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The Growth of Web3 Industry
According to Footprint Analytics, the average number of active users on Web3 increased by 54.67% in January compared to the 2023 annual average. This significant surge started in November 2023, showcasing the remarkable growth of the Web3 industry.
Collaboration between MultiversX and BullPerks
As the Web3 industry continues to expand, MultiversX has partnered with BullPerks, a decentralized venture capital and multichain launchpad, to support the MultiversX ecosystem. The primary objective of this collaboration is to identify innovative projects with robust blockchain architecture and provide them with funding opportunities to further the global vision of MultiversX, thereby fostering the adoption and advancement of Web3.
BullPerks has already assisted 65 top-tier cross-chain startups in gaining exposure and connecting with early-stage investors. This new strategic alliance will enable projects within the MultiversX ecosystem to leverage BullPerks’ extensive network of venture capitalists for their growth and development.
Despite the rigorous selection process, BullPerks is encouraging projects associated with MultiversX to come forward, as they foresee long-term benefits from this engagement. Furthermore, emerging ecosystem projects have the opportunity to launch on BullPerks, receiving direct support from the MultiversX Foundation to meet evaluation criteria.
Enhancing the MultiversX Ecosystem
The partnership with BullPerks is viewed as a means to broaden the reach of the MultiversX ecosystem, facilitating collaborations and leveraging the strengths of both partners to create more opportunities for the builder community.
BullPerks has garnered recognition for its community-centric approach, ensuring that a diverse range of participants can engage with their services in an affordable and inclusive manner. The commitment to transparency, fairness, and professionalism has been pivotal to BullPerks’ swift ascent and sustained success in the realms of decentralized finance and venture capital.
Emphasizing Connections and Capital Flow
Daniel Serb, the Head of Business Development at MultiversX, underscored the significance of connections, idea exchange, and capital flow in the Web3 space. He highlighted how the partnership with BullPerks is poised to accelerate the adoption of Web3 and propel the ecosystem forward.
Introducing MultiversX to a Wider Audience
As part of the partnership, BullPerks is introducing MultiversX to its extensive user base, enabling highly engaged multichain enthusiasts to delve deeper into the ecosystem. Eran Elhanani, Co-Founder and CEO of BullPerks, expressed great enthusiasm for the strategic collaboration with MultiversX, expressing immense confidence in the ecosystem’s potential and the prospect of nurturing successful projects through this partnership. This joint effort further cements BullPerks’ position as a leading launchpad in the Web3 industry.
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