CV Pad and MultiversX Collaborate to Boost Web3 Startups

CV Pad and MultiversX have recently entered into a collaboration to provide backing to Web3 ventures. This partnership is designed to give developers access to funding and a community of over 250 partners, as well as the tools needed to deploy initiatives on MultiversX.

A new ecosystem partner and launchpad: @CvPad_xyz.

CVPad opens up a new track for talented builders to secure capital and gain access to a network of 250+ partners and a comprehensive suite of tools & resources for launching #MultiversX projects.https://t.co/ggqB2Q45op

— MultiversX | Sovereign Chains (@MultiversX) June 14, 2024

Sovereign Chains Launch Highlights Web3 Developer Focus

The emphasis on Web3 developer community has been witnessed due to the recent release of Sovereign Chains. It is a scalable and flexible L2 project developed on MultiversX. This public launch provides a new chance to interact and contribute to new developers focused on interchain solutions and fresh applications.

To further foster the development of Web3 solutions and generate even more opportunities for startups, MultiversX partners with CV Pad. CV Pad is a multichain launchpad working to make early-stage Web3 investing more accessible while using VC industry principles in the rapidly growing blockchain space.

CV Pad is deeply rooted in the Swiss Crypto Valley and shares the vision of three entities: The other prominent players in the industry include CV VC, CV Labs, and DuckDAO. These organization have since 2016 helped more than 1000 block chain startups.

CV Pad to Provide Full Support for MultiversX Startups

From now, startups in the MultiversX ecosystem will be able to on-board on the CV Pad and have access to a myriad of partners. To deal with requirements of such startups, CV Pad will deliver the legal support, audits, and the full range of technical and operational services. Some combined activities are already under discussion: the first project is about to be launched on both xLaunchpad and CV Pad.

This partnership between CV Pad and MultiversX will also likely fast track development of the products. It will also offer immense support to the Web3 companies enabling the organizations to actualize their intended objectives in the emerging blockchain ecosystem.

The collaboration between CV Pad and MultiversX is a milestone in helping Web3 projects build and grow their businesses. This plan is to utilize CV Pad’s expansive network and pool of contacts and resources in parallel with MultiversX’s highly developed technology. This partnership will also promote the creation of new and innovative projects within this market for potential new developers.