Taiwan’s risk investment company, Sora Ventures, announced on March 29th that it has invested in Wu Blockchain. Founder Jason Fang stated that this investment is their eighth media/community investment and it is what sets Sora Ventures apart.
Jason Fang believes that although media is generally not a profitable business, it is one of the most important industries in the field. Media is the way people learn and follow the Web3 trend, as well as the way various events are disseminated and communities are built. It is also a way for the East and the West to interact.
Based on these reasons, Jason Fang stated that they are willing to bear a small amount of financial risk to support, cultivate, and connect the entire Web3 ecosystem.
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Colin Wu, founder of Wu Blockchain, expressed great pleasure in Sora Ventures becoming their investor. They share common values and hope to contribute a small piece to building this grand cathedral.
Sora Summit, the world’s largest Ordinals summit, organized by Sora Ventures, will be held in Taipei on December 13th-14th. Currently, over 100 heavyweight Bitcoin ecosystem speakers have been confirmed, including Ordinals creator Casey, BRC-20 creator Domo, and recently highly discussed Runestone founder Leonidas. BlackRock Ventures, a prominent venture capitalist, will also come to Taiwan.
Many important Bitcoin ecosystem figures from the West will come to Taiwan, which is believed to bring new vitality to Taiwan’s blockchain ecosystem.
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Sora
Sora Summit
Taiwan
Wu Blockchain
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Further reading:
Sora Summit | Gathering of Bitcoin OGs! Discussing L2 Development, Estimating Bitcoin Market Cap of 4 Trillion?
Sora Summit | Coinbase Founder Talks DeSci! Why Will Science Move Towards Decentralization?