According to Foresight News, Sanctor Capital, an early-stage Web3 investment fund, has successfully raised $10 million and partnered with Press Star to launch a pre-accelerator program called 'The Multiplayer Fellowship'. The program aims to fund 100 teams over the next 18 months.
The collaboration between Sanctor Capital and Press Star will provide financial support and resources to help these teams develop their projects and ideas in the Web3 space. The Multiplayer Fellowship program is designed to foster innovation and growth in the rapidly evolving world of decentralized technology.
With the funds raised and the support of the pre-accelerator program, Sanctor Capital and Press Star hope to contribute to the advancement of the Web3 ecosystem and support the development of new projects and technologies in the field.