Starting in Africa, expanding to Asia, and covering the globe, can Adaverse become the "rainmaker" of the Cardano ecosystem?

Author: Adaverse Asia

The competition in the crypto world has always been brutal. Apart from a few exceptional infrastructure components like Uniswap, most projects inevitably become fleeting meteors. Therefore, from an investment perspective, "single staking projects are less favorable than laying out tracks and ecosystems."

As the L1 public chain with the second-largest market capitalization after Ethereum and BNB, the quiet Cardano ecosystem has had few followers over the years. However, with its entry into the era of smart contracts, it is destined to mark the beginning of the transition from "public chain" to "public chain ecosystem." In this context, the newly established Adaverse is well-timed to dig deep into the Cardano ecosystem:

As a global incubation investment fund for Cardano, Adaverse relies on the first-hand resources and investment funds from Cardano's official team, Emurgo, focusing on incubating and investing in projects across the entire Cardano ecosystem, and has currently formed an initial scale of the Cardano ecosystem matrix.

Adaverse: The "Global Incubation Investment Fund" for the Cardano Ecosystem

"Those who travel a hundred miles should consider themselves halfway at ninety." In the face of the development advantages of the Cardano ecosystem, which ranks in the top ten by market capitalization, how Adaverse continues to aggregate technology, talent, projects, and funds across various tracks to further identify quality entrepreneurial projects and accelerate the feedback into the development of the Cardano ecosystem is both a necessary challenge for it as a global incubation investment fund for Cardano and an opportunity to share in the development dividends of Cardano more deeply.

As an important funding hub in the crypto industry, the incubation investment fund connects "project parties" on one end and "investors" on the other, perfectly aligning their needs:

• For project parties, they can attract like-minded investors to raise development funds based on their vision and project characteristics;
• For investors, they can discover potential startup projects and improve early-stage ecosystem layouts, just like in traditional capital markets.

The positioning of Adaverse as the "Official Global Incubation Investment Fund for Cardano" is precisely this --- relying on the first-hand incubation resources supported by Cardano's official commercial incubation company EMURGO and technical development company IOG (IOHK):

In addition to regular financial support, it also includes preferential access to Cardano's official ecosystem resources, support for development progress, integration of development plans, etc., forming a matrix layout of invested projects to achieve development synergies, which can accelerate the self-development of projects and positively feedback into the development of the Cardano ecosystem.

Because it is backed by Cardano's official incubation and development teams, Adaverse has been adept and bold in its layout since its establishment in 2021, having helped incubate, accelerate, and invest in promising blockchain projects within the Cardano ecosystem, focusing comprehensively on supporting infrastructure projects such as Web3.0, Layer2, as well as various tracks like DeFi, NFT, and DAO.

Since 2021, Adaverse has targeted the Cardano ecosystem starting from Africa, investing in 13 projects, including Afriex, Cassava Network, Canza Finance, AfriBlocks, Seso Global, BetDemand, AfriGuild, Ejara, Momint, Afropolitan, ScaleX, CALEND, and Diagon Studios.

These projects cover remittance payments (Afriex), the African real estate market (Seso Global), sports betting (BetDemand), the African freelancer market (AfriBlocks), and blockchain infrastructure (Cassava Network), further enhancing the construction of the Cardano ecosystem.

Next, Adaverse also plans to continue its layout in Africa while further expanding into Asia, aiming for a global application layout to help Cardano incubate and discover quality ecosystem projects as much as possible worldwide.

Currently, development teams, project parties, investors, and Cardano enthusiasts interested in Cardano can start communication to explore corresponding cooperation possibilities, and any interested Cardano ecosystem projects can establish contact with Adaverse. Cooperation directions cover early-stage startup projects in various tracks such as Cardano's DeFi, NFT, middleware, infrastructure, metaverse, and gaming.

In addition to looking globally, Adaverse will also focus on investment layouts around Cardano's rapid development and significant upgrades in the later stages, aiming to enhance the Web3 experience for users and developers and contribute to the ultimate goal of building a secure, scalable, and open blockchain network.

Adaverse: The "Rainmaker" of the Cardano Ecosystem

In the traditional internet investment world, there has always been the term "rainmaker," which can change the "weather" of a certain ecosystem, creating new transactions or collaborations that generate wonderful chemical reactions.

However, such "rainmakers," while indispensable, are not something everyone can be. To create entirely new transaction and collaboration opportunities, one must possess the capability to support the entire chain of ecological services.

Just like Solana Ventures for Solana, Ava Labs for Avalanche, and Alameda for the FTX ecosystem, they help their respective blockchain networks complete the transformation from points to planes --- gradually forming their own ecosystems and further leveraging greater synergistic value through the interconnectivity of assets.

Adaverse's positioning is precisely this, dedicated to being the "rainmaker" in the Cardano world:

When investing in Cardano ecosystem projects, Adaverse not only focuses on the funding development needs of the projects but also assists in fundraising, marketing, and other necessary consulting services, covering support before, during, and after investment, including investment, marketing, and consulting.

For example, Adaverse provides funding and other support for Cardano ecosystem projects in Africa through a three-month accelerator program, as well as 1:1 guidance from top successful entrepreneurs and thought leaders in the industry. Currently, this program is open year-round to startup projects in Africa.

This is also thanks to the core founding team's advantages in native African, Asian, and Western cultural backgrounds --- each person has unique insights into Africa, Asia, and global markets, and has the support of a pan-African and Asian partner and sponsor network, including well-known tech media and localized entrepreneurial incubation investment funds in Africa. Meanwhile, Adaverse is preparing to expand multi-regional resources and markets for the later development of incubated projects.

• For investors, this means entering the lucrative African, Asian, and Western markets through selected and supported projects;
• For developers, startups, and entrepreneurs, Adaverse provides a platform to develop ideas and connect with a global support network that can bring projects to international markets;

This is also the differentiated positioning of Adaverse compared to other traditional investment institutions --- not just a simple funding incubation investment fund, but leveraging the "Cardano ecosystem" behind it, meaning Adaverse connects almost all-dimensional ecological tracks, including the Cardano public chain, and can integrate its multi-resource advantages to provide many one-stop financing services that traditional incubation investment funds do not possess.

In short, not only does it provide the necessary funds, but it also offers ecological resources covering the entire development chain of Cardano, which is the biggest difference and advantage of Adaverse compared to other incubation investment funds.

The Winds of the Cardano Ecosystem Rise

Since Cardano officially entered the smart contract phase in August and September of last year, it has gradually formed an ecological pattern dominated by DEX and NFT projects. Additionally, various types of applications in the DeFi field, such as launchpads, stablecoins, lending, and wallets, have also emerged.

With the recent popularity of Arbitrum, especially Optimism, the comparative advantages of "new public chains" against Layer2 have inevitably come to the forefront, especially against the backdrop of Ethereum's continuously improving Layer2 performance, where the network effect of Ethereum itself is almost insurmountable.

Everything that has happened is a prologue. Unlike the grand but ultimately quiet "public chain boom" of 2018, the new round of competitive public chains represented by Solana and Fantom, which has gradually fermented since 2021, has completely taken a different path, both in terms of the basic framework of technological architecture innovation and in the practical application layer of DApp gameplay improvement.

This also genuinely provides unprecedented possibilities for non-Ethereum smart contract public chains to surpass Ethereum. Recently, Nansen also supported the Cardano dashboard, allowing users to view popular contracts, smart funds, and Token God Mode.

In April, Adaverse collaborated with EMURGO Africa to hold a private event in Nigeria designed for startup founders, with over 100 attendees. In fact, EMURGO launched the EMURGO vision as early as 2021 --- collaborating with Adaverse and Everest Ventures to launch a $100 million investment capital for the Cardano ecosystem, planning to invest in and support 100 African startups within three years.

Conclusion

The signs of the spontaneous evolution of the Cardano native public chain ecosystem also provide crucial support for the development of startup projects within their respective ecosystems, even directly determining the prosperity of their corresponding crypto ecosystems.

As the "Global Incubation Investment Fund for Cardano," Adaverse, holding over $100 million in investment funds and an initial scale of the Cardano ecosystem project matrix, has the greatest advantage compared to other incubation investment funds in that it has "strong roots and healthy seedlings," allowing it to integrate multiple resources --- most directly, relying on the professional investment research capabilities and incubation resources deeply rooted in Cardano's official (EMURGO).

This is also the greatest support for it to become the "Solana Ventures, Ava Labs, Alameda of Cardano," providing many one-stop official resource financing services that traditional incubation investment funds do not possess, thus becoming an indispensable "rainmaker" in the Cardano ecosystem that not everyone can be.