We are excited to announce that NGC Ventures has invested in Paralink. We sat down with Roger Lim a Partner at NGC Ventures to ask him some questions about DeFi and we’re excited to share what we learned!

Why did you invest in Paralink?

A cross-chain interoperable and scalable Oracle platform with a great team. It was an easy decision.

What is your investment thesis for 2021?

Our current Fund 3 continues to focus on an adoption theme for 2021. This includes disruptive interoperability projects on Polkadot or Cosmos as well as DeFI or CeFi projects.

Who are your favorite founders in the DeFi space and why?

Too many to fill this space here but I will mention Andre Cronje has my utmost respect not specifically just for what he did for DeFI but that he is pursuing his passions in the way he envisions it. Also creating solutions that benefit others along the way.

What is the main signal of product market fit in the DeFi space in your opinion?

A strong team executing on a set of ideas via iteration creating a product that entices a core group of early adopters.

Who are some investors that you co-invest with in the space and what is the main value add that a DeFi fund or investor can bring in your opinion?

The biggest value add we offer to our projects is being there for them to help in any way possible in their startup journey to achieve success.

For more information on NGC Ventures visit their website here.