Arrington Capital Launches $100M Algorand Ecosystem Fund
Michael Arrington’s crypto venture-capital firm, Arrington Capital Management, is launching a $100 million fund for bets on projects building on the Algorand blockchain.
Called the Arrington Algo Growth Fund (AAGF), the fund will invest in tokens and equity, Arrington, the founder of the TechCrunch blog, told CoinDesk in a telephone interview. It is Arringtonl’s second crypto-focused fund after the flagship Arrington XRP Capital Fund, which in March reported $236.7 million in assets.
Arrington Capital now has over $1 billion in assets under management, according to a press release.
AAGF adds to a growing list of crypto funds now pumping over $500 million into cryptographer Slivio Micali’s proof-of-stake blockchain. The fund will help pay for investments ranging from non-fungible tokens to a partnership with Miami to use Algorand in municipal projects – all in an effort to accelerate the development of Algorand’s “ecosystem.”
“Our LPs (limited partners) include several parties who align with the Algorand vision and want to support the expanding ecosystem with new offerings,” Arrington said. “We may also bring on additional investors. Additionally, I am personally investing in the fund.”
Arrington Capital Launches $100M Algorand Ecosystem Fund
Yes!!!should i buy bitcoin y/n?
ALGO, #FutureFi
Silvio Micali’s team and backing >>>>>>
Amp approaching the ATH, in a fukked up market at that. That CB stimulus
I believe amp is the cheapest token on Coinbase now
This could be interesting. You can always have a hit on your hands when sex is involved. Get porn bytches on there and the nerds going follow. Who's the team behind this?Finally a blockchain dating app, i'm about to get in this is the shyt i was waiting on someone to do it and i'm early for once
Hot Girl Summer ($HGS)
Hot Girl Summer BSC
Risk your life for bitcoin, brehs.
CNBC: Bitcoin conference attendees report testing positive for Covid after returning from Miami.
https://www.cnbc.com/2021/06/10/bit...t-covid-cases-after-returning-from-miami.html
It's launching later on today, you'll have to join the telegram for more info breh not much on the team yet apart from an intro video, website is still fresh.This could be interesting. You can always have a hit on your hands when sex is involved. Get porn bytches on there and the nerds going follow. Who's the team behind this?
Give me some plays you put bread in? I’ll dropI think im finally done, brought everything I've needed my holdings is stuffed.... now I bury it and wait for the future....
Give me some plays you put bread in? I’ll drop
A 20 or 30 in each.
You should name your portfolio ToiletShiba, Chihua Token (airdrop), Feg, Sanshu Inu, Kishu Inu, Akita, Hanshu Inu and a small amount of Emax...
You should name your portfolio Toilet