Participated · Seed · Aug 2022

GitPOAP integrates POAP issuance into GitHub to bridge off-chain contribution platforms and the on-chain world of DAOs and decentralized identity. The platform identifies meaningful contributions via configurable patterns and awards claimable POAPs when contributors sign in with their GitHub accounts. It serves two user groups: contributors, who gain public, immutable records of their work, and project leaders, who can recognize and nurture contributor communities. GitPOAP is memorializing contributions to 617 repositories at the center of the Ethereum ecosystem, including protocol and client teams and major tooling and infrastructure projects. Led by CEO Colfax Selby, the company plans to grow its team, onboard more projects, and build integrations to add utility to its ecosystem. The product positioning focuses on turning socially-sourced contribution records into a web3 representation of identity and community engagement.

Participated · Series A · Jul 2022

Mona is a San Francisco-based metaverse world-building platform that lets creators build, mint, and sell interactive metaverse worlds as NFTs. The browser-based platform is free to create and accessible via web browser, with creators able to mint worlds on Ethereum or Polygon. Creators are using Mona to build photorealistic architecture, mesmerizing art, dynamic 3D gardens, immersive POAP scavenger hunts, virtual events and concerts, and escape rooms. Co-founded by Justin Melillo and Matthew Hoerl, Mona provides both a platform and a network for creators. The company plans to use the funding to grow its global community of builders and onboard thousands of new creators to the open metaverse and web3. More than 3,000 builders are already using the platform to design and mint online worlds, launch immersive exhibitions, and host concerts.

Participated · Seed · Jun 2022

CharmVerse is a DAO operations platform. Foresight News reported that CharmVerse completed a $3.8 million seed financing. The reported seed round included participation from a broad group of investors. Named investors include Spartan Group, Culture3, Red Building Capital, OpenSea Ventures, Alliance DAO, Orange DAO, Builder Capital, POAP Ventures, Global Founders Capital, Tensility Ventures and GSR Ventures. The article did not provide additional operational or financial metrics or detail on use of proceeds.

Participated · Seed · Jan 2022

POAP (Proof Of Attendance Protocol) is a Web3 protocol that mints NFT badges as mementos of event attendance, using QR codes to distribute collectible tokens that can unlock communities and future drops. Its product suite includes Ethereum-backed polling, raffle mechanics and private chat verification tools tied to badge ownership. Users receive NFTs as visual badges that serve as proof of participation and can be used for community gating and rewards. The company raised a $10 million Seed round to support growth. POAP experienced an overwhelming influx of spam in 2021 that slowed the platform. It plans to use the new funding to invest in its application and platform layers to improve reliability and scalability.