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FUNDGO Formed a Strategic Partnership with ONUS Chain to Assist Vietnamese Startups in Their Global Expansion

12/12/2022

In order to promote the use of blockchain and bring it closer to businesses, FUNDGO Startup and Innovation Fund has cooperated with ONUS Chain to build a comprehensive launch pad for blockchain projects and startups in Vietnam, thereby strengthening the position of the country's technology market.

Experts believe that Vietnam is currently one of the most promising blockchain markets. According to statistics, by 2021, the Vietnamese blockchain market has about 3,800 startup projects, and there are currently approximately 10 innovative startups in this field founded by Vietnamese people with a market capitalization of over 100 million USD. The majority of Vietnamese blockchain startups, however, still face numerous challenges in capital, technology, technical infrastructure, professional knowledge, business strategy, and so on. Understanding these obstacles, FUNDGO and ONUS Chain decided to collaborate to assist startups in overcoming the aforementioned issues and improving their competitiveness in the international market. 

FUNDGO entered into a strategic partnership with ONUS Chain to empower Vietnamese technology startups.

As the Mekong Delta's first startup and innovation fund, FUNDGO operates with the mission of incubating and long-term investing in potential startup projects. The Fund recently announced the inception of FUNDGO Launcher Program. With a committed investment capital of up to $150 million, an ecosystem of more than 5 million users, and a network of more than 30 domestic and foreign investment funds, FUNDGO possesses large financial resources and the ability to connect with leading organizations in all fields. This advantage allows companies and startup projects to rapidly expand their market. Furthermore, ONUS Chain Technology Investment Center will also collaborate with FUNDGO to assist businesses in implementing new blockchain technology. 

FUNDGO Launcher Program was initiated with the goal of helping startups overcome financial difficulties.

ONUS Chain is a scalable, high-performance and EVM compatible blockchain platform built on the BNB Application Sidechain (BAS). ONUS Chain has an easy-to-use interface that allows developers and users to quickly access and use it at a low cost. With over 2.5 million users from ONUS Wallet and over 1 million wallet addresses from RICE wallet, ONUS Chain will act as the bridge to bring blockchain closer to the community. Furthermore, ONUS Chain also received great support from several development teams with the goal of converting and conducting projects on the platform's mainnet. 

With the partnership of FUNDGO and ONUS Chain, blockchain projects in Vietnam will be aided in raising capital via IDO/Launchpad and listing on ONUS Wallet, as well as connecting with domestic and foreign investment funds and partners. Furthermore, startups will be supported with technology, community building, tokenomics consulting and other marketing and communication strategies. 

Mr. Nguyen Chi Cong, CEO of TRUSTpay - the Fund’s managing company, expressed: “FUNDGO recognizes the tremendous potential and role of blockchain in today's digital transformation context. Therefore, we are boosting our connection with partners to assist Vietnamese startups in expanding the coverage and applicability of this technology in real life. FUNDGO believes that ONUS Chain will be a valuable strategic partner to promote the overall development and competitiveness of blockchain startups in Vietnam."

Learn more about ONUS: https://goonus.io/

Register to receive investment and support from FUNDGO Launcher Program: https://bit.ly/3tv1K8B

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