Participated · Seed · Jul 2024

RECRD is a SocialFi platform provider that enables creators and users to convert content into NFTs. Its platform supports dynamic video interactions which provide immediate monetization for creators and users. RECRD combines social features with NFT tooling to facilitate content monetization via video engagement. The company announced a $4 million seed financing. Investors in the round included Sui Foundation, DNA Fund, Alphabit Fund and individual investors.

Led · Equity · May 2024

SlingShot DAO is a community-driven game ecosystem platform built around the SlingShot APP, enabling members to collaborate to turn ideas into game experiences. The platform centers on collaborative creation and emphasizes a 'community first' ethos and an action-oriented approach. Members use the SlingShot APP to co-develop and iterate on game concepts. According to Odaily Planet Daily, SlingShot DAO announced the completion of $3 million in financing. Alphabit Fund participated in the financing.

Participated · Seed · Apr 2024

Raiinmaker is described in the coverage as a Web3 artificial intelligence company. The company completed a $7.5 million seed financing, as reported by Foresight News citing The Block. The seed round was co-led by Jump Capital and Cypher Capital. Other investors named in the articles include Gate.io Labs, MEXC Global, Krypital Group, Alphabit, Launchpool, New Tribe Capital, Coach K, Axia 8 Ventures, Sheesha Finance, Andromeda Capital, Arcanum Capital, GDA Capital and Alpha Sigma Capital. The published coverage centers on the fundraising and investor participation. The articles do not provide further detail on product specifics, roadmap, operating metrics, founding year, location, or prior financings.

Participated · Equity · Mar 2024

OrangeDX is a Majuro, Marshall Islands-based platform that enables users to trade, swap, bridge, and launch BRC20 projects. At its core is a native DEX aggregator designed to provide users with access to trading opportunities across BRC20 tokens. The company also fosters new projects via an Initial Liquidity Offering (ILO) mechanism to simplify access to DeFi while incorporating security measures. OrangeDX raised $1.5M in funding and intends to use the proceeds to expand operations and its development efforts. Backers named in the raise include GBV Capital, Odiyana Ventures, Triple Gem Capital, Nxgen, X21, Spicy Capital, Alphabit Fund, FundLand Capital, and others.

Participated · Equity · Jan 2022

TooNFT is a blockchain-oriented webtoon platform launched on the Toomics ecosystem to introduce NFTs to the comics and webtoon industry. The company raised $1.75 million in early-stage financings (private and seed) to begin building its NFT infrastructure. TooNFT aims to create a next-generation, decentralized webtoon ecosystem that enables writers to attract P2P investments without intermediaries and to integrate content with blockchain distributed ledger technology. Planned features and improvements highlighted in the release include easy-investment access for regular users, staking and reinvestment opportunities, secure and transparent data, and a dependable service model. The platform was launched atop Toomics’ distribution, and the release cites Toomics’ large user reach — about 50 million active web users and over 10 million app downloads — while elsewhere noting up to 7 million MAU and roughly $60 million in annual centralized sales.