• BAC Games

  Participated · Seed · May 2024

  BAC Games is a collection of casual Web3 games. Its first game, Blast Auto Clubs, has opened a group-to-earn mode. The company recently completed a $1.5 million seed round of financing. Named investors in the round include Hash Global, Matr1x, GateLabs, Stratified Capital, W Labs and Nothing Research, alongside individual backers such as Joseph A.C. Lloyd, Laobai, Piers Kicks, Saku, Victor and Ash. BAC Games plans to conduct an IDO at the end of May.

• Hedgehog Protocol

  Participated · Seed · Mar 2024

  Hedgehog is a protocol focused on hedging volatility in crypto transaction fees. Its core product is an asset whose price is intended to reflect current transaction-fee (gas) levels on Ethereum. The team’s stated goal is to provide market participants a way to hedge large swings in on-chain transaction costs. Hedgehog completed a $1.5 million pre-seed financing to advance development. Named investors and angel backers from the round signal early institutional and protocol-native support for the idea. The company’s immediate financial position is supported by the announced pre-seed capital, which should fund further product development and adoption efforts.

• MYSO Finance

  Participated · Seed · Apr 2022

  MYSO Finance is developing IKARUS, a zero-liquidation loan protocol that lets users borrow without liquidation risk while offering liquidity providers yield for bearing that risk. IKARUS is structured like a DEX, with individual borrowing markets and liquidity pools per token pair where LPs provide both assets and borrowers post one asset as collateral. The protocol is oracle-independent: repayment and settlement rely on incentives rather than external price feeds, and LPs receive either interest payments or the pledged collateral if borrowers don’t repay. LPs earn a risk premium determined by supply and demand, and MYSO describes their risk profile as comparable to option-writing strategies. The company will deploy the $2.4M seed to accelerate IKARUS development and to combine DeFi concepts with TradFi in future products. MYSO was founded in early 2022 after being awarded at the ETHOnline hackathon in October 2021.

• Galleon DAO

  Participated · Seed · Feb 2022

  Galleon DAO is a decentralized autonomous organization that completed a seed funding round on Feb 1, 2022. The DAO raised $1 million in a Seed funding round. Investors named in the article included Fire Eyes, 1kx, AngelDAO, Nick Chong, Anthony Sassano, MEXC Global, Sandeep Nailwal, Nothing Research, MetaPortal DAO, SW DAO, Jack Sun, long-term Set ecosystem community members, and others. The article provides brief descriptors for some investors: Fire Eyes is a governance division birthed from Raid Guild; 1kx is described with the phrase “Decentralized Token Economies Will Transform The World”; AngelDAO is called a distributed systems investment collective. The article does not disclose operating metrics, valuation, or use-of-proceeds.

• AscendEX

  Participated · Series B · Nov 2021

  AscendEX operates a cryptocurrency financial platform that provides spot and futures trading, custody, staking, wallet infrastructure, and yield products such as AscendEX Earn and cross-collateralized staking. The platform services over one million retail and institutional clients and reports more than $200 million in average daily trade volume. AscendEX acts as an infrastructure partner to blockchain projects, operating as a validator and yield-farming portal for over 60 token projects and claiming staking support for over 200 blockchain projects. The company supports initial exchange offerings (IEOs) and offers auxiliary services including token economics consultation, liquidity strategies, staking support, and global marketing. AscendEX emphasizes bridging centralized and decentralized finance and provides products that let users generate yield while trading on leverage. The company launched as BitMax in July 2018 and is headquartered in Singapore.

No current team members are available.