What Does Lantern Capital Mean (Official Website of Lantern Capital)
What does Lantern Capital mean? What does Lantern Capital mean? Lantern Capital
What does Lantern Capital mean? What does Lantern Capital mean? Lantern Capital, in Chinese, means “Cannon Corps” and is a community organization composed of blockchain practitioners. It develops its own business or company through investment, incubation, and project management to achieve its strategic goals of business development and growth.
In simple terms, it positions itself as a venture capital (VC) that focuses on obtaining a certain return on investment and profit model. Under certain conditions, it can also obtain corresponding returns. This capital is mainly used for investment and development of entrepreneurial teams. (Note: Currently, many domestic exchanges are doing this.)
However, many people may not have thought that there would be such a fund. If there are so many institutions entering the market, it is likely to be a very small part of the fund.
For example, a company with a market value of nearly 1 billion dollars, like Bitmain, has established this so-called venture capital fund. And for some relatively young companies, they may sell their stocks to buy other assets, so they will choose to directly invest in the operation of these projects.
Official Website of Lantern Capital
The official website of Lantern Capital released today a series of articles on “The Mission of Lantern Capital” and “Igniting Digital Civilization.”
Li Lihui, the founder and chairman of Lantern Group, stated that China is one of the countries with the widest application of blockchain technology. In the past five years of development, Lantern has been actively layouting new industries such as digital finance and continuously promoting digital transformation to create an open and decentralized economic entity. “We are pleased to work with Lantern to build this new digital economy society.” He believes that “Lantern hopes to use our technology to change the future of the world” and “Lantern hopes to turn the world into a symbiotic force.”
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