Blockchain Fund Newsletter — Q2 2022
Content at the intersection of entrepreneurship, venture capital, and blockchain trends.
IN THIS ISSUE: Highlighting the newest investments for the Blockchain Fund 2021 portfolio, recent updates about portfolio companies, innovative portcos in the spotlight, and more.
Blockchain Fund Portfolio Spotlight
More consumers are expressing interest in owning NFTs and other digital assets, and more companies are looking to capitalize. But developing and minting NFTs that can engage an audience — especially as part of an overall brand strategy — is a difficult task. Enter GigLabs, whose cloud-based content management system and 3D environment enable brands to manage the creation, distribution, and tracking of NFTs. In a Q&A with Douglas Dimola, CEO & Co-Founder of GigLabs, learn more about the company’s goals, vision, and product offerings. Read More »
Other New Investments
Since we raised Blockchain Fund 2021, we’ve continued to deploy capital, adding new companies and follow-ons across a diverse range of sectors, stages, and geographies. Learn more about these investments below.
- Aurora, a company whose Ethereum Virtual Machine and cross-chain bridge deliver a turnkey solution for developers to launch decentralized apps within minutes
- Babylon, a cryptocurrency security platform whose Proof-of-Work chain solves security issues for Proof-of-Stake blockchain-based algorithms that secure many cryptocurrencies
- Colu, a mobile app platform whose white-label city coin incentivizes residents to take small actions to make city life more economically, environmentally, and socially responsible
- DNABlock, a 3D animation platform enabling users to create 3D avatars and cinema-quality animated content that can be easily minted as NFTs
- Ecosapiens, a project creating NFTs that enable consumer adoption of carbon offset purchases, which traditionally have been bought by corporations
- ETHSign, a decentralized, versioned, and consensus-based electronic agreements-signing application built on Ethereum, IPFS, and Filecoin
- Fan Controlled Football (FCF), a livestreaming, interactive sports platform allowing fans to participate in drafts, determine their team’s game roster, and call plays in real-time
- GamerGains, a company that allows gamers to earn tokens simply for logging hours on the games they already love playing
- GreenParkSports, a mobile game and digital experiences developer whose flagship product is a native, free-to-play mobile game played over the top of sporting and eSports events
- Helium, an open-source, distributed Hotspot network owned and operated by users who are incentivized with tokens
- MintNFT, a platform for brands to create digital collectibles and fan marketplaces to sell NFTs and launch branded environments
- PIXELYNX, a metaverse platform making it easy for musical artists to launch their own interactive environment and monetize it through NFT, playable experiences, and virtual performances
- Qredo, a company using the latest innovations in cryptography and distributed ledger technology to deliver unique solutions for securing and trading digital assets
- Stacked Labs, a cryptocurrency platform allowing users to easily access trading strategies and investment portfolios from leading hedge funds and traders
- Stadium Live Studios, a consumer social company building an authentic, unique metaverse for the next generation of sports fans to create, connect, and play with others around the world
- Subspace Labs, a high-performance platform helping developers overcome latency and network issues to improve network quality while protecting their applications’ availability
- Tibles, an NFT studio and marketplace focused on digital collectibles from pop culture and entertainment brands that users can collect and own
- Upland, an online property-trading game that enables players to buy, sell, trade, and develop virtual real estate properties based on real-world addresses
Explore Alumni Ventures’ Blockchain Fund
See video policy below.
Secure a Spot in Blockchain Fund 3
Log in to our portal and secure your spot today.
Meet the MP: Edward Tsai, Managing Partner, Spring Blockchain Fund
See video policy below.
Meet AV’s Managing Partner of our Spring Blockchain Fund, Edward Tsai. Edward has 15+ years of investment experience in the U.S. and China, including a successful track record with investments such as Cruise Automation (acq. by GM), Life360 (IPO), Palantir (IPO), and Brave Software. In addition, Edward has deep operating experience at tech and cybersecurity companies. Learn more about Edward and what he brings to AV’s Spring Blockchain Fund.
Investments To Be Announced
- Novel proof-of-time blockchain network enabling cross-chain interoperability of time (event) data between decentralized applications
- Game developer building a franchise of fantasy sports-themed video games that let players create their own metaverse of competitions and competitors based on real athletes
- High-quality launchpad for curating gamefi, guilds, and metaverse projects that features seamless ways to turn token buyers into long-term holders
- Company with an early-stage protocol that intends to create the world’s largest and open P2E network for virtual ecosystems
- Platform using proprietary AI to track companies, professionals, and market activities to uncover business activity data that helps growth teams and investors identify and act on important signals
- Mobile app enabling Next-Gen augmented reality gameplay by allowing users to turn NFT avatars into playable characters
- Blockchain solution combining the best features of foundational blockchain architecture and overlay networks to improve performance and scalability while maintaining security and decentralization
- Marketplace for voluntary carbon offsets, allowing high-quality carbon projects to access financing before certification
Follow-on Investments
- Mythical, a game technology platform enabling true ownership of digital assets, verifiable scarcity, and integrated secondary markets using distributed ledger technology to build in-game player economies
Investors: To learn about all the new additions to your portfolio, click the button below to log in to the Investor Portal.
Blockchain Fund Portfolio Companies in the News
- Mythical Games Building NFL’s First NFT-Based Game (Crypto Globe)
- Ecosapiens, a Web3/NFT Platform Raises $1.5M to Help Consumers Fight Climate Change (PR Newswire)
- Aurora Launches $90M Fund to Finance DeFi Apps on Near Protocol (Cointelegraph)
- DNABLOCK Raises $7M Seed Round Led by Sfermion, Solana Ventures, Animoca Brands, and Non-Fungible Labs (Yahoo! Finance)
Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.
Want to learn more?
View all our available funds and secure data rooms, or schedule an intro call.
New to AV?
Sign up and access exclusive venture content.