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BasedVC and Bored Ape Yacht Club Launch Community-Driven Venture Fund Apes Capital

BasedVC, a leading Web3 venture capital firm for retail investors, is excited to announce a collaboration with the Bored Ape Yacht Club (BAYC) and their community initiative, Apes Plus, to launch Apes Capital. Apes Capital is a community-driven venture capital fund created by Apes, for Apes.

BasedVC aims to address the recent funding challenges faced by startups. As both Web2 and Web3 projects struggle to secure deals, BasedVC leverages blockchain technology to provide funding solutions in the Web3 space. Unlike traditional venture capital, which often involves lengthy KYC processes and exclusive deals for high-net-worth individuals, BasedVC democratizes investment. Retail investors in approved areas can participate through community power, tokenized ownership, and accessible investment methods.

The firm’s mission is to make investment opportunities available to everyone, regardless of financial background. New blockchain projects can receive funding through a platform that pools together capital from a diverse group of investors, opening up opportunities previously reserved for wealthy individuals.

The Bored Ape Yacht Club (BAYC) is one of the most influential NFT projects in the world, featuring 10,000 unique NFTs. Now, members of this exclusive community can easily invest in Web3 startups.

With this collaboration, BasedVC, Ape Plus, Mutant Ape Yacht Club (MAYC), and BAYC are diving into the world of decentralized venture capital. Apes Capital will be an exclusive portal for Bored Apes and Mutant Apes members. Using Ape Coin, club members can access top-tier investment opportunities.

Apes Capital will benefit from BasedVC’s robust legal framework, enabling retail investors to pool their resources. With thorough due diligence and project tracking, Apes can invest confidently.

This venture capital initiative will protect Apes members from being used as exit liquidity on traditional exchanges. Apes Capital will feature its own announcements, news feed, links, chat, over-the-counter trading, and ticketing system.

As of now, Apes Capital has deployed over $40 million and invested in more than 20 projects, including Shrapnel, Nillion, Heroes of Mafia, and Supraoracles.

This partnership between BasedVC, BAYC, and its community highlights the immense potential of decentralized finance and the positive impact of community-driven initiatives on the Web3 landscape.

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Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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