EI Ventures
1215 S Kihei Rd, #424, Kihei, HI, 96753, United States
Overview
EI Ventures is a unique startup venture studio focused on the future of decentralized finance and cryptocurrency applications. El Ventures specializes in the fields of blockchain, cryptocurrency, and incubator.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Blockchain
- Cryptocurrency
- Decentralized Finance (DeFi)
- Incubators
- Venture Capital
Investment portfolio
- Unstoppable Domains
Participated · Series A · Jul 2022
Unstoppable Domains operates a blockchain naming system and identity platform that lets users create usernames for crypto and build decentralized digital identities. It mints each domain as an NFT on the Ethereum blockchain and offers TLDs such as .crypto, .coin, .bitcoin, .x, .888, .nft and .dao. Since launching the platform in 2019 the company has helped register over 2.5 million domains and has generated more than $80 million in sales. Domains are sold for as little as $5 and the platform integrates with over 300 applications, including OpenSea, Coinbase Wallet, Rainbow, Chainlink, Brave and ETHMail. More than 150 dApps support its Login with Unstoppable single sign-on for Ethereum and Polygon, addressing wallet-address usability issues. CEO Matthew Gould said the company aims to onboard billions of people onto Web3 through NFT domains that unlock user-owned, private, and portable identities. Unstoppable Domains builds domain names on blockchains and sells its own extensions directly to consumers. The company recently launched its first extension, .zil, with pre-orders open and a public auction beginning June 20th. Blockchain domains replace crypto addresses with human‑readable names and enable uncensorable websites by storing domains in users’ wallets and content on IPFS or other decentralized storage. Unstoppable Domains removed renewal fees for blockchain domain purchases and sells domains at unstoppabledomains.com. The company announced a $4 million Series A led by Draper Associates and previously raised a $730,000 seed in December 2018 from Boost VC; it has also received grants from the Ethereum Foundation and the Zilliqa Foundation. The firm plans to use the funds to expand its product team, build integrations with more wallets and exchanges, and hire sales and marketing talent.
Team
No current team members are available.