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Dispersion Capital Launches $40M Fund to Revolutionize Decentralized Infrastructure | Blockster

source-logo  blockster.com 23 May 2023 12:24, UTC
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Dispersion Capital, a prominent venture capital firm, has made an audacious move by launching a $40 million fund dedicated to decentralized infrastructure. While the crypto winter may have dampened the spirits of many investors, Dispersion Capital is defying the odds and seizing the opportunity to invest in the burgeoning decentralized technology market.



Dispersion Capital's recently revealed its latest venture, attracting backing from influential players in both the Web 2.0 and web3 realms. Notable entities such as WeNade, Circle Ventures, Ripple, Alchemy Ventures, NGC, and individual general partners have thrown their weight behind the fund. With a strategic focus on pre-seed and seed rounds, Dispersion Capital has wasted no time in deploying 10% of the fund already.

Patrick Chang, the founder and managing partner of Dispersion Capital, highlighted the sluggish pace of development in blockchain infrastructure technology. According to Chang, there is a pressing need for additional innovation in this field.
"The existing blockchain infrastructure was built incrementally, lacking the cohesion and expertise that comes from incorporating Web 2.0 principles into Web3 development."

Patrick Chang, Founder & Managing Partner of Dispersion Capital
During the 2021 crypto bull market, a wave of startups emerged to create groundbreaking NFT projects and decentralized finance protocols. However, the underlying infrastructure itself received little attention, leaving users grappling with onboarding issues, scalability concerns, and security breaches.

The immaturity of the infrastructure became a glaring problem that few were actively addressing. However, the landscape has since shifted. Chang acknowledged the current influx of startups and developers diligently working to enhance Web3 infrastructure.

Dispersion Capital's fund aims to support startups that focus on critical aspects like user onboarding, data infrastructure optimization, cybersecurity, and smart contracts. By investing in these ventures, Dispersion Capital hopes to facilitate the seamless integration of crypto technology into the everyday lives of users.

While the fund primarily looks at U.S.-based companies, Dispersion Capital is also actively seeking investment opportunities in other regions.

Israel, in particular, has emerged as a prominent hub, hosting a significant portion of Dispersion Capital's active investments. Moreover, the firm has set its sights on Asia-based builders, enticed by the surge of developments related to zero-knowledge technology (ZK) in that region.

Chang outlined an ambitious mission for Dispersion Capital, likening it to the transformation of cloud computing.
"The goal is to make Web3 technology as inconspicuous as cloud computing, seamlessly integrated into users' lives without their conscious realization."

Patrick Chang, Founder & Managing Partner of Dispersion Capital
Dispersion Capital envisions a future where Web3 technology serves billions of users worldwide, transcending the boundaries of its current niche market.

By fueling the development of crucial infrastructure, the fund hopes to overcome the hurdles that have hindered the widespread adoption of Web3 technology. As the market continues to evolve, Dispersion Capital's vision of a decentralized future may soon become a tangible reality.

blockster.com