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The Venture Codex

PAKA Fund

Beijing, China

Overview

PAKA is a DAO-driven venture built by Polkadot ecosystem builders. They only focus on long-term success in Web3.0

Total investments
3
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Web3
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Investment portfolio

  • N3MUS

    Participated · Seed · Nov 2024

    N3MUS is a Road Town, Tortola, British Virgin Islands–based Web3 gaming ecosystem led by CEO Neal Peters. Its core offerings include N3MUS ID (an account‑abstracted wallet for gaming studios), N3MUS Tournaments (a competitive skill‑based events platform), and a Game Hub that aggregates titles. The company focuses on enabling cross‑chain interactions and cross‑community gaming experiences to bring blockchain into mainstream gaming. N3MUS says it has a library of over 200 games and 55,000 monthly active players. The company intends to use new funding to advance onboarding, tournaments, and cross‑chain gaming experiences.

  • Fanton

    Participated · Seed · Aug 2024

    Fanton Fantasy Football operates a blockchain-based fantasy sports platform integrated within the Telegram ecosystem. The platform lets users create and manage fantasy teams, compete with other players, and earn rewards enabled by blockchain technology. The company raised $1M in Seed funding to support its growth. Fanton intends to use the funds to expand operations and accelerate development efforts. The platform has attracted over 3 million users and more than 300,000 connected wallets. Fanton is positioned in the SocialFi gaming space and targets growth among fantasy sports enthusiasts worldwide. Fanton Fantasy Football is a gaming platform that combines traditional fantasy football with NFT and cryptocurrency mechanics, including NFTs representing players and seamless Web3 payments via Telegram. The product launched to early acclaim, earning Product Hunt’s “Product of the Day” and attracting both players and investors. Fanton plans to use new funding to expand services and add features such as 'Play with Friends', personalized tournaments, and smart gaming strategies to boost engagement. The team emphasizes tight integration with the TON ecosystem and Telegram to simplify gameplay and payments. Fanton has also pursued strategic partnerships, including an alliance with Cointelegraph Accelerator, to broaden its reach within Web3. The company positions itself to grow its community and deepen its role in the TON network. Fanton has developed a TON blockchain fantasy football game that operates on Telegram, where users create and manage teams by selecting player cards. The game mimics tournaments from the top five European leagues and the Champions League, and players score points based on real-world match outcomes such as goals, assists, and clean sheets. Players can make tactical adjustments to their teams until the registration period ends, and the primary objective is to achieve the highest score to win prizes paid in TON cryptocurrency. Led by CEO Eldar Khayretdinov and COO Vadim Sterlin, the company plans to use the new funding to accelerate growth within the TON ecosystem. Fanton raised $300K in a pre-seed round at a $5M valuation, reflecting early-stage backing. The round was led by First Stage Labs, Yolo Investments and Existential Capital, and included business angel Emanuele Costa.

  • VIP3

    Participated · Seed · Aug 2023

    VIP3 operates an all-in-one web3 benefits and membership platform that issues membership cards as soul-bound tokens (SBTs) built on the ERC-721 protocol. The platform enables members to access substantial rebates (40%–100%) on transaction fees from major centralized exchanges, mint NFTs without gas fees, receive a 60% discount on swap fees, and earn token rewards and airdrops for participating in top crypto projects. By using SBT-based membership cards, other web3 platforms can recognize members’ identities at minimal cost, letting users unlock discounts and benefits across integrations. VIP3 plans to use its recent funding to accelerate product development and expand its user base. The company closed a $2M seed financing to support those efforts. Backers named in the round include IOBC Capital, ANKR, PAKA Capital and others.

Team

No current team members are available.