CeloLaunch partners with ExNetwork Capital
We are excited to announce that CeloLaunch has partnered and received an investment from ExNetwork Capital
About ExNetwork Capital
ExNetwork is Philippines #1 crypto fund with strong ties to every major geographical crypto communities in the world. It’s exceptional network include several DAOs, telegram communities, a leading validator, incubator, idea labs, gaming guilds and growth agency.
Eric Su started his career building tech companies while mentoring other tech startups in the Philippines. Crypto came into his purview when he sold his 3rd startup to a crypto-fiat company backed by Kakao Ventures. Since then he founded a unique fund that heavily leans on the power of communities as the core thesis in how it invests and supports its portfolio. Four years later, it has become the most strategic and effective next generation fund in crypto funding over 400+ innovative and risk ventures while achieving over 7,000x in the proprietary capital. Eric continues to be very passionate in crypto in every aspect by being an avid trader, farmer, builder, incubator and investor in the space.
In spite of initially modest DeFi market capitalization, it has grown exponentially through the summer of 2020. By injecting decentralized governance and peer-to-peer access mechanics, all on-chain inclusive and incorruptible, the institutional landscape of DeFi is rapidly spreading, taking over, morphing and synthesizing the institutions of traditional finance.
Another important element driving the fast expansion is the sheer potential for community innovation enabled by the open source nature of the majority of the DeFi software. The foregoing leads to an obvious conclusion: we are in the early stages of forming a new institutional environment that will redefine the financial system as we know it in the coming decades, transforming it into something very different, something fair and efficient.
To replace the current financial system’s core institutions, decentralized apps have become increasingly sophisticated and efficient in terms of lending and borrowing mechanisms, risk management, and the formation of on-chain liquidities. The rate at which inventions occur has never been faster, and it is only going to get faster. With the launch of CeloLaunch, an IDO Platform based on Celo Network, that day has come. CeloLaunch’s major goal is to tackle the Celo Ecosystem’s illiquidity problem and give a single unified UX/UI on our platform — an important thing that usually getting neglected by other projects.
Launched in September 2021, provides a constantly expanding set of decentralized services by offering revolutionary, flexible technology to add value to the DeFi industry as a whole, in CELO Network specifically. Startups may boost their initiative and reward communities by utilizing our services.
Best luck for you!
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