According to Odaily, Coinsilium Group Limited, a Web3 investment advisor, has entered into a partnership with NFT technology developer Liteflow. The collaboration involves the signing of a Memorandum of Understanding (MoU) and aims to provide a $1 million seed project funding program for pre-selected start-ups. The primary goal of this initiative is to discover and support the next generation of leading Web3 projects, with a particular focus on top-tier DeFi, GameFi, and SocialFi applications.
In addition to this, both parties plan to establish an investment committee. This committee will include vetted and pre-approved joint investors, granting Coinsilium and Liteflow preferential rights to pre-seed investment opportunities. This strategic move is expected to provide a competitive advantage in identifying and nurturing early-stage projects.
