𝗰𝘆𝗰𝗹𝗼𝗽
𝗰𝘆𝗰𝗹𝗼𝗽

@nobrainflip

22 تغريدة 4 قراءة Nov 28, 2023
During last bull run, those who were early made 1000X.
Best way to spot gems early is to follow VCs' investments.
Here're best 18 early-stage projects backed by best VCs👇🧵
In anticipation of upcoming bull run, I decided to examine what the best VCs are investing in.
Specifically, we will look at @binancelabs, @paradigm, and @a16z.
We will review 6 projects that each of these VCs has invested in 👇
Let's start with investments of the most active VC among the trio - @a16z:
1/➮ @gensynai
✧ Raised: $50.6M
✧ Gensyn Protocol is a layer-1 protocol for deep learning, rewarding compute contributions with smart contracts but faces challenges in trust and work verification
2/➮ @ethxy
✧ Raised: $1.6M
✧ EthXY offers an on-chain gaming experience via a chat interface, leveraging Base's developer support and low costs for seamless, Telegram-like interactions
#1 bet on GameFi
3/➮ @ProofOfPlay
✧ Raised: $33M
✧ Proof of Play's first blockchain game, Pirate Nation, is a free-to-play social RPG where players battle, craft, and trade to earn PGLD tokens.
#2 bet on GameFi
4/➮ @PahdoLabs
✧ Raised: $17.5M
✧ Halcyon Zero, an upcoming anime RPG, integrates creative and social elements, enabling players to design and interact in their anime-style worlds.
#3 bet on GameFi
5/➮ @StoryProtocol
✧ Raised: $54.3M
✧ Story Protocol, backed by a16z and others, aims to power collaborative IP creation, leveraging expertise in AI and Web3, to enhance internet-era creativity.
6/➮ @soundxyz_
✧ Raised: $25M
✧ Soundxyz offers a platform for artists to mint and sell music as NFTs using Ethereum's blockchain and ERC-721A standard, now open to all artists.
3/6 - GameFi bets. Looks like GameFi's set to be main narrative of upcoming bull run.
Now let's move on to @paradigm - the one who invests rarely, but always spectacularly:
7/➮ @Blast_L2
✧ Raised: $20M
✧ A typical project from Paradigm - genius Ponzi. L2 without L2, without proper utility, but everyone can make money here, welcome to the world of Paradigm.
8/➮ @privy_io
✧ Raised: $26.3M
✧ Privy offers an API to manage off-chain data linked to on-chain addresses, enabling secure integration of sensitive user data like KYC, without direct handling of personal info.
Gem 💎
9/➮ @friendtech
✧ Raised: TBA
✧ think everyone has already heard about them a million times. Just wanted to remind once again that Friend Tech exists, and they still don't have a token... 🤫
10/➮ @ExponentialDeFi
✧ Raised: $14M
✧ Exponential offers a risk assessment system for investments in crypto, enabling users to compare yields and soon invest in DeFi projects via a custodial platform.
11/➮ @blowfishxyz
✧ Raised: $11.8M
✧ Blowfish is a Web3 firewall technology with an API that helps wallets and custodians protect users against various attacks, providing real-time warnings and transaction context.
12/➮ NXYZ
✧ Raised: $40M
✧ Nxyz offers a platform for developers to access real-time data APIs and deploy applications, emphasizing flexibility, scalability, and simplicity in handling blockchain data.
And for dessert, here're the 6 best projects that @binance has recently invested in (hopefully they're still worth something without CZ).
13/➮ @alt_layer
✧ Raised: $7.2M
✧ It's rollup-as-a-service for dApps, allowing devs to create scalable rollups for temporary use
14/➮ @kinzafinance
✧ Raised: TBA
✧ Kinza is a lending protocol for DeFi, emphasizing security and efficient money markets, featuring Real Yield with dynamic interest rates and tailored collateral risks for capital efficiency.
15/➮ @zkPass
✧ Raised: $2.5M
✧ zkPass employs zero-knowledge proofs, multi-party computation, and three-party TLS to securely disclose personal data online without exposing documents, supporting decentralized IDs and private data marketplaces.
16/➮ @Tabi_NFT
✧ Raised: $11M
✧ Tabi plans to develop its gaming ecosystem and an on-chain identity protocol, converting users' blockchain activities into rewards and integrating a platform for blockchain game transactions.
17/➮ @Sleekcard
✧ Raised: $5M
✧ Sleek is creating a knowledge marketplace for experts to tokenize their knowledge and monetize it, facilitating a new way of earning through expertise sharing.
18/➮ @SleeplessAI_Lab
✧ Raised: TBA
✧ The project's first game, HIM, is an Otome-style virtual boyfriend game featuring unique, immutable SBT characters that exist on-chain.
In conclusion, Id' like to make one observation:
Large portion of projects that top VCs invest in is GameFi.
I'll be watching GameFi very closely cause when market starts to grow and projects start to emerge, a narrative will begin and even tokens from the market will shoot up.
➮ If you loved this thread, don't forget to:
✧ Follow me @nobrainflip for more exciting content❕
✧ Like, retweet, bookmark and leave a comment on the first tweet 🤍

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