Palcoin’s New Partnership with Purpur Ventures Brings AI Medical Projects to the Blockchain

Palcoin Crypto Venture Capital
4 min readNov 12, 2024

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Zug, Switzerland — Palcoin and Purpur Ventures AG are proud to announce the formal signing of a groundbreaking joint venture agreement in Zug, widely recognized as the Crypto Valley of Switzerland.

This partnership is set to leverage the strengths of both companies to support the development, funding, and listing of cutting-edge AI-driven medical projects on cryptocurrency exchanges.

Purpose of the Joint Venture

The collaboration aims to combine Palcoin’s expertise in blockchain technology, cryptocurrency markets, and venture capital with Purpur Ventures’AG innovative AI medical projects. Together, they seek to accelerate the growth and market readiness of these advanced medical solutions.

Once a project receives funding, Palcoin holders will be rewarded with tokens from the new project at no additional cost, providing unique investment opportunities and incentives.

Formation and Goals

The joint venture is established with the mission to:

  1. Accelerate the Development of AI Medical Projects: Focus on ensuring that selected projects reach market readiness efficiently.
  2. Strategically List Projects on Exchanges: Facilitate the process of listing these projects on recognized cryptocurrency platforms to ensure maximum exposure and investment opportunities.

Projects selected for development will align with Palcoin’s Investment Policy Statement, ensuring adherence to the company’s investment standards.

Contributions from Both Companies

Palcoin’s Contributions:

  • Financial Investment: Structured investments tailored to each project’s needs.
  • Blockchain Expertise: Extensive knowledge in blockchain, crypto markets, and strategic venture capital.
  • Network Access: Connections with potential investors, partners, and opportunities for exchange listings.

Purpur Ventures’ Contributions:

  • AI Medical Innovations: A rich pipeline of intellectual properties and ongoing medical projects.
  • Technical Expertise: Specialized knowledge in AI and medical technology.
  • Operational Support: Comprehensive project management and development capabilities.

About Purpur Ventures AG

Purpur Ventures AG is an innovative investment and incubation firm based in Zug, Switzerland, known as the “Crypto Valley” for its vibrant blockchain and technology ecosystem.

The firm specializes in fostering groundbreaking projects that harness the power of artificial intelligence and advanced medical technology to deliver transformative solutions with a positive human impact.

With a mission to empower visionaries and enrich humanity, Purpur Ventures operates a unique interdisciplinary model that brings together research, entrepreneurship, and strategic support. The company is structured around three core pillars: Purpur Studio, Purpur Lab, and Purpur Hub. These integrated entities collaborate to cultivate an ecosystem where startups and innovators can thrive, from initial ideation to market readiness.

  • Purpur Studio: Launchpad for innovative startups.
  • Purpur Hub: Community for collaboration across sectors.
  • Purpur Lab: Research and development center for cutting-edge technology.

Purpur Studio focuses on nurturing new ideas and accelerating their development by providing resources, mentorship, and business expertise.

Purpur Lab serves as a research and innovation center where cutting-edge AI and medical technology solutions are developed and refined. Finally, Purpur Hub connects these initiatives with a broader network of investors, academic institutions, and industry partners to foster growth and collaboration.

Purpur’s Portfolio of Projects

Mai Doc is an upcoming, advanced wealth management system that combines human expertise with AI to focus on both mental and physical health. The name Mai stands for “My AI,” representing a hybrid model of a human doctor and AI capabilities.

This system includes a Data Operation Center (DOC), which will enable seamless communication between clients, experts, and assistants. Mai Doc will act as a personal, 24/7 health coach and protector, tracking biomarkers, providing real-time feedback, and ensuring the best medical advice.

Although still in development, it promises to offer a holistic, intuitive platform focused on privacy, transparency, and quality care.

Further potential projects are under ideation and will be included after successful Prototyping and/or MVP.

About Palcoin

Palcoin is a pioneering cryptocurrency venture capital firm focused on creating a more inclusive and transparent investment ecosystem. By leveraging the power of blockchain technology, Palcoin enables its community of token holders to gain early access to high-potential projects across various sectors, with a strong emphasis on innovation, ethical investments, and financial growth.

Founded to democratize venture capital, Palcoin seeks to bridge the gap between traditional investing and the decentralized world.

The company ensures that its investors remain at the forefront of emerging opportunities by prioritizing transparency, community-driven decision-making, and providing tangible benefits to its token holders.

Palcoin operates under a unique business model where investors receive periodic updates on project progress, financial performance, and strategic decisions, fostering an environment of trust and security.

Features

One of Palcoin’s standout features is its investment strategy, which combines rigorous due diligence with a commitment to Shariah-compliant and ethical investment principles. This commitment makes Palcoin a trusted choice for those seeking halal investment opportunities in the rapidly growing crypto space.

By adhering to these principles, Palcoin ensures that its investments generate returns and align with ethical and moral standards.

Palcoin’s partnership ecosystem is robust, collaborating with innovators across fields like blockchain, artificial intelligence, green technology, and now, AI-driven medical solutions through its joint venture with Purpur Ventures. This collaboration marks a significant milestone in expanding Palcoin’s impact and portfolio.

With every funded project, Palcoin holders benefit by receiving tokens, creating a rewarding and participatory investment experience.

What’s Ahead?

As Palcoin continues to grow, it remains steadfast in its mission: to empower a global community of investors with secure, profitable, and ethically aligned financial opportunities.

Palcoin is setting a new standard for cryptocurrency venture capital through strategic alliances, transparent operations, and forward-thinking investments.

For more information:

Website: https://palcoin.cash/

Twitter: https://twitter.com/PalcoinToken

TG: https://t.me/PalcoinGroup

To learn more about Purpur Ventures:

Website: https://purpur.ventures/

Linkedin: https://www.linkedin.com/company/purpurventures

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Palcoin Crypto Venture Capital
Palcoin Crypto Venture Capital

Written by Palcoin Crypto Venture Capital

Welcome to Palcoin token, where a technological breakthrough in the Crypto VC industry is going to start.

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