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The Venture Codex

Ellipti

Seoul, Seoul-t'ukpyolsi, South Korea

Overview

Ellipti is an ecosystem builder for blockchain companies to navigate the market pursuing excellence with the right strategy and implementations.

Total investments
7
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Blockchain
  • Cryptocurrency
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Investment portfolio

  • Souq G-Commerce

    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.

  • Souq

    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.

  • NFT3

    Participated · Seed · Jan 2022

    NFT3 develops a unified decentralized identity (DID) and credit network for Web3 that uses NFTs as a portable identity layer and an NCredit identity graph for Web3 credit scoring. The platform’s first major use case is validated airdropping, enabling projects to airdrop only to real users by requiring an activated NFT3 DID. NFT3 positions its DID solution as a fix for bot-generated wallet address spoofing and to expose useful on-chain metadata for projects and platforms. The company aims to enable personal monetization paths tied to users’ data journeys across projects, social networks, companies and metaverses. CEO Dylan Dewdney, founder of Kylin Network, leads the effort and frames NFT3 as a gateway to mass adoption of Web3 products. The company recently closed a seed financing to support product rollout and expansion.

  • Aleph.im

    Participated · Equity · Jan 2022

    Aleph.im provides a decentralized, cross-blockchain network of nodes that offer serverless computing, indexing, and storage to blockchain, dApp developers, and organizations. The project has rolled out its first computing resource nodes and plans to activate storage nodes later this year to enable both decentralized processing and decentralized storage. The company says this stack will allow Web3 builders and protocols to fully decentralize their development stack. Aleph.im closed a $10M funding round to support execution of that vision and network rollout. The organization also announced a partnership with Ubisoft tied to NFT use cases around the same time as the funding. The article frames Aleph.im as competing with centralized serverless providers such as AWS Lambda and Microsoft Azure while targeting blockchain-native workloads within a serverless market the article cites as $3.1B in 2017 and projected to reach $21.9B by 2025.

  • DoinGud

    Participated · Seed · Sep 2021

    DoinGud is a blockchain-based creator ecosystem that enables creators to upload and sell NFTs while directing a portion of primary and secondary sales to pre-vetted social impact organizations aligned with the UN Sustainable Development Goals. The platform is designed to be accessible to users with no prior crypto or blockchain experience and supports allocation of 5%–95% of primary sales and 2.5% of secondary sales to charities. Founded in early 2021 and based in Zug, Switzerland, DoinGud plans to launch in November 2021 and already has a roster of established creators committed to the platform. The project emphasizes community ownership and curation, aiming to create sustainable income streams and lasting impact for causes creators care about. Financially, DoinGud secured a $5 million seed raise to develop new features and tools to make NFTs more accessible and to expand charitable-giving functionality.

Team

No current team members are available.