πŸ¦„Web3 Startups and VCs
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Learn about best Web3 and crypto startups and venture capital deals. Startup reviews, fundraising tips, crypto market insights & data for Web3 enthusiasts and professionals on https://innmind.com/
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πŸ‘‰Founder or investor, did you miss yesterday's Crypto VC Pitching Session for Web3, DeFi and Gaming startups? Watch the full session here and tell us what startup pitch interested you the most! πŸ“Œhttps://bit.ly/3Dpgk5I
πŸ”ŠWhen should a startup consider fundraising? Founder, this article published by Startups Magazine will help you in your fundraising process. πŸ“Œhttps://bit.ly/38kZE3P

πŸ‘‰When should a startup consider funding?
πŸ‘‰What should startups have before they look for fundraising from venture capitalists or investors?

πŸš€You'll find all the answers to these and more questions in the article below!
βœ…How to get your startup featured in Forbes, Techcrunch and other top media outlets: https://youtu.be/NA7lQjUNQ3M

Startup founder dreams of getting featured in Forbes. But the majority of startups fail with PR efforts. By watching this video, you will learn everything about PR directly from the most appropriate person: Forbes author Trevor Clawson, writing about tech startups.

πŸ“ŒTrevor is a freelance business and technology journalist, blogger, author, editor, and ghostwriter. He has written for a wide range of magazines and newspapers including Forbes, The New York Times, The Guardian, Startups.com, and more. He is particularly interested in fast-growth companies, technology, tech startups, new media and digital marketing, corporate finance, and the music industry.
πŸ‘‰Attention founder! The application process for the VC Pitching Session for Crypto, NFT, DeFi and Gaming startups taking place on the 27th of April, is NOW OPEN!πŸ“Œhttps://bit.ly/3uhGLY1

πŸš€Criteria for startups:
πŸ‘‰ Area: Crypto, NFT, DeFi, Gaming, Blockchain
πŸ‘‰ Stage: Pre Seed/ Seed/ A rounds
πŸ‘‰ Geography: Worldwide
πŸ‘‰InnMind's CEO, Nelli Orlova, will speak today about venture capital & open innovation at the Open Innovation Congress Baden-WΓΌrttemberg, Germany’s largest publicly funded open innovation event.

πŸ”ŠNelli is sharing the panel with Mrs Dagmar Nixdorf, Impact Investor, Mr Alec Rauschenbusch of Grazia Equity, a venture capital company from Stuttgart, and Mr Dr. Harpreet Singh, CEO of the medical company Immatics.

βœ…Learn more about the event here: https://bit.ly/3O1WqTd
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βœ…Are you a startup founder and need help defining your social media strategy? Then, this video is what you need!

πŸ“ŒYou can find the full video interview on how to develop the best marketing strategies for your startup in 2022, hosted by Nelli Orlova, CEO of InnMind and Zineb Layachi, Co-founder at PitchSLAP and digital marketing specialist, hereπŸ‘‰https://bit.ly/3DNq8qx
πŸ‘‰Attention founder! The application process for the VC Pitching Session for Crypto, NFT, DeFi and Gaming startups taking place on the 27th of April, is NOW OPEN!πŸ“Œhttps://bit.ly/3Ej5cba

πŸš€Criteria for startups:
πŸ‘‰ Area: Crypto, NFT, DeFi, Gaming, Blockchain
πŸ‘‰ Stage: Pre Seed/ Seed/ A rounds
πŸ‘‰ Geography: Worldwide
How many years of experience did you have when you founded your first startup?
Anonymous Poll
50%
Less than 1 year
25%
1-3 years
25%
4-10 years
0%
10+ years
Channel name was changed to Β«InnMind: Web3 Startups and VCsΒ»
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Founder! πŸ‘‰Apply for the VC Pitching Session for Crypto, NFT, DeFi and Gaming startups taking place on the 27th of April!πŸ“Œhttps://bit.ly/3JVO24m

Criteria for startups:
πŸ‘‰ Area: Crypto, NFT, DeFi, Gaming, Blockchain
πŸ‘‰ Stage: Pre Seed/ Seed/ A rounds
πŸ‘‰ Geography: Worldwide

Investors:
βœ… Asa H., Pluto Digital
βœ… Ivan Semenov, Cryptomeria Capital
βœ… Caroline Cheng, Chainfir Capital
βœ… Elaine, Waterdrip Capital
βœ… Stanislav Stolberg, Scaleswap
βœ… On Yavin, Cointelligence Fund
πŸ‘‰Over $47 million raised via InnMind Pitching Sessions in 2021-2022!πŸ”ŠApplications are now open for the next VC Pitching Session for Crypto, DeFi, NFT and Gaming startups, taking place on the 27th of April. Apply here: πŸ“Œhttps://bit.ly/3OfYZkR

Some of #startups that got funded after pitching at one of InnMind's pitching sessions are:
πŸ‘‰ENVELOP (NIFTSY)
πŸ‘‰CapsCoin
πŸ‘‰Metis
πŸ‘‰Tristan Metaverse
πŸ‘‰MetaMundo
πŸš€And more!

βœ…Don't miss this opportunity to pitch to top #investors worldwide!
πŸ“ŒJoin the InnMind Community and:

πŸ‘‰get access to an exclusive knowledge base with templates, articles, guides, & more
πŸ‘‰get the chance to apply to pitch in front of top investors worldwide
πŸ‘‰be able to directly contact +1'400 Family offices, VC, and angel investors that are on our platform
πŸ‘‰get access to the exclusive Workshops and Tools
πŸ‘‰ all content is focused on Web3!

βœ…Register here for freeπŸ‘‰https://bit.ly/3v3Wuur
πŸ”₯3
​​If you’re reading this channel, then you might be interested in learning about Web3 startups. Correct? πŸ˜‰

Great news for you then πŸ‘‡

Starting from today, we’ll be sharing information about the best early-stage crypto and Web3 startups that pitched on InnMind VC Pitching Sessions, companies that have raised funds from crypto VCs and new innovators that plan to disrupt Gaming, NFT, DeFi, Blockchain Infrastructure, Crypto Finance, Media & Fashion, and more sectors in the near future! 🀩

So buckle your seatbelts and you better unmute this channel to make sure you don’t miss any great deals, opportunities for collaboration and potential unicorns πŸ“ˆπŸ¦„πŸ’°
Meet Bladebound: Swords of Blood, a great blockchain gaming startup from the InnMind pipeline!

It is an Action RPG game on Blockchain and integrated with NFTs - a new crypto-savvy spin-off from a popular mobile game with over 1 million downloads!

πŸ“ˆLearn more about this startup: Bladebound Elevator Pitch | Startup Profile

β†˜οΈDownload in: GooglePlay | AppStore

NFT technology enriched the game with new play-to-earn opportunities for users. All in-game items are unique NFTs that can be traded in the game’s marketplace. Players can also buy and sell their powered-up Heroes, armor skins, battlepasses, achievements and more…

⚑️#SWORD token can be used to buy gold and gems in the game and spent to power up the game heroes.

3D console-like items and an old-school feeling of classic isometric RPG games makes Bladebound a very special gem in a crowded p2e gaming market!

Bladebound is finalising the private funding round raise with crypto VCs and plans to IDO in May 2022. Follow their telegram channel to stay tuned about Bladebound’s progress and traction!
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β€‹β€‹πŸš«Why investors PASS on investing in some startups?

We always ask VCs why did they say NO, and here are the top red flags 🚩and rejection reasons:

1️⃣ Weak team
Not enough experience in the sector; main needs not covered by the core team; first-time startup founders; building tech project without tech co-founder; etc.

2️⃣ Poor economy / business model
There is no clarity around how this startup will make money and what is the business model;

For tokenized projects: no obvious token utility and value, no strong token economy behind the project, no clarity as to how and why the token buying pressure will be generated, etc.

3️⃣ No Traction
Good entrepreneurs are capable of generating traction even in the early stages and even without money. Start building the product, attract motivated talents, build an engaged community, establish value-added partnerships, etc. If nothing is done without money - why should the investor take all the risks?

4️⃣ Bad pitch
Founders not able to explain what they are building, why and how in a simple and attractive way. Especially true for geeks who speak tech slang mostly. Don’t expect investors to spend hours trying to understand what is your project about: if it’s not clear in the first few minutes - it’s usually a pass.

5️⃣ Bad early cap-table
Don’t take early money from just anyone! An investor a with bad reputation can scare off good VCs in the next funding rounds and create unnecessary troubles for your future fundraising.

Keep this in mind when you start fundraising for your startup! And share this post with your co-founders to keep aligned on fundraising priniples πŸ˜‰
πŸ”₯4
​​Meet another great startup from our InnMind pitching sessions: ODIN Protocol

ODIN Protocol is the next generation of blockchain oracles and user data exchange protocol built within the Cosmos ecosystem and Inter-Blockchain Communication Protocol (IBC)

It enables dapp developers to efficiently deliver real-world validated data to Web3 applications, such as price feeds, random number generation, or dynamic NFTs. ODIN aims to be the primary protocol within Cosmos and IBC to connect blockchain applications with real-world data.

ODIN is the first-ever protocol that allows for systems building where users and app developers can be directly rewarded for the data users generate and offer to the open market considering privacy, security, and traceability of the data. Developing such systems in a decentralized way with digital asset user rewards is a significant task, requiring specific knowledge in the DLT sphere and executable by companies willing to apply a data reward model.

Startup Profile | Odin Elevator Pitch | Telegram

Highlights:
- The main net went live in February 2022
- Strong team with proven expertise in blockchain, marketing, and data intelligence areas
- Received a grant from GateChain as one of the most outstanding blockchain oracle protocols
- Partnerships with: Cosmos, Polygon, Abacus, GEODB, Datalytics, Flame Analytics and others
- Active organic community with a total of 200k+ members across Twitter, Telegram, and Discord

Interested to learn more? Contact InnMind team to request an intro with ODIN’s founders 🀝
​​Today in a couple of hours InnMind is hosting the next VC Pitching Session with 9 Crypto VC investors and 7 selected startups from Web3, NFT, DeFi, Gaming verticals. You should not miss it!

Meet amazing venture capitalists who contribute to development of the next startup stars in Web3 industry:

βœ… Asa Hutchinson, Pluto Digital VC

βœ… On Yavin, Cointelligence Fund

βœ… Ivan Semenov, Cryptomeria Capital

βœ… Caroline Cheng, Chainfir Capital

βœ… Elaine, Waterdrip Capital

βœ… Stan Stolberg, Scaleswap

βœ… Ken, Magnus Capital

βœ… Fedor and Jonathan, 369 Capital

βœ… Dimitri, White Star Capital


And learn about great crypto startups that will be presented today:

πŸš€ Creo Engine
A blockchain gaming platform for developers to launch their games. Creo Engine also serves as a game developer and NFT marketplace provider.

πŸš€ Redkite
A platform to curate leading contemporary artists, commission original physical works, NFTs and asset backed NFTs all within one exciting and innovative space.

πŸš€ Envida
A blockchain-based ecosystem that provides a globally independent foundation for the collection, storage and utilization of mobile environmental data.

πŸš€ STRT Button
STRT Button is a Multi-Chain DApp as a service for Web 3.0 ecosystem by developing EVM compatible blockchain into 1 platform, providing instant & independent tools to launch your blockchain project within a few clicks.

πŸš€ Aspens Protocol
'On demand' tradable exchange launching protocol with API integration and Developer SDKs.

πŸš€ Eywa
EYWA is a complex solution to the blockchain interoperability problem. EYWA enables fast and cheap transfer of any data between any blockchain that supports smart contracts.

πŸš€ iPlay Studio
A blockchain-based studio developed by Midnight Works building a user friendly ecosystem of games for all gamers, crypto enthusiasts, investors, entrepreneurs and NFT fans.

πŸš€ Roosterwars
A full stack metaverse franchise that features an original storyline, PVP game, interactive story mode, and future customizable game modes.

πŸš€ Nextmoon
Moon metaverse in 3D mirroring the actual moon where users can own landplot NFTs of the moon, to build, meet friends, and earn cryptocurrency.


PS: All the detailed info about every pitching startup will be published in this channel after the session. Stay tuned to get the info earlier than others!
Channel name was changed to Β«Web3 Startups and VCs on InnMindΒ»
There are so many talks about Web 3.0 market potential, but do you really understand what is it? πŸ€”

Here is a super simplified table (not even touching the tech dimensions), explaining the differences between Web 1.0 vs. Web 2.0 vs. Web 3.0.
Created by Geeksforgeeks and shared by Serhat Pala.
Enjoy!
πŸ”₯5πŸ‘2
🌟How to identify a GREAT crypto startup ⁉️

We always show our audience and investors great startups and for that we are appreciated.

How do we define who is great? πŸ” Here are a few key factors that help you understand InnMind's expertise:

βœ… Startups that have good knowledge about competitors in their niche. It also helps startups identify areas that should be developed to make a startup the leader of the niche.
βœ… A crypto startup must have team members well versed in distributed ledgers systems: how they work, how they can be further optimized, and how they can be designed to fit specific market needs.
βœ… Cryptocurrencies deal with financial value at a fundamental level. It is therefore critical that a crypto startup must incorporate personnel intimately familiar with financial systems and can analyze financial markets technically and fundamentally and translate their analysis into programmable goals within the startup.
βœ… And again about the team. Each way of raising funds (VCs or ICOs) requires people skills. A good crypto startup needs a human relations department or internal skillset to manage such negotiations and legal expertise to craft protocols for conflict resolution, and eliminate any ambiguities in the startup’s communications.
βœ… A good crypto startup should keep at the frontier of innovations. The crypto field is highly competitive, so those startups will survive that can quickly revise its work structure to fit in with new ideas or demands by the market, quickly crafting products and having them in the market as soon as the demand is recognized.
βœ… Data from major crypto outfits such as KuCoin show that up to 80% of their revenues come through their presence on mobile apps. It is hence essential to have a presence in that mobile ecosystem. The mobile apps need to be user-friendly: intuitive, easy to use, and highly interactive.
βœ… As a nascent market, the crypto field still has a lot of unknowns. These unknowns manifest in the market in the form of wild fluctuations in market prices. Market crashes of over 50% of the price are common, and they can sometimes happen seemingly overnight. A good startup hence should craft its business structure around a high-risk, high-reward notion.
βœ… Finally, a good startup should have a very good customer support. In a field where there are probably lots of competitors offering the same product or service, better customer service might be the one edge that puts a small startup ahead of its bigger, more bureaucratic competitors.
Keep in mind this when you create a crypto startup to make it great 😊

Do you agree with this?
Our last pitching session has 2400+ views and 140+ likes during a few days! πŸ’ͺ That's due to the amazing startups pitched there 🀩

Those who missed this event online can watch it on the InnMind Youtube Channel
▢️ https://youtu.be/leC5jUg05-Q

Participants:

πŸš€ Creo Engine
A blockchain gaming platform for developers to launch their games. Creo Engine also serves as a game developer and NFT marketplace provider.

Creo Engine profile | Creo Engine pitching

πŸš€ Redkite
A platform to curate leading contemporary artists, commission original physical works, NFTs and asset backed NFTs all within one exciting and innovative space.

Redkite profile | Redkite pitching

πŸš€ Envida
A blockchain-based ecosystem that provides a globally independent foundation for the collection, storage and utilization of mobile environmental data.

Envida profile | Envida pitching

πŸš€ STRT Button
STRT Button is a Multi-Chain DApp as a service for Web 3.0 ecosystem by developing EVM compatible blockchain into 1 platform, providing instant & independent tools to launch your blockchain project within a few clicks.

STRT Button profile | STRT Button pitching

πŸš€ Aspens Protocol
'On demand' tradable exchange launching protocol with API integration and Developer SDKs.

Aspens Protocol profile | Aspens Protocol pitching

πŸš€ Eywa
EYWA is a complex solution to the blockchain interoperability problem. EYWA enables fast and cheap transfer of any data between any blockchain that supports smart contracts.

Eywa profile | Eywa pitching

πŸš€ iPlay Studio
A blockchain-based studio developed by Midnight Works building a user friendly ecosystem of games for all gamers, crypto enthusiasts, investors, entrepreneurs and NFT fans.

iPlay Studio profile | iPlay Studio pitching

πŸš€ Roosterwars
A full stack metaverse franchise that features an original storyline, PVP game, interactive story mode, and future customizable game modes.

Roosterwars profile | Roosterwars pitching

πŸš€ Nextmoon
Moon metaverse in 3D mirroring the actual moon where users can own landplot NFTs of the moon, to build, meet friends, and earn cryptocurrency.

Nextmoon profile | Nextmoon pitching

Share in comments your favorites from this pitching session πŸ˜‰
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