🚀The wild west of Layer 2 solutions
Ethereum’s scalability journey seems as a never-ending story starting with the rise of crypto-kitties, followed by the breakthrough of DeFi and still being as the forefront challenge for Ethereum’s network.
Layer-2 chains and their plethora of implementations is being offered as a sustainable solution to the scalability issue of Ethereum, being faster, more cost-effective and better suitable for real world decentralized applications.
Currently, more than 30 L2 chains exist in the ecosystem, competing against each other in multiple fronts; user activity, TVL, project launches and many more. Of course, user activity is not mutually exclusive, however liquidity is!
🚰 Liquidity fragmentation across the many L2 chains is being identified as a gap in today’s web3 ecosystem, striving towards world wide adoption by eliminating friction and barriers for the users.
The challenges of liquidity fragmentation:
1️⃣ Potential increases in transaction costs and delays when interacting with multiple bridges
2️⃣ Using multiple cross-chains bridges increases the exposure to potential hacks
3️⃣ Increase complexity of DeFi yield strategies
The vibrant community of web3 with its innovative founders is already tackling the problem of liquidity fragmentation, creating applications that aim to break the isolated pools of liquidity in L2 chains, promoting the seamless exchange of assets with 1-click solutions!
🔥Have a great week ahead, stay safe and don't forget to buckle up!
The cryptoverse is on the rise🔥
Happy Halving, Web3 fam 🥳 the Bitcoin block reward has halved!
After the halving, the BTC block reward was reduced from 6.25 BTC to 3.125 BTC.
What next? 😎
💫Introducing the following VC participating in our upcoming Pitch Session:
Ivan Maltsev, General Partner at 3x Capital
3x Capital - is an investment and advisory firm focused on web3 startups.
Firm was established in 2021 by 3 partners: Dima, Taras and Ivan. As of now team has invested in 52 ventures and did 25 successful exits.
Noteworthy among our investments are prominent names such as Mina, Flow, Immutable X, Biconomy, Umee, Tevaera, and others.
🚀Excited to join our regular pitch sessions? Apply here
Don't forget to tune in to our Pitch Session live on YouTube on April 24th, 14:00 CEST🙏
📊Supply-Side Tokenomics
InnMind official tokenomics partner, Coinstruct.tech shares deep insights about the supply-side tokenomics tactics.
🟡What are the right choices for vesting terms & cliffs, token distribution and token pricing?
🟡What FDV (Fully Diluted Valuation) to target and how to overcome excessive inflation, but to fairly reward users and guarantee a solid ROI for investors?
Get the answers here ⏩ https://blog.innmind.com/supply-side-tokenomics-supply-distribution-optimization-for-price-performance-cost-efficiency/
🚀Amazing opportunities by yard[hub]
🟠Dive into the Success of web3 Growth Camp's First Cohort:
· Investment: $50-100K investments secured by 3 program projects from yard[hub] and affiliated investors.
· Grants: Over $100K in grants facilitated by yard[hub].
· Exposure: Demo Day featured judges from top firms like Animoca Brands, Blockchain Founders Fund, HTX and more.
· Learning: 20+ workshops and talks by leaders from MasterCard, Sandbox, MoonPay, among others.
· Mentorship: 30+ personalized sessions with mentors.
· Networking: 50+ introductions made to VCs and key web3 players.
· Partner Benefits: $150k+ in partner benefits distributed to participants.
📈 About web3 Growth Camp:
12-week accelerator tailored for early-stage blockchain projects, culminating in a Demo Day with top web3 VCs. The unique zero-risk participation means you can try the first two modules (if you make it in, of course) without any obligations; a token and/or equity fee of up to 3% applies only if you continue beyond this trial period.
Why wait? The next big step for your project could start here, with no risks and all the potential rewards.
🔗 Explore more and apply here: https://app.innmind.com/viewServiceProvider/service-provider-yard[hub]-f5wcwbi6qasdlccar
🟠Enhance Your Startup's First Impression with a Free Pitch Deck Review!
A compelling pitch deck can make or break your opportunity to impress investors. So its crucially important to make it right as early as possible to aviod making hunderds of iterations on later stages.
To support this, Yard[hub] web3 Growth Camp offers a Free Pitch Deck Review for our startups on InnMind.
This isn't just about polishing your slides — it's about refining your vision to make sure it resonates with those who matter most.
Submit your pitch deck here for expert feedback through the form in yard[hub] expert profile on InnMind or get connected with the team directly!
How to Choose a Crypto Launchpad?
Launchpads vary in their offerings, providing different benefits to both investors and project owners.
They don't just facilitate fundraising, they also foster community engagement by offering incentives such as free giveaways or exclusive access to token sales, which contribute to the hype and momentum behind new projects.
However, determining which launchpad to use, whether you are a project owner or investor, involves considering a wide range of factors:
🟣Security and Legitimacy
Prioritize platforms with a solid reputation for security and legitimacy. Do your research to ensure the platform you choose is trustworthy.
🟣Project’s Performance
While past performance doesn't guarantee future success, it can be indicative of reliability.
Look for launchpads with a track record of incubating high-quality projects.
🟣Token Support
Consider whether the launchpad supports ICOs, IDOs, IEOs, or a combination. Ensure it aligns with your investment preferences.
🟣Blockchain Compatibility
Check which blockchain(s) the launchpad supports. The success of a project may depend on the underlying blockchain's viability.
🟣Trading Fees
Compare trading fees across different platforms to ensure cost-effectiveness when participating in token sales.
Here you can see all the parameters of the top launchpads based on multiple criteria and make a decision on which one suits you best!
🫢A lot of launchpads attract big communities of retail investors who want to make big gains post-presale and earn X on the launch moment.
However, few of them utilize effective mechanics to ensure that the community not only holds tokens longer but also remains highly interested in supporting the token price for an extended period.
We see this as a problem even with the top launchpads, and we are considering how we can contribute to ensuring that projects from our ecosystem shine not only after closed rounds but also after IDO/ICO.
Do you know any launchpads that meet these criteria?
Arcanum Ventures x Qualoo Network 🚀
We never cease to be delighted by how projects, after InnMind acceleration, continue to shine even brighter and raise smart money.
☄️We're excited to share an update from Qualoo, a project accelerated by InnMind, which has gained a great partner and investor - Arcanum Ventures.
Qualoo Network - an innovative, DePin diagnostic network for the worldwide internet.
You can learn more about the opportunity for acceleration by InnMind here⭐️
CrossCurve by EYWA – Finalists at Paris Blockchain Week 👏
You remember EYWA, a startup from InnMind, redefining cross-chain liquidity & building CrossCurve DEX?
This week their team rank among the TOP 4 finalists in the startup competition at Paris Blockchain Week! 🥳🏆
This is a fantastic achievement, as the team competes against the best web3 projects worldwide and aims for the grand prize of $10 million!
🔥 Let's show our support for the team & follow CrossCurve by EYWA on social media:
X: https://twitter.com/eywaprotocol/status/1778438480827228429
Telegram: @eywa_channel
🪙 Crypto Subscription for InnMinders
Unlock InnMind's suite of tools, VC connections, and exclusive opportunities using crypto! 💥
🔗 Pay with Crypto Across Chains: BNB, Optimism, Base, Polygon, Arbitrum via MetaMask & other web3 wallets.
🔐 Manage subscriptions & payments directly from your dashboard in Loop Crypto - upgrade or cancel anytime with a click.
📌 Loop Crypto is the Stripe for Web3.
Founded by crypto industry veterans & backed by a16z, Loop Protocol is the most flexible web3 payments infrastructure.
You can find their special perk for InnMind community - 2 months for free - here❕
🚀 And join Crypto InnMind here https://innmind.com/
Join the Crypto VC Pitch Session by InnMind @innmind & Venture Capital Community @venturecapitalcommunity
🗓 April 10th, 13:00 CET (11:00 UTC)
🚀 5 pre-selected hottest web3 startups will pitch seed rounds to crypto VCs and get funding:
💎Bitwala | self-custody NeoBank
Bitwala lets Early Adopters and the Early Majority live on Bitcoin by providing secure self-custody Web3 wallets backed by biometrics, adding instant euro payments using both your euro and crypto funds.
- 16,5k users on iOS and Android
- €5m transaction volume
- 60% monthly revenue growth
- Investors & Advisory: Blockchain Founders Fund, Claret Capital, HZ (Yabeo)
🎯SAFE + Token Warrant | Seed: $2M @ $8M FDV
💎Marsbase | OTC & RWA
MarsBase is AI-driven trading platform for illiquid assets utilizing RWA tokenization to provide a centralized platform for P2P transactions, Pre-IPO fundraising, order book trading, and secondary data collection.
- Working with Top-Tier such as LayerZero, Fuel, Scroll and more
- $1.2bn+ published deals
- Aggreagate more than 600+ Top Tier deals also M&A and Fundraise
- 1000 b2b2c clients (VC's, HNWI, DAO's, Family funds, Syndicates etc.)
- Execute 100+ deals for $25m+
🎯SAFE + Token Warrant | Seed: $1M @ $15M FDV
💎 Dexodus | DeFi
Dexodus is the first perpetual decentralized exchange with fully integrated copy trading.
- Arbitrum Testnet is a live
- 10k of Unique Wallets
- 2M Total Collateral Locked
- Partners: Alchemy, Biconomy, Chainlink, InnMind
🎯SAFT | Seed: $1.6M @ $33M FDV
💎 Pictographs | GameFi
A gamified Photo2Earn platform where community engagement and web3 model merge, allowing users to complete captivating photographic quests
- Top-5 participant in Linea Park Quest campaign
- Minted 1.2M+ NFTs
- 7k special NFT collection sold out within 19 days with 0 marketing budjet
- Over 2k gamers
🎯SAFT | Seed: $600k @ $6M FDV
💎 Rivo | DeFi
Yield Marketplace with Social Login to onboard $35B of crypto retail to DeFi
- $600k in total investment and swap volume
- Over 4k wallet connections and AA creations
- 1k unique investors
- Support from Ecosystems: Optimism, Avalanche, Polygon, Arbitrum, Mantle
🎯 SAFE + Token Warrant | Seed: $1M @ $12M FDV
🪐 For our cosmic communities:
we’ve planned the livestream on YouTube
Register on lu.ma - we'll send you the link and add the event to your calendar.
🪐 Do you want to request an intro?
Dm to @sveta_shirobokova
📌 See you on April 10th!
Thanks for media support to Shibuya Station and Cryptorsy.io
✅Ready-to-use pitch deck templates
InnMind team designed canvas for web3 startups tailored specialy for early-stage projects.
You just need to:
1️⃣ Download the template in PPTX
2️⃣ Add your details and unique value proposition
3️⃣ Pitch with a deck optimized for investor appeal
In our Knowledge base you will also find ready-to-use templates tailored also for startups in different areas of web3: NFT, Gaming, Metaverse, etc.
Get templates here 👉 https://app.innmind.com/kb/viewdocs
⚡️InnMind's Fundraising Boost Program for Selected Startups
Only 3% of founders receive any response from investors. That's why you got stuck with fundraising and have no clue why you are still not a unicorn. Let us help you on the way👇
🚀Join InnMind Fundraising Boost Program for web3 startups!
2 slots for April for our 9 weeks fundraising boost program are still opened.
Hurry up to turn your web3 startup into the hottest deal in the investor's eyes and help you open the right investment and partnership doors.
➡️ Learn the details and apply here ➡️ https://www.innmindextra.com/
Circulating Supply in Tokenomics | Low or High?🌋
Driven by a concern regarding inflation, builders in the web3 space frequently focus solely on the dangers associated with an excess of token supply in circulation. ⚠️
However, founders should also consider the converse scenario: the potential drawbacks of having insufficient supply available at the start.
That’s because when a token first launches it generally has:
- The highest trading volume
- High levels of irrational hype
- The lowest circulating supply the token will ever have
The combination of these factors can result in a large amount of FOMO buying, creating an unsustainable pump in price that immediately crashes once token emissions kick in - since that level of concentrated buying demand per unit of available supply simply can not be maintained as hype decreases and/or supply increases.
Instead of aiming to limit the supply only for the sake of keeping it low, the focus should be on aligning user demand with the liquid supply available.
🧑💻Practice:
1. You can utilize the Market Cap/TVL parameter to assess whether there is an excess of circulating supply compared to the Total Value Locked.
2. When launching a token, you can use a price discovery mechanism, such as a Dutch Auction or Liquidity Bootstrap Pool, in order to avoid severe imbalances in the initial token demand and supply causing a pump-and-dump.
🔥Find more practical tools and tokenomics strategies can be found in the new Coinstruct Channel (InnMind’s Official Tokenomics Partner).
⚡️Eesee Mainnet Launch!
A new gamified marketplace for digital assets, tokens and RWAs built on Blast and backed by Animoca Brands.
Why we are bullish:
• You farm 2 Airdrops at the same time (eesee + Blast)
• Great concept of Eesee
• Blast is not only one of the fastest growing communities in all of WEB3, but also a game changer
💎For the 7 days, until the 9th of April, 10 AM UTC, all users participating in the Mainnet will be able to earn points through completing quests and exploring the platform.
Complete these few steps:
• Go to eesee's official website
• Connect your wallet
• Complete challenges, join lots and invite your friends
Each point will propel you higher in the Mainnet Leaderboard giving you a chance to get a bigger reward after a snapshot.
Guide for farming campaign is here🔗
Crowd or Market Maker is the King in Crypto 🤔
While many think Market Makers are the key to pumping token value, we've learned some important things from working with startups and watching token launches.
▪️Market Makers' main goal is to earn money for the client’s treasury and keep token prices steady.
▪️A good Market Maker knows how to balance selling and maintaining price stability sometimes through the dumping the token.
▪️To judge a Market Maker, ask how much money they've made for their clients.
▪️Market Makers don't artificially pump up token prices, that's always a community's job.
So look for Market Makers who know how to get people excited about a token through community involvement.
Crowd is the King 👑
🪐Introducing the following VC participating in our upcoming Pitch Session:
Bernie Kong, co-founder of Langrenus Fund
Langrenus Fund is a boutique investment institute, leading in Web 3.0 Investment, SPAC Advisory, Capital Raise, and M&A for Emerging growth companies since 2019.
Investing in Web3 early stage, vertical agnostic (except GameFi, NFT and Metaverse)
🚀Excited to join our regular pitch sessions? Apply here
Don't forget to tune in to our Pitch Session live on YouTube on April 24th, 14:00 CEST🙏
🪐We are excited to introduce the following VC participating in our upcoming Pitch Session:
Danish Chaudhry, GP & Co-Founder of Paper Ventures
Paper Ventures is a pioneering investment firm, focusing on the dynamic landscape of emerging technologies.
This highly experienced venture team, despite the recent launch of the fund, actively invests in promising Web3 early stage and smartly supports its portfolio!
🚀Excited to join our regular pitch sessions? Apply here
Also, don't forget to tune in to our Pitch Session live on YouTube on April 24th, 14:00 CEST🙏
Hey there! We're excited to begin announcing the VC representatives for our Pitch Session on April 24th
💎Our first participant is Valeria Cheboksarova,
Partner at WebWise VC
WebWise is a Web3 and AI VC has been in this market since the last cycle with strong DeFi expertise & long-term investment thesis.
WebWise have impressive added value support for founders in pre-launch & post-launch promo of portfolio companies to over 150k engaged community from 100+ countries.
💎Excited to join our regular pitch sessions? Apply here
Also, don't forget to tune in to our Pitch Session live on YouTube on April 24th, 14:00 CEST🙏
Hope you're doing well during these crazy days in Dubai!
(Video footage from eyewitnesses)
Over the weekend, the market experienced significant movements🏎️
▪️On-chain analysis tool Lookonchain reported that whales, referring to wealthy traders with the power to influence token prices, acquired millions of dollars worth of meme tokens like cat in a dogs world ($MEW) and slerf ($SLERF), leading to an almost 80% surge in their prices within 24 hours.
▪️Additionally, profit-taking activities occurred ahead of the upcoming halving and amidst macroeconomic uncertainties, causing Bitcoin to decline from last week’s highs of around $70,500 to as low as $62,800.
This decline impacted major tokens, with some experiencing drops of up to 18%.
▪️Consequently, over $2 billion in futures positions were liquidated over the weekend, marking the highest liquidation volume since March.
Data from analysis tool Coinalyze indicates that over $1.5 billion of these positions were speculative bets on higher prices.
We're excited to support the Marsbase team and invite you to their amazing event🚀
Join Marsbase OTC BAZAAR in Dubai on April 16th at 7:00 PM for an electrifying event!
Dive into "Innovations in Web3 Secondaries and RWA" with top venture funds, private investors, brokers, founders, liquidity providers, and mysterious guests under one roof.
Get exclusive insights into Web3 secondary markets, engaging panel discussions, and a glimpse into the tokenized market future.
✔️ Secure your spot now: https://lu.ma/thxwj78v
Event Details:
📅 Date: Tuesday, April 16th
🕖 Time: 7:00 PM - 11:00 PM
📍 Location: Babushka, Pavilion at the Beach, JBR, Dubai
See you there! 🚀
🔥 First Week in Web3 Fundraising: 10+ VC Meetings and 3 Invest Commits in Just 7 Days!
The founder of CryptoDo shares experience after pitching on Crypto VC Pitch Session.
💬Connect with CryptoDo
📢 Last call! Meet in 1 hour at our Crypto VC Pitching Session!
🗓 April 10th, 11:00 UTC
🪐 Watch online the livestream on YouTube
🚀 Startup pipeline
Participating Investors:
👤369 Capital |👤Fusion7 VC |👤 Webwise |👤Peech Capital |👤 Asva Ventures |👤 Alphablockz Ventures |👤Trive VC |👤Zuala Capital |👤 Oriole Ventures|👤Novus Labs and many more investors watching live!
Do you want to request an intro to startups?
DM to our VC analyst @sveta_shirobokova
📌 See you in 1 hour!
💎Real Diamonds Arrive On-Chain
Placing traditional assets onto the innovative world of blockchain is one of the hottest narratives in crypto nowadays, indicative of the strong interested showcased by traditional finance corporations.
Founders are taking advantage of the RWA vertical within web3, building platforms which tokenize real estate assets, US-treasury bonds, art pieces and even precious gemstones.
In Q1 2024 we have seen a huge demand for RWA projects by our active VC community looking to deploy capital. It is essential to recognize the benefits offered by real world assets on-chain and thus understand the investment interest expressed by TradFi and Web3 VCs.
💧 Pool of liquidity to traditionally illiquid assets
Expensive assets are tokenized and thus divided into smaller fractions that are easily tradable and transferred using blockchain technology. The barrier of cost is minimised, expanding the scope of potential owners for assets like real estate.
🔓 Accessibility
RWA tokenization eliminates any barrier involved with geographical limitations. Anyone can access tokenized assets online from anywhere in the world.
🔁 Portfolio Differentiation
Web3 natives, VC firms, angel investors and many other stakeholders of the web3 ecosystem are looking for yield-bearing tokens with lower risk profiles. Tokenized real world assets perfectly fit this market gap by introducing traditional financial instruments on-chain, allowing investors to differentiate their portfolios while keeping all the benefits of DeFi.
‼️ In other news, the US government transferred 30,175 Bitcoins ($2.1B at the time of the transaction) to a Coinbase wallet on Tuesday, sending waves across the blockchain world!
50,000 Bitcoins have been seized by the US from the Silk Road website in late 2022. The transaction caused the value of Bitcoin to drop below the $65,000 mark. It is interesting to point out the reaction of the market to such news as well as the decision of the US Government to transfer the tokens to a centralised exchange.
Such a move may indicate that US believes the demand from the buy side is strong enough to absorb $2B worth of BTC. We are all here to see how this escalates!
The cryptoverse is on the rise🔥
AI Crypto Narrative
The intersection of AI and Web3 is one of the 🔥 crypto narratives this season.
Here’s an overview of the state of crypto AI. Anything missed?
Source
📢 Join the Crypto VC Pitch Session by InnMind & Venture Capital Community
Experience the power of synergy within our joint VCs and Startups Network!
🚀 5 pre-selected promising Web3 Startups
🗓 April 10th, 13:00 CET (11:00 UTC)
🪐 Do you want to be invited as a VC/Expert?
DM our VC analyst @sveta_shirobokova
🪐 For our cosmic communities:
we’ve planned the livestream on YouTube
Register on lu.ma - we'll send you the link and add the event to your calendar.
🌑 InnMind.com is one of the largest community platform for web3 founders & crypto VC investors.
The team of experts in the fields of acceleration and fundraising.
🌑 Venture Capital Community - is a vibrant and active network of investors, entrepreneurs, and industry professionals who are passionate about supporting and funding innovative startups.
📌 See you on April 10th!
Save the date! BITCOIN ASIA
Hong Kong, May 9-10, 2024.
🔥We are excited to tell you about the most anticipated event of the year within the Bitcoin Maxies community!
Bitcoin Asia will bring together the bitcoin community and the top companies, projects, and investors.
5K+ IN ATTENDANCE
500+ COMPANIES REPRESENTED
200+ TOP SPEAKERS IN THE INDUSTRY
Conference will welcome thousands of bitcoiners and feature hard-hitting keynotes and panels from the biggest names in bitcoin and beyond.
Come see old friends and forge new relationships!
Tickets with 10% discount by InnMind are available here 🔗