LBank Labs, the investment arm of LBank Exchange, is taking ‘The Other Angle” to drive wider blockchain growth and crypto adoption through its $100 million USDT fund. With a unique investment thesis based on the “Platform, Standard, Ecosystem” proposition, LBank Labs adopts a distinct approach to identifying promising blockchain and crypto projects.
- The company’s mission is to support startups that have the potential to deliver a game-changing platform, establish an industry standard, and create a thriving ecosystem.
- The investment strategy of LBank Labs is based on the “Platform, Standard, Ecosystem” thesis, which is a unique view on the blockchain industry.
- LBank Labs’ unique outlook is embodied in the slogan “The Other Angle,” which represents the different approach to identifying promising projects and the entire blockchain ecosystem.
- Czhang Lin, angel investor and key member of the LBank Labs board, has disclosed that the crypto VC will roll with the slogan “The Other Angle,”. “We come equipped with a different outlook for identifying promising projects and the entire ecosystem as a whole,” he said.
- LBank Labs believes that the true value in blockchain lies in startups that can deliver a game-changing platform, establish an industry or legal standard, and create a thriving ecosystem.
- The crypto pioneer thinks that in future bull markets, smart money will flow to startups that meet these cross-sector requirements.
- In addition to venture capitalism, LBank Labs will also focus on educating the public about blockchain technology and DeFi through partnerships with universities and research institutions.
- Earlier this month, LBank Labs signed an MoU with the Seoul-based Chung-Ang University to cooperate in blockchain research and provide incubation opportunities for startups and entrepreneurs.
LBank Labs is poised to play a significant role in shaping the future of the blockchain industry through its innovative investment approach and commitment to education and research. By supporting startups that have the potential to revolutionize the industry and create a thriving ecosystem, LBank Labs is setting the foundation for sustainable growth and wider adoption of blockchain technology and cryptocurrencies.
Read Also: Top Blockchain VCs Launch A New $60M ‘Real’ Web3 Startup Fund