💵"Top Blockchain Networks Ranked by Funds Raised YTD"
(c) Data collected by Coinseeker
1️⃣ EOS Network Foundation stands tall with a colossal $60M funding led by DWF Labs.
2️⃣ Scroll smoothly rolls in $50M, with Polychain Capital & Variant taking the investment lead.
3️⃣ Berachain locks in $42M Series A, championed by Polychain Capital.
4️⃣ Sei Network leaps with a $30M boost, joined by Multicoin Capital & Jump Crypto.
5️⃣ ZetaChain captures $27M, with Jane Street betting big.
6️⃣ Taiko Labs resonates a $22M win, orchestrated by Sequoia Capital.
7️⃣ Blast makes a $20M impact, supported by Paradigm & Standard Crypto.
8️⃣ Monad Labs seeds success with $19M, courtesy of Dragonfly's lead.
9️⃣ Omni Network gathers $18M, with Pantera Capital & Hashed chipping in.
🔟 Metatime clocks in $11M Seed funding, led by Yildiz Tekno GSYO.
1️⃣1️⃣ Neutron shines with $10M, co-led by Binance Labs & CoinFund.
1️⃣2️⃣ LayerAI smartly layers $10M Series A, led by DWF Labs.
1️⃣3️⃣ Radix plants a $10M flag, steered by DWF Labs.
1️⃣4️⃣ Conflux Network flows with $10M, led by DWF Labs.
1️⃣5️⃣ IOST secures $10M in a strategic round from BitValue Capital.
1️⃣6️⃣ Over Protocol raises an $8M round, with SK Inc.
1️⃣7️⃣ Fhenix rises with a $7M Seed from Multicoin Capital.
1️⃣8️⃣ Dymension carves out $6.7M in private funding, led by Big Brain Holdings.
1️⃣9️⃣ Artela crafts a $6M Seed round, led by Shima Capital.
Just got this charming HODL Mood candle 🕯 from a thoughtful crypto investor on InnMind, and it's already fueling our resolve to stay the course. 💪
To our fellow web3 founders and crypto investors: whether you're charting candles 🕯 or just need to lighten the mood, remember that the right mindset (and scent!) can ignite the path to the moon. 🚀
🚀 BLACK FRIDAY EXCLUSIVE ON INNMIND 🚀
This Black Friday, unlock the potential of your startup with an unmissable deal from InnMind: Get 50% OFF for 1 month on our acclaimed Fundraising Plan!
🔑 What’s in it for you?
- Access to Crypto Investor Networks: Connect directly with a global network of VCs and Angel Investors seeking to fund promising startups like yours.
- Tailored Fundraising Strategy: Gain insights from VC analysts & industry experts to refine your fundraising approach, making sure you stand out in the crowded investment landscape.
- Exclusive Resources: Leverage our tools and resources to perfect your pitch, financial model, and investment deck, setting you up for success.
+70 Connection Requests for Leadgen, BizDev, and Fundraising in Web3: Expand your network and increase opportunities with a focus on the cutting-edge web3 space.
🎯 Why InnMind?
- Trusted by Thousands: Join a thriving community of startups and entrepreneurs who've accelerated their growth with InnMind.
- Expert Support: Our team is dedicated to your success, providing personalized guidance every step of the way.
🎉 Special Black Friday Offer:
Promo Code: BLACKFRIDAY50
Discount: 50% off for the first month
Price: Just €24,5 for accelerated access to growth and funding opportunities.
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if you didn't yet read our recent article about pitching to web3 and crypto VC investors, highly recommend you doing so!
Читать полностью…... meanwhile, in Hackernoon: https://hackernoon.com/layerzeros-hype-train-a-deeper-look-into-defis-cross-chain-tech
Читать полностью…🔰 Maximize Investor Engagement
Founders, a simple yet powerful tactic to strengthen investor relations is sending a crisp, monthly update. This small effort can significantly boost their engagement and confidence in your venture. Here’s what to include:
☑️ Metrics & KPIs: Present clear data on your startup's performance. Highlight growth trends and milestones in user acquisition, transaction volumes, or any other key metrics relevant to your domain.
☑️ Financial Snapshot: Offer a straightforward Profit & Loss summary. Transparency in finances builds trust and can spark constructive feedback.
☑️ User Activity Insights: Share user engagement trends. In the volatile crypto market, this data is crucial for understanding market fit and user behavior.
☑️ Product Evolution: Update on new features, UI improvements, and tech advancements. In the fast-paced world of web3, staying ahead technologically is key.
☑️ Company News: Inform about marketing initiatives, partnerships, team growth, or PR achievements. Showcase your startup’s dynamic progress.
☑️ Investment Updates & Future Plans: Share any new funding, strategic shifts, or roadmap updates. Investors need to be in the loop about where you’re heading next.
☑️ Milestones & Celebrations: Highlight achievements that energized your team. It humanizes your startup journey and shares positive vibes.
☑️ Seeking Guidance: Don’t hesitate to ask for advice or specific support. Investors can offer more than capital; their experience and network are invaluable.
Keep your investors close and informed, and they'll be more likely to support you through the ups and downs of your startup journey!👆
🌟 PS: Connect with active crypto VC investors and angels on InnMind, and track new contacts in the Connection Dashboard 🆕
🚀 New Beta Feature Launch: Connection Hub. Connecting Web3 Professionals!
🌐 At InnMind, we understand that the key to success in web3 isn't just about what you know — it's about WHO you know. That's why we're thrilled to introduce the Connection Hub, your direct link to founders, investors, launchpads, service providers, mentors, advisors and other professionals in the web3 world.
✨ Why is this important?
The Connection Hub is the most straightforward way to network with real web3 professionals — investors, startup founders, protocols, and more.
Here’s how it works:
1️⃣ Send Requests Easily: Reach out to industry experts with a simple click.
2️⃣ Share Key Info Directly: Exchange Telegram handles, Calendly links, or emails right away.
3️⃣ Direct Communication Post-acceptance: Once your request is accepted, you'll gain direct access to their contact details. No middleman, no delays.
🔗 We're not here to lock you into yet another platform's messaging system. Our mission is to connect the dots, open doors, and empower founders to accelerate their business and fundraising endeavors.
💡 Beta Special: Dive in and test drive the Connection Hub! Your feedback will help us get better and become your handy business tool.
👉 Check it out now https://app.innmind.com/connections and start connecting with active web3 entrepreneurs!
Is Layer Zero really Decentralized and Secured?
It is not a random question. Amidst the buzz around Layer Zero's $293.3M funding and $3B valuation🤯, concerns linger over its security and decentralization (see Twitter and Medium).
But there's a new player turning heads: EYWA Protocol.
🌐 EYWA (eywa.fi), with a modest $5M+ in VC funding, is already a game-changer. Boasting 120+ validators in PoA and 700+ in PoS (Roll-DPos Consensus), it's not just a protocol; it's a cross-chain powerhouse with unmatched decentralization and security. Cherry🍒 on a cake: start partnership with Curve Finance with access to $300M+ of liquidity.
💡 BIG CASH doesn't always mean better. EYWA proves that resourcefulness and smart decisions can lead to extraordinary outcomes. They're live in mainnet and going for a public launch soon. We're so excited to observe this journey from an InnMind pitch session a year ago to potential unicorn status in the next bull run!
👏 Kudos to EYWA for thriving in a bear market and showing what true innovation looks like. Watch this space - the next big thing in cross-chain tech is emerging right here on InnMind.
And a few words from Abdul about today's VC pitch session 📅 that will be live streamed at 4 pm CET. Outstanding selection of web3 startups!
Читать полностью…🤝 Community Call to Action!
One of the startups from InnMind, Weld Money, is stepping into the spotlight, nominated for the "Ukrainian Fintech Startup of the Year" award by Payspace magazine! 🏆
Weld Money is making waves by merging crypto convenience with everyday finance, enabling crypto payments with Mastercard. They're not just a fintech startup; they're trailblazers for the Web3 economy, simplifying transactions for blockchain enthusiasts and the Metaverse community.
Let's rally behind innovation and show what our community is made of! Cast your vote and let's help Weld Money shine on the global stage. 🗳️💪
👉 Vote for Weld Money
Your vote matters – let's support our peers and push the boundaries of fintech together!
Post-Will McGuire's powerhouse "Growth Marketing in Web3" session, we've unlocked a treasure trove of tools exclusively for our premium members.
This is just a taste of what our members' community gets access to. Don't miss out on the next round of perks!
🔥 Want in? Upgrade your membership to any plan that suits you and start enjoying the full InnMind premium experience. Trust me, it's worth it.
🔍 Inside the Shadows of Crypto: The Rise of Dark Pools
In the quest for privacy amidst blockchain's transparent nature, dark pools are emerging as a sanctuary for anonymous trading. But what's the trade-off?
🌐 Renegade & Portal Gate are pioneering this space, offering a platform where buy and sell orders cloak in secrecy. Yet, unlike your typical DEXs, they don't promise instant liquidity.
☸ Mixers, a subset of dark pools, break links between wallets and assets to make it difficult to trace the source of funds. Dark pools not only break these links but also facilitate trading without revealing any information about the parties involved.
💡 Privacy Techniques Unpacked: Cryptographic marvels like Groth16 and UltraPlonk power these dark pools to safeguard transaction confidentiality.
🚀 The Liquidity Conundrum: A decentralized dark pool's success hinges on its ability to magnetize traders in droves for that crucial liquidity. It's a 'cold start' challenge that's as tricky as it sounds.
🤔 Privacy vs. Transparency: The eternal blockchain debate rages on. How much visibility is too much?
📖 Read More: Diving Into Dark Pools
Credits - Muhammad Yusuf
🔥 Going LIVE in a few! 🔥
Join our "Growth Marketing in Web3 Startups" Masterclass with the legendary William McGuire.
🎥 Tune in on YouTube and dive deep into actionable web3 growth strategies: https://youtube.com/live/0e_tTqNzZBA
Don't miss out on this game-changing session! 🚀
🔍 TON Ecosystem Report
Since our recent workshop with the TON ecosystem, they've showcased significant progress. As per the latest TON ecosystem report:
✅ TON accounts have surged to over 3.5 million.
✅ Active on-chain wallets are nearing 815,000, with an average daily gain of 1,392 new wallets.
It's evident that the crypto landscape is evolving. While established players have made their mark in 2021, the next bull wave might be dominated by emerging blockchain ecosystems like TON.
If you're a web3 startup, it's worth considering integration with TON's rapidly expanding ecosystem. Their growth metrics and strategic alliances signal a promising future.
🔗Read TON Ecosystem Report Q3 2023
🔔 Binance Settlement - Takeaways for Crypto Startups!
InnMind's latest blog dissects the recent Binance & CZ settlement, and what it means for every crypto startup.
🔑 Essentials:
Impact Analysis: how the settlement reshapes regulatory expectations.
Startup Strategies: actionable advice for startups to navigate these new norms.
Risk Mitigation: compliance and adaptive business models in the current crypto climate.
🌐 An essential read for all in the crypto space to stay informed and prepared: https://blog.innmind.com/binance-settlement-a-wake-up-call-for-crypto-startups/
SuperdDAO, that shut down its operations earlier this year, released a candid "Lessons Learned" post. They raised a whopping $11.5M and then decided to shut down. Their reason? The market wasn't big enough. 🤔
1️⃣ Market Size or Strategy?: They claim the crypto infrastructure space limited their growth. But is that the whole story? Was there room to pivot or capture a wider audience? Sometimes, what's shared publicly is just the tip of the iceberg.
2️⃣ Crypto's Real Impact: SuperDAO observed that crypto might stay primarily in financial apps, not broadening much into other real-world verticals. It’s a perspective, but the web3 world is full of surprises and rapid shifts... Don’t we know it?
3️⃣ The Art of a Graceful Exit: They claim the decision to close wasn't about failure but strategic foresight. Shutting down isn't easy, and it’s commendable they chose to return the remaining funds. But let's remember, every story has its untold chapters.
🔍 They've gone open-source with their work – from DAO platforms to wallet analytics and even HR docs. Definitely worth checking out for practical tools and insights!
👉 Here’s our takeaway: Remember, the real lessons are often between the lines. Understand your industry deeply, think critically, and learn to read between the lines. That’s where the true insights lie.
Stay sharp and skeptical, founders. We're in a complex game! 💪
Here's the post by SuperDAO CEO: https://superdao.notion.site/Superdao-Lessons-Learned-5a96317faec84bdfabe793ff3aa8bbfa
🔥 Just dropped: Our latest article on Web3 Fundraising! 🌐
Struggling to pitch to Web3 investors? We've got you covered with real insights and strategies that work, even in a bear market. 💡
🔑 Key Takeaways:
- Understand VC psychology: Know what drives their decisions.
- Articulate your value: Make your startup stand out.
- Craft a compelling pitch: Tell your story with clarity and impact.
But that's not all... 🌟
✨ We've included exclusive tactical & strategic advice from seasoned crypto VC investors (Waterdrip Capital, Stratified Capital, Insolvent Capital, DeepWaters Capital, etc.), VC analysts and founders who've successfully navigated fundraising during tough times.
🔗 Dive deep into the art of pitching in the Web3 world: https://blog.innmind.com/pitching-to-web3-investors-best-practices/
🔥 LIVE AMA w/ InnMind Founders: Fundraising, Bizdev & Leadgen in Web3 🔥
Join us this week for an exclusive sneak peek into InnMind's new tools designed to supercharge your web3 business. Our LIVE AMA session with the founders is your opportunity to discover new features, learn optimal platform usage for fundraising, bizdev, and leadgen, and directly influence our platform's future with your feedback.
What to expect:
- First look at innovative features on InnMind platform.
- Direct impact on development with your input.
- Engage with founders to enhance your web3 ventures.
Secure your spot now for FREE — space is limited to ensure quality interaction.
Note: There will be NO live stream. To join the in-depth conversation, register for the Zoom event via the link below
👉 https://app.innmind.com/events/invite/2023/10/23/yHqxWNzN7d6meAfGt
Can't wait to see you there this Thursday! ❤️
🔥 NEW in our Knowledge Base: the "Web3 Growth & Funding Toolkit".
If you're building in Web3, this is your go-to resource. Compiled from useful sources by Alex Sly from Star Protofol, it's packed with real, actionable tools and contacts.
No fluff, just stuff that works.
Inside, you'll find:
📎 Smart growth tools tailored for Web3 startups.
📎 A goldmine of over 150 blockchain grants.
📎 Direct contacts of 100+ active VCs in the Web3 realm.
📎 A list of crypto KOLs (Key Opinion Leaders) to connect with.
👉 Download for FREE here: Web3 Growth & Funding Toolkit
🚀"Top 10 Active Web3 Venture Capital Firms in 2023".
🔍 Last quarter, we brought you the top 20 VCs braving the bear market. This quarter, we're back with an updated, in-depth look at the movers and shakers in the Web3 investment world.
🔗 Read the full article here
🤝 Looking to connect with these top VCs? Discover how InnMind can be your bridge to these industry leaders. Join us for our next pitch session and get your project in front of the eyes that matter!
"Equity or Token raise?" – that's the question we often get asked.
Designing tokenomics at the very early stage of your startup (if it's not a blockchain infrastructure project) often makes no sense. But what if potential investors continue asking for token metrics and details?
🎥 In this exclusive snippet from InnMind Accelerate's private Q&A with investors, the founding partner at Mulana Capital cuts through the noise: Don't force a token if it doesn't fit your project's stage or strategy. Equity might just be your smart move.
🚀 BTW, this is just a glimpse of the actionable insights available to startups in our Web3 accelerator cohort.
Ever wondered how crucial expert pitch deck feedback is for founders? This video says it all.
🚀 A huge shout-out to our VC analyst Abdul Rahman for his game-changing insights, and a heartful 🫶 thanks to everyone in InnMind team, for limitless dedication to empowering web3 startups and standing for our values.
Watch the full recording of the previous Crypto VC Pitch Session here
#VCrating: Top 5 active web3 VCs that invested in October 2023 💸
Access to capital is hard this year. But deals are still happening. In October 2023 overall 235 VCs wrote 315 cheques according to Simplicity's report. Blockchain Infrastructure remains to be the most funded startup vertical.
Let's explore who was actually deploying capital in web3 and crypto startups during the last 30 days:
1️⃣ Polychain Capital invested in 3 startups during October 2023:
- Shrapnel (sci-fi extraction shooter game with NFT assets) - $20m series A round
- Noble (Generic asset issuance chain purpose-built for the Inter-Blockchain Communication (IBC) ecosystem) - $3.3m seed round
- Nocturne (Usable on-chain privacy for Ethereum) - $6m seed round
2️⃣ Variant Fund invested in 2 startups:
- Modulus (Bring powerful AI on-chain with specialized ZK) - $6.3m round
- Blockaid (web3 security) - $27m series A round
3️⃣ Bain Capital Crypto invested in 2 startups:
- Aera (Autonomous onchain treasury management for DAOs) - $8m seed round
- Nocturne (check 👆)
4️⃣ A16Z Crypto invested in 2 startups:
- smlXL (instrumented Ethereum Virtual Machine (iEVM)) - $13.4m seed round
- Blackbird (restaurant loyalty program that combines NFTs with VIP experiences) - $24m series A round;
5️⃣ 1kx invested in 2 startups:
- IYK (platform to enable Digi-physical Creation for Brands) - $16.8m seed round;
- Modulus (check 👆)
💡And if you feel ready to pitch to active crypto VCs, apply to pitch on our next VC pitching session on November 8th.
How do you keep your community engaged?
It's not yet late to join our Web3 Growth Marketing masterclass live stream 👉 https://www.youtube.com/watch?v=0e_tTqNzZBA
🚀 Decentralization: The Antidote to Bureaucratic Inefficiency
Watching HBO’s recent episode with Bill Maher & his take on the 'real' deep state, it's hard not to feel a mix of humor and frustration.
18 years to approve a wind farm? 🤬
$1.7 million for a single public toilet? 😲
This is the reality of a centralized system, where layers of bureaucracy create roadblocks at every turn.
But here's the thing: In the world of web3, we're not just following the rules; we're CREATING them.
Web3 is about more than just technology; it's a movement.
A movement to bank the unbanked, democratize access to finances, and eliminate intermediaries. It's about building a system that's efficient, transparent, and TRUSTLESS.
As we celebrate 🎂 Bitcoin's 15th birthday 🎈 today, let's remember the power of decentralization.
Let’s remind WHY we’re here.
Let's remember that while traditional systems may be bogged down by red tape, the web3 ecosystem is agile, innovative, and ever-evolving.
To all our web3 startups, crypto investors, and decentralized web builders: Keep pushing boundaries. Keep challenging the status quo. The future is decentralized, and it's in YOUR hands. 🌍
And InnMind is here to support you at every step!🧡