Fomocraft Ventures
Hong Kong Island, Hong Kong
Overview
Fomocraft Ventures collaborates with crypto startups to launch their entrepreneurial dreams.
- Total investments
- 4
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Blockchain
- Financial Services
- Venture Capital
Investment portfolio
- SOMA.finance
Participated · Seed · Jan 2022
SOMA.finance operates a decentralized marketplace for digital assets, compliant digital securities, and NFTs. It is a joint venture between DeFi platform MANTRA DAO and Tritaurian Holdings, owner of FINRA‑licensed broker‑dealer Tritaurian Capital. The platform aims to be a fully compliant decentralized exchange and suite of products for institutional and retail investors, offering built‑in KYC/AML and a permissionless regulated AMM. SOMA.finance plans to enable trading of digital assets of all kinds, including STOs and NFTs, and to support listings under Regulation CF, Regulation D, Regulation S and Regulation A. Led by John Patrick Mullin and Bill Heyn, the company intends to offer its services globally, including in the United States. It recently closed a Seed funding round to finance these efforts.
- AAG Ventures
Participated · Equity · Dec 2021
AAG Ventures operates a Play-to-Earn guild and is developing P2E and Learn-to-Earn platforms that let players earn crypto while playing and learning transferable skills. The company is advancing an L2E product that rewards users for learning skills such as math and programming in a gamified format. AAG plans to launch beta versions of its P2E and L2E platforms in 2022 and to expand its guild operations globally. The guild currently includes more than 2,000 scholars across the Philippines and six other countries. Leadership includes co-founders Nelly Sutjiadi (Co-Founder and Chairwoman) and Jack Vinijtrongjit (Co-Founder and CEO). AAG states a broader goal to bring 100 million people onto the metaverse by 2030 to spread economic sufficiency.
- Good Games Guild
Participated · Seed · Oct 2021
Good Games Guild is a decentralized ecosystem focused on GameFi, play-to-earn protocols, and NFT-based gaming. Its GGG token is central to the project’s tokenomics and will entitle holders to periodic rewards, exclusive content, and voting rights on upgrades. The team completed a strategic funding campaign that raised a net amount exceeding $1.7 million. Management plans a triple IDO on Seedify, Ignition and MoonStarter, to be launched on Binance Smart Chain and Solana in early November 2021. The CEO frames the project as a movement aiming to build a large metaverse economy and grow to millions of guild members. OKEx Blockdream Ventures highlighted the project’s DAO-like structure and potential impact on the NFT and play-to-earn ecosystem.
- Royale Finance
Participated · Equity · Jan 2021
Royale Finance, led by CEO Giorgio Andrews, builds a cross-chain DeFi solution that uses liquidity pools to provide funding for iGaming startups that implement provably fair random number generation. The platform creates Web 3.0 smart-backed liquidity and operates a stablecoin collateral pool that disperses loans to iGaming developers while allowing them to retain equity. ROYA is the ecosystem governance token used to coordinate DeFi liquidity providers and to vote on which games to support. The protocol optimizes liquidity pools to provide sustainable yield and supports provably fair algorithms to increase transparency in online gambling. Following completion of their Version 1 Web 3.0 App, Royale plans to build a suite of provably fair games for online casino operators and transition the project to a Decentralized Autonomous Organization as the tech stack and ecosystem develop. The company raised $1.45M to expand its development efforts and to merge DeFi with the multi-billion-dollar iGaming market.
Team
Nicholas Krapels
Founder, CSO & CIO
LinkedIn