Throughout 2022, venture funds seeking to capitalize on the growing embrace of Web3 products and services helped the space shatter all previous fundraising records, even in the face of bearish market conditions.
However, investing in early-stage blockchain startups isn’t the same as traditional investing. The Web3 space is relatively new and still evolving, requiring a different approach. Moreover, because the crypto industry isn’t heavily regulated, it becomes vital for venture capital companies and investors to understand the legal and regulatory implications of investing in crypto projects.
Between evaluating the team behind a project, the technology use case, market demand, and sustainability, investors must go through many checkpoints before making any investment decisions. To better understand how the crypto investment industry works, we sat down with Deng Chao, the Managing Director of Hong Kong-based HashKey Capital, which invests exclusively in blockchain technology and digital assets.
With new investors entering the market and the Web3 ecosystem…
