Polymorphic Capital

MANSA builds the infrastructure that powers the next evolution of global payments.

Nevermined is a developer of a decentralized data sharing platform designed to facilitate the publishing, discovery, buying, selling, and secure access to data. The platform serves as an ecosystem development tool, offering components that integrate easily with Web3 technology. Nevermined also features an NFT marketplace, decentralized access control, and governance tools, allowing clients to manage tokenized asset access effectively. As the demand for AI-commerce grows, Nevermined positions itself as a critical player in this evolving landscape, likened to a PayPal for AI, aiming to standardize payments and unlock the potential of decentralized artificial intelligence.

Rise is an innovative payroll and compliance provider. It is a Web3-enabled platform that helps businesses onboard, manage, and pay local and international contractors while ensuring full compliance and alleviating burdensome tax processes. Rise provides an all-in-one compliance and payment platform for companies with global workforces, streamlining onboarding, payments, and compliance tasks. It allows businesses to hire, onboard, and pay international contractors compliantly.

mbd is a technology company that develops Web3 social platforms. It specializes in researching and developing machine learning recommendation systems and on-chain data pre-training. The company's goal is to provide dynamic, relevant content and activities to each user. mbd offers a personalization platform for Web3 builders through its application programming interfaces (APIs). These APIs integrate into various channels such as feed, email marketing, push notifications, and on-chain messaging, enabling clients to leverage predictive on-chain and off-chain AI models.

Naptha AI operates a decentralized compute marketplace, facilitating the creation and deployment of large-scale, cooperating intelligent agent systems. Their platform integrates with existing agent frameworks, offering native infrastructure and economic systems for agent networks. This enables developers to build solutions for complex tasks across software development, scientific research, predictive analytics, and healthcare, providing customers with cost-effective and scalable computing power independent of centralized cloud providers.

Liquorice is a technology company specialising in decentralised finance (DeFi). It develops a protocol that combines one-sided loan pools with a MEV-free trading engine, aiming to facilitate liquidity in intent-based trading systems. This enables clients to significantly reduce trading costs and provide centralised exchange (CEX) level liquidity on decentralised platforms.

Airstack is a developer of an artificial intelligence-powered platform that facilitates access to on-chain data across multiple projects and blockchains. The company organizes decentralized application transactions into virtual stacks of data, which enables developers to easily query and incorporate both web3 on-chain data and related off-chain data into their applications. This streamlined access to information helps enhance the development process in the evolving landscape of decentralized technologies.

Azuro is a global decentralized betting protocol that leverages smart contracts to enhance transparency in the betting process. By providing a classic betting experience with diverse markets and liquidity, Azuro aims to democratize the betting landscape through innovations such as collectible bets and gamification using NFTs. The protocol facilitates liquidity provision and allocation while enabling front-end management and data provision through oracles. Additionally, it incorporates decentralized governance, allowing the community to manage operations effectively. Azuro is committed to offering an engaging and responsible betting environment with reduced service costs and full transparency.

Fair Math is a research firm focused on privacy preservation. It operates a decentralized computing platform that enables secure computations on encrypted data, using advanced cryptographic techniques. The platform fosters collaboration among researchers and developers through an open-source ecosystem, offering tools like a command-line interface, challenges platform, and components repository. This facilitates the market's ability to tackle adoption and scalability challenges in privacy-preserving technology.

Due is a blockchain payment service provider that is developing a platform to connect domestic payment channels utilizing open and interoperable blockchain protocols.

Due is a financial firm focused on transforming international payments through the use of stablecoins and blockchain technology. It has developed a crypto payment platform that facilitates instant payments and transactions, offering features such as instant settlements and low fees. This platform aims to enhance the efficiency of financial transactions, providing merchants with cost-effective and swift payment options that can be accessed from any digital wallet.

Jiritsu is a decentralized protocol enabling verifiable compute.

Octav is a free and customizable data analytics platform focused on decentralized finance (DeFi) investment activities. It offers a portfolio tracking solution that helps users gain insights into their financial situations by providing information on the cost basis, profit, and loss of their assets and non-fungible tokens (NFTs) across major blockchain networks. The platform allows users to edit inaccurate transactions and manage their portfolios using in-house tools, facilitating actions such as buying, selling, claiming, or compounding assets directly within the platform. By delivering these capabilities, Octav empowers investors to better understand their investments and make informed decisions.

Interface Labs develops a mobile-first block explorer for Ethereum that emphasizes user engagement and experience in the web3 space. The platform is designed to improve how users explore and navigate the blockchain, offering an intuitive mobile application that consolidates various functionalities. It empowers creators by providing tools to distribute their on-chain work and connect with a wider audience. Users can discover new opportunities, access relevant content, and engage with friends and fellow community members, all within a user-friendly environment. Interface Labs aims to enhance interaction within the dynamic Ethereum ecosystem.

Intuition is a decentralized identity company based in San Juan, United States. It focuses on providing infrastructure and developer tools that facilitate the creation of an open and flexible knowledge graph. This knowledge graph enhances the quality and availability of social knowledge by allowing customers to build, explore, curate, and own communal knowledge. Through its innovative applications, Intuition aims to empower users with the ability to obtain attestations on various subjects, contributing to a more interconnected and accessible informational landscape.

Rise is an innovative payroll and compliance provider. It is a Web3-enabled platform that helps businesses onboard, manage, and pay local and international contractors while ensuring full compliance and alleviating burdensome tax processes. Rise provides an all-in-one compliance and payment platform for companies with global workforces, streamlining onboarding, payments, and compliance tasks. It allows businesses to hire, onboard, and pay international contractors compliantly.

Intropia is a community-powered referral recruitment platform that focuses on the Web3 space. It connects companies and talent, powered by a network of introducers. The platform allows users to find Web3 jobs and other opportunities, capitalize their network, and hire the best talent. Users can create an on-chain profile, upsell their skills, and grow their network. Intropia also offers a job search feature for jobs, grants, companies, and events. It aims to be a professional network for the Web3 generation, connecting innovators, builders, and connectors shaping the future of civilization.

Stardust is a software platform that assists game developers in creating and managing games within the metaverse, leveraging blockchain technology and integrating non-fungible tokens (NFTs). Founded in 2018 and headquartered in Palo Alto, California, Stardust offers a user-friendly graphical interface and robust APIs that allow developers to build Web3 games without the need for extensive blockchain knowledge. The platform supports integration with multiple blockchains, enabling developers to streamline their processes and enhance player engagement. Through its tools, Stardust aims to simplify the development of blockchain-based games, making it easier for developers to bring innovative gaming experiences to players.

Zerion Inc. is a blockchain software company based in San Francisco, California, founded in 2015. It specializes in decentralized finance (DeFi), providing a platform that allows users to invest, earn interest, and borrow cryptocurrency assets. Zerion's primary offering is an investment app that aggregates data from major decentralized exchanges, enabling users to manage their digital assets from a single interface. The platform features real-time asset tracking with live price updates and instant notifications. Additionally, Zerion emphasizes a non-custodial approach, meaning users retain control of their funds and do not have to delegate them to the platform, thereby mitigating centralization risks. The company also offers CryptoTrader, an application designed to track the cryptocurrency market through charts, news, and alerts, further enhancing user engagement in the evolving financial landscape.

Ownera is a digital assets software company that operates a digital securities network designed for institutional use. Founded in 2018 and based in Vaduz, Liechtenstein, the company provides an API that allows customers to connect directly to its network. Ownera offers an issuance platform that simplifies the process of issuing digital securities for financial institutions. By creating an interoperability network for tokenized assets, Ownera aims to modernize the private markets, making them less reliant on paper processes and more accessible for banks, asset managers, and exchanges. This platform facilitates the efficient routing of assets, enabling institutional clients to discover, invest in, and trade assets with immediate transaction settlement and ownership transfer. Additionally, Ownera has contributed to the development of the open-source FinP2P protocol, which underpins its digital asset solutions.

Jiritsu is a decentralized protocol enabling verifiable compute.

Gearbox Protocol is a decentralized leveraged protocol provider that enables users to obtain leverage in a straightforward manner. The protocol operates as a two-sided lending marketplace, facilitating leverage that can be utilized across various decentralized finance (DeFi) platforms in a composable way. Gearbox Protocol offers a software platform that delivers leverage-as-a-service, allowing clients to automate and program their DeFi positions. This approach enhances capital efficiency and improves the overall composability of users' financial activities within the decentralized ecosystem.

Safe is a leading provider of digital asset storage solutions, specializing in Ethereum-based multi-signature smart contract wallets. As a spin-out from Gnosis, a decentralized infrastructure provider, Safe offers a secure and programmable account abstraction platform, serving as the account abstraction leader on Ethereum and the EVM. Its flagship product, Gnosis Safe, enables secure and transparent management of digital assets, fostering collaboration and tracking within the decentralized ecosystem.

Safe is a leading provider of digital asset storage solutions, specializing in Ethereum-based multi-signature smart contract wallets. As a spin-out from Gnosis, a decentralized infrastructure provider, Safe offers a secure and programmable account abstraction platform, serving as the account abstraction leader on Ethereum and the EVM. Its flagship product, Gnosis Safe, enables secure and transparent management of digital assets, fostering collaboration and tracking within the decentralized ecosystem.

Nevermined is a developer of a decentralized data sharing platform designed to facilitate the publishing, discovery, buying, selling, and secure access to data. The platform serves as an ecosystem development tool, offering components that integrate easily with Web3 technology. Nevermined also features an NFT marketplace, decentralized access control, and governance tools, allowing clients to manage tokenized asset access effectively. As the demand for AI-commerce grows, Nevermined positions itself as a critical player in this evolving landscape, likened to a PayPal for AI, aiming to standardize payments and unlock the potential of decentralized artificial intelligence.

Swap.net is a developer of an NFT aggregator and exchange platform that provides aggregated liquidity across various marketplaces. The platform enables users to search for notable collections and tokens across different blockchain markets, facilitating cross-market arbitrage and the execution of limit orders for collections treated as liquid assets. By allowing users to identify the most competitive offers for any token, Swap.net enhances the accessibility and efficiency of NFT transactions, catering to the evolving needs of the digital asset community.

Fluence Labs operates as an open-source, blockchain-based decentralized database platform that enables the aggregation, storage, and processing of data from various decentralized sources. The company's technology creates a permissionless infrastructure that establishes a trustless query layer over blockchains, allowing for easy discovery, searchability, and consumption of blockchain data. By connecting computing devices within its network, Fluence Labs provides managed database services and generalized backends, facilitating real-time data storage and processing for developers. The platform utilizes a cryptographic token for digital payments, enhancing the functionality and accessibility of decentralized applications.

ZELF is a neobank fintech company that aims to make financial services accessible to younger generations globally. Operating in both the EU and the US, ZELF allows users to access banking services through popular social messaging platforms, including WhatsApp, Facebook Messenger, Discord, Telegram, and Viber. The company focuses on providing a seamless money-transfer platform that supports artificial intelligence-powered voice control, enabling users to send and receive money, create invoices, and manage reminders for unpaid transactions easily. In June 2022, ZELF launched its "Bank of the Metaverse" campaign, integrating traditional fiat currency with game loot and NFTs, further enhancing its innovative banking offerings.

Folks Finance is a cross-chain decentralized finance (DeFi) protocol that addresses liquidity fragmentation by enabling users to deposit and borrow across different blockchain networks without the need for bridging or wrapping assets. It operates as a non-custodial platform, providing financial tools for digital assets, including strategies for earning yield and securing loans. Folks Finance has established itself as the largest application on the Algorand blockchain, offering a comprehensive hub for lending, trading, and liquid staking. The protocol has achieved significant growth, reaching an all-time high of $400 million in total value locked (TVL) in November 2024, making it one of the fastest-growing DeFi applications in the market. Users can earn yield on their deposits, utilize them as collateral for loans, and engage in governance activities within the Algorand ecosystem.

Azuro is a global decentralized betting protocol that leverages smart contracts to enhance transparency in the betting process. By providing a classic betting experience with diverse markets and liquidity, Azuro aims to democratize the betting landscape through innovations such as collectible bets and gamification using NFTs. The protocol facilitates liquidity provision and allocation while enabling front-end management and data provision through oracles. Additionally, it incorporates decentralized governance, allowing the community to manage operations effectively. Azuro is committed to offering an engaging and responsible betting environment with reduced service costs and full transparency.

SendFX is the operator of a cross-border payment platform designed to eliminate payment or banking restrictions. Customers can send and receive money using international wallets according to their company's infrastructure, which enables them to convert local dollars into a variety of foreign currencies. SendFX's currency transfer solution is a perfect fit for its brand. With the company's simple plug-and-play integrations, anyone can launch a future-proof FX product.

Sygnum Bank AG, established in 2018 and headquartered in Zurich, Switzerland, specializes in digital asset banking. It offers a range of services, including secure custody, brokerage, lending, asset management, and tokenization solutions, catering primarily to institutional investors, banks, corporations, and DLT foundations. Sygnum's integrated platform enables the issuance, trading, and management of digital assets, with a focus on providing top-tier security and personalized expert service.

Concept Art House powers Web3 projects for the biggest brands and IP in the World.

Tinyman is a decentralized trading protocol built on the Algorand blockchain, designed to facilitate a secure and open marketplace for traders, liquidity providers, and developers. It operates as a market maker, leveraging blockchain technology to provide a platform for users to trade and swap various assets, including tokens and currencies, at competitive market rates. By focusing on safety and efficiency, Tinyman aims to enhance the trading experience within the decentralized finance ecosystem.

Stardust is a software platform that assists game developers in creating and managing games within the metaverse, leveraging blockchain technology and integrating non-fungible tokens (NFTs). Founded in 2018 and headquartered in Palo Alto, California, Stardust offers a user-friendly graphical interface and robust APIs that allow developers to build Web3 games without the need for extensive blockchain knowledge. The platform supports integration with multiple blockchains, enabling developers to streamline their processes and enhance player engagement. Through its tools, Stardust aims to simplify the development of blockchain-based games, making it easier for developers to bring innovative gaming experiences to players.

Azuro is a global decentralized betting protocol that leverages smart contracts to enhance transparency in the betting process. By providing a classic betting experience with diverse markets and liquidity, Azuro aims to democratize the betting landscape through innovations such as collectible bets and gamification using NFTs. The protocol facilitates liquidity provision and allocation while enabling front-end management and data provision through oracles. Additionally, it incorporates decentralized governance, allowing the community to manage operations effectively. Azuro is committed to offering an engaging and responsible betting environment with reduced service costs and full transparency.