On March 12th, at the ETHDenver in the United States, Jsquare hosted the Proof of Brew: Tasting the Crypto event. Mr. James Wo, co-founder of Jsquare and Venture Partner of Pioneer Fund, announced the official release of the first phase of its first LP fund, Pioneer Fund, on behalf of Jsquare. The size of the first phase of the fund is 50 million US dollars, focusing on investing in AI, consumer applications, RWA, DeFi, PayFi and other Web3 fields. Ms. Joanna, Jsquare Founding Partner, said: "The launch of the Jsquare Pioneer Fund is a milestone in our drive to grow the entire blockchain ecosystem, announcing the fund's open and compliant operation, fully catering to the expansion trend of the market. We are excited to partner with projects in high-potential areas such as RWAs and consumer applications, as we see these areas as important opportunities for growth. Our commitment goes beyond funding these projects, we are also committed to providing guidance and leveraging our global network and resources to help projects become industry leaders."