ConsenSys Ventures, the venture arm of the ConsenSys Ethereum blockchain powerhouse, has invested in a new round of five companies and is today formally launching its Accelerator. The five companies were invested in with a “combination of equity and tokens together. It was a unique termsheet created by Consensys Ventures in accordance with the SEC rules,” according to Kavita Gupta (pictured), the founding managing partner of ConsenSys and the lead on their Blockchain focused fund which is investing in an Ethereum powered “Web 3.0” startups. She went on to elaborate to me on the thinking behind these investments: “It’s very important for us to invest into companies that both embody the ethos of decentralization while also pushing the Ethereum ecosystem forward.

 

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