Lemniscap is a venture capital firm founded in 2017 and based in George Town, Kentucky. The firm specializes in investments in emerging cryptoassets and blockchain companies, focusing on the dynamic and evolving landscape of the cryptocurrency sector. In addition to its venture capital activities, Lemniscap manages a hedge fund that utilizes a long/short equity investment strategy. The firm is dedicated to identifying and supporting innovative projects within the blockchain ecosystem.
DeCharge is focused on creating a global energy network designed to support the charging needs of electric vehicles, drones, and emerging technologies. The company has developed a blockchain protocol that enhances the electric vehicle charging ecosystem by facilitating payments and providing incentives for stakeholders. This innovative software aims to improve access to charging infrastructure, contributing to a more efficient and interconnected energy system. Through its efforts, DeCharge seeks to promote sustainable energy solutions and foster a collaborative environment for businesses and users alike.
Cytonic
Seed Round in 2024
Cytonic is a technology company specializing in the development of a multi-virtual-machine blockchain platform. This platform is designed to integrate and process transactions from diverse networks such as Bitcoin, Ethereum, and Solana simultaneously in a single block, facilitating efficient cross-chain transactions.
Nitro Labs
Seed Round in 2024
Termina is a powerful platform designed to streamline the deployment of Solana blocks through an integrated engine for the Solana Virtual Machine (SVM)
Hyve
Seed Round in 2024
Hyve is a high-throughput data availability solution designed for high-performance decentralized applications and networks.
Irys
Seed Round in 2024
The world's first programmable datachain, where data doesn't just exist; it becomes active, fluid, valuable across applications. And it's this evolution—from passive to programmable—that marks the true primitive.
dvts.network
Series A in 2024
dvts.network is an ethereum liquidity staking protocol that reduces the initial capital requirements for ethereum validators.
Fjord Foundry
Seed Round in 2024
Fjord Foundry is a community-focused platform designed to connect creative projects with enthusiastic backers. It employs Liquidity Bootstrapping Pools (LBPs) to facilitate interactions between projects and supporters, offering a fair and transparent price discovery mechanism for generating liquidity and distributing digital tokens. This approach allows projects to mitigate the negative effects of large investors and automated trading bots, ensuring a level playing field for all participants. By providing seamless access to liquidity, Fjord Foundry empowers projects while fostering a supportive community environment.
Zeus Network
Seed Round in 2024
Zeus Network is a cutting-edge and permissionless communication layer platform that connects connects Solana and Bitcoin.
Cosmology
Seed Round in 2024
Cosmology operates a development platform designed to streamline the creation and deployment of decentralized applications (dApps) within the interchain ecosystem, which encompasses multiple blockchains. Their platform provides tools such as low-level encoding and signing, user interfaces, and wallet adapters, aiming to simplify the process for Web2 developers to transition into Web3 development.
Watches.io
Pre Seed Round in 2024
Watches.io is a technology company specializing in the luxury watch market. It operates a platform that tracks and provides real-time, accurate pricing data for watches, sourced from various channels like auctions, dealer listings, and social media. This service enables users to make informed decisions about buying, selling, and investing in watches, fostering transparency and confidence in the market.
Stackr
Seed Round in 2023
Stackr Labs is a company focused on developing app-specific rollups on the Ethereum blockchain, utilizing web2 programming languages. It aims to create standalone customizable applications that leverage the benefits of rollups for distributed computing. By specializing in the efficient integration of off-chain data sources, such as social graphs, user credit scores, and KYC and identity systems, Stackr Labs enables users to access and utilize data seamlessly. The company's innovative approach seeks to unlock the potential of rollups, enhancing the functionality and performance of decentralized applications.
Sort
Seed Round in 2023
Sort is a developer of a Web3 development platform that offers a user-friendly interface for exploring databases and managing queries, similar to a spreadsheet. The platform facilitates UI development on Ethereum and Polygon, enabling developers to integrate data from smart contracts into decentralized applications with minimal coding. Additionally, Sort serves as a data collaboration tool for small teams, allowing them to share and enhance their data effectively. Users can begin their projects by entering a contract address, granting them access to a comprehensive toolkit tailored for that specific contract.
Open Dollar
Seed Round in 2023
Borrow against Liquid Staking Tokens & Arbitrum native assets with our flexible and transparently over-collateralized stablecoin
Monad
Seed Round in 2023
MONAD is a proof-of-stake (PoS) blockchain and decentralized computation platform that combines the best of performance and portability.
t3rn
Private Equity Round in 2022
t3rn is a blockchain-based hosting platform founded in 2020 and based in Lisbon, Portugal. The company focuses on providing fast, secure, and cost-efficient solutions for cross-chain executions by utilizing its modular stack for storage, validation, settlement, and consensus. Its platform allows for interoperable execution and composable collaboration, featuring smart contracts stored in a public registry that can be accessed by any user. Developers who contribute to this open-source repository have the opportunity to receive compensation whenever their smart contracts are utilized, promoting an ecosystem that rewards innovation and collaboration within the blockchain community.
Fluidity Money
Seed Round in 2022
Fluidity Money is a blockchain incentive platform that rewards users with yields for using their cryptocurrency. It seeks to solve DeFi's utility problem by introducing a novel incentive mechanism that rewards users for on-chain transactions. Users can wrap stablecoins in Fluidity in exchange for the fluid counterpart of that stablecoin. This can be USDC, for example, which becomes fUSDC. This works with a variety of stablecoins, including DAI, USDT, and Frax. The yield distributed via transactions is derived from lending out the underlying assets on money markets. When USDC is wrapped, fUSDC is created, and the principal is lent out.
RedStone
Seed Round in 2022
RedStone is a next-generation cross-chain data oracle that specializes in providing pricing data for financial protocols. The company develops modular oracles that deliver data feeds compatible with both layer 1 and layer 2 blockchains, including rollups-as-a-service (RaaS) solutions. RedStone's offerings include liquid staking tokens and liquid restaking tokens, as well as an online decentralized finance platform designed to utilize blockchain's permanent storage capabilities. This platform supports cross-chain data services while ensuring an audit trail, which enhances transparency and reliability. Additionally, RedStone enables decentralized finance providers to implement automatic dispute mechanisms, bolstered by insurance through staking, thereby facilitating more secure and efficient transactions.
dWallet Labs
Pre Seed Round in 2022
dWallet Labs is a developer of a cybersecurity platform that specializes in blockchain technology. The company focuses on creating trustless access control solutions that enhance both offensive and defensive cybersecurity measures. Its platform provides a secure, programmable, and decentralized access layer for web3, utilizing dynamic wallets to sign transactions across various blockchain networks. By implementing universally adopted signing algorithms, dWallet Labs enables organizations to revolutionize the way digital assets are stored, utilized, and accessed, effectively bridging the gap between digital assets and the real world with a fully decentralized layer of dynamic and stateful access control.
SithSwap
Seed Round in 2022
SithSwap is a next-generation automated market maker (AMM) operating on StarkNet, designed to facilitate instant swaps between volatile and stable assets. It offers a user-friendly trading experience with ultralow slippage and near-zero fees, ensuring that transactions are both efficient and cost-effective. The platform features stable and volatile trading pairs similar to those found on Uniswap V2, with configurable trading fees and no administrative charges. Additionally, SithSwap incorporates built-in flash loans and maintains the security standards of Ethereum, providing a reliable environment for traders. Users can also earn incentives through voting power, allowing them to influence future protocol emissions.
Certora
Series B in 2022
Certora specializes in providing advanced technology designed to enhance security in software development, particularly for blockchain applications. The company offers a digital asset issuance platform that automatically detects security vulnerabilities both prior to deployment and during operation. Its technology checks smart contracts at compile-time, ensuring that all executions comply with established security rules. By generating mathematical proofs of correctness, Certora guarantees the absence of security vulnerabilities for defined software properties. This independent and language-agnostic approach allows clients to effectively manage security verification without the risk of false interruptions, thus improving the overall integrity of their digital assets.
Burrow
Seed Round in 2022
Burrow is a decentralized platform that operates a non-custodial liquidity pool, enabling users to supply and borrow assets for trading. The platform focuses on unlocking liquidity for interest-bearing assets, particularly layer 1 staking derivatives. By allowing users to supply assets, Burrow facilitates the earning of interest and enables borrowing against those assets to enhance liquidity. Additionally, the platform features a governance token staking program, which encourages user participation and investment in the ecosystem. Overall, Burrow aims to provide a streamlined approach to accessing liquidity in the decentralized finance space.
Mainstream Labs
Pre Seed Round in 2022
Mainstream Labs is developing a collaborative platform focused on decentralized governance participation. The platform facilitates token-gated discussions and proposal voting, allowing users to engage in governance efficiently. Contributions from participants are rewarded publicly, promoting active involvement in decision-making processes. By leveraging the expertise of its team, which has experience in operating decentralized autonomous organizations (DAOs) and other crypto-native communities, Mainstream Labs aims to transform governance interactions and position DAOs as a new social framework.
Moonwell
Seed Round in 2022
Moonwell is a decentralized finance (DeFi) protocol that operates on the Moonbeam and Moonriver networks, focusing on open lending and borrowing services. The platform provides users with a digital financing facility that emphasizes security and flexibility in funding options. By eliminating monthly payments and additional fees, Moonwell aims to create a user-friendly environment for individuals seeking to engage in decentralized financial activities.
Hubble Exchange
Seed Round in 2022
Hubble Exchange is a decentralized platform that facilitates the trading of perpetual futures contracts, allowing traders to use multiple tokens as collateral. Currently, it accepts AVAX, USDC, and Hubble Virtual USD (hUSD), with plans to include Bitcoin, Ethereum, and Avalanche-native assets in the future. The platform's multi-collateral, cross-margin design aims to enhance the trading experience within the Avalanche ecosystem, taking advantage of its low transaction fees and scalable infrastructure. Additionally, Hubble Exchange enables traders to tokenize their profitable perpetual futures positions, allowing them to utilize these positions as collateral for borrowing on other decentralized finance (DeFi) protocols.
Axelar
Series B in 2022
Axelar is a company focused on developing interoperability software that facilitates communication between various blockchain ecosystems and applications. Founded in 2020 by Sergey Gorbunov and Georgios Vlachos, Axelar Network offers a suite of protocols, tools, and APIs aimed at overcoming the challenges of cross-chain interactions. The company's solutions leverage Byzantine consensus, cryptography, and mechanism design to enable decentralized applications to operate across different blockchains seamlessly. By providing developers with the necessary resources, Axelar empowers them to select the most suitable platforms while enhancing cross-chain composability and liquidity.
Spin
Seed Round in 2022
Spin, founded in June 2021, is a developer of a multichain decentralized exchange (DEX) platform focused on derivatives trading, specifically futures and options. Operating on the NEAR Protocol and Solana blockchains, Spin aims to deliver a user experience comparable to centralized exchanges by utilizing a central limit order book execution model combined with a liquidity pool. The platform offers traders advanced risk management and strategy-building tools, enhancing the efficiency and accessibility of trading for a wide range of users.
Solana
Seed Round in 2022
Solana is a blockchain technology company, established in 2021, specializing in the development of a decentralized, scalable blockchain platform. The platform, validated by thousands of independent nodes, ensures robust security and resistance to censorship. It leverages proof of history and concurrent GPU parallelization to deliver high-speed, low-latency, and inexpensive transactions, enabling users to scale without sharding or specialized hardware.
Superdao
Seed Round in 2022
Superdao is a platform designed to support the management and growth of decentralized autonomous organizations (DAOs) in the Web3 space. It offers tools for wallet analytics that provide organizations with insights into their dapp users, NFT and token holders, DAO voters, and quest participants. The platform features a hybrid governance system that facilitates collaborative management of decentralized application ventures, enabling users to create and customize intelligent contracts with ease. Additionally, Superdao includes a built-in member directory, treasury dashboard, and contributor management tools, which enhance decision-making and governance for DAOs. Organizations can leverage filter and export tools to build targeted lists and gain competitive insights from a database of audiences from numerous top Web3 projects.
STEPN
Seed Round in 2022
STEPN is a blockchain-based fitness application that operates a move-to-earn NFT gaming platform, allowing users to earn rewards for their physical activities. By purchasing non-fungible tokens (NFTs) that have a limited lifespan, users can engage in specific exercises and accumulate the platform's native tokens as incentives for their efforts. The app combines elements of gaming and fitness, encouraging a healthier lifestyle while providing financial rewards for exercising. Through this innovative model, STEPN aims to motivate users to stay active and integrate fitness into their daily routines.
Arcade
Series A in 2021
Arcade provides an infrastructure layer for NFT liquidity that enables the financialization of non-fungible assets, non-fungible tokens, or NFTs.Arcade’s Wrapped NFT technology allows NFTs to be bundled to secure one loan. Arcade is also an open-source Defi primitive it allows developers to build on top of the platform.
Gear Technologies
Series A in 2021
Gear Technologies is a technology company focused on creating a Substrate-based smart contract platform that facilitates the development and deployment of decentralized applications (dApps). By contributing to the Gear Protocol, which is supported by the Gear Foundation, the company enhances Web3 capabilities while maintaining a user experience akin to Web2. Gear Technologies aims to streamline the process for developers, offering a low barrier to entry that minimizes both financial and time investments. This approach enables clients to build and deploy dApps on the blockchain quickly and efficiently, with improved speed, security, and automation in smart contract development.
Fragcolor
Seed Round in 2021
Fragcolor is focused on creating a decentralized game platform and collaborative gaming engines. By utilizing blockchain technology, the company enables content creators and artists to efficiently develop multi-platform applications. This innovative approach allows for the creation of non-fungible tokens (NFTs), enhancing the gaming experience and providing new opportunities for content distribution and monetization.
Superdao
Pre Seed Round in 2021
Superdao is a platform designed to support the management and growth of decentralized autonomous organizations (DAOs) in the Web3 space. It offers tools for wallet analytics that provide organizations with insights into their dapp users, NFT and token holders, DAO voters, and quest participants. The platform features a hybrid governance system that facilitates collaborative management of decentralized application ventures, enabling users to create and customize intelligent contracts with ease. Additionally, Superdao includes a built-in member directory, treasury dashboard, and contributor management tools, which enhance decision-making and governance for DAOs. Organizations can leverage filter and export tools to build targeted lists and gain competitive insights from a database of audiences from numerous top Web3 projects.
Aurora
Series A in 2021
Aurora is an Ethereum Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users. Aurora was founded in 2021 and is based in Kyiv, Ukraine.
Hats Finance
Seed Round in 2021
Hats Finance is a decentralized cybersecurity incentive network that aims to enhance security within the web3 environment. It operates a platform that allows projects to safeguard their smart contracts through a security vault and an ecosystem skin, thereby providing a more secure future for users of Ethereum. The network is governed by its stakeholders, which include hackers, project developers, and token holders, creating a collaborative approach to cybersecurity. This structure enables Hats Finance to address the evolving challenges of digital security in a decentralized manner.
Euler Labs
Series A in 2021
Euler is a non-custodial lending protocol built on Ethereum that allows users to lend and borrow a wide range of crypto assets without relying on a trusted third party. The platform offers a capital-efficient solution for earning interest on crypto holdings and provides mechanisms to hedge against market volatility. By utilizing reactive interest rates informed by control theory, Euler's system adapts in real-time to market conditions, enabling users to manage risk effectively. This innovative approach allows clients to engage with a diverse array of crypto assets while minimizing risk exposure.
Axelar
Series A in 2021
Axelar is a company focused on developing interoperability software that facilitates communication between various blockchain ecosystems and applications. Founded in 2020 by Sergey Gorbunov and Georgios Vlachos, Axelar Network offers a suite of protocols, tools, and APIs aimed at overcoming the challenges of cross-chain interactions. The company's solutions leverage Byzantine consensus, cryptography, and mechanism design to enable decentralized applications to operate across different blockchains seamlessly. By providing developers with the necessary resources, Axelar empowers them to select the most suitable platforms while enhancing cross-chain composability and liquidity.
Switchboard
Seed Round in 2021
Switchboard operates a multichain oracle network that facilitates the integration of various data types onto the Solana blockchain. Its platform enables developers to create high-performance data feeds from any API, streamlining the process of publishing data on-chain. Key features include the ability to locate data sources, define feeds, and connect these feeds to projects, allowing developers to build data feeds and request randomness quickly and efficiently. By simplifying the process of bringing data onto the blockchain, Switchboard aims to empower the Solana community and enhance the development of decentralized applications.
Pendle Finance
Seed Round in 2021
Pendle Finance is a decentralized finance protocol that allows users to tokenize and sell future yields.
Liquity
Series A in 2021
Liquity is a decentralized borrowing protocol built on the Ethereum blockchain that offers interest-free loans to users. By allowing borrowers to use Ethereum as collateral, Liquity issues loans in its own USD-pegged stablecoin. The protocol operates under a minimum collateralization ratio, ensuring that loans are adequately secured. This innovative approach enables users to access capital without incurring interest costs, making it an appealing option for those looking to leverage their Ethereum holdings.
Tally
Venture Round in 2021
Tally is a frontend for DAOs running on Ethereum and other EVM blockchains. Tally gives users real power in their decentralized organizations. On Tally, users can delegate voting power, create or pass proposals to spend DAO funds, manage a protocol, and upgrade smart contracts—all onchain.
DFX Finance
Seed Round in 2021
DFX Finance is a decentralized finance exchange protocol that specializes in trading non-U.S. dollar stablecoins. The platform facilitates structured trading through an Ethereum-based decentralized exchange, utilizing a bonding curve specifically optimized for fiat-backed stablecoins such as USDC, CADC, EURS, and XSGD. By leveraging real-world foreign exchange price feeds, DFX Finance enables users to engage with decentralized finance applications in a blockchain-driven market, promoting seamless and efficient transactions in a variety of stablecoins.
Async Art
Seed Round in 2021
Async Art operates an innovative online platform that connects artists and collectors, enabling them to buy, sell, and trade programmable art on the Ethereum blockchain. Founded in 2019 and based in Fort Bragg, California, Async Art allows users to create and engage with multi-layer artworks. Each artwork consists of a Master piece and various Layers, which can be independently owned and controlled by different individuals. This unique structure empowers users to actively participate in the evolution of the art, as they can modify their respective Layers within parameters set by the original artist. For example, one user may control the sky in a landscape painting while another owns a character, allowing for dynamic collaboration and interaction in the creative process. This platform represents a new frontier in the art world, merging technology and creativity in the 21st century.
Reflexer
Venture Round in 2021
Reflexer Labs, founded in 2020 and based in the USA, is a decentralized finance project focused on developing low-volatility collateral to enhance the stability of the DeFi ecosystem. The company specializes in creating a volatility-dampened synthetic instrument that leverages control theory within smart contracts. This innovative approach allows for the automatic adjustment of collateral supply, mirroring the price patterns of underlying assets while maintaining reduced volatility. By doing so, Reflexer aims to provide a stable and secure foundation for businesses operating in the decentralized finance space, helping them minimize the risks associated with investment losses.
Anoma
Funding Round in 2021
Anoma is a blockchain protocol established in 2021 in Zug, Switzerland, focused on facilitating private and asset-agnostic transactions. It offers an intent-centric and privacy-preserving solution for decentralized counterparty discovery, multi-chain atomic settlement, and secure bartering among multiple parties. By employing advanced cryptography and zero-knowledge proof schemes, Anoma empowers users to engage in cryptocurrency exchanges automatically at market rates, ensuring a user-controlled and secure trading environment. The protocol aims to enhance privacy in transactions, making it easier for users to conduct business without sacrificing security.
Euler Labs
Seed Round in 2020
Euler is a non-custodial lending protocol built on Ethereum that allows users to lend and borrow a wide range of crypto assets without relying on a trusted third party. The platform offers a capital-efficient solution for earning interest on crypto holdings and provides mechanisms to hedge against market volatility. By utilizing reactive interest rates informed by control theory, Euler's system adapts in real-time to market conditions, enabling users to manage risk effectively. This innovative approach allows clients to engage with a diverse array of crypto assets while minimizing risk exposure.
Axelar
Seed Round in 2020
Axelar is a company focused on developing interoperability software that facilitates communication between various blockchain ecosystems and applications. Founded in 2020 by Sergey Gorbunov and Georgios Vlachos, Axelar Network offers a suite of protocols, tools, and APIs aimed at overcoming the challenges of cross-chain interactions. The company's solutions leverage Byzantine consensus, cryptography, and mechanism design to enable decentralized applications to operate across different blockchains seamlessly. By providing developers with the necessary resources, Axelar empowers them to select the most suitable platforms while enhancing cross-chain composability and liquidity.
Bitnomial
Venture Round in 2020
Bitnomial, Inc. is a company based in Chicago, Illinois, founded in 2014 to develop and operate a bitcoin derivatives exchange. The platform facilitates the trading of margined bitcoin futures and options, including bitcoin US dollar futures and options, by connecting native digital asset hedgers with institutional traders. Bitnomial's infrastructure is designed to enhance derivatives exchange technology and digital asset settlement systems, ensuring compliance with regulations overseen by the CFTC. This enables traders and brokers to engage in bitcoin derivatives trading within a globally trusted jurisdiction, providing a reliable marketplace for both institutional and retail participants.
Liquity
Seed Round in 2020
Liquity is a decentralized borrowing protocol built on the Ethereum blockchain that offers interest-free loans to users. By allowing borrowers to use Ethereum as collateral, Liquity issues loans in its own USD-pegged stablecoin. The protocol operates under a minimum collateralization ratio, ensuring that loans are adequately secured. This innovative approach enables users to access capital without incurring interest costs, making it an appealing option for those looking to leverage their Ethereum holdings.
Futureswap
Seed Round in 2020
Futureswap is a decentralized futures exchange platform that leverages blockchain technology to facilitate non-custodial trading. Based in San Francisco, California, the company specializes in automated market making (AMM) algorithms, enabling users to buy and sell cryptocurrency futures contracts efficiently. By providing a decentralized environment, Futureswap aims to enhance trading flexibility and security for its users.
BTSE
Funding Round in 2020
BTSE, which stands for "Buy, Trade, Sell, Earn," is a digital asset exchange that offers a secure and user-friendly platform for trading cryptocurrencies. It caters to a diverse clientele, including institutions, retail users, and first-time traders, and has established itself as a trusted player in the industry. BTSE provides a comprehensive suite of financial services that bridge traditional finance with digital assets, including multi-currency spot and derivatives trading, an NFT marketplace, OTC trading, asset management, and payment gateways. The platform also features advanced trading options, such as customizable leverage and perpetual contracts for futures trading. With a strong emphasis on security, BTSE employs strict protocols, maintains an insurance fund, and utilizes cold storage for over 90% of its assets. Additionally, it has no withdrawal limits on more than 12 fiat currencies and 150 cryptocurrencies. Through its white-label exchange solutions, BTSE licenses its proprietary technology to exchanges worldwide, further extending its influence in the digital asset sector.
The Graph
Series A in 2019
The Graph is an indexing protocol that facilitates querying data from decentralized networks such as Ethereum and IPFS, serving as a vital component of the Web3 ecosystem. It allows developers to create and publish open APIs, known as subgraphs, which applications can access using GraphQL to retrieve blockchain data. Currently, The Graph provides a hosted service to simplify the development process, with plans to launch a decentralized network. It supports data indexing from Ethereum, IPFS, and POA, with additional networks anticipated in the future. As of now, thousands of developers have deployed over 3,000 subgraphs for decentralized applications, including prominent projects like Uniswap, Synthetix, and Decentraland. The platform has experienced significant growth in usage, highlighting its role in powering the decentralized web.
Agoric
Seed Round in 2019
Agoric is a developer of a framework designed to enhance the programming of smart contracts for the blockchain ecosystem. The platform facilitates the creation and deployment of smart contracts using JavaScript, making it accessible to millions of programmers. By emphasizing composability, Agoric enables rapid development and offers a competitive advantage in creating decentralized applications. Its framework allows for secure execution of transactions, the establishment of new markets, and the creation of innovative exchange patterns without centralized control. The Agoric team comprises experienced technologists, economists, and business leaders who have collaborated on smart contracts technology for over three decades. They aim to revolutionize how smart contracts are developed and utilized, fostering unprecedented global cooperation and enabling entrepreneurs to explore new business opportunities with digital assets. Agoric has partnered with notable projects within the blockchain space and received support from various investors, further solidifying its mission to advance smart contract technology.
Dharma Labs
Series A in 2019
Dharma Labs Inc. is a San Francisco-based company that develops a suite of smart contracts and tools designed for issuing and crowdfunding debt on blockchain technology. Founded in 2017, the company provides a protocol that facilitates decentralized issuance, origination, risk assessment, and underwriting of peer-to-peer loans. This innovative framework enables open and permissionless innovation within the lending industry, allowing entrepreneurs to create diverse lending platforms, including consumer lending, margin lending, and crowdfunding municipal bonds. By leveraging blockchain's capabilities, Dharma Labs aims to streamline the lending process and enhance accessibility for various financial services.
Chainspace
Pre Seed Round in 2018
Chainspace is a developer of a blockchain-based platform designed to facilitate the creation of high-performance blockchain applications. The platform employs popular programming languages and technologies, making it accessible for developers. It features a shared smart contract protocol that addresses scalability and privacy challenges associated with Ethereum. By utilizing a proof of stake protocol that incorporates sharding and zero-knowledge proofs, Chainspace enables clients to meet the demands of processing power for complex, real-world applications. This innovative approach positions Chainspace as a solution for those looking to build advanced blockchain applications on commodity cloud platforms.
Algorand Technologies
Venture Round in 2018
Algorand Technologies, established in 2017 and headquartered in Boston, Massachusetts, specializes in blockchain technology. It operates a decentralized digital currency and transactions platform, offering features such as Algorand Standard Asset, Atomic Transfers, and Algorand Smart Contracts at the Layer-1 level. The company is renowned for its innovative approach to blockchain scalability, enabling rapid and efficient user consensus, even for small transactions, regardless of transaction volume or user base. This results in low-cost, near-instant blockchain transactions. Additionally, Algorand Technologies develops and maintains decentralized finance (DeFi) applications and digital identity solutions.
Spacemesh
Venture Round in 2018
Spacemesh is a blockchain protocol based in North Pole, Alaska, that focuses on creating a fair, decentralized, and secure platform for smart contracts. It employs a unique Proofs of Space-Time (PoST) consensus mechanism and utilizes a Directed Acyclic Graph (DAG) topology instead of traditional chain structures. This innovative approach allows for a leaderless, non-competitive voting system known as Collaborative Mining, which promotes permissionless decentralization. The platform is designed to be open-source and programmable, enabling users to run general-purpose smart contracts efficiently while conserving resources by leveraging unused storage space on hard drives for computation. With its emphasis on security, fairness, and environmental sustainability, Spacemesh aims to provide a robust cryptocurrency solution that can self-heal and adapt to the needs of its users.
nCent
Seed Round in 2018
nCent Labs is an information technology company that specializes in developing a decentralized protocol aimed at creating incentive networks. This innovative protocol is designed to reward individuals for collaboratively solving complex problems, thereby fostering the formation of efficient markets focused on delivering robust software solutions. By leveraging a unique base layer protocol, nCent enables the efficient creation and management of incentive programs at scale, while ensuring transparency and integrity through auditability features. The protocol also incorporates network tokens to track the provenance chain, facilitating an effective exchange mechanism for accurate payouts to participants.
Beam
Pre Seed Round in 2018
Beam is a cryptocurrency company founded in 2017 and based in Tel-Aviv, Israel, specializing in the development of a confidential cryptocurrency wallet utilizing the MimbleWimble protocol. This wallet is designed for mobile and desktop use, catering to individual and small business users. Beam emphasizes user privacy, allowing individuals to control the information shared during transactions while ensuring confidentiality without compromising performance or scalability. The blockchain architecture supports various transaction types, such as escrow and atomic swaps, while maintaining a compact size through features like "cut-through," which significantly reduces data storage requirements. Additionally, Beam operates on a Proof-of-Work algorithm and follows a limited emission model, with a total of approximately 250 million coins. The platform is built from the ground up in C++ by a team of experienced developers, ensuring robust functionality without the need for a trusted setup or pre-mining.
The Graph
The Graph is an indexing protocol that facilitates querying data from decentralized networks such as Ethereum and IPFS, serving as a vital component of the Web3 ecosystem. It allows developers to create and publish open APIs, known as subgraphs, which applications can access using GraphQL to retrieve blockchain data. Currently, The Graph provides a hosted service to simplify the development process, with plans to launch a decentralized network. It supports data indexing from Ethereum, IPFS, and POA, with additional networks anticipated in the future. As of now, thousands of developers have deployed over 3,000 subgraphs for decentralized applications, including prominent projects like Uniswap, Synthetix, and Decentraland. The platform has experienced significant growth in usage, highlighting its role in powering the decentralized web.
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