![Reddit-Co-Founder-Solana-Ventures-Launch-50M-Fund-for-Web-3.jpg Reddit Co-Founder, Solana Ventures Launch $50M Fund for Web 3 Social Media](https://cryptotoptrends.com/wp-content/uploads/2021/11/Reddit-Co-Founder-Solana-Ventures-Launch-50M-Fund-for-Web-3-678x381.jpg)
“With a high performance blockchain like Solana, there is an unprecedented opportunity to fuse social and crypto in a way that feels like a web2 social product but with the added incentive of empowering users with real ownership,” Ohanian said in a statement.
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