Mercy Corps Ventures Collaborates with Polygon Labs to Support Blockchain Innovation
It is reported that according to the official blog of Polygon Labs, Mercy Corps Ventures (MCV), a venture capital institution under Mercy Corps, a global devel…
It is reported that according to the official blog of Polygon Labs, Mercy Corps Ventures (MCV), a venture capital institution under Mercy Corps, a global development organization, has reached a cooperation agreement to fund the blockchain pilot project, launch a series of blockchain hackers, and hold a blockchain training camp roadshow. More than half (51%) of the founders of Mercy Corps Ventures portfolio are women. Last month, they also launched Crypto for Good Fund II, the second round of application has been opened and will end on March 31.
Polygon Labs and Mercy Corps Ventures have reached a cooperation
Interpretation of the news:
Mercy Corps Ventures (MCV), an entity of Mercy Corps, a global development organization has partnered with Polygon Labs to fund a blockchain pilot project. The agreement also includes launching a series of blockchain hackers and holding a blockchain training camp roadshow. This announcement comes on the back of the launch of Crypto for Good Fund II by Mercy Corps Ventures last month, which is now accepting applications for support until March 31.
This collaboration is a significant boost for blockchain innovation, as Mercy Corps is known for its contributions to humanitarian aid and crisis relief. The organization’s involvement in blockchain initiatives emphasizes the technology’s potential for social impact and development. Mercy Corps Ventures, as a venture capital institution supporting start-ups in emerging markets, plays a crucial role in identifying innovative blockchain solutions.
The fact that over 50% of founders supported by Mercy Corps Ventures are women proves the organization’s commitment to promoting diversity and inclusivity in the technology industry. According to studies, women remain underrepresented and marginalized in blockchain development, technology entrepreneurship, and venture capital. This figure highlights the need for more organizations to support women-led projects and enable them to excel.
The Crypto for Good Fund II launched last month by Mercy Corps Ventures is a testament to the organization’s determination to support blockchain-based solutions that address social problems. This fund is intended for start-ups and projects that use blockchain to address issues such as environmental conservation, financial inclusion, and public health. The fund recognizes that blockchain innovation can play a critical role in transforming communities and creating a better world.
The collaboration between Mercy Corps Ventures and Polygon Labs will not only bring much-needed resources but also create a platform for training and exchange of ideas. The blockchain hackers and training camp roadshow will foster creativity, networking, and partnership building among developers, entrepreneurs, and investors.
In conclusion, the partnership between Mercy Corps Ventures and Polygon Labs is a significant step towards promoting blockchain innovation for social and economic development. The collaboration’s focus on diversity, inclusivity, and supporting women-led projects aligns with Mercy Corps’ values of promoting gender equality, social justice, and access to opportunities. The Crypto for Good Fund II also highlights the organization’s commitment to blockchain’s potential for solving global challenges. This partnership seeks to leverage blockchain technology’s benefits to build a more equitable and sustainable world, making it a vital initiative in today’s disruptive world.
References:
https://cryptonews.com/news/mercy-corps-blockchain-venture-seeks-applications-for-fund-9118.htm
https://www.mercycorpsventures.org
https://www.polygonlabs.us/news/mercy-corps-ventures-partners-with-polygon-labs-to-fund-blockchain-pilot-project
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/4943/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
What determines the mining power (How does mining power vary)?
What determines the mining power? Peter Todd, the founder of Bitfarms, a minin
-
Federal Reserve Chairman Powell Raises Concerns About Isolated Banking Problems
According to reports, Federal Reserve Chairman Powell said that if the isolated banking problem is not addressed, it may threaten the entire banking system. All savers\’ savings are
-
Cartesi Incentivizes Developers to Expand its Ecosystem through Community Funding Plan
It is reported that Cartesi, a multi-chain two-layer infrastructure, has announced that it has launched a community funding plan to provide funds to support de…
-
The Yuga Labs Metaverse Project: Exploring the Koda NFT Split and VesselClaim
On April 6th, Yuga Labs\’ metaverse project Otherside posted on social media stating that the Koda NFT split and VesselClaim have started, and only Otherseeds with Koda can split, b
-
Increase in Active Bitcoin Addresses Suggest Demand for BTC Transactions and Value Settlement
According to the Golden Wealth report, the number of active Bitcoin addresses is 1052200, an increase of 169810 or 19.24% compared with 24 hours ago. This may …
-
What is a hot and cold wallet?
A hot and cold wallet is a hardware wallet that can store digital currencies. It
-
Why can others place orders when trading Bitcoin (why Bitcoin cannot be sold)
Why can others place orders when trading Bitcoin? Why can others place orders when trading Bitcoin? Several common issues during Bitcoin trading 1. What is a pending order? If someone buys a certain coin online, you need to first find someone else to do a paid transaction (such as I ordered myself a 100 yuan coin), but the other person is unwilling to sell the coin to him. So how can we get others to help you buy and sell? 2、 Why use automatic transaction orders? In order to facilitate machine operation, users can complete transactions and earn commissions by automatically closing orders. But when customers do not make payments in a timely manner, they cannot achieve profits through automatic matching. For example, if you purchase 1 yuan or 1000 yuan of digital currency online, it will be automatically traded. 3、 Why do you need to provide your own deposit on the platform? Many people believe that providing confidential option…
-
Mask Network Acquires RARA: Bringing a Revolutionary Solution to Social Management
On April 4th, Mask Network announced that it had acquired the team behind the social management protocol RARA, which will continue to build applications and developer tools for RAR
-
Multichain Cross Chain Routing Protocol Surpasses $100 Billion Transaction Volume
According to reports, official data shows that the total transaction volume of the cross chain routing protocol Multichain has exceeded 100 billion US dollars, with TVL reaching 1.76 billion US dollars. Multichain’s total cross chain transaction volume exceeded 100 billion US dollars Analysis based on this information:The cross chain routing protocol Multichain has reportedly exceeded $100 billion in transaction volume, according to official data. This achievement demonstrates the growing adoption and utilization of blockchain-based protocols in various industries. Multichain has been developed to allow different blockchain networks to interact with each other seamlessly. This cross chain functionality makes it easier for users to move assets across various networks, without having to worry about different technical specifications and requirements. The protocol’s success can be seen in the significant transaction volume it has generated, with reports showing it has surpassed $100 billion. In addition, the Total Value Locked (TVL) within the Multichain ecosystem has reached $1.76 billion. This milestone is a testament…
-
What does yfii coin mean (yfii coin issuance price)?
What does yfii coin mean? According to official news from yfii.finance, yfii co
-
The Decline of USDT in the Stable Currency Exchange Agreement Curve
On March 11, it was reported that the proportion of USDT in the 3-pool of the stable currency exchange agreement Curve fell to 1.9%, leaving only 8.3 million, …
-
TruBit enables cryptocurrency trading through Mexican bank accounts
On March 7, TruBit, the Latin American compliance cryptocurrency trading platform, officially announced the connection to the Mexican franc channel SPEI, which…
-
Caldera’s Seed Round Financing: SevenX Ventures Among Participants
On April 10th, Web3 infrastructure provider Caldera tweeted that it had announced seed round financing news in February this year, and SevenX Ventures was also a participant in see
-
What is BCH called (BCH and BGH)?
What is BCH called, the two hard forks of Bitcoin Cash, BitcoinCash and BCHABC,
-
What makes extinct coins valuable?
What makes extinct coins valuable? What causes their extinction, and why is Bit
-
Analyzing the Current State of Bitcoin Market
According to reports, market analysis pointed out that although the BTC price has risen by nearly 50% so far this year, both the on-chain trading volume and th…