In a move that has sent shockwaves through the crypto community, two of the most popular bankless podcast hosts have reportedly launched a $35 million venture fund. The fund, called Bankless Ventures, is backed by some of the most prominent figures in the crypto industry, including Ethereum co-founder Vitalik Buterin and venture capitalist Tim Draper.
The two hosts, David Hoffman and Ryan Adams, are well-known in the crypto space for their popular podcast, Bankless. The podcast focuses on topics related to decentralized finance (DeFi) and blockchain technology, and has become one of the most popular podcasts in the crypto space.
The new venture fund will be used to invest in projects related to DeFi and blockchain technology. According to Hoffman and Adams, the fund will focus on early-stage startups that are working on innovative projects in the space. The fund will also provide mentorship and guidance to the startups it invests in.
The launch of Bankless Ventures is a major step forward for the crypto industry. It shows that there is a growing interest in DeFi and blockchain technology from some of the most influential figures in the space. It also shows that there is a growing demand for venture capital in the space, as more and more startups are looking for funding to help them launch their projects.
It remains to be seen what impact Bankless Ventures will have on the crypto industry, but it is certainly an exciting development. With the backing of some of the most influential figures in the space, it is likely that Bankless Ventures will have a major impact on the future of DeFi and blockchain technology.
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