Sequoia Capital: In 2022, Sequoia Capital has shown a strong determination to invest in the blockchain sector. Following its $450 million investment in Polygon, the firm led a $12 million seed round in EthSign, a Web 3.0 e-protocol platform, and participated in a $32 million funding round in Espresso Systems, which focuses on Web 3 privacy systems. In addition, Sequoia Capital announced on Feb. 18 that it had set up a cryptocurrency investment fund with a size between $500 million and $600 million, focusing on investing in crypto projects including listed and unlisted tokens, with the investment amount of individual projects ranging from $100,000 to $50 million, and it also plans to get involved in the field of crypto finance. According to statistics, from January 2022 to the end of April, Sequoia Capital has invested in a total of 17 Web 3.0 companies at a rate of about one per week

Sequoia's aggressive investment in Web 3.0 signals a robust belief in the future of blockchain. As these projects bloom, the intersection with music events could redefine fan engagement through tokenized experiences, merging creativity and crypto.