OKX Blockdream Ventures Launches $10 million Fund to Support Aptos Ecosystem
VICTORIA, SEYCHELLES, OCTOBER 18, 2022 –OKX Blockdream Ventures, the investment arm of the leading global cryptocurrency trading platform OKX, today announced the launch of a new $10 million fund to invest in Aptos projects.
Aptos, a new layer-1 network. It boasts technical abilities that solve some of the constraints of Ethereum and the frequent downtime on Solana. The new Aptos network was built using a unique Rust programming language. MOVE solves some of the problems with Ethereum. These include the scalability trilemma and the fact that Ethereum cannot perform parallel processing.
OKX Blockdream Ventures encourages interested applicants to e-mail blockdream@okx.com with more details about their projects.Under the program,OKX Blockdream Ventures will provide support for projects on Aptos ecosystem bespoke support to investee companies and projects through the following:
First, it will help startups identify and improve products and services. It will also assist entrepreneurs in establishing meaningful strategic partnerships and connecting with potential customers, investors, consultants, and buyers.
Second, the investment arm will provide entrepreneurs with essential resources around the world. From mainland China to Silicon Valley; Southeast Asia to Latin America, OKX Blockdream Ventures will harness its global network of media, influencers and communities.
Third, it will provide comprehensive support for projects that have secured investment by doing things like promoting them on trading platforms. Excellent projects will be recommended to OKX, and will be given the opportunity to access OKX products and services, publicity resources, user traffic data, brand endorsements, and more.
“We are delighted to partner with Aptos and look forward to working together to empower high-quality projects while supporting their development,” said Dora Yue, Founder of OKX Blockdream Ventures. “OKX Blockdream Ventures looks forward to providing continuous support to companies built on Aptos. We will collaborate with these companies to create value for the blockchain industry while continuing to expand the sector and its user volume.”
About Aptos
Aptos is a proposed Layer 1 blockchain that uses the Move programming language. The cryptocurrency promises users increased scalability, reliability, security and usability.
About OKX Blockdream Ventures
OKX Blockdream Ventures is an investment institution under the worldwide top trading platform OKX. It focuses on exploring the best blockchain projects on a global scale, supporting the most cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.
OKX Blockdream Ventures is also committed to helping entrepreneurs who contribute to the development of the blockchain industry build great companies and bring global resources and historical experience to blockchain projects. The initial capital of OKX Blockdream Ventures is USD 100 million.
