HBAR Foundation
George Town, Cayman Islands
Overview
HBAR Foundation acts as an integrated force multiplier to help builders and creators overcome the challenges of bringing their ideas to market.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 4
Investment portfolio
- Zoop
Participated · Seed · Oct 2022
Zoop builds an ecosystem of officially licensed celebrity digital trading cards that fans can buy, sell, trade, and collect via a user dashboard. The platform layers in in‑platform games and fan rewards that can unlock exclusive content and community access. Celebrity avatars are a cornerstone of the product and — through a partnership with Ready Player Me — can be used across compatible apps and games to increase utility. Zoop states talent on the platform receives 70% of revenue from all sales generated through the service. The company is positioning its product for a global launch and emphasizes low barriers to Web3 entry for mainstream fans. Announced partnerships with the HBAR Foundation and Ready Player Me are intended to support growth, interoperability, and secure transactions on Hedera.
- Calaxy
Led · Equity · Jun 2022
Calaxy is a web3 social marketplace that lets creators mint their own cryptocurrencies (social tokens), sell NFTs, and build direct monetizable economies with fans. The company was founded in 2020 by Solo Ceesay and Spencer Dinwiddie and has grown to about 200 creators. Each creator can mint tokens that fans buy to access experiences or trade value for social engagements; tokens are currently pegged 1:1 to USDC so fans avoid volatility. Calaxy positions its product as an experiential marketplace combining elements of Patreon and Cameo while shifting ownership and value to creators. Leadership says tokens may eventually be dynamically priced based on market demand and finite supply. Financially, the company recently raised new strategic capital and previously closed a $7.5M seed in 2021; management plans to hold the fresh capital as a reserve for bearish days and later use it to expand platform and products.