AvatarDAO
Lexington, KY, United States
Overview
AvatarDAO is a GP-free venture capital republic that creates a Web3 decentralized venture capital fund for the benefit of more people. They work and invest, finding seed-stage opportunities through active independent researchers and investment managers and assisting startups. Development via a diversified and extensive network of resources, and distribution of fund revenues via automated, autonomous contracts.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Web3
Investment portfolio
- Muverse
Led · Seed · Mar 2023
Muverse is a Los Angeles, CA–based provider of a music NFT exchange and app. The platform enables free trade of global music NFTs and combines an NFT exchange with gamified interaction, including a phase I rhythm game with an earning mode that lets users earn token revenue while playing. Muverse uses a dual-token model: MCT as the in-app utility token and MU as the platform token. The NFT exchange component provides liquidity to users, and the rhythm game is intended to bring game players and crypto investors to build a community and drive ecosystem development. The company has a global team with employees in Los Angeles, Seoul, Singapore, Vietnam, Indonesia and the Philippines. Muverse intends to expand platform features and services, accelerate user acquisition, and enhance the user experience, and it recently raised $6M in Seed funding to support those efforts.
- UneMeta
Participated · Equity · Jul 2022
UneMeta operates as an NFT incubator, trading marketplace and SocialFi space, providing premium NFT incubation services and a transaction marketplace where users can socially interact. The platform combines innovative gameplay, IP resources and a community foundation to support NFT projects. It aims to offer NFT holders security and transaction-fee opportunities within quality NFT transactions and SocialFi experiences. The company plans to use newly raised funds to expand operations and broaden its business reach. Financially, UneMeta completed a funding round reported at $5M in support of those expansion plans.
Team
No current team members are available.