The LAMINA1 Ecosystem Fund (L1EF) Invests in Metaverse: Innovation Lab 0 Studio and Phygital Goods Platform Legitimate
The LAMINA1 Ecosystem Fund (L1EF), launched by LAMINA1 as the world’s first publicly-accessible rolling ecosystem fund for a Layer1 blockchain, announced its inaugural investments in two disruptive Web3 companies that are building immersive technologies and experiences driving the future of the Open Metaverse: IP innovation lab and studio 0Studio, and Legitimate, a platform that bridges physical and digital experiences The first-of-its-kind fund serves two goals: to offer global accredited investors a way to gain direct investment access to early-stage Layer1 projects not previously accessible to the general public, and to provide Web3 builders a vehicle for raising capital for their Open Metaverse ventures. With a minimum commitment of $2,500 quarterly and $10,000 annually, L1EF’s AngelList roll-up structure allows accredited investors to access and co-invest in companies and entrepreneurs through quarterly subscriptions. “Our goal at L1EF is to invest in builders, creators, and early-stage projects that broaden the LAMINA1 platform and bring the vision of an Open Metaverse to life,” said Peter Vessenes, Founding Partner of L1EF and Co-Founder of LAMINA1.
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