COINFLIP LAUNCHES $1 MILLION INITIATIVE TO SUPPORT EMERGING WEB 3.0 STARTUPS
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Wednesday, July 27, 2022
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.
Key Points:
- CoinFlip will fund a total of $1 million to various entrepreneurial teams, with a focus on university students and underrepresented or minority-owned businesses.
- "We've learned so much through trial and error since our founding and are honored to pass along our knowledge and resources to startups we believe in."
- The program is looking to support applicants involved in decentralized finance, NFT tools/marketplaces or tokenization of traditional assets.
- "CoinFlip remains committed to innovation and is dedicated to the growth of this evolving industry," said Kris Dayrit, Director and Co-Founder of CoinFlip.