LD Capital Announces Establishment of Solana Ecosystem Fund

LD Capital
3 min readJan 12, 2024

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Solana has recently attracted widespread attention in the cryptocurrency space due to its unique blockchain technology and the rapid growth of its ecosystem. The native token, SOL, has surged by an impressive fivefold in the past three months!

Founded in 2017 by Anatoly Yakovenko, Solana is a high-performance blockchain network aiming to be a secure, high-speed, and low-cost public chain, supporting the decentralized world of the future. Unlike the inefficiencies and high fees associated with the Ethereum blockchain, Solana effectively addresses these challenges, providing a robust foundation for a broader range of decentralized applications (Dapps).

What sets Solana apart is its emphasis on security, speed, and cost-effectiveness, delivering an outstanding experience for users and developers alike. With a high throughput, Solana can process over 65,000 transactions per second, and its low transaction costs have garnered widespread attention, with fees as low as $0.00025 per transaction.

Additionally, Solana supports smart contracts, providing a solid foundation for the development of the DeFi ecosystem. By adopting the Rust programming language for smart contracts and a hybrid consensus mechanism, Solana ensures a high level of security, offering robust support for the long-term success of its ecosystem.

LD Capital has announced the Solana Ecosystem Fund, focusing on investing in projects within the Solana ecosystem. The fund aims to deeply engage in the development of the Solana ecosystem, supporting innovative projects and teams, and driving broader blockchain applications and adoption. In the coming year, the plan is to accelerate investment in over ten Solana ecosystem projects while assisting more portfolios in transitioning to contribute to the vibrant blockchain ecosystem actively. LD Capital firmly believes in Solana’s potential for greater success in the blockchain space and looks forward to shaping the future alongside innovators and developers.

A proactive approach will be maintained towards research and investment in Solana and its derivative ecosystems, with a commitment to discovering secondary targets with enormous potential to further prosper the Solana ecosystem.

Current investments in Solana ecosystem projects include:

  • Render Network: A protocol utilizing decentralized networks for distributed rendering.
  • Star Atlas: A metaverse game running on the Solana public chain.
  • OpenOcean: The first cross-chain aggregation protocol, aggregating mainstream DEX ecosystems on ETH, Layer2, Solana, BSC, ONT, and TRON.
  • Divvy: A betting protocol within the Solana ecosystem.
  • Larix: A lending protocol within the Solana ecosystem.

LD Capital

As a global blockchain investment firm, we have built a portfolio of over 250 investments since 2016, spanning across various sectors, including infrastructure, DeFi, GameFi, AI, and the Ethereum ecosystem. We focus on investing in projects with disruptive innovations, actively taking on the role of primary investors, and providing comprehensive post-investment services to these projects. We employ a combination of direct investment from our own funds and a distributed fund model to cover all-stages of investment.

Trend Research

Trend Research division specializes in crypto hedge funds focusing on secondary areas within the crypto market. Our team members come from top platforms and institutions like Binance and CITIC. We excel in macroeconomics, industry trends, and project data analysis, with trend, hedge, and liquidity funds.

Cycle Trading

We specialize in Web3 project investment and service, with a strong emphasis on Infra, applications, and AI. We have a team of nearly 20 senior engineers and dozens of crypto experts as advisors, assisting projects in strategic design, capital platform relations, and liquidity enhancement.

website: ldcap.com

twitter: twitter.com/ld_capital

mail: BP@ldcap.com

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LD Capital

We are one of earliest VC investors in the Blockchain field in Asia. We focus on : Innovation projects within finance, games, content publishing and IOT