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The Venture Codex

Elves Long Term Capital

Tenth Floor, 165 University Avenue, Toronto, ON, M5H 3B8, Canada

Overview

Elves Long Term Capital is a venture capital firm that invests in cryptocurrencies.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Finance
  • Venture Capital
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Investment portfolio

  • Venue One

    Participated · Seed · Jan 2022

    Venue One is building a non-custodial, decentralised, fast and global predictions protocol on the Algorand blockchain. The team says its core tech stack and smart contracts were finished in October 2021 and smart contracts were audited in November 2021. They have developed Algorand-specific infrastructure in-house, including oracles and a blockchain indexer, and resolved third-party password-less onboarding integration. Venue One completed seed and private financing rounds by December 2021 and reports those rounds were oversubscribed. Upcoming milestones include a testnet launch (Feb 22), mainnet launch, community AMAs, $VENO airdrops for community and early supporters, a strategic & community round, and a TGE/IDO/token listing. The team plans UI and roadmap updates and emphasizes long‑term focus on the Algorand ecosystem.

  • Polynize

    Participated · Seed · Dec 2021

    Polynize converts a proven analogue creativity game into a digital, blockchain-native platform that crowdsources innovation and mints resulting IP as tradable NFTs. The team plans to build an "innovate-to-earn" product with four components: a cross‑platform game engine, a data layer that quantifies innovation, an NFT marketplace for IP assets, and a hybrid "Polyverse" metaverse experience. Polynize says it has been operating as a profitable off‑chain business and validated its analogue game mechanics prior to this raise. The company assembled designers, engineers, executives and advisors to execute a six‑month build and go‑to‑market plan. With support from Meld Ventures, Algorand Inc. and the Algorand Foundation, Polynize is porting the product onto the Algorand network. The platform is scheduled to launch at the end of Q2 2022 with an inaugural Polynize Innovation Tournament for the Algorand ecosystem.

Team

No current team members are available.