Driving Sustainable Web3 Adoption on Cardano
EMURGO is a founding entity of the Cardano blockchain, an open-source and decentralized blockchain platform driven by a research-first approach. Cardano is also considered to be one of the biggest environmentally-friendly blockchain networks in the industry due to its algorithm.
The mission of Cardano is to provide accessible economic services to all through its platform which can host decentralized applications (dApps) for finance, wallets, NFTs, identity, and a whole lot more. To date, there are more than 3.8 million active ADA (Cardano’s native cryptocurrency) wallet addresses signaling its global reach.
Now, Web3 and blockchain has excited the tech industry and broader audience about its abilities to allow users to read, write, and own content, as well as monetize and manage personal identities through the use of open-source blockchain technology such as Cardano.
To drive the usage of Cardano in Web3, EMURGO will be at Asia’s largest Web3 and blockchain conference TOKEN2049 in Singapore on September 28-29, 2022. EMURGO will be there to meet with all attendees, including networking with partners that show synergy with EMURGO and Cardano’s mission to drive sustainable Web3 adoption on Cardano.
Let’s go over the 3 types of partners EMURGO would like to meet at TOKEN2049 Singapore.
#1 – Web3 and blockchain startups building solutions and services
EMURGO Ventures is the venture arm of EMURGO that identifies and invests in promising Web3 blockchain, and tech startups that show synergy with the Cardano blockchain ecosystem.
EMURGO Ventures has a broad investment strategy based on solutions and services with Cardano interoperability. It targets investments into a range of blockchain and tech startups and also established companies. The end goal is to drive Cardano’s Web3 adoption by investing in a variety of Cardano-native and non-Cardano technologies that can provide interoperable solutions and services to Cardano’s users.
If you’re a Web3 blockchain developer or a startup building a dApp either on the Cardano blockchain or ones that are interoperable with Cardano, please come and meet with EMURGO at our booth to discuss your project and funding opportunities.
For those unable to be at the conference, please send investment queries to ventures@emurgo.io
#2 – Venture capital firms seeking Web3 and blockchain investments
VC investment into blockchain and Web3 surged from $3 billion in 2020 to more than $25 billion in 2021, a surge of 713% and a sign of market acceptance for the potential of the Web3 market to expand and create new business models in the years to come.
This funding has flown into startup entrepreneurs building the latest Web3 and blockchain projects including NFTs, DeFi, Layer-2 scaling solutions, etc. to find the right product-market fit. Funding has supported the creation of new Web3 and blockchain industry jobs and thereby boosted the availability of lucrative job openings.
With many industry-native firms already heavily investing in Web3, many traditional investment firms are keen on diversifying their portfolios and entering the promising Web3 space.
EMURGO and its two investment arms EMURGO Ventures and EMURGO Africa have already been making sizeable investments in the Web3 space to drive the development of the Cardano ecosystem with a variety of Web3 solutions and services.
Whether you have yet to invest in the Web3 and blockchain space or are currently invested in the Web3 space, TOKEN2049 in Singapore will be a great place to meet with EMURGO to discuss further investment opportunities.
#3 – Traditional enterprises adopting a blockchain and Web3 strategy
Many Web2 companies and traditional industries outside of blockchain have yet to adopt a blockchain strategy for their businesses. While a Web3 and blockchain strategy may not be necessary for every business and industry, there remains a tall knowledge barrier blocking many of these companies from adopting blockchain technology.
Millennials and young users are the prime consumers demographic for many industries and their products. Millennials are usually at the forefront of adopting and shaping new cultural, social, and economic trends. In terms of blockchain and cryptocurrencies, millennials are more bullish on the blockchain industry than traditional stocks.
To overcome this knowledge barrier and start discussing if Web3 and the Cardano blockchain can deliver a unique solution and service to your traditional business, TOKEN2049 is a great place to meet EMURGO.
Meet us at TOKEN2049 to discuss how Cardano can solve your needs
TOKEN2049 is set to be Asia’s largest Web3 and blockchain conference this year. Held in Singapore on September 28-29, 2022, EMURGO will be hosting a booth and a pool party for the Cardano community during the week.
For more information on the pool party, please visit here and use the special code “SNCARDANO2049” on the “Invitation Code” to register to be approved.
As space is limited, registration approval will be determined on a case-by-case basis.
If you are in town, feel free to come and talk to us at our booth or at the community event to discuss how we can solve your Web3 and blockchain needs utilizing the Cardano platform.
For those unable to attend in person, please contact us at ventures@emurgo.io for investment-related questions and marketing@emurgo.io for more general questions.
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