Participated · Seed · Dec 2022

Nametag builds a cross-chain, cross-platform service for decentralized usernames and social identity, led by CEO Victor Cheng. Users install a Chrome or Brave browser extension to display their web3 username and digital collectibles on sites like Twitter, Discord, and YouTube. The platform supports Ethereum, Solana, and Arbitrum assets and plans to add more chains as they gain popularity. Nametag reports 150,000 users who have interacted with its ecosystem, including 50,000 unique holders. The company raised $2M in Seed funding and intends to use the proceeds to expand operations and development efforts. It is headquartered in Seattle, WA.

Participated · Equity · May 2021

Qilin Protocol is a decentralized volatility protocol based in Beijing, China. It aims to equip the crypto market with the ability to long any asset's volatility and to build permission-free on-chain reverse and forward contracts for altcoins. Core features include Rebase Share to reduce liquidity provider risk, an elastic liquidity supply range, and a comprehensive liquidation engine. After two months of public testing, Qilin V1 is scheduled to launch on the Ethereum mainnet within a week. The recent funding will be used to develop Qilin V2, which plans permissionless liquidity pools, permissionless altcoin reverse contract trading, a reward mechanism for Rebase operators, a Uniswap-based oracle, a price-shifting mechanism, trading experience upgrades, and expanded wallet support. Qilin positions its technical innovation around on-chain risk control and dynamic liquidity supply for altcoins.

Led · Seed · Jul 2018

Fuel Games builds blockchain-based games and a developer platform called Apollo to enable decentralised, tradable in-game items. Its headline game, Gods Unchained, launched a pre-sale as the company positions itself as the world’s first blockchain eSport. The studio previously released Etherbots on Ethereum, which generated over $1M in in-game item sales within two weeks and saw single items trade for up to $18,000. Fuel Games aims to demonstrate that decentralising in-game economies is an evolution in gaming and to provide a seamless user experience that removes typical cryptocurrency friction. The founders, James and Robbie Ferguson, say the platform will let game developers integrate blockchain at scale and give players true ownership and secondary-market tradability. Raised capital is being used to develop games and build the Apollo platform to support wider adoption.

Participated · Equity · Apr 2018

Origin Protocol is a decentralized platform that helps creators, influencers, artists, and brands launch and auction NFTs. The company has hosted high-profile auctions and worked with celebrities including DJ 3LAU and Jake Paul, and staged the auction for the "Charlie Bit My Finger" video. Origin aims to expand NFT adoption among top-tier creators and mainstream consumers through education, marketing, and new use cases. The company announced that Paris Hilton has invested in Origin and joined its team as an adviser. Hilton is an active NFT collector and creator, having bought more than 130 NFTs and sold a piece called “Iconic crypto queen” for over $1.1 million. Origin’s co-founders said Hilton will provide strategic advice on delivering value with NFTs for creators, influencers, and brands. Origin Protocol provides infrastructure that lets developers and businesses build decentralized marketplaces on the blockchain for fractional usage of assets and services. Its platform enables buyers and sellers to discover listings, browse, make bookings, and leave ratings and reviews. The company has an existing prototype and plans to release a public beta in the coming months. Origin intends to use the newly raised funds to continue expanding development efforts. Founded in June 2017 by Matthew Liu and based in San Francisco, the company previously raised a $3.0M advisor round led by Pantera Capital in 2017. The recent financing strengthens its cash position to execute product development and beta launch plans.