Participated · Seed · Mar 2022

Epic League specializes in online RPGs and a blockchain ecosystem centered on its first title, Dark Throne. The studio is finishing Dark Throne's alpha and plans to launch the game and its supporting platform in the first half of 2022, with two games planned for 2022. The Epic League Platform is designed to be guild‑friendly and to support players, guild managers, and community managers. The team includes developers behind Lineage 2M, Marvel Future Revolution, Marvel Future Fight, and BTS Universe Story, with Ji‑hyung Lee as Art Director and advisors such as Young‑hoon Baek and Thomas Vu. The company raised $1 million in seed funding to support its efforts. Epic League says its focus is to supply well-made games and a stable platform to lead the play-to-earn industry.

Participated · Seed · Feb 2022

Ethlas builds an integrated Web3 gaming ecosystem that aims to let players carry progress, items, and identity across games while making onboarding seamless. Its core products include a Hybrid Authentication Infrastructure that combines traditional social logins with blockchain interoperability and EthlasPay, a cloud-powered blockchain payment solution that aggregates transactions and reconciles them on-chain. The company has developed over 30 games and recorded more than 15 million gameplays, and is led by CEO Wui Ngiap Foo, the former head of technology at Grab. Ethlas operates with a team of about 20 game builders across Singapore, the Philippines and the United States. It is expanding cross-chain through a partnership with LayerZero to support Polygon, Ethereum, Arbitrum, Avalanche and the BNB Smart Chain. Ethlas also partners with projects like Doodles and DeFi Kingdoms to enable NFTs as playable characters and uses a multi-layered security approach with collaboration from GrabDefence. The company is positioning itself as a platform for both gamers and developers and has pursued features like gamified DeFi education via its PokPok DeFi infrastructure. Ethlas is a free-to-play, play-to-earn GameFi metaverse built on the Polygon chain that enables casual gamers to win and encash cryptocurrency through familiar games. Its in-game cryptocurrency is called $XGEM (Exchange Genesis Ethlas Medium) and the platform plans to mint a first NFT series, Komos, with five tiers intended to boost gameplay. The Komo NFTs are modelled after Komodo dragons and were scheduled to be available before end-February 2022. Ethlas is working with game studios to launch titles on its platform under a revenue-sharing model. The company said it will use the US$2.7M Seed funding to expand operations, grow its team, and develop its product. Ethlas is led by Gennady ‘Ari’ Medvinsky and Elston Sam alongside two other founders (one to be disclosed), and is headquartered in Singapore with offices in the San Francisco Bay Area, New York, and Manila.

Participated · Equity · Jan 2022

ALEX develops a decentralized finance layer tailored to the Bitcoin ecosystem. The protocol leverages Layer2 solutions, cross-chain bridges, oracles and additional infrastructure to enable Bitcoin-native DeFi. The team intends to continue building its financial layer on Stacks. The company completed a strategic financing to fund continued protocol and infrastructure development. The article does not disclose operating metrics such as revenue or user counts. The financing is positioned to accelerate ALEX's technical roadmap on Bitcoin-focused stacks. ALEX is deploying its mainnet on Stacks to bring permissionless DeFi to Bitcoin, offering fixed-rate, fixed-term lending and borrowing without risk of liquidation. The platform also includes an advanced decentralized exchange, yield farming, and a launchpad where community members vote on token listings. ALEX’s native token $ALEX opened at $0.32 for the Stacks community on January 10 and will be available for staking at mainnet on January 17. On testnet, over 19,000 unique addresses accessed ALEX and more than 110,000 transactions were processed. The protocol has completed audits with CoinFabrik and Lease Authority and aims to activate dormant bitcoin holdings, citing the potential to mobilize over $1 trillion of idle bitcoin. Financially, ALEX has secured recent financing including a $5.8M round and an additional $2M oversubscribed private round, and plans a retail IDO.

Participated · Equity · Jan 2022

TooNFT is a blockchain-oriented webtoon platform launched on the Toomics ecosystem to introduce NFTs to the comics and webtoon industry. The company raised $1.75 million in early-stage financings (private and seed) to begin building its NFT infrastructure. TooNFT aims to create a next-generation, decentralized webtoon ecosystem that enables writers to attract P2P investments without intermediaries and to integrate content with blockchain distributed ledger technology. Planned features and improvements highlighted in the release include easy-investment access for regular users, staking and reinvestment opportunities, secure and transparent data, and a dependable service model. The platform was launched atop Toomics’ distribution, and the release cites Toomics’ large user reach — about 50 million active web users and over 10 million app downloads — while elsewhere noting up to 7 million MAU and roughly $60 million in annual centralized sales.

Participated · Seed · May 2021

Spherium Finance provides a comprehensive DeFi ecosystem that includes decentralised money markets, an asset swap platform and a non-custodial wallet. The project currently offers tools such as a decentralised asset swapping platform, a non-custodial wallet and SphereComp, a decentralised money markets module built on the Ethereum blockchain. The team brings expertise in fintech, law, AML/KYC and smart contract development to build a secure, trustless ecosystem. The company recently closed oversubscribed seed and private sale rounds raising a total of $3.3 million. Proceeds will be used to further bootstrap development of the platform’s products in the coming months. Spherium is preparing a public IDO in the coming days to expand access to its offering.