TMT Blockchain Fund plans surge in start-up activity by partnering with Waves

TMT Blockchain Fund, whose founders have successfully invested in numerous high-profile blockchain projects over the past three years including Taxify and Pipedrive and built a billion-dollar tech unicorn in Eastern Europe, today announced an upcoming infrastructure project on the Waves Platform.

TMT Blockchain Fund will focus mainly on blockchain and fintech, large decentralized applications (dApps) and various private blockchain infrastructure opportunities. The Fund will also support ICOs and existing projects within the Waves ecosystem.

“Our mission is to bring the most successful venture investment technologies to a new generation of projects. We are inspired by our partnership with Waves, and believe that the incubator is an excellent opportunity for start-up projects to gain competent advice and unique experience.”

Artyom Inyutin, Founding Partner at TMT Blockchain Fund

The Waves Platform is a global public blockchain platform, founded in 2016. Waves Platform’s mission is to reinvent the DNA of entrepreneurship around the world by providing a shared infrastructure, offering easy-to-use, highly functional tools to make blockchain available to every person or organization that can benefit from it.

“There are many great advantages in Waves’ collaboration with TMT Blockchain Fund. Their team has great experience, building a $1B+ tech company and a top global VC fund. We appreciate their deep analytics – the fund invests on the basis of deep business and tech trend analytics and they are fully transparent and reliable, via blockchain reporting and diversification in their investments. What’s also important is that the TMT token will be a security, fully compliant with US and European laws and regulations. For Waves, security tokens support is a new milestone, we’re offering a fully compliant solution for equity tokens issuance and trading. Finally, the TMT token will provide investors with a position in both equity and tokens of portfolio companies for immediate liquidity and returns.”

Sasha Ivanov, CEO of Waves

TMT’s new $60 million blockchain fund will concentrate on investing in firms that focus on blockchain and cryptocurrencies, with a portion of the fund available to invest in crypto itself. $15m will be collected through a crowdsale, with the balance of $45 million collected from conventional investors in fiat and cryptocurrency. A total of 18.75 million tokens will be issued. Smaller individual investors and large traditional LPs will be given equal opportunity to participate.

TMT Blockchain Fund will be holding its ICO in autumn 2018.

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Author: CryptoNinjas”