Ethereum startup and incubator ConsenSys has announced a $50 million venture fund for startups working with blockchain technology.
Named ConsenSys Ventures, the new fund is being led by investment specialist Kavita Gupta. Explaining the fund to Axios, Gupta stated that initial coin offerings (ICOs), the blockchain funding method that has swept the investment landscape this year, still have a lot to learn from traditional venture capital.
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