Extrawatts
Suadiye District Bagdat Street 393/1/22, Istanbul, 34740, Turkey
Overview
We strive to contribute a few extra watts to the secure, immutable, and decentralized internet. Adoption. Now.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Bitcoin
- Blockchain
- Cryptocurrency
- Incubators
- Software
- Venture Capital
Investment portfolio
- Deliq Finance
Participated · Equity · Mar 2022
Deliq Finance is a decentralized liquidity provisioning protocol built on the Avalanche blockchain to enable fast, scalable, low-fee EVM-compatible operations. Its core product is a Liquidity-by-Staking model that aggregates single-sided deposits into Deliq Liquidity Pools (DLPs) and deploys liquidity to exchanges to reduce slippage. Liquidity Providers stake assets into DLPs to earn yields while Liquidity Directors (market makers, DAOs, VCs) stake DLQ to direct aggregated liquidity to exchanges such as Trader Joe and Pangolin. DLQ is the native token (total supply 100 million, minted in phases with decreasing inflation) and is used for staking, directing liquidity, and rewards. The protocol aims to enable protocol-owned liquidity and long-term, cost-efficient liquidity bootstrapping for new DeFi projects. Deliq has announced an upcoming DLQ IDO on Polkastarter and plans to use IDO proceeds to seed liquidity into DLPs.
- Kudo Labs
Participated · Equity · Dec 2021
Kudo Money builds Unomi identity passports, a decentralised scoring protocol that aggregates on-chain activity across Ethereum, Polygon, BSC and Solana to produce programmable scores (0–100) like Credit, Airdrop, Hodler and Power‑user. These passports let users batch wallets, sync multi‑chain activity, and enable protocols to profile users for rewards, undercollateralized lending, airdrops and improved UX. The company says scores will help DeFi protocols assess creditworthiness and allow addresses with higher reputation to access borrowing, airdrops and farming opportunities. Kudo is developing an ecosystem of Web3 products (including Unomi and Bitquity) aimed at mainstream crypto adoption. Financially, Kudo closed a $4 million strategic funding round to accelerate development of the passport ecosystem. The company plans to decentralise identity infrastructure by launching a native token, $KUDO, with a public sale planned for Q1 next year.
Team
Yusuf Kaya
CFO
LinkedIn