Fenbushi Capital Officially Announced Its Strategic Investment in the Innovative Blockchain Project Merculet
CHICAGO, April 15, 2018 (Newswire.com) - Recently, Fenbushi Capital officially announced its strategic investment in the innovative blockchain project Merculet. In view of this investment and in recognition of Merculet’s vision, the managing partner of Fenbushi Capital, Bo Shen, will accordingly act as a strategic adviser of Merculet.
Ranked by CB Insights among the top 5 blockchain venture capitalists across the world, Fenbushi Capital has been consistently committed to exploring blockchain-based solutions that can really engage companies worldwide in the process of business distribution.
Distributed commerce is the trend of social economic development and will bring companies worldwide a new round of significant growth. We invest in Merculet seeing how it is distinguished from many other blockchain projects: it is using solid blockchain technologies to build footstones to base those distributed commerce. According to our estimation of the forthcoming distributed commercial world, we expect Merculet to bring unprecedented changes to the evolution of the business ecosystem.
Bo Shen, Managing Partner of FBG Capital
However, today the crypto-space remains far from being well-developed to allow companies to embrace distributed commerce. One of the key problems is the lack of mature blockchain technology solutions at enterprise level.
Merculet positions itself as the Chief Growth Officer to serve the entrepreneurs worldwide, providing internet companies with solutions that grant them ready access to token-based operations. Even in the absence of prior knowledge and coding of blockchain, companies can start their tokenized operations in one day with simply a few parameter configurations required. Moreover, thanks to the trust-free blockchain system, each company would be able to be linked and integrated with its peers in the same blockchain ecosystem.
In the past three years, the Merculet team has been providing growth solutions to outstanding mobile-internet entrepreneurs in terms of user attention and content generation. The team has developed a number of products that are running stably with seamless operation model. Among others, the “Deeplink” mobile solution, as launched three years ago, has served uninterruptedly more than 800 million personal users and more than three thousand corporate clients in total. Its B2B smart content distribution platform pulls off billions of exposure per day.
As a strategic investor of Merculet, Bo Shen commented that: “Distributed commerce is the trend of social economic development and will bring companies worldwide a new round of significant growth. We invest in Merculet seeing how it is distinguished from many other blockchain projects: it is using solid blockchain technologies to build footstones to base those distributed commerce. According to our estimation of the forthcoming distributed commercial world, we expect Merculet to bring unprecedented changes to the evolution of the business ecosystem.”
CEO of Merculet, Ivan Jiang, commented that: “It is never easy for companies to embrace token-based operations. Merculet looks forward to boosting the full-scale shift of internet companies and internet users to tokenized business soonest and recapturing the diversity of internet.”
Recently, having tested and carried out black box docking with many outstanding internet companies around the world, Merculet is about to release its one-stop solution.
The future is here. Merculet plans to implement its solutions on a grand scale in 2018 and will form strategic partnerships with thousands of start-ups all over the world. In doing so, it will drive more than 800 million users into the blockchain era to share the value of this trillion-dollar worth traffic.
About Fenbushi Capital
Founded in October 2015, Fenbushi Capital is funded by Wanxiang Group. After two years’ market penetration, it currently has a portfolio of more than 50 companies around the world, with total investment exceeding 50 million dollars.
Fenbushi Capital’s portfolios span various development stages, vertical business chains, territories and business models in the crypto-space. They include underlying platform blockchains, Internet of Things, supply chain, cross-border money transfer, traceability, enterprise applications and many other fields.
Our idea is to invest in various types of blockchain companies all over the world to create and connect the ecosystem of the blockchain industry. Fenbushi Capital has the most internationalized investment team in this industry. Our two managing partners are Feng Xiao, Vice President of Wanxiang Group, founder of Bosera Asset Management, and doctorate from Nankai University, and Bo Shen, founder of BitShares. Vitalik Buterin, founder of Ethereum and named in Fortune’s 40 Under 40 list (2016), is an adviser to Fenbushi Capital.
Meanwhile, many investment managers and industry analysts at Fenbushi Capital have long-term experience working for international asset management and investment institutions.
Fenbushi Capital will continue to invest in the development of practical blockchain applications and will put more emphasis on fields that have already had practical breakthroughs, such as finance, medical treatment, Internet of Things and supply chain.
For more information about the ICO, please visit the following links:
Official Website: https://merculet.io
Telegram: https://t.me/Merculet
Medium: https://medium.com/merculet
Twitter: https://twitter.com/Merculet_io
Facebook: https://www.facebook.com/Merculet-347541915747100
Reddit: https://www.reddit.com/r/merculet
Source: Merculet
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Tags: Blockchain, Cryptocurrency, ICO