Morgan Crest Web3 Foundation, a U.S.-based capital initiative, has allocated $30 million to fund early-stage ventures at the intersection of artificial intelligence (AI) and decentralized infrastructure.
The foundation focuses on advancing public goods infrastructure and governance systems for AI-aligned blockchains, operating as a research-driven investment entity based in New York.
The $30 million allocation will support categories like open, secure, and censorship-resistant principles, aiming to empower builders of mission-critical infrastructure with sustainable governance models.
The funding initiative includes token-based investments, equity participation, and an Advisory and Mentorship Program to guide founders through regulatory compliance, secure system design, and tokenomics structuring.