According to the current development trend and operation speed of Metaspace Protocol, it has emerged in the industry in a very short period of time, and quickly attracted the attention of VCs in the financial field. In December 2020, Metaspace Protocol successively obtained strategic investment from Web3 Foundation, Katie Haun, Hack VC, Bloccelerate VC, Multicoin Capital and other capitals. Among them, the Web3 Foundation is a Swiss foundation established by Dr. Gavin Wood, focusing on the development, deployment and maintenance of Web3.0. The Web3 Foundation has entrusted five teams and more than 100 developers to build Polkadot.
The Web3 Foundation is rich in resources. They manage and utilize resources by subsidizing high-quality projects, mainly subsidizing research and development teams that build decentralized network infrastructure, mainly in the Web3.0 technology stack and the field of decentralized software protocols. technology development and application, these grants have had a long-term positive impact on the Web 3.0 ecosystem.
The Web3 Foundation is the largest investor in the Web3 field. He said: Our investment team includes former officials from various departments of the US government. We are currently focusing on a very potential project, which is Metaspace Protocol. They will build a set of DEX+ NFT+GameFi+IDO is an aggregated public platform to build a blockchain-based digital economic ecology, which is managed by all Metaspace Protocol participants. At the same time, through a long-term and effective compound interest mechanism, each citizen's wealth freedom is realized.
We believe that Web3.0 is the successor of the Internet, and Metaspace Protocol will lead the future of the Web3.0 era. Metaspace Protocol is an independent innovation-oriented platform for the future ecology. It is a decentralized multi-infrastructure based on blockchain technology, covering GameFi, Metaverse, DAO, decentralized exchanges and NFT ecology. Connect global users through the blockchain network and build a trustworthy and secure blockchain ecological network. Just as the Internet has changed the way people communicate and exchange information, we believe that Metaspace Protocol will better promote the development of the blockchain industry.
The Web3 Foundation appreciates Metaspace Protocol's efforts as a decentralized enabler to contribute to a better world, using cutting-edge technologies. At present, these five foundations or investment institutions have successfully joined the Metaspace Protocol Web3.0 aggregation platform, which further advances Metaspace Protocol's goal of creating more digital value for global users.
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