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Vessel Capital, a venture capital firm, has announced the creation of its $55 million crypto fund.  The firm will use its new fund to invest in different crypto projects and web3 infrastructure, according to TechCrunch. The main aim of the fund is to help crypto projects grow and to support crypto founders at an early stage. Vessel Capital was founded by Mirza Uddin, Eric Chen, and Anthony Anzalone. The firm has been investing nearly $10 million annually. You might also like: Growth-focused investors considering VC Spectra over Lido DAO and Aptos The company will allocate the investments over five years. Uddin will be looking to work with founders from the beginning on the ideas behind the projects. The founder explained that it’s essential to create a strong relationship with the founders in the early stages, and a VC that has crypto -related knowledge will help them be on their way to success. Uddin added that those VCs who don’t understand how the ...

Join Our Telegram channel to stay up to date on breaking news coverage The euphoria surrounding the metaverse crested early last year, but if the public eventually decides to own digital property and launch enterprises on the internet, they’re going to require a platform for selling real estate designed for more than just speculative flipping. Or, to put it another way, a Redfin or Zillow for the developing metaverse . That’s what Metahood is creating, and it has secured seed money to realize this goal. The startup revealed today that it has received $3 million in a seed round, with participation from Volt Capital, Flamingo DAO, and Neon DAO, as well as cryptocurrency venture capital firm 1confirmation. The Sandbox co-founder Sébastien Borget, SuperRare co-founder John Crain, Sorare Growth Lead Brian O’Hagan, and VC and blogger/podcast host Packy McCormick all contributed to the startup’s fundraising round. The Metahood platform is intended to p...