{"id":359850,"date":"2021-10-29T19:45:00","date_gmt":"2021-10-29T16:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/rally-founders-launch-crypto-venture-studio-backed-by-a16z-partner\/"},"modified":"2021-10-29T19:45:00","modified_gmt":"2021-10-29T16:45:00","slug":"rally-founders-launch-crypto-venture-studio-backed-by-a16z-partner","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/rally-founders-launch-crypto-venture-studio-backed-by-a16z-partner\/","title":{"rendered":"# Rally founders launch crypto venture studio backed by a16z partner"},"content":{"rendered":"<p>&#8220;<strong># Rally founders launch crypto venture studio backed by a16z partner  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvY2FkNTVjODAtNzdiNC00ODM3LTk0YmQtOThiOWQ0NDkxZTU4LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet.\u00a0<\/p>\n<p>On Friday, Kevin Chou and Mahesh Vellanki unveiled SuperLayer, a crypto venture studio building Web 3 projects directly on the Rally network, a crypto-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> platform that lets creators and artists launch their own digital currencies. The venture studio will launch projects in-house before recruiting product managers to further develop the business. <\/p>\n<p>Notably, SuperLayer has received backing from big-name investors, including Marc Andreessen of venture capital firm Andreessen Horowitz, Chris Dixon, Paris Hilton, Nas, Michael Ovitz, Carter Reum and others. Initially, SuperLayer will deploy $25 million in seed investments and will continue to raise funds on an ongoing basis. <\/p>\n<p>Kevin Chou was featured in The Cointelegraph Top 100 for 2020 in the category of adoption. Prior to co-founding Rally with colleague Mahesh Vellanki in 2018, Chou was at the helm of Kabam, an e-sports gaming company that sold for $1 billion in 2017.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Crypto platform Rally commits $12M to third-party developers<\/em><\/strong><\/p>\n<p>Marc Andreessen\u2019s Andreesen Horowitz has been behind some of the biggest crypto funding rounds. As Cointelegraph reported, blockchain platform Alchemy recently concluded a $250 million <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> C investment round that was led by the Silicon Valley venture firm. Earlier this year, the firm launched the biggest-ever crypto venture fund valued at $2.2 billion. <\/p>\n<p>As Cointelegraph reported, Andreesen\u2019s crypto fund recently recruited two prominent engineers from Facebook to join the firm as chief <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> officer and chief information security officer, respectively. Facebook, meanwhile, has rebranded to Meta, reflecting its broadening ambitions beyond social media and into Web 3 and augmented reality experiences. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/rally-founders-launch-crypto-venture-studio-backed-by-a16z-partner\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Rally founders launch crypto venture studio backed by a16z partner &#8221; Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet.\u00a0 On Friday, Kevin Chou and Mahesh Vellanki unveiled SuperLayer, a crypto&#8230;<\/p>\n","protected":false},"author":1,"featured_media":359851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvY2FkNTVjODAtNzdiNC00ODM3LTk0YmQtOThiOWQ0NDkxZTU4LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[77473,75719,117,73711,71745],"class_list":["post-359850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-andreessen-horowitz","tag-funding","tag-business","tag-investments","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/359850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=359850"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/359850\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/359851"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=359850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=359850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=359850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}