GM and welcome to Dove Dispatch #46!
Dove Metrics is sponsored by BarnBridge - a protocol for tokenized risk, that enables users to calibrate their exposure to different risk vectors within DeFi. Its SMART Alpha application gives you more control over exposure to the performance of digital assets.
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Last week 49 projects announced fundraising rounds:
Backed ($3.2M) | Fully backed, tokenized stocks on Ethereum — with participation from Mindset Ventures, and Exor Seeds.
AFKDAO | A full lifecycle NFT liquidity solution for a play-to-earn economy in an open and composable manner — with participation from DFG, Froyo Games, GBV Capital, Jsquare, LucidBlue Ventures, Multitude Tech Corp, Reframe, SevenX Ventures, TEOH Capital, and 151East.
GOALS ($15M) | A gameplay-first football game — with participation from Northzone, Cherry Ventures, Moonfire Ventures, Gerard Pique, and Nicolas Julia.
Waterfall DAO ($2M) | A decentralized structured fund that focuses on the risk classification and composability of assets — with participation from Lancer
Capital", Stars Capital, Gluchain Capital, ChainUP, TsingTing Capital, Block Patch, Metamind Venture, Swtt Foundation, and Ticker Capital.Moneybox ($46M) | A mobile savings and investment app — with participation from Fidelity International Strategic Ventures, and Polar Capital.
Polemos ($14M) | A global ‘Play-to-Earn’ Guild focused on player education and competitive play within leading NFT games — with participation from Framework Ventures, Delphi Digital, QCP Capital, GoldenTree Asset Management, IOSG Ventures, and LD Capital.
Kwota ($1.65M) | Carbon credits marketplace — with participation from Change Ventures, Wise Guys Ventures, Lemonade Stand, Greenco Ventures, Vestman Energy, and Jānis Krūms.
Hivemapper ($18M) | The world's first blockchain-based global map & crypto miner dashcam for decentralized mapping — with participation from Multicoin Capital, Craft Ventures, Solana Capital, Shine Capital, 75 & Sunny, Spark Capital, Founder Collective, Homebrew, and others.
IEX | The U.S. equities exchange — with participation from FTX.
Sequoir ($1.7M) | Providing Bitcoin trading APIs to power banks, credit unions, and Web 3.0 — with participation from Wisconsin Investment Partners, Tundra Angels, and Grey Elephant Solutions.
Kandola Network ($450k) | A real-time decentralized chip-to-cloud IoT protocol and real-time NFT — with participation from Arcanum Capital, Alpha Wave Global, Sandeep Nailwal, Harsh Rajat, Kenzi Wang, and Mayur Relekar.
Anime Universe | The ultimate universe for anime fans, gamers, and artists to buy, watch, read and play.
Cyphergram ($100k) | Secure personal data collaboration platform for immutable, encrypted, and convenient storage and processing of personal data online.
Wert | User-friendly payment tools for NFT marketplaces — with participation from Digital Horizon, Element Ventures, JDAC Capital, Tezos Foundation, VR Ventures, and Tagus Capital.
Metaforo | Connecting people for decentralized communities — with participation from SNZ Holding, Mask Network, Hash Global, GSR, CyberConnect, and Arweave
ILUMA ($3M) | The AI operating system for DAOs — with participation from
ReadyPlayerDAO ($10.2M) | A DAO for The Players — with participation from The Chernin Group, Sterling.VC, 1kx, Hashed, and ConsenSys Mesh.
Qurable ($500k) | First marketplace 3.0 to buy, sell and discover the most exclusive blockchain-based phygital assets.
One World Nation ($2M) | Building Gaming Metaverse where the virtual world is controlled by real-world events — with participation from Better Capital, Cloud Capital, IndiGG, and Polygon Studios.
Swapin ($2.28M) | Ultra-fast payments between Crypto and Banks — with participation from Evald-Hannes Kree.
nous.systems | The people's hedge fund.
Trisolaris ($4.5M) | #1 Dex on NEAR's Aurora EVM — with participation from Electric Capital, Jump Crypto, Dragonfly Capital, Lemniscap, and Ethereal Ventures.
GEMS ($5M) | GameFi & Esports 3.0 Platform — with participation from OIG Investment Group, Gains Associates, Crypto Vietnam, Kenzo Ventures, and Plutus VC.
OrangeDAO ($15M) | The Y Combinator alumni DAO — with participation from NEAR Foundation.
Dank Bank ($4.2M) | The NFT trading platform for memes and viral videos — with participation from Mechanism Capital, SamsungNext, Balaji Srinivasan, Morningstar Ventures, Starry Night Capital, Kyros Ventures, and Cryptopathic.
Kikitrade ($6M) | Leading social x crypto investment platform & community — with participation from Appworks, Media Asia, and Audeo Ventures.
lemon.markets ($17M) | Your API for stock trading and market data — with participation from Lakestar, Lightspeed Venture Partners, CREANDUM, Angel Invest Ventures, Tiny VC, and System.One.
Fractal ($35M) | A new marketplace for gamers to discover, buy and sell gaming NFTs — with participation from Andreessen Horowitz, Paradigm, Multicoin Capital, Solana Capital, Animoca Brands, Coinbase Ventures, Play Ventures, Position Ventures, Mark Pincus, Shrug Capital, Do Kwon, Tim Ferriss, Eric Glyman, Karim Atiyeh, Kevin Lin, Justin Waldron, and Tekin Salimi.
OnePlanet ($3.35M) | A new land to build so many possibilities of NFTs on Terra — with participation from Hashed, Animoca Brands, Galaxy Interactive, SkyVision Capital, SNOW, Pala, Edimus, GT Capital, HYPESALT, and Verse2.
Footium ($3.35M) | A Web3 Football Management game that allows players to become the owner, manager, and scout for their very own football club — with participation from Backed, Animoca Brands, Stride.VC, Entrée Capital, Chris Smalling, Ahmed Al-Balaghi, SOLBigBrain, RLC Ventures, YGG SEA, BAYZ, Blackpool, Merit Circle, Michael Bentley, Infinity Ventures Crypto, Ben Middleton, Nico Wittenborn, Nicolas Cardyn, Sriram Krishnan, Crypt0x, Sam Huber, Chris Lee, Sam Zappi, Eric Arsenault, and Batu.
Battlebound ($4.8M) | Where world-class gameplay meets play-to-earn — with participation from Andreessen Horowitz, Play Ventures, Dapper Labs, Gabby Dizon, Roham Gharegozlou, Alex Price, Kristian Segerstrale, and Ryan Wyatt.
Composable Finance ($32M) | A hyper liquidity infrastructure layer for Defi assets powered by Layer 2 Ethereum and Polkadot — with participation from GSR, Ignite, Fundamental Labs, Coinbase Ventures, LongHash Ventures, Figment Capital, New Form Capital, DFG, Blockchain Capital, 0x Ventures, Yunt Capital, Jump Capital, Polytope Capital, NGC Ventures, SOSV, and Spartan Group.
Blockchain.com | A place to securely buy, store, and trade crypto assets — with participation from Lightspeed Venture Partners, and Baillie Gifford.
DFlow ($2M) | A protocol for decentralized order flow markets — with participation from Multicoin Capital, Framework Ventures, Cumberland, Parataxis Capital, and Petrock Capital.
Aradena | The medieval fantasy metaverse — with participation from Animoca Brands, Seedify, Blowfish Studios, Polygon, SkyVision Capital, Double Peak, Enzac Research, Kalmia, Atesis Capital, RR2 Capital, Good Games Guild, Jump Crypto, PathDAO, and Avocado Guild.
Crypto Raiders ($6M) | A Web3 dungeon crawler on Polygon — with participation from DeFiance Capital, Delphi Digital, GuildFi, Merit Circle, Yield Guild Games, and Three Arrows Capital.
🙌 Thanks to our sponsors at BarnBridge
LayerZero ($135M) | An omnichain interoperability protocol that unites decentralized applications across disparate blockchains — with participation from Andreessen Horowitz, FTX, Sequoia Capital, Animoca Brands, Avalanche Foundation, Blockdaemon, cFund, Coinbase Ventures, CoinFund, Dapper Labs, Echelon Capital, Fantom Foundation, Gemini, GHAF Capital Partners, Hypersphere Ventures, imToken Ventures, Kronos Research, Matrixport, Muhabbit Capital, Multicoin Capital, Operator Partners, Polygon, Space Whale Capital, Tiger Global Management, Uniswap, Volt Capital, Zokyo, OSAZ, Brandon Green, Chris Spadafora, Joe Lau, Joel Smith, Joey Santoro, Justin Bram, Justin Sun, Justin Timberlake, Maria Eitel, Nikil Viswanathan, Roham Gharegozlou, Russell Smith, Sandeep Nailwal, Santiago R. Santos, Stani Kulechov, Sunny Aggarwal, The Lau Brothers, Tom Brady, PayPal Ventures, and Exponent.
GoodGhosting ($1.25M) | Decentralized pools that reward regular saving — with participation from Arca, Big Brain Holdings, Cogitent Ventures, DWeb3 Capital, Global Coin Research, Hashigo VC, Komorebi Collective, R8 Capital, Stake Capital, The LAO, web3 Studios, ZMT Capital, Alastair Band, Daedalus Angel Syndicate, David Truong, Mona El Isa, and Tegan Kline.
Burrow ($5M) | The first decentralized money market on NEAR — with participation from Dragonfly Capital, ParaFi Capital, Jump Crypto, Lemniscap, Mentha Partners, Warburg Serres, QCP Capital, DeFi Capital, D1 Ventures, GFS Ventures, SevenX Ventures, IOSG Ventures, Kronos Research, MOVE Capital, and MetaWeb Ventures.
Skiff ($10.5M) | Privacy-first, end-to-end encrypted, and decentralized collaboration — with participation from Sequoia Capital.
Caduceus ($4M) | A blockchain dedicated to metaverse development — with participation from Susquehanna International Group, Bin Zayed Group, Qredo, TokenInsight, Nukkleus, DigitalRFQ, Luna Capital, John Terry, and BlockFills.
Wincast ($675k) | Interactive NFT platform for live sports — with participation from BNB Chain, CoinFund, and Dream Ventures.
Sprout ($3M) | Stakeholder and ESOP management made easy — with participation from Sovereign's Capital, Firsthand Ventures, Ruby Lu, NDN2, and Tiger Fang.
Cross River ($620M) | Powering the future of financial services — with participation from Eldridge, Andreessen Horowitz, T. Rowe Price, Whale Rock, and Hanaco Ventures.
FUEL ($1.7M) | The easiest to use NFT platform for creators and brands — with participation from FinTech Collective, Seedcamp, Notion Capital, David Osojnik, Michael Pennington, and Paul Forster.
zkLend ($5M) | An L2 money-market protocol built on StarkNet — with participation from Delphi Digital, StarkWare, and Three Arrows Capital.
Ampverse ($12M) | An esports entertainment company — with participation from Falcon Capital, Vulpes Investment Management, Gandel Invest, Rob Gilby, David Ng, Michael Patent, Marcus John, and Wolfpack.
CowDAO ($23M) | The steward of CoW Protocol — with participation from 1kx, Delphi Digital, Dialectic Capital, Blockchain Capital, Cherry Ventures, Collider Ventures, Ethereal Ventures, LongHash Ventures, The LAO, Robot Ventures, SevenX Ventures, imToken Ventures, 0x Labs, Atka, Kronos Research, Profluent Ventures, Mgnr, Protofire, Dystopia Labs, P2P Capital, Hack VC, Prycto, Hasu, Cobie, Poolpitako, Will Villanueva, Gonçalo Sá, Shreyas Hariharan, Will Price, Will Harborne, Fernando Martinelli, Federico Nitdi, Itamar Lesuisse, Andrey Balysnikov, Shresth Agrwal, Hart Lambur, and BR Capital.
Nreal ($60M) | Building augmented reality for everyone — with participation from Alibaba.
Dove Metrics newsletter is sponsored by BarnBridge.
BarnBridge’s SMART Alpha application was recently launched on mainnet as well as on Polygon and Avalanche. It allows users to get leverage or absolute downside protection on the asset performance. SMART Alpha achieves this by redistributing the assets of one side to the other. Seniors give assets to juniors when price performance is positive, and vice versa when price performance is negative.
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