Metaverse

Metaverse is the first public blockchain in China. Designed to facilitate low-cost, convenient transfer of digitized personal data and assets with unprecedented security and privacy, Metaverse aims to revolutionize the way financial services and transactions are processed, and to improve outdated and inefficient identity verification services with a network of Digital Assets, Digital Identities, and Oracle intermediaries.

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Metaverse Foundation Partners with Draper Dragon to Establish a Special Investment Fund for Digital Assets

On 26 October, 2017, DraperDragon Innovation Fund and the Metaverse Foundation officially announced their partnership to establish a digital asset investment fund. The DraperDragon Innovation Fund is a venture capital (VC) fund that focuses on Sino-US cross-border investments in emerging technology industries. It is a member of the global VC fund network Draper Venture Network (DVN), a global collective of VC investors established by famous American venture capitalist Tim Draper. The DVN currently consists of 17 member funds spread across more than 60 cities globally, including the Draper Fisher Jurvetson (DFJ) Fund, which including companies such as Hotmail, Skype, Baidu and Tesla in its portfolio. In the ten years since its inception, the DraperDragon Innovation Fund has provided venture capital to emerging technology companies related to China, maintaining a close relationship with them and successfully cultivating a new generation of emerging technology enterprises. This is ali...
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