Gushcloud International, an influencer marketing agency based in Asia, has partnered with a firm owned by Snoop Dogg’s son Cordell Broadus to launch a Web3 fund.
Broadus is a crypto entrepreneur and the owner of Camp Medici, a Bored Ape NFT.
The fund aims to invest in founders building blockchain and crypto companies pushing to a future in Web3. It will also provide equal opportunities for Asian founders based outside of America.
The details of the fund were not disclosed.
Gushcloud and Champ Medici will also provide opportunities for Asian brands to move into Web3.
“As partners now with Gushcloud, we will also be releasing a Web3 investment fund targeted towards investing in founders building blockchain and crypto companies to push forward our combined future in Web3,” said Broadus.
April this year, Broadus and Gushcloud collaborated to create and throw two pop-up events. According to Gushcloud, both the events caught the attention of key crypto investors and sponsors such as Klaytn, CLV, Bixin Ventures, NSMG, and Ethsign. Celebrities and influencers comprising G-Eazy, Steve Aoki, Russell Simmons, Aoki Lee Simmons, Nicole Scherzinger, Bia and Bretman Rock also turned up for them.
Althea Lim, co-founder and group CEO Of Gushcloud, said: “Partnering up with Cordell Broadus and his team has given us key insights to what the future of Web3 looks like as they are at the forefront in the industry.”
She further explained that Gushcloud wants to develop more branded opportunities and marketing solutions for creators and brands wishing to enter the Web3 world. The decision to partner with Broadus was its first step toward that.