Protofund is an early-stage venture fund founded by entrepreneurs, aimed at investing in passionate teams building blockchain/web3 and consumer products. It serves as a catalyst for ventures, providing the necessary resources and support to foster innovation and growth in the web3 industry.

Startups that receive investments from Protofund gain access to funding, as well as the expertise and network of experienced entrepreneurs. This support helps them navigate the challenges of launching and growing their blockchain/web3 projects, giving them a competitive edge in the marketplace.

Protofund differentiates itself from other venture capital firms by focusing specifically on blockchain/web3 and consumer products. Founded by entrepreneurs, its team understands the unique challenges faced by startups in these sectors, offering tailored support and insights to ensure the success of its portfolio companies.

Protofund is relevant to the blockchain and web3 industry as it provides essential early-stage funding and support to innovative startups in this rapidly evolving space. Its focus on blockchain and web3 projects helps drive technological advancements and adoption, contributing to the industry's overall growth.

Protofund typically invests in early-stage projects that are building blockchain/web3 and consumer products. Their focus is on teams that demonstrate passion and potential for innovation in these areas, ensuring their investments align with the future growth of the web3 landscape.

If a startup encounters issues with Protofund's investment process, it is recommended to communicate directly with their assigned contact at the fund. Clear communication can help resolve misunderstandings, ensuring that the startup receives the necessary support and guidance to move forward effectively.