VC firm becomes one of the first to establish Polkadot Ecosystem Fund

cointelegraph.com:

Web 3.0 presents a new future for the internet, giving the world access to the decentralized version of the virtual world. With blockchain technology, this web evolution will provide a more user-centric environment, thereby eliminating the power currently held by corporations. By giving the control back to those engaging in online interactions, data monetization will be minimized, personal details will be protected, and trust will begin to replenish. 

Conceptually, Ethereum (ETH) was designed to solve these concerns. Unfortunately, in practice, the platform has become subject to expensive and overly-sluggish transactions. Although Ethereum may not have the right capabilities at present, many believe there remains a clear path towards a decentralized internet. The only thing is, this one begins with parachain auctions on Kusama (KSM). 

Polkadot (DOT) has continued to conduct ongoing parachain auctions, tested on Kusama, that will connect different blockchains, fulfilling one of the core principles of Web 3.0. Cross-network bridges further ensure that parachains can connect to external networks, making them original in design and capable enough to adapt to specific use cases. Investment firms with capital provisions are crucial to further define these use cases. And with more investment comes a greater basis for usable products, which, in turn, spurs on greater opportunities.

The global investment firm DFG has made it their mission to empower blockchain and Web 3.0 companies. Since James Wo's founding in 2015, DFG has grown over 4,000% to over $1 billion in AUM to date. Most recently, DFG has become a leading and active member in the Polkadot ecosystem, including partnerships with projects like Ternoa, Bit.Country, Astar,