Demium bets for the first time on Web3 with investments in Viveel and Liisa , startups incubated in Lisbon, which develop blockchain -based products . With this bet , in a total of around 300 thousand euros invested through the Demium Capital Fund, Demium increases the number of startups in its portfolio to 20.
“At Demium we are convinced that Web3 empowers entrepreneurs to create a vast amount of different applications spread across multiple sectors and industries. We must understand Web3 as an excellent tool where services can be offered in a more secure, reliable, and democratic environment, taking care to avoid a continuous skepticism about speculation, theft and privacy. It is crucial that Web3 is used by creators as an effort-based ecosystem, as only then does the investment opportunity flourish” , explains Javier Desantes, director of operations and innovation at Demium, quoted in a statement.
The full article can be found at www.sapo.pt