Odaily Planet Daily News Cregis recently participated in the Build The New Web series hackathon Shenzhen Station jointly organized by Alibaba Cloud and Foresight X, and officially released the Cregis Ventures sub-brand.
It is reported that Cregis Ventures’ initial management capital scale is 3 million US dollars, which is completely composed of Cregis’ own funds for the time being. Cregis Ventures hopes to actively explore excellent potential project teams in the new cycle by cooperating with diverse developer communities and hackathons, and provide free product services and early financial support. It also looks forward to cooperating with more outstanding LPs in the future to promote Web3.0 development and efforts.