A100x Launches Venture Fund to Advance Blockchain and Emerging Technologies for Impact
A100x announced today the launch of a rolling venture fund committed to investing in companies that apply blockchain, AI and other emerging technologies to promote environmental, social and economic impact. It will specifically focus on verticals including food and drug supply chains, healthcare, climate, and financial services (democratization of capital and fractionalization of illiquid assets).
The fund is run by Alex Bulkin, cofounder of Coinfund and a former technologist at Goldman Sachs, and Nisa Amoils, Grasshopper Capital and Scout Ventures alum, securities and corporate lawyer, and digital asset columnist and a host of other digital asset programs. A100x’s advisory board includes Sandra Familet, Rumi Morales, Kenny Rowe, Nitin Gaur and Kevin Goldstein, who are all known executives in the blockchain sector. In the past, the A100x team has invested in many successful important sector c
Women leading in blockchain believe gender diversity isn t just a matter of what is right for humanity, but also what is right for business.
Due to a historically challenging 2020, the National Women s History Alliance, organizers of Women s History Month in March, has extended its centennial celebrations. So the theme this year is Valiant Women of the Vote: Refusing to be Silenced.
To many, cryptocurrency is about money and nothing else but money and social issues are inseparable considerations when viewed from a macro scale, and the ideal of equal participation in an ecosystem that incentivizes positive participation is in the DNA of the Bitcoin whitepaper.
A100x Launches a Venture Fund to Advance Blockchain and Emerging Technologies for Impact Alex Bulkin, Co-founder of CoinFund and Former Technologist with Goldman Sachs, and Nisa Amoils, Grasshopper Capital and Scout Ventures Alum, Securities and Corporate Lawyer, and Digital Asset Media Host, Join Forces to Launch a Venture Fund Focused on The Impact of Blockchain and Emerging Technology Innovation
News provided by
Share this article
A100x announced today the launch of a rolling venture fund committed to investing in companies that apply blockchain, AI and other emerging technologies to promote environmental, social and economic impact. A100x will specifically focus on verticals including food and drug supply chains, healthcare, climate, and financial services (democratization of capital and fractionalization of illiquid assets).
Worth. “They’ve traditionally been shut out of it.”
Second, A100x is a “rolling fund,” meaning that its investors can add to, subtract from or cancel outright their participation on a quarterly basis. If an investor pulls out of the fund after the minimum of four quarters, he or she will still be entitled to a pro rata return on the investments made while initially committed. “It’s not like an 8- to 10-year proposition anymore,” explains Amoils.
For that reason, it’s also unknown how big the fund will become. Most venture funds, at launch, like to boast about the fact that they’ve amassed $100 million (or whatever amount); with a rolling fund, there’s no limit to how big the fund might get, even without courting new limited partners
Follow up
The start of February has brought yet another batch of evidence supporting the notion that the ongoing surge of crypto prices has deep institutional roots. Ignited by market whisperer Elon Musk and his Tesla’s announcement of a $1.5-billion Bitcoin position, the bullish cycle was reinforced by further news coming from the likes of Mastercard, Amazon and BNY Mellon.
The level of interest around the industry is certainly rising, as Bitcoin’s (BTC) price is rapidly becoming a widely discussed topic on most finance-oriented TV stations. With large corporate players at the helm of the rally, is the public firmly in the back seat, or does it have a say in how long the party will last?