I am pleased to announce that we have raised $2,500 in the first tranche for the Ethereum track from ETHIndia and Devfolio. This marks an important milestone for us.

When Andrew and I started the firm 8 months ago, we wanted to create a place where innovation and new ideas could grow. We believe great ideas can come from anyone, which is why we offer microgrants to support unique, ambitious, and creative people. In just a short time, we received over 100 applications for the fund and have invested more than $4,000 in 6 projects and startups.

We initially operated on personal capital without raising any external funding, and today, we are delighted to open a dedicated track for Ethereum builders. What started with small fund sizes is now expanding with new tracks.

To succeed in each category and support the founders and builders, we’ve had to grow from a single segment into a dedicated investing team and fund. To best serve the founders and the market, we created dedicated Ethereum grant funds, each focusing on helping Ethereum builders get the financial support needed to build and deploy their projects.

We did this because we believe, as entrepreneurs, that your investors and grants really matter. A great community with the right help, the right networking, and the right team can be the difference between success and failure.

Finally, we would like to thank the amazing people who have supported us in growing and innovating tremendously over the past 8 months.