Evan Cheng

According to reports, Evan Cheng, co-founder and CEO of Mysten Labs, confirmed on The Scoop Podcast that he was exploring a web3 venture fund. Evan Cheng said that there are many web3 funds, but investors are looking for things that are not limited to specific ecosystems and are very consistent with LPs, and also get the support of people who really understand web3 technology and products fundamentally. In addition, Evan Cheng also said that the fund would not only invest in Sui Ecology. Interpretation of this information: The co-founder and…

It is reported that Evan Cheng, CEO of Sui development company Mysten Labs, is seeking to raise more than US $100 million for a Web3 fund. Interpretation of this information: Evan Cheng, the CEO of Mysten Labs, a technology development company, is reportedly looking to gather more than $100 million for a Web3 fund. The objective of this financial resource is to finance developmental projects that are committed towards creating a more user-friendly, decentralized internet. The initiative is in response to the ever-increasing popularity of block-chain technology, which has a…