BEIJING, Oct. 11, 2018 /PRNewswire/ — The NOME Group formally announced the establishment of “ONO Capital”, a strategic investment organization established by Ke Xu, Chair of the NOME Group, and CEO of ONO.
The primary mission of the organization is to invest in companies in the blockchain sector in the gaming, social networking, and new media industries, alongside public and cross-chain solutions-focused companies, by providing incubation solutions from the startup phase.
The available funds reach a total of US$300m, and the sum will be dedicated to the building of premium brands.
ONO Capital’s role is to boost entrepreneurship and innovation in the blockchain space, as well as building sustainable foundations to achieve consistently high performance.
The NOME Group was founded by Ke Xu in 2017. The group is committed to building the world’s largest decentralized ecosystem with ONOChain as the underlying public chain upon which the ONO social platform, the main network, and ONO Capital are based.
As a global blockchain social network, ONO’s decentralized application – DApp – with the support of millions of early blockchain adopters rapidly rose among its traditional peers and is now a platform that stands out in its industry with 3.8 million registered users at a local and global level. The Dapp is available on Google Play and the App Store.
ONO was featured in Forbes and China’s top media, people.cn, for its outstanding performance, and its founder, Ke Xu, is highly regarded by the international press.