Participated · Seed · Jun 2022

Souq G-Commerce provides a blockchain-agnostic portfolio manager that helps players track and monitor the value of their game assets and the health of game economies. The platform centralizes performance tracking across any blockchain or wallet and surfaces market intelligence on individual gaming economies. The company positions itself as a financial-markets layer for Web3 games—described by the CEO as like “Robinhood for video game assets”—and aims to enable players to participate in economic upside across virtual worlds. Souq targets the rapidly growing blockchain gaming industry, which the article says grew 2,000% in the last year and has about 10M active users today. Near-term product and growth milestones include 50–100k active wallets, 95% of games covered on the platform, $100M of assets connected, and support for ETH, L2s, Solana, Flow, and Avalanche. Financially, the company completed a $3.3M pre-seed raise to advance product development and market expansion.

Participated · Seed · Jun 2022

Souq is a New York-based provider of consumer asset management software in the Web3 gaming space. The company focuses on building a financial market for game economies that enables players to participate in and share the upside of virtual worlds. Its flagship product onboards players quickly and lets them track and manage portfolios across any blockchain or wallet. Souq intends to use the funds to further expand this flagship product and support players and games across all major blockchains. The company raised $3.3M in pre-seed funding to support these plans. Souq is led by CEO JonPaul Vega and Head of Product Ken Berkowitz.