๐Ÿฆ„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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๐Ÿ‘‰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!๐Ÿ“Œhttps://bit.ly/3Ej5cba

๐Ÿš€Criteria for startups:
๐Ÿ‘‰ Area: Crypto, NFT, DeFi, Gaming, Blockchain
๐Ÿ‘‰ Stage: Pre Seed/ Seed/ A rounds
๐Ÿ‘‰ Geography: Worldwide
Forwarded from Blockchain Leadership Summit 2019. AI and Blockchain: innovation in practice. 19-21 November 2019 in Barcelona, Spain (ะ˜ั€ะธะฝะฐ ะ˜ะพะฝะพะฒะฐ)
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 ยซInnMind: Web3 Startups and VCsยป
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Founder! ๐Ÿ‘‰Apply for the VC Pitching Session for Crypto, NFT, DeFi and Gaming startups taking place on the 27th of April!๐Ÿ“Œhttps://bit.ly/3JVO24m

Criteria for startups:
๐Ÿ‘‰ Area: Crypto, NFT, DeFi, Gaming, Blockchain
๐Ÿ‘‰ Stage: Pre Seed/ Seed/ A rounds
๐Ÿ‘‰ Geography: Worldwide

Investors:
โœ… Asa H., Pluto Digital
โœ… Ivan Semenov, Cryptomeria Capital
โœ… Caroline Cheng, Chainfir Capital
โœ… Elaine, Waterdrip Capital
โœ… Stanislav Stolberg, Scaleswap
โœ… On Yavin, Cointelligence Fund
๐Ÿ‘‰Over $47 million raised via InnMind Pitching Sessions in 2021-2022!๐Ÿ”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: ๐Ÿ“Œhttps://bit.ly/3OfYZkR

Some of #startups that got funded after pitching at one of InnMind's pitching sessions are:
๐Ÿ‘‰ENVELOP (NIFTSY)
๐Ÿ‘‰CapsCoin
๐Ÿ‘‰Metis
๐Ÿ‘‰Tristan Metaverse
๐Ÿ‘‰MetaMundo
๐Ÿš€And more!

โœ…Don't miss this opportunity to pitch to top #investors worldwide!
๐Ÿ“ŒJoin the InnMind Community and:

๐Ÿ‘‰get access to an exclusive knowledge base with templates, articles, guides, & more
๐Ÿ‘‰get the chance to apply to pitch in front of top investors worldwide
๐Ÿ‘‰be able to directly contact +1'400 Family offices, VC, and angel investors that are on our platform
๐Ÿ‘‰get access to the exclusive Workshops and Tools
๐Ÿ‘‰ all content is focused on Web3!

โœ…Register here for free๐Ÿ‘‰https://bit.ly/3v3Wuur
๐Ÿ”ฅ3
โ€‹โ€‹If youโ€™re reading this channel, then you might be interested in learning about Web3 startups. Correct? ๐Ÿ˜‰

Great news for you then ๐Ÿ‘‡

Starting from today, weโ€™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! ๐Ÿคฉ

So buckle your seatbelts and you better unmute this channel to make sure you donโ€™t miss any great deals, opportunities for collaboration and potential unicorns ๐Ÿ“ˆ๐Ÿฆ„๐Ÿ’ฐ
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!

๐Ÿ“ˆLearn more about this startup: Bladebound Elevator Pitch | Startup Profile

โ†˜๏ธ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 gameโ€™s marketplace. Players can also buy and sell their powered-up Heroes, armor skins, battlepasses, achievements and moreโ€ฆ

โšก๏ธ#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 Bladeboundโ€™s progress and traction!
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โ€‹โ€‹๐ŸšซWhy investors PASS on investing in some startups?

We always ask VCs why did they say NO, and here are the top red flags ๐Ÿšฉand rejection reasons:

1๏ธโƒฃ 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.

2๏ธโƒฃ 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.

3๏ธโƒฃ 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?

4๏ธโƒฃ 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. Donโ€™t expect investors to spend hours trying to understand what is your project about: if itโ€™s not clear in the first few minutes - itโ€™s usually a pass.

5๏ธโƒฃ Bad early cap-table
Donโ€™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 ๐Ÿ˜‰
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โ€‹โ€‹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 ODINโ€™s founders ๐Ÿค
โ€‹โ€‹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:

โœ… Asa Hutchinson, Pluto Digital VC

โœ… On Yavin, Cointelligence Fund

โœ… Ivan Semenov, Cryptomeria Capital

โœ… Caroline Cheng, Chainfir Capital

โœ… Elaine, Waterdrip Capital

โœ… Stan Stolberg, Scaleswap

โœ… Ken, Magnus Capital

โœ… Fedor and Jonathan, 369 Capital

โœ… Dimitri, White Star Capital


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

๐Ÿš€ Creo Engine
A blockchain gaming platform for developers to launch their games. Creo Engine also serves as a game developer and NFT marketplace provider.

๐Ÿš€ Redkite
A platform to curate leading contemporary artists, commission original physical works, NFTs and asset backed NFTs all within one exciting and innovative space.

๐Ÿš€ Envida
A blockchain-based ecosystem that provides a globally independent foundation for the collection, storage and utilization of mobile environmental data.

๐Ÿš€ 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.

๐Ÿš€ Aspens Protocol
'On demand' tradable exchange launching protocol with API integration and Developer SDKs.

๐Ÿš€ 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.

๐Ÿš€ 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.

๐Ÿš€ Roosterwars
A full stack metaverse franchise that features an original storyline, PVP game, interactive story mode, and future customizable game modes.

๐Ÿš€ 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 ยซWeb3 Startups and VCs on InnMindยป
There are so many talks about Web 3.0 market potential, but do you really understand what is it? ๐Ÿค”

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!
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๐ŸŒŸHow to identify a GREAT crypto startup โ‰๏ธ

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

How do we define who is great? ๐Ÿ” Here are a few key factors that help you understand InnMind's expertise:

โœ… 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.
โœ… 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.
โœ… 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.
โœ… 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 startupโ€™s communications.
โœ… 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.
โœ… 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.
โœ… 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.
โœ… 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 ๐Ÿ˜Š

Do you agree with this?
Our last pitching session has 2400+ views and 140+ likes during a few days! ๐Ÿ’ช That's due to the amazing startups pitched there ๐Ÿคฉ

Those who missed this event online can watch it on the InnMind Youtube Channel
โ–ถ๏ธ https://youtu.be/leC5jUg05-Q

Participants:

๐Ÿš€ 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

๐Ÿš€ 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

๐Ÿš€ 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

๐Ÿš€ 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

๐Ÿš€ Aspens Protocol
'On demand' tradable exchange launching protocol with API integration and Developer SDKs.

Aspens Protocol profile | Aspens Protocol pitching

๐Ÿš€ 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

๐Ÿš€ 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

๐Ÿš€ 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

๐Ÿš€ 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 ๐Ÿ˜‰
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Letโ€™s look closer at one of the participants of the previous pitching session.

๐Ÿš€ Aspens Protocol is 'on demand' tradable exchange launching protocol with API integration and Developer SDKs.

โ–ถ๏ธ Strategy: Aspens Protocol allows to create your own exchange with โ€œout of the boxโ€ functionality to list any asset pair and trade institutional assets.
โ–ถ๏ธ Focus: let Institutional players list their illiquid assets enabling their investors and themselves to have optionality (trade, leverage...) on their investments.
โ–ถ๏ธ Uniqueness: other market players have no way to provide price discovery nor liquidity to their investment offerings.
โ–ถ๏ธ Stage: Seed (APIs and Demo)
โ–ถ๏ธ Raising: $2M for 15%

Aspens Protocol website | Aspens Protocol pitching | Aspens Protocol profile

Waterdrip Capital is interested in this project after the pitching session ๐Ÿค So, donโ€™t miss a chance to invest ๐Ÿ˜‰

Feel free to contact InnMind team to request an intro with Aspens Protocolโ€™s founders๐Ÿ‘‡
Due to the evolution of digital technologies, the transfer of data ownership to internet users, and the growing concerns about data security, there is a huge growth in Web3 market. The market size for Web3 is projected to be valued at over $6 million by 2030, growing at a 44.6% CAGR from 2023 to 2030 ๐Ÿ’ฃ

The Web3 sector is booming and changing every day, making the Internet full of content that is difficult to analyse and verify. That's why InnMind team prepared a market analysis on the Web3 sector giving you answers to questions:

๐Ÿ”ดHow does Web3 work?
๐Ÿ”ดHow are Web3, Blockchain, and NFT connected?
๐Ÿ”ดWhat are the market drivers of Web3?
๐Ÿ”ดHow is the Web3 market segmented?
๐Ÿ”ดWhat are the industry trends?

Please, comment on this post and we will PM you with the link to Web3 market analysis ๐Ÿ‘‡
โ€‹โ€‹We cannot miss presenting you with a really great startup that we have worked with for a few years - Bloqcube

Their vision is to enable pharma/biotech to speed up innovation at lower costs. They do this by shortening clinical trials by a factor of 3 and at half the costs while turning healthcare consumers into healthcare producers.

Look at their achievements ๐Ÿ™€

โ˜‘๏ธ Their initial phase has successfully built a truly decentralized and distributed ledger software to accelerate clinical trials - including a financial module - to solve the pain points in clinical trials-viz. data integrity, siloed systems payments inefficiencies and ransomware vulnerability and shift trials to patients homes from sites when needed.

โ˜‘๏ธ The US PTO has recognized the system as one of the first in the world in blockchain-driven clinical trials software and Bloqcube has featured in Gartner Group's prestigious Hypecycle report in LifeSciences and Blockchains for three years in a row.

Investors - Pay attention โ€ผ๏ธ

๐Ÿ“… IDO is planned for Q3/early Q4 2022 ( White paper being drafted). The company is planning a Convertible notes/Safe anchored Series A in Q3.

๐Ÿ“Œ They have raised $1.3 million so far via Friends/Family/Angels and are looking for Strategic investors to scale rapidly.

Here are links to learn more about Bloqcube:
Bloqcube pitchdeck | Bloqcube profile on InnMind | Bloqcube product demo (video) | Introduction of Bloqcube founder Rama K Rao

Leave a comment if you want to contact Rama and we will provide an intro with Bloqcube company.

๐Ÿ‘‡You can also contact InnMind through support@innmind. com
Recently BloombergQuint published an interview with Su Zhu from Three Arrows Capital. Btw, if you still don't know this name, you should learn the story of 20 yo derivatives traders who managed to build a multi billion crypto fund and a top-tier VC in web3 sector.

Let us share some quotes that are worth paying attention to (other crypto VCs could take it into account in their investment philosophy):

"Most apps that people use today and think of as the domain of web2 will eventually be disrupted by lightweight and community-owned web3 technologies";

โ€œTechnology is overestimated in the short run and underestimated in the long run, especially when applied to cryptoโ€,

โ€œGoing against the grain and backing hardworking, tech-oriented teams would pay offโ€;

โ€œThe power of crypto to protect individualsโ€™ rights. Ukrainians are using it to protect their wealth from war, and Russians are using it to be able to flee the country and retain some level of assets. Moreover, crypto is enabling the global community to interact intimately with whatโ€™s happening.โ€


... and of course the one that is in the screenshot!
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โ€‹โ€‹InnMind continues startup digest to present you new investment opportunities.

๐Ÿ’ผ Zehnplus GmbH, a profitable leader in digital knowledge transformation in Switzerland, has sold to clients and has a Web2 MVP version. Zehnplus created Wisdom Economy, a share-2-earn knowledge ecosystem using blockchain technology. Wisdom Ecosystem is the only knowledge management & retrieval system that can solve problems of the communities (users, games, metaverses and brands) which have poorly self built support systems for users, do not build knowledge as assets and have no incentives to share their knowledge.

The uniqueness of this project is the One platform for all user support and knowledge creation as an asset, that allows knowledge tasks, getting fair compensation for content creators and removes the need for brands to build their own support infrastructure. Users are getting rewarded and pay with a token $WSDM.

Wisdom Protocol is delivering features that the market really wants:
๐Ÿ”ธ Managing Content
๐Ÿ”ธ Knowledge rewards
๐Ÿ”ธ Social Interactions
๐Ÿ”ธ Commercializing
๐Ÿ”ธ Storage
๐Ÿ”ธ Token Ecosystem

Wisdom Protocol Website | Wisdom Protocol Pitching | Wisdom Protocol Profile

๐Ÿ’ก InnMind has already connected Wisdom with 2 VCs who are interested in the project. Connect our Investment Analyst Abdul ( @Notanotherabdul ) to request an intro with Wisdom Protocolโ€™s founders.