VC firms are betting big on Bitcoin, signaling a shift from speculation to infrastructure. Ego Death Capital's $100M fund is leading the charge.
Alright, picture this: VC firms are throwing serious cheddar at Bitcoin projects. It's not just digital gold anymore; it's becoming a whole ecosystem. Ego Death Capital's $100 million fund is a prime example, and here's the lowdown.
Ego Death Capital: Bitcoin Maximalists with Deep Pockets
Ego Death Capital, founded by Bitcoin advocate Jeff Booth, isn't your typical Web3 venture fund. They're all about Bitcoin, baby! Launched in 2022, they're dropping serious coin on companies building on the world's first blockchain. Their $100 million fund aims to support Series A rounds, with investments ranging from $3–8 million. These investments highlight the VC firm’s belief in Bitcoin's potential beyond just a store of value, viewing it as a robust infrastructure for innovation.
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