Astoria Venture Fund announced today that it has joined the Beefi Honeychain Social Fund, marking a new milestone in the collaboration between the two powerful institutions in the Web3 social field. Previously, Astoria Venture Fund and Beefi Honeychain Social jointly established a private equity fund, paving the way for the release of Beefi Token Economy 2.0. Astoria Venture Fund has now announced its participation in the foundation to jointly reshape the token distribution of the ecosystem, making the tokens more valuable and committing to play an important role in future development.

The release of Beefi Token Economy 2.0 is an important milestone in the Web3 social field. Therefore, the Beefi Honeychain Social Fund is committed to attracting leading Web3 institutions and social entertainment industry leaders to give Beefi Token greater value and influence.

In this collaboration, Astoria Venture Fund will purchase 5% of the foundation's token shares and lock them for two years to jointly promote the project's development and become a leader in the Web3 social field in the next Bitcoin bull market.

Eric Li, founder and CEO of Astoria Venture Fund, said, "We are very excited about the collaboration with the Beefi Honeychain Social Fund. This collaboration will provide us with more opportunities to expand our presence in the Web3 social field, and we will work together with the Beefi Foundation to create an ecosystem with significant influence."

This collaboration marks the determination and confidence of Astoria Venture Fund and Beefi Honeychain Social Fund to jointly build the Web3 social field, and will bring more innovation and development to the global Web3 social ecosystem.

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