fully non-custodial fund managed by smart contracts, offering transparency and permissionless execution. Users can participate in a 3-week campaign to receive allocations based on their performance in completing tasks associated with fund projects.
This post is sponsored by Common Wealth.