Multicoin Capital

DoubleZero is developing a global fiber network intended for high-performance distributed systems and blockchains. It seeks to enhance blockchain performance by establishing a dedicated physical infrastructure layer for communication.

Gradient Network is a company that specializes in decentralized computing services for blockchain networks. It offers a system that enables liquid staking and computing power sharing, ensuring cross-chain compatibility and efficient resource allocation. This allows developers and businesses to enhance their blockchain applications, reduce costs, and improve overall network performance across different platforms.

Quantinium develops pioneering blockchain infrastructure, setting industry benchmarks in speed, security, and reliability. It incorporates decentralization, scalability, sustainability, and cybersecurity, facilitating Quantum Wi-Fi, a decentralized global Software-defined Wireless Network (SDWN). This technology transforms isolated Wi-Fi networks into interconnected ecosystems, enabling users to share surplus internet capacity.

FastLane builds MEV-aware infrastructure and smart contracts to make DeFi useable and keep it decentralized.

Coral is involved in Solana as the architect of the network's Anchor development framework.

Farcaster is a decentralized social network designed to facilitate connections among users with shared interests, such as coders, fitness enthusiasts, and meme creators. The company is focused on enhancing user engagement by increasing daily active users and implementing developer-friendly features, including channels and direct messaging capabilities. By establishing an open protocol, Farcaster enables users to move their identities across various applications, akin to how email operates. Users can claim unique usernames and store their social data off-chain, ensuring ownership and control over their social graphs. This framework empowers developers to create innovative applications that leverage the network's capabilities.

Helium Systems Inc. develops Internet-of-Things (IoT) technology, focusing on sensor devices that monitor environmental factors such as temperature, humidity, barometric pressure, motion, and light. These sensors are utilized in various applications, including facility monitoring and quality control for medical products, energy management, air quality assessment, and refrigeration temperature regulation. The company offers a web and mobile dashboard for users to manage and access sensor data. Additionally, Helium operates a decentralized wireless network that enables low-power IoT devices to connect to the internet. This network incentivizes individuals to become network operators, rewarding them with a cryptocurrency for validating network transactions and contributing to the network's integrity. Incorporated in 2013 and based in San Francisco, Helium Systems continues to innovate within the IoT landscape, enhancing the ability to gather insights from smart devices.

RNDR is OTOY’s token based rendering network. It enables distributed GPU rendering on the blockchain, using OctaneRender which is the world’s first and fastest GPU-accelerated, unbiased, physically correct renderer. Octane uses the graphics card in networked computers to render photo-realistic images super fast. With Octane’s parallel compute capabilities, users can render works in a fraction of the time, and at a better cost than centralized services. RNDR is currently the fund’s only pure utility token investment — in a use case where the token is actually delivering utility in a network, using proven technology to deliver a service with a real and strong market.

LayerZero develops a blockchain interoperability platform that enables data exchange between disparate blockchains. Its platform achieves speed and security by validating as an on-chain light node, allowing companies to build cross-chain applications using a low-level communication primitive.

Eden Network is a blockchain infrastructure company that focuses on enhancing transaction safety for traders and providing transaction priority for NFT minters. It develops a suite of Ethereum smart contracts that adhere to the principles of progressive decentralization, allowing token holders to participate in governance through private communication channels and decision-making processes. The company also offers essential liquid staking and validation infrastructure aimed at optimizing yield generation, increasing total value locked (TVL), and fostering overall network growth. By prioritizing both security and user governance, Eden Network seeks to create a more efficient and decentralized trading environment.

Helium Systems Inc. develops Internet-of-Things (IoT) technology, focusing on sensor devices that monitor environmental factors such as temperature, humidity, barometric pressure, motion, and light. These sensors are utilized in various applications, including facility monitoring and quality control for medical products, energy management, air quality assessment, and refrigeration temperature regulation. The company offers a web and mobile dashboard for users to manage and access sensor data. Additionally, Helium operates a decentralized wireless network that enables low-power IoT devices to connect to the internet. This network incentivizes individuals to become network operators, rewarding them with a cryptocurrency for validating network transactions and contributing to the network's integrity. Incorporated in 2013 and based in San Francisco, Helium Systems continues to innovate within the IoT landscape, enhancing the ability to gather insights from smart devices.

Oxio is a connectivity platform based in Quebec, Canada, that was founded in 2017 by Marc-André Campagna and Francis Careau. The company operates as an internet service provider, offering customized internet packages designed to meet the diverse needs of its users. Oxio provides services with no contracts, including free installation, stable internet speeds, and the provision of necessary equipment such as modems and routers. By focusing on affordability and flexibility, Oxio aims to change the way individuals connect with their internet service provider, enhancing the overall customer experience in the telecommunications sector.

Helium Systems Inc. develops Internet-of-Things (IoT) technology, focusing on sensor devices that monitor environmental factors such as temperature, humidity, barometric pressure, motion, and light. These sensors are utilized in various applications, including facility monitoring and quality control for medical products, energy management, air quality assessment, and refrigeration temperature regulation. The company offers a web and mobile dashboard for users to manage and access sensor data. Additionally, Helium operates a decentralized wireless network that enables low-power IoT devices to connect to the internet. This network incentivizes individuals to become network operators, rewarding them with a cryptocurrency for validating network transactions and contributing to the network's integrity. Incorporated in 2013 and based in San Francisco, Helium Systems continues to innovate within the IoT landscape, enhancing the ability to gather insights from smart devices.

The Graph is an indexing and query protocol for decentralized networks that enables developers to publish open APIs, called subgraphs, which applications can query with GraphQL to retrieve blockchain data. A hosted service is in production to help developers start quickly, while a decentralized network is launching. It currently indices data from Ethereum, IPFS and POA, with more networks planned. Thousands of developers have deployed subgraphs for DApps such as Uniswap, Synthetix, Aragon, Aave, Gnosis, Balancer, Livepeer, DAOstack and Decentraland. The Graph supports a global community of participants, including indexers and curators, to maintain and curate the data network.

RightMesh is a developer of a software-based mobile mesh networking platform that facilitates last-mile connectivity by enabling direct peer-to-peer connections between various devices. Its innovative mesh networking protocol allows users to connect to critical services, information, and each other without relying on traditional internet infrastructure. The company's patent-pending technology creates mobile mesh networks by establishing and managing device-to-device connections, particularly among Android phones and IoT devices. Additionally, RightMesh incorporates a cryptocurrency protocol that incentivizes individuals to share their mobile device resources, such as bandwidth and storage, thereby increasing global connectivity and enhancing access for those who lack reliable internet access. Developers can leverage RightMesh's platform and SDK to integrate its technology into their applications, promoting international communication and commerce.

The Graph is an indexing and query protocol for decentralized networks that enables developers to publish open APIs, called subgraphs, which applications can query with GraphQL to retrieve blockchain data. A hosted service is in production to help developers start quickly, while a decentralized network is launching. It currently indices data from Ethereum, IPFS and POA, with more networks planned. Thousands of developers have deployed subgraphs for DApps such as Uniswap, Synthetix, Aragon, Aave, Gnosis, Balancer, Livepeer, DAOstack and Decentraland. The Graph supports a global community of participants, including indexers and curators, to maintain and curate the data network.