The Venture Codex

Participated · Seed · Nov 2025

WorkQuest operates a workforce automation protocol that blends blockchain trust mechanisms with artificial intelligence to create a borderless, verifiable labor marketplace. Its upgraded platform features an AI job-matching engine, cross-chain execution layer, DAO governance, and integrated work-to-earn and DeFi modules, allowing employers and freelancers to transact directly without intermediaries. Users interact via smart contracts, receive payments in stablecoins, and build immutable on-chain reputations, addressing common pain points such as high fees and unverifiable ratings on traditional platforms. Early traction has come from freelancers, small-to-medium businesses, and workers in developing economies who require reliable access to jobs and payments. With the new funding, the company will prioritize AI deployment, a full platform relaunch, and the activation of community DAO governance. Founder & CEO Andrii Kotsur positions WorkQuest as the future global standard for transparent, automated employment. Although specific revenue or user numbers were not disclosed, the company underscores growing demand for trust-minimized remote work solutions. By bridging real-world employment needs with decentralized technology, WorkQuest aims to capture a share of the expanding global freelance and remote work market.

Participated · Seed · May 2024

Crestal develops tools and services to explore, evaluate, and implement performance-driven modular services aimed at supporting a decentralized future. The company positions its product set around modular components intended to improve decentralized architectures and says investor support validates market demand. Crestal announced it has completed a $2 million funding round. The round included institutional investors LIF, Cogitent Ventures, Kyros Ventures, Veris Ventures, SMAPE Capital, MH Ventures, Layer Labs, Pragma Ventures, Builder Capital, NxGen, Artemis Capital and Quotient Ventures. Several industry leaders also participated as backers, including Sandeep Nailwal, Loi Luu, Thomas France, Hassan Ahmed, Chef Icy, Heslin Kim, Andrew Vranjes and Paul Taylor. The announcement did not disclose operating metrics or the instrument type used in the raise. Crestal linked to its LinkedIn post for additional information.

Participated · Equity · Apr 2024

BonusBlock operates an on-chain marketplace and offers white-label solutions to help Web3 projects onboard and verify high-quality users using AI analysis. It addresses Web3 acquisition challenges where quest platforms are dominated by bots by providing transparent, provable quality scoring based on smart-contract and transaction-level interactions. The company says its AI scales trust and delivers clear quality-level scoring to distinguish genuine users from gamified or mercenary bot activity. BonusBlock reports more than 4M+ users interacted across all protocols and contribution to more than 10M+ on-chain transactions, and it has worked with 30+ projects including Injective and Xion by Burnt. Notable IDO traction includes Bybit (over 104k), ApeTerminal (Total Assets Connected $322M) and EclipseFi (first IDO filled in under 23 seconds). The on-chain marketplace is scheduled to go live in early April and the company has onboarded high-value KOLs.

Participated · Equity · Mar 2024

Scallop is a developer of a DeFi Neo‑bank application that provides DeFi‑driven banking products. Its platform aims to benefit everyday life and help bring cryptocurrencies into the mainstream. The company focuses on integrating DeFi into banking use cases for everyday users. The article reports that Scallop has received a strategic investment from DWF Labs. No financial terms, operating metrics, founding year, or location are provided in the report. Scallop builds a Neo-bank application that integrates DeFi-driven banking products. Its core product aims to make daily financial activities benefit from decentralized finance. The company positions its services to help bring cryptocurrency into mainstream use. Scallop emphasizes consumer-facing banking features powered by DeFi. Recently it announced completion of a $3 million strategic financing, reflecting external investor interest in its product direction.

Participated · Equity · Dec 2023

EclipseFi is a Cosmos modular multi-chain token issuance platform. It aims to address launchpad cross-chain user experience and sustainability challenges. The platform implements smart accounts and a cross-chain architecture to solve those issues. EclipseFi completed a $1.9M strategic financing. Participating investors include Big Brain Holdings, Rarestone Capital, Momentum 6, NxGen, Crypto Banter, Cogitent Ventures, Token Metrics, Kyros Ventures, Faculty Group, Master Ventures, Ivan on Tech, Brian D Evans, Danish Chaundry, and Gainzy. The article does not report revenue, user metrics, founding year, or location.