Pencils Protocol
Seed Round in 2024
Pencils Protocol is a decentralized finance platform that facilitates peer-to-peer lending and borrowing of digital assets. The company aims to enhance the user experience for Scroll users by offering an all-inclusive auction platform and yield aggregator. Through its innovative approach, Pencils Protocol enables clients to engage in decentralized financial activities, fostering growth in the decentralized finance sector. The platform emphasizes a user-friendly experience while supporting various transactions within the decentralized finance space.
BitSmiley
Venture Round in 2024
BitSmiley is a cryptocurrency platform focused on providing comprehensive Bitcoin DeFi solutions, specifically addressing gaps in stablecoin and lending infrastructure within the Bitcoin ecosystem. The company's primary offering is an over-collateralized stablecoin, which allows users to leverage Bitcoin as collateral through the BitSmileyDAO and mint BitUSD. In addition to stablecoin services, BitSmiley specializes in peer-to-peer lending and has developed insurance and credit default swap derivatives based on its lending framework. This enables users to access a variety of financial services, including stablecoin transactions, lending options, and related derivatives, contributing to a more versatile and robust financial ecosystem.
BitSmiley
Initial Coin Offering in 2024
BitSmiley is a cryptocurrency platform focused on providing comprehensive Bitcoin DeFi solutions, specifically addressing gaps in stablecoin and lending infrastructure within the Bitcoin ecosystem. The company's primary offering is an over-collateralized stablecoin, which allows users to leverage Bitcoin as collateral through the BitSmileyDAO and mint BitUSD. In addition to stablecoin services, BitSmiley specializes in peer-to-peer lending and has developed insurance and credit default swap derivatives based on its lending framework. This enables users to access a variety of financial services, including stablecoin transactions, lending options, and related derivatives, contributing to a more versatile and robust financial ecosystem.
MYX is a decentralized derivative exchange that "uses intelligent rates and exposure hedging mechanisms to ensure protocol stability and provide sustainable high returns" through a peer-to-pool-to-peer paradigm.
LayerZero
Series B in 2023
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.
Genesis Shards
Seed Round in 2022
Genesis Shards is a company dedicated to transforming the non-fungible token (NFT) landscape. It operates a decentralized ecosystem designed for pre-initial decentralized exchange offering tokens, facilitating a model where network participants can access and trade these tokens efficiently and securely. By focusing on early liquidity for projects, Genesis Shards enables traders to cultivate community support and engage in price discovery during the early stages of token development. The company's innovative approach aims to create a more accessible and dynamic environment for both projects and investors in the evolving digital asset market.
Fog Works
Pre Seed Round in 2022
Fog Works develops a storage ecosystem designed to utilize next-generation protocols and marketplace for decentralized storage. Its system aims to reduce latency in file retrieval, enabling users to own, curate, control their data, and leverage blockchain technology.
Folks Finance
Seed Round in 2022
Folks Finance is a cross-chain DeFi protocol that addresses liquidity fragmentation by creating natively cross-chain lending markets. Users can deposit on any chain and borrow on any chain without bridging or wrapping assets. Additionally, Folks Finance offers comprehensive services including lending, trading, and liquid staking as the largest app on Algorand.
Amasa is a company that specializes in a micro income streaming platform aimed at enhancing individuals' financial positions. The platform allows users to aggregate, track, and invest earnings generated from various digital interactions, such as engaging with cryptocurrencies and decentralized finance. By facilitating peer-to-peer networks, Amasa enables participants to combine, stabilize, and amplify their micro income streams, making it easier for them to manage and grow their financial resources within digital environments.
LayerZero
Series A in 2021
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.
Equilibrium
Seed Round in 2021
Equilibrium operates as a software service that focuses on decentralized finance by providing a platform for interoperability with various blockchains. Its system features a consensus-based governance model and encompasses a cross-chain money market, which integrates pooled lending with synthetic asset generation and trading. This functionality aims to eliminate market segmentation, allowing users to access and utilize multiple decentralized finance services through a single interface. The platform utilizes various tokens, including the EQ token, EOSDT, and the Native Utility Token, which are not classified as securities or regulated instruments.
Porta Network
Pre Seed Round in 2021
Porta Network is a blockchain project designed to make Web 3.0 products accessible to a broad audience. The name "Porta," meaning "gateway" in Latin, reflects its mission to provide a seamless experience for users, whether they are newcomers or experienced in blockchain technology. Built on the Substrate framework, Porta Network offers a range of products, including decentralized finance, non-fungible tokens, and peer-to-peer lending. Additionally, it explores less common applications such as social platforms, business organization tools, and decentralized creator economies. By simplifying access to these diverse blockchain solutions, Porta Network aims to enhance user engagement and broaden participation in the blockchain ecosystem.
DeversiFi gives traders the edge in fast-moving decentralized finance (Defi) markets by allowing them to trade at lightning speed and with deep aggregated liquidity, directly from their privately owned cryptocurrency wallet.
Traders can take advantage of more trading opportunities while always preserving control of their assets when they need to move fast. DeversiFi’s order-books are off-chain, but settlement occurs on the Ethereum blockchain. This means that traders benefit from fast-moving order books and instant execution, without having to trust the exchange and whilst always maintaining control of their assets at all times.