Known as one of the investment funds with the most unique and impactful community in Vietnam, 590 Ventures has been and still is a strategic partner and solid launcher for projects including Elemon.
How is 590 Ventures founded?
590 Ventures was founded by Mr. Hau Nguyen during his stay in Russia with a completely different idea from traditional investment funds. 590 Ventures gives everyone the opportunity to participate, contribute, share and give opinions to develop - fair & transparent as the core spirit of blockchain - the area where the fund focuses on investing the most.
What is the vision and mission of 590 Ventures?
590 Ventures not only appears as an investor but also holds an important position in consulting and supporting projects to develop as well as expand their domestic and foreign markets. The 590 community is dedicated to finding, researching, and sharing information accurately and valuably.
With a mechanism to build a separate and effective consensus system (DAO) for the community to ensure that all valuable opinions will not be ignored, 590 Ventures is growing and going further with its mission of conveying real information and bringing real values to the community, as well as being a launching pad to support Vietnamese projects in solving real-life problems and reaching the international level.
590 Ventures' criteria for selecting investment projects
The product of the project must bring value to the community. 590 selects potential projects with long-term development roadmap and vision.
The Fund evaluates projects through the development team, prioritizing projects with experienced developers in the blockchain and gaming fields who are passionate about the project.
How will 590 Ventures accompany Elemon?
590 will support Elemon in community development, promote Elemon's ideas and true values to the community, including Vietnamese and international communities, helping Elemon reach more people. Also it is 590 Ventures to invest in elemon to give Elemon the initial resources to grow.
590 advises Elemon on marketing strategy, finance and community development, and accompanies with Elemon to bring Vietnamese products to the world.
How do 590 ventures identify NFT games and game trends Play to earn?.
Play to Earn (play to earn money) are video games where participants will gain profits from the game, possibly through trading, exchanging, buying, etc. Play to Earn has actually appeared since very early with some classic names such as Vo Lam Truyen Ky, Crossfire, League of Legends,... However, the nature of play to Earn has not been shown too clearly.
For blockchain games, this feature is evident in the more financial in-game features. With the current development, the Play to Earn model promises to make even more outstanding strides in the coming time. That's why the fact that 590 Ventures invests in Elemon promises to be a hidden gem in the future after Axie infinity and Faraland.
Elemon is honored to cooperate with 590 Ventures to bring the community the best quality projects. Thank 590 Ventures for accompanying Elemon from the early stages of the project as well as for the extremely enthusiastic support now and longer development journeys in the future.
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In the continuation of our colossal X-Factor & global community tribute event sequences, Elemon is thrilled to announce that apart from the previous on-and-on guessing contest DECODE X-FACTOR, a brand-new mini-game named GOLDEN TICKET - RACING TO X-PRIZES is officially released.