According to Odaily, Gatreon Ventures, a venture capital firm, has recently launched a $1 million Web3 fund. The fund aims to invest in early-stage startups that are building the next generation of Web3 technologies. The firm plans to support these startups through funding, mentorship, strategic advice, and connections with partners and investor networks, bridging the gap between traditional finance and decentralized networks.

The new fund will focus on investment areas including Real World Assets (RWA), Decentralized Finance (DeFi), Non-Fungible Tokens (NFT), Decentralized Applications (dApps), and Meme coin projects. This initiative by Gatreon Ventures is a significant step towards supporting the development and growth of Web3 technologies and the startups that are pioneering in this field.