Waterdrip Capital Invests In Decubate
The following is an english translation of Waterdrip Capital’s investment announcement.
Original here: https://www.chainnews.com/articles/042489427302.htm
We are pleased to announce that Waterdrip Capital has invested in Decubate, a community-powered investment platform that is bringing the $3 trillion global startup economy onto blockchain. The Decubate platform pairs traditional web2 startups with the financial and promotional capital of community members to fuel their web3 success.
Decubate’s project pipeline is unique. They are the first blockchain investment platform to exclusively focus on bringing traditional web2 startups on-chain. Through strategic partnerships with traditional startup incubators and accelerators, Decubate is well positioned onboard new companies and users onto web3.
Decubate shares our dedication to bringing traditional markets on-chain. Their focus on onboarding traditional startups into the blockchain ecosystem has the potential to unlock tremendous upside for entrepreneurs and inventors alike.
Why We Invested
Decubate has assembled a high-quality team with decades of combined experience in blockchain products, software development and marketing. Investing in early stage companies is a calculated risk and in our experience, a strong team increases the probability of success.
The heart of a product is its community and Decubate is taking a community-first approach with product development. They’re prioritizing engagement and are building a number of features that incentivize participation. While many blockchain projects struggle to develop a strong community, Decubate is building it directly into their product.
We’re fully aligned with Decubate’s mission to build web3’s most trusted startup investment platform. As early stage investors ourselves, Decubate is actively working to solve one of our largest pain-points, identifying trusted startups. The rate of innovation in the blockchain ecosystem continues to increase making it ever more challenging to separate high quality projects from copycats and pretenders. We envision Decubate becoming a global stamp of approval for project trust.
About Waterdrip Capital
Founded in 2017 by Chinese blockchain pioneers, Waterdrip Capital is a venture capital firm that backs bold entrepreneurs to build the future of finance. Waterdrip Capital is dedicated to connecting traditional financial markets with the blockchain ecosystem by actively investing in innovative startups. Their investment portfolio includes Polkadot, Cosmos, Filecoin, Bondly and many more. Learn more at www.waterdrip.io.
Decubate is a community-powered investment platform that is bringing the $3 trillion global startup economy on-chain. Decubate pairs traditional web2 startups with the financial and promotional capital of community members to fuel their web3 success. Their mission is to build web3’s most trusted startup investment platform. Learn more at www.decubate.com.