Investment by Morgan Crest Web3 Foundation in AI and Blockchain

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by Giorgi Kostiuk

a year ago

Morgan Crest Web3 Foundation, based in New York, has announced a $30 million allocation to fund startups at the intersection of artificial intelligence and decentralized infrastructure.

Investment Focus

The $30 million will be allocated toward:

* **AI × Blockchain Convergence** — decentralized machine learning networks, on-chain inference systems, AI agent frameworks. * **Decentralized Governance** — modular DAO architecture, voting protocols, trustless coordination layers. * **Web3 Infrastructure** — validator decentralization, liquid staking, zero-knowledge-based systems.

Founder's Statement

‘The next frontier of AI isn’t just technical—it’s institutional,’ said **Larry Morgan**, founder of the Morgan Crest Web3 Foundation. ‘We’re investing in foundational systems that ensure machine intelligence is developed openly, audibly, and under verifiable governance.’

About the Foundation

Morgan Crest Web3 Foundation is a New York-based capital initiative focused on decentralized governance, AI systems, and Web3 infrastructure. The foundation provides early-stage funding and strategic support to mission-aligned teams building the next generation of public blockchain infrastructure.

Morgan Crest Web3 Foundation continues to actively support startups that offer innovative solutions in artificial intelligence and blockchain technologies, contributing to the development of decentralized systems and public goods.

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