SkyBridge 20 Ventures

Folks Finance is a crosschain decentralized finance (DeFi) protocol that addresses liquidity fragmentation by enabling users to deposit and borrow across various blockchain networks without the need for bridging or wrapping assets. The platform offers a comprehensive suite of financial tools, including lending, trading, and liquid staking, making it a fully-fledged hub for digital asset management. As the largest application on Algorand, Folks Finance has achieved significant growth, reaching an all-time high of $400 million in total value locked. The protocol is designed to be non-custodial, allowing users to earn yield on their deposits, use those deposits as collateral for loans, and engage in governance activities within the Algorand ecosystem, all while ensuring scalability, low transaction costs, and security.

Shaga is a company comprised of experienced professionals in blockchain, gaming, distributed systems, and networking. It focuses on developing a Web3 cloud gaming platform that facilitates the integration of play-to-earn mechanics, enhancing player engagement through social media. Shaga aims to connect gamers and game developers within the evolving Web3 environment, offering services that include a Node Operator and Quests. This approach allows clients to play games without restrictions, unlock rewards by completing straightforward social media tasks, and engage in a collaborative gaming ecosystem that supports the principles of Web3.

EclipseFi is a Cosmos modular multi-chain token issuance platform that seeks to tackle Launchpad's cross-chain user experience and sustainability challenges with features like smart accounts and cross-chain design.

GameDAO is a decentralized autonomous cooperative that focuses on fostering sustainability in the financing of video games, creative content, digital arts, e-sports, and gaming as a profession. The organization operates a platform that facilitates the development of business models tailored for the gaming market. It connects loyal gamers, creators, publishers, and investors through matchmaking and crowd-based funding instruments. By enabling collaborative coordination among its community members, GameDAO empowers participants to collectively own and fund gaming projects, thereby creating a mutually beneficial ecosystem that supports innovation and growth within the gaming industry.

Enjinstarter is a blockchain gaming launchpad designed to foster the growth of the Enjin ecosystem and the metaverse. The company focuses on creating a vibrant environment for blockchain gaming, non-fungible tokens (NFTs), and virtual worlds. Enjinstarter offers a range of services, including a marketplace, token management, campaign management, and rewards systems. These tools empower game developers to build their blockchain and digital asset strategies, facilitate cryptocurrency transactions, and enable the earning and trading of in-game items. Through its platform, Enjinstarter aims to support innovation and expansion within the gaming industry by leveraging the potential of blockchain technology.