Tim Draper launches new crypto venture studio Draper Goren Blockchain

Odaily Planet Daily reported that Silicon Valley investor and billionaire Tim Draper launched Draper Goren Blockchain (DGB), a venture capital studio focused on cryptocurrency, aiming to accelerate DeFi innovation, Layer2 network expansion solutions, and consumers such as gaming and social experiences. Application development in response to ongoing bear market. DGB founding partners Alon Goren and David Bleznak have invested in Draper Round Table, the Web3 investment platform launched by Draper, and are board members of social analytics platform LunarCrush and digital securities institutional-grade network Ownera. Alon Goren said that they do not plan to run DGB in the Y Combinator or Techstars model. DGB plans to cooperate with each company in the long term. “We plan to cooperate with each company in the next 10 years and invest in startups in the Pre-Seed stage. $25,000 to $100,000 and will focus on working with select entrepreneurs to build companies from scratch.” (Decrypt)