Introducing OpenSea Ventures

OpenSea Ventures is a brand new investment arm supporting the next generation of founders building protocols, companies, teams, and ideas that will power the future of open web3 economies.

Led by OpenSea co-founder Alex Atallah, OpenSea Ventures will help the most promising developers and creators realize their visions to grow Web3 through NFTs, decentralized systems, and other novel blockchain uses. OpenSea Ventures will invest across the web3 ecosystem but focus investments across four main themes:

• The continued shift to a multichain world, both for fungible and non-fungible items
• Creating and supporting NFT-related protocols
• Social and gaming projects serve as distribution mechanisms for crypto and NFT elements
• The emergence of NFT aggregators and analytics supporting activity on OpenSea and other NFT marketplace platforms

As the world’s leading peer-to-peer marketplace for NFTs, they are excited to back builders who share its vision for the role of NFTs in web3 adoption, and who align with their core operating principles of trust, inclusivity, and choice.

Benefits for portfolio companies

In an effort to advance the future of NFTs, OpenSea Ventures will offer strategic capital, backed by resources and connections across our global partners. Specifically, teams will have:

• Direct access to OpenSea leadership
• Access to OpenSea’s most helpful strategic and venture partners, including a16z, Standard Crypto, Animoca Brands, Electric Capital, Alchemy Ventures, A* Capital (Kevin Hartz), 1confirmation, Katie Haun, 3LAU, and more
• Assistance with NFT security and improving NFT standards, and integration with docs.opensea.io, where appropriate
• Guest blog posts on opensea.io/blog, where appropriate
• Connections with leading NFT creators and OpenSea Ecosystem Grant recipients

OpenSea Ventures will provide Web3 developers and NFT creators around the world with the resources they need to build new decentralized economies that give creators, developers, and consumers greater freedom and ownership.

Opensea is thrilled to share its new Ecosystem Grants program: aimed at elevating creators, developers, and passionate community members working to enrich and expand the NFT ecosystem.

Ecosystem Grants as a way to kickstart community ideas and provide ongoing financial support to initiatives that they believe have the potential to expand web3 and the NFT universe. In the spirit of their company mission, they look forward to allocating grants across three main categories, which they plan to broaden as we receive community feedback:

• Usability and tooling: Improving the user experience of buying, selling and transferring NFTs, as well as tooling that empowers and unlocks creativity for NFT creators.
• Community Education: Resources and support to onboard and educate new users to make NFTs and web3 more approachable.
• Accessibility and inclusivity: Creating a space where all individuals have access to the opportunity and promise of NFTs.

Opensea is building toward a future in which creators and communities are empowered to achieve economic independence in a new digital economy.

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