COINFLIP LAUNCHES $1 MILLION INITIATIVE TO SUPPORT EMERGING WEB 3.0 STARTUPS

CHICAGO, July 27, 2022 /PRNewswire/ -- CoinFlip, a leading fintech company powered by cryptocurrency, announces today the launch of CoinFlip Ventures, a new initiative that will support Web 3.0 based start-up companies. CoinFlip will fund a total of $1 million to various entrepreneurial teams, with a focus on university students and underrepresented or minority-owned businesses. Entrepreneurs will receive financial assistance and direct access to CoinFlip's executive leadership team who will provide industry insight, leadership coaching, business advice, and influential networking opportunities.