On the evening of May 6th, the second phase of the "Web3.0 Master Class" series of events hosted by Rhythmic BlockBeats was launched on Twitter Space. The guest speaker for this issue is Harry, co-founder of Project Galaxy, a Web3.0 data credential application. In the first week of May, Project Galaxy’s native token was just launched on mainstream crypto trading platforms such as FTX, Coinbase and Binance. In January this year, Project Galaxy received US$10 million in financing. The institutional lineup is very eye-catching, with top institutions such as Multicoin, Binance, Cloud Nine, Coinbase, and Alameda all participating.

For Web3.0 entrepreneurs, financing is crucial and even determines the start-up, longevity, and subsequent development of the project. Therefore, through the experience of Project Galaxy, we hope to sort out "how to obtain financing?", "how to communicate with the trading platform?" and other issues that entrepreneurs are concerned about.

Like Web2 entrepreneurship, financing is also an indispensable part of Web3 entrepreneurship. How do Web3 entrepreneurs recognize institutions when raising funds? How to communicate with them? Is there a methodology?

We have heard many wonderful financing stories. We have heard that Matt Huang invested in ByteDance while traveling to Beijing at the age of 24, and we have heard about the dispute between Wework and SoftBank. Support and compromise, I have also heard the story of Didi’s verbal financing becoming a turning point in OFO’s destiny.

The financing story of Web2 still exists in the Web3 industry, and is even more exciting. There are no geographical restrictions on products, and there is no financing. Any Web3 product targeting the world can find financing around the world.

Want to start a business in Web3 but don’t know where to start? Rhythm's Web3 Master Class series of activities will teach you what you need to know about starting a business. This live broadcast will tell you about the various experiences Project Galaxy summed up in its early financing.