Cryptomeria Capital Unveils a Versatile Venue in Singapore
In Brief
The crypto venture capital firm, Cryptomeria Capital, has declared the launch of a new initiative within Singapore's premier blockchain incubator, led by the experienced team at SkyArk Studios in the Web3 gaming space.
The first project to leverage this new opportunity will be PARSIQ, a comprehensive data network.
The VC will integrate into SkyArk Studio’s blockchain hub, which is designed for leading players in the field.
On April 3, 2023, Singapore — Cryptomeria Capital proudly reveals its new space within the largest blockchain incubator hub in Singapore, a project driven by the expertise of SkyArk Studios, a notable presence in Web3 gaming.
This venue will host industry events and support projects looking to grow and incubate, acting as a launchpad for Cryptomeria’s portfolio companies aiming to enter the Asian market. Those receiving funds from Cryptomeria will have the chance to showcase their innovations in this Singapore hub as well. PARSIQ will be the inaugural project to benefit from this initiative.
Vadim Krekotin, Founding Partner of Cryptomeria Capital: \"We’re thrilled to partner with SkyArk on this exciting project, especially since we have previously invested in them. Given the dynamic growth within the Asian blockchain landscape and the rapid mass adoption in the region, extending our reach here has been a longstanding ambition. We’re eager to make significant contributions to the Web3 ecosystem in Singapore. Our involvement in this hub will add immense value to our portfolio companies, acting as a vital link to a flourishing market.\"
Kelvin Chua, Co-founder of SkyArk: \"SkyArk is excited to collaborate with Cryptomeria Capital in fostering the Web3 blockchain community through our incubator programs, accelerators, and hackathons; focused on collaborative R&D in decentralized governance tools, DAO infrastructures, and the Metaverse.\"
Tom Tirman, CEO of PARSIQ: \"We’re thrilled to forge our partnership with Cryptomeria Capital and SkyArk Studios at this new accelerator hub in Singapore. Collaborating with such innovative and forward-thinking organizations excites us greatly. The region has already shown remarkable advancements in blockchain technology, and it seems like we're on the brink of significant creative breakthroughs. PARSIQ is set to drive this progress forward by delivering state-of-the-art blockchain data solutions, and we can’t wait for the promising synergies that lie ahead with this project.\"
The hub is currently home to several exciting Web3 gaming initiatives, including Legends Arise, House of Heroes, and more.
Cryptomeria Capital is a crypto investment fund supported by industry veterans in the blockchain realm. Its focus lies solely on projects, ventures, and tokens related to blockchain tech and crypto assets. The firm collaborates with Axon Partners Group, an international consulting and investment entity that has supported over 50 ventures and is listed on the BME Growth Market under the ticker \"APG.\"
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PARSIQ functions as an all-encompassing data network designed for building the backend of every Web3 dApp and protocol. Its Tsunami API enables blockchain projects to access both real-time and historical data querying capabilities. The Data Lake APIs are crafted for intricate data queries and filtering tailored to meet the specific data requirements of each project. Supported chains include Ethereum, Polygon, BNB Chain, Avalanche, and Arbitrum.
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Disclaimer
In line with the Trust Project guidelines Karolina is a writer and journalist with a foundation in literary studies. She has a keen interest in innovative technological solutions and art, where NFTs uniquely blend both realms. When she's not working, she's a proud plant mom, a lover of vintage fashion, and an avid gamer.
