Illusionist Group

Illusionist Group is a venture capital firm established in 2020 and based in Hue, Vietnam. The firm focuses on investing in technical teams that are engaged in innovative projects within the blockchain and cryptocurrency sectors. Its primary objective is to foster the growth of a larger and more robust blockchain ecosystem by supporting companies that demonstrate significant potential in these fields.

Sang Tran

Co-Founder, Investor Partner and Director

6 past transactions

Subspace Labs

Funding Round in 2022
Subspace Labs is building a decentralized cloud database stored on end-user devices. Like Google Firebase, but decentralized and stored across people's phones, tablets, and computers. Their mission is to make it easy for developers to build decentralized apps so that users can own their data, and the Internet can work without having to rely on servers, data centers, and tech monopolies.

SQD

Seed Round in 2021
Subsquid is a developer of a data network platform that focuses on information extraction and transformation from blockchain data. The company provides a customizable and scalable query node infrastructure that allows users to build and deploy tailored ETL or GraphQL APIs for on-chain data. Subsquid’s decentralized data lake enables efficient retrieval of blockchain data from multiple chains, supporting the development of decentralized applications. The platform’s modular architecture and approach to indexer development offer users flexibility and adaptability for next-generation use cases, making blockchain data more accessible and usable for various projects.

Cyclos

Seed Round in 2021
Cyclos is a newly developed Solana-powered Defi project.

SubDAO

Funding Round in 2021
SubDAO Network is a DAO management platform that aims to provide a chain of tools to facilitate DAO’s creation. SubDAO is a DAO infrastructure based on Polkadot, where any decentralized organization is allowed to conveniently create and manage a DAO. SubDAO does not only connect DAO with DApps to realize DAO’s cross-chain management, but also bridges Web 2.0 and Web 3.0.

BC Network

Seed Round in 2021
Developer of a blockchain network platform designed to take community engagement to a new dimension on web3. The company's platform offers 2D social media, 3d gaming platform, and virtual reality (VR) visualization, and it allows users to have its own NFT galleries, with marketplaces, and tokens, enabling individuals or companies to run their communities by incentivizing the members in the token-economy.

BC Network

Seed Round in 2021
Developer of a blockchain network platform designed to take community engagement to a new dimension on web3. The company's platform offers 2D social media, 3d gaming platform, and virtual reality (VR) visualization, and it allows users to have its own NFT galleries, with marketplaces, and tokens, enabling individuals or companies to run their communities by incentivizing the members in the token-economy.
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