ConsenSys set up a fund to finance the chain chain company

nnnRiverside Commentary: The company is a fund funded by a leading chain of investment. The expert pointed out that it was necessary to conduct due diligence in the financing of emerging companies in the chain area to ensure that the funds were in the right place. At the same time, he also praised the strong potential of the block chain, that the technology will play a very important role in the future.n
nnTranslated by: Inan
nThe company is announcing the establishment of a $ 50 million venture capital fund to finance the chain chain start-up company.n
nThis fund is called ConsenSys Ventures, who is the investment specialist Kavita Gupta. Gupta pointed out that although this year there has been a new way of financing, and achieved amazing development, but the traditional venture still has its own advantages, still in the block chain play an important role.n
nGupta said,n
nn”In the case of financing, due diligence is still very important, for example, even if both doctoral students have successfully sold their own token on the basis of an excellent white paper, they must still figure out how to operate the company, which may be their inexperienced local.”n
nnGupta is the winner of the UN Social Finance Innovator Award 2015, and he is particularly interested in community-based chains on society and the environment.n
nThe investment expert told Impact Alpha that he believes that the chain chain can help the United Nations to achieve all of its sustainable development goals.n

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