The AERGO Crypto Venture Wing: Funding The Future

Corey Crypto- Syscoin
Aergo blog
Published in
5 min readApr 29, 2022

--

Introduction: The AERGO Crypto Venture Fund: Financial Evolution Of AERGO

AERGO Is Proud To Announce The Inception Of The AERGO Crypto Venture Fund: A Brand New Fund Dedicated To dApp Development!

“To Start Together, To Scale Together” is a fundamental ethos of the AERGO hybrid blockchain ecosystem. AERGO intends to onboard brilliant minds that perpetuate the expansion of blockchain technology through the inception of revolutionary decentralized applications: this is the next step of blockchain evolution and AERGO desires to be on the forefront of this exponential acceleration of ingenuity. It is an unfortunate truth that creative ideas can be stifled by a lack of a monetary foundation: resources, incentive and capital are absolute necessities for new innovations to succeed. It is lamentable that financial inefficiency stifles growth, and AERGO understands this notion, from this perspective, AERGO is proud to announce the AERGO Crypto Venture Fund whose vision and ambition is to fund projects to directly build on AERGO!

Why Build On AERGO: The Consistent Opportunities For Developers

AERGO: The Blockchain Of The World, For The World, For Developers, For All

There are numerous advantageous incentives for developers to build within the AERGO Ecosystem. To begin, it is important to emphasize the developer friendly environment that AERGO fosters. AERGO is extremely developmentally friendly and allows for a developer to code more efficiently with the AERGO SQL which in return, provides an optimized smart contract engine that enables lightning fast execution. Flexibility and performance conceive of a technological climate that is incumbent for the foundation and development of practical decentralized applications. AERGO’s multi-chain paradigm embodies this notion. It is of an absolute necessity to highlight that AERGO is extremely scalable; AERGO boasts 10,000 TPS at a miniscule cost of approximately $.0001 per transaction and as a result of its hybrid model, AERGO aims to scale private and public blockchains for projects of all sizes. AERGO also ensures maximum security for dApp development, boasting full access control, application security and performance, data compliance and QoS, all of which are incumbent for dApp IT and enterprise solutions.

Through the inception of the AERGO Crypto Venture Fund, the AERGO Foundation has solidified a comprehensive grant program that enables developers to acquire funding through the Foundation to develop their revolutionary applications directly within the AERGO Ecosystem. AERGO has made it incredibly convenient and seamless to begin the grant application process. Through an eleven question “Brand Awareness Survey”, developers seeking dApp funding can easily convey their desire for resources from the AERGO Foundation; provided is a link to that survey https://aergoio.typeform.com/to/J7wyjTSw. Through the benefits of security, efficient scalability and developer friendly environment, there are numerous reasons on why developing on AERGO is both economically and developmentally practical.

Technological Prowess: Innovation That Requires Funding: A Glance At Venture Funds And Their Achievements

Uniswap Labs Recently Formed A Venture Funding Wing: Exploring Foundational Funding For Investments In Web3

Ever hear of Uniswap, the decentralized exchange built on Ethereum? Well, it is the largest decentralized exchange in the entire cryptocurrency ecosystem and the company behind its inception has recently announced that they’re creating a venture fund wing, aiming to incubate projects with a direct focus on web3, infrastructure, developer tools and consumer facing applications. Uniswap Labs has previously invested in a multitude of successful projects, which include, but are not limited to, Aave, Compound Protocol, PartyDAO, Layer Zero and MakerDao. Now why is this important: seed funding is an incumbency for the development and expansion of applications, further expediting the mass adoption of blockchain technology. Without cryptocurrency venture funds, many projects of potential would be stifled by a drought of financial resources, this is why the AERGO Venture Fund was created, the aggressive expansion of the AERGO Ecosystem and prevent any setbacks from a lack of monetary resources.

The Aggressive Expansion Of AERGO: The Ecosystem Fund: The Economic Fostering Of Dapps

Aggressive Expansion Requires Expansive Monetary Opportunity: This Is Where The AERGO Venture Fund Comes In

The AERGO Venture Fund has one primary purpose, to aggressively expand the AERGO Ecosystem in a way that has never seen before. The monetary fostering of dApps within the AERGO Ecosystem and the introduction of grants creates extremely enticing prospects for developers from around the world to build and cultivate their ideas within the AERGO Ecosystem. Monetary opportunity leads to intellectual creativity and the AERGO Venture Fund embodies this principle. The development and expansion of an ecosystem is dependent on the resources in which they provide. The AERGO Venture Fund accelerates the exponential expansion of the AERGO Ecosystem through the provision of financial incentive and contribution. Venture investment is at an all time high, topping 26 billion dollars in 2021 and we have seen the populistic adoptive result of financial funding; we have seen the blockchain sphere soar in terms of, not only price appreciation, but dApp development, technological ingenuity and the expansion of cryptocurrency ecosystems never seen before in the lifespan of blockchain. This is why the AERGO Venture Fund was created, to create a model of adoption, and expansion.

Conclusion: Enterprising Advancement Leads To An Expansive Ecosystem

2022 Is The Year For AERGO: The Listing On Coinbase, Poloniex And Crypto.com Is Only The Beginning

We’re just entering the second quarter of 2022, and the reach of the AERGO network has been astounding. Three major exchanges have listed AERGO over the course of the last two months; Coinbase, Poloniex and Crypto.com have all listed AERGO, further expanding the awareness of the project, but this is just the beginning of this new paradigm of aggressive expansion. With the AERGO Venture Fund, expansion will be an understatement surrounding what this ecosystem intends to create, develop and foster. AERGO is truly honored to begin this journey and is humbled with the massive strides of achievement already conceived in the first quarter of 2022.

Disclaimer: Cryptocurrency investing involves substantial risk, do not invest more than you can afford to lose!

--

--

Corey Crypto- Syscoin
Aergo blog

Disclaimer: Crypto investing involves substantial risk, do not invest more than you can afford to lose! This material is for educational purposes only!