GM and welcome to Dove Dispatch #47!
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 41 projects announced fundraising rounds:
RockX ($6M) | Asiaβs one-stop gateway to crypto finance and blockchains β with participation from Amber Group, Matrixport, Primitive Ventures, FBG Capital, Draper Dragon, IMO Ventures, Alpha CW, and Megastake.
Sky Mavis ($150M) | A technology-focused game studio β with participation from Binance Labs, Animoca Brands, Andreessen Horowitz, Dialectic Capital, Paradigm, and Accel.
Civitas ($20M) | A Play & Earn community-driven 4X strategy game β with participation from Delphi Digital, Three Arrows Capital, Framework Ventures, BITKRAFT Ventures, DeFiance Capital, eGirl Capital, D64 Ventures, Fourth Revolution Capital, Dialectic Capital, CMT Digital, Sfermion, SevenX Ventures, Nabais Capital, Nima Capital, Infinity Ventures Crypto, and 32-Bit Ventures.
TiTi Protocol ($3.5M) | A fully decentralized, multi-asset reserve-backed, use-to-earn algorithmic stablecoin β with participation from Spartan Group, SevenX Ventures, Incuba Alpha Labs, DeFi Alliance, Agnostic, Fourth Revolution Capital, Solidity Ventures, 0xb1, Tascha Punyaneramitdee, Nipun Pitimanaaree, ZMT Capital, Tekin Salimi, DeFi Dad, Jason Choi, and Qiao Wang.
Crurated ($3.2M) | An NFT for every bottle of wine that enters into warehouse β with participation from Chris Van Aeken, and Dip WSET.
Novel ($5M) | A no-code platform for web3 commerce β with participation from Lerer Hippeau, VaynerFund, Costanoa Ventures, Roth Martin, and Sugar Capital.
Vovo Finance ($2M) | Grow your crypto with customizable yield β with participation from IOSG Ventures, Matrixport, LedgerPrime, Zee
Prime Capital, Pattern Research, Primitive Ventures, imToken
Ventures, Kyber Network, Daedalus Angel Syndicate, CyberX, Nick Tong, Yenwen Feng, Marco, Roshun Patel, and Pamir Gelenbe.Sender Wallet | Your easiest way to tap into the NEAR ecosystem β with participation from Binance Labs, and MetaWeb Ventures.
Shrapnel ($7M) | A UGC-driven AAA First-Person Shooter β with participation from Dragonfly Capital, Three Arrows Capital, Keith Nunziata, and Jason Zhao.
SenseiNode ($3.6M) | A Latin American blockchain infrastructure firm β with participation from Borderless Capital, Newtopia VC, SPiCE Venture Capital, Martin Migoya, Marcos Galperin, Miguel Santos, Esteban Ordano, Javier Villamizar, Ariel Barmat, Facundo Garreton, Mat Travizano, Ryan Floyd, Matias Woloski, Rodrigo Teijeiro, Pablo Orlando, and Francisco Γlvarez-Demalde.
AdHash | A self-hosted advertising platform that allows publishers and advertisers, for the first time, to serve ads, manage campaigns, and collect performance data on-premise.
Drip Capital | Offering trade financing products targeted toward SMEs in developing markets. Its automated risk assessment model allows rapidly growing SMEs quick and easy access to finance β with participation from Raison Asset Management.
Circle ($400M) | Enabling businesses of all sizes to harness the power of stablecoins and public blockchains for payments and commerce worldwide β with participation from BlackRock, Fidelity, Marshall Wace, and Fin Capital.
Nomad ($22M) | The future of cross-chain communication is optimistic β with participation from Polychain Capital, 1kx, Ethereal Ventures, Hack VC, Circle, Figment Capital, Amber Group, Archetype, Hypersphere Ventures, Dialectic Capital, Lattice, A&T Capital, Breyer Capital, Continue Capital, Wave Financial, Robot Ventures, LedgerPrime, and OWC.
GOGO Protocol ($2M) | The most user-friendly open source DeFi protocol for asset management and savings β with participation from Shima Capital, Digistrats, and MEXC Exchange.
Bridge Network ($3.8M) | Decentralized cross-chain hub for the DeFi ecosystem β with participation from FTX, MEXC Exchange, "Master
Ventures", GDA Capital, Crypto Oasis, Grit Capital, Abed Group, Cypher Capital LLC, Block Theory, Fork Ventures, TDeFi, Croc Capital, Vulcan Forged, Oxo Capital, Encryptus, Blockfinex, and Merkle Hedge.Iskra ($34M) | Web3 game community platform β with participation from Krust, Wemade Tree, MetaBora, Neowiz, NHN Bigfoot, Fast Ventures, Liberty Investment, and Kakao Investment.
Investin ($1.2M) | Solanaβs leading decentralized hedge fund management protocol β with participation from GSR, 3K VC, Big Brain Holdings, Norbert Bodziony, and Wojciech Cichocki.
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The Kingdom ($3.6M) | An open-world Metaverse focusing on culture-led experiences β with participation from Infinity Ventures Crypto, Alameda Research, Shima Capital, Newman Capital, SweeperDAO, 3Commas, Chiron Partners, Liquid Lab Ventures, and NSMG.
The Fabricant ($14M) | A digital fashion house for the metaverse β with participation from Greenfield One, Sound Ventures, RED DAO, Sfermion, Koji Capital, Stefano Rosso, Marc Weinstein, Angel Xu, Benny Giang, Richard Ma, Sebastien Borget, Sillytuna, Chad Knight, Victoire Maureau, Anoop Kansupada, 4impact, Borski Fund, Slingshot Ventures, Trevor McFedries, and Shari Glazer.
Joyn ($3.5M) | A launchpad for collaborative Web3 media projects β with participation from IOSG Ventures, GBV Capital, Protocol Labs, Axia8 Ventures, LongHash Ventures, Bixin Ventures, Akatsuki, Signum Capital, Kinsa Durst, Sandeep Nailwal, Geoff Renaud, Calvin Chu, Travis Wu, TN Lee, Mohak Agarwal, Keith Rumjahn, and ConsenSys Mesh.
LOVO ($6.5M) | AI-backed voice NFTs β with participation from PKO Investments, Hashed, Yat Siu, Ray Chan, Patrick Lee, Matt Finick, Kun Gao, Holly Liu, Goodwater Capital, and Daniel Wu.
Cybrid ($3.1M) | The best developer tooling to accelerate their crypto journey from Web2 to Web3 β with participation from Golden Ventures, Luge Capital, and Harvest Venture Partners.
Improbable ($150M) | A metaverse technology company that solves the challenges of building virtual worlds and pioneering the path to the metaverse β with participation from Susquehanna International Group, SoftBank, Mirana Ventures, Ethereal Ventures, Digital Currency Group, CMT Digital, and Andreessen Horowitz.
DEFY Labs ($3.5M) | The world's first location-based play to earn game β with participation from Animoca Brands, Spartan Group, OliveX, GameFi Ventures, Bixin Ventures, Polygon Studios, Unanimous Capital, PathDAO, and Play It Forward DAO.
Volt Protocol ($2M) | A lending protocol with a native stablecoin β with participation from Framework Ventures and Nascent.
Zenith Chain ($35M) | The most advanced new-age crypto exchange for secure trading β with participation from GEM Global Emerging Markets.
Noox ($2M) | On-chain reputation with soulbound NFTs β with participation from Collab+Currency, Electric Capital, Sfermion, SamsungNext, Alphanonce, and POAP.
Digital Insight Games ($7.5M) | An independent and fast-growing Web3 games company β with participation from Hivemind Capital Partners, Griffin Gaming Partners, Hunt Technology Ventures, RSE Ventures, and Signum Growth Capital.
Taki ($3.45M) | Earn a daily income by simply posting content and chatting with others β with participation from CoinDCX, Coinbase Ventures, FTX, OKX, Solana Capital, Formless Capital, Gemini, Luno Expeditions, Huobi Capital, Kraken, Roka Works, and Alameda Research.
CertiK ($88M) | A cybersecurity company, using cutting-edge Formal Verification technology on smart contracts and blockchains β with participation from Insight Partners, Tiger Global Management, Advent International, Goldman Sachs, Sequoia Capital, and Lightspeed
Venture Partners.Novel ($6M) | A no-code platform for web3 commerce β with participation from Lerer Hippeau, VaynerFund, Costanoa Ventures, Roth Martin, and Sugar Capital.
Community Gaming ($16M) | Creating a seamless experience for tournament organizers to host grassroots tournaments and for gamers to compete and instantly get paid when they win β with participation from SoftBank, Animoca Brands, Binance Labs, BITKRAFT Ventures, CoinFund, Hashed, Griffin Gaming Partners, ConsenSys Mesh, Shima Capital, Polygon Studios, and Multicoin Capital.
GOGO Protocol ($2M) | The most user-friendly open source DeFi protocol for asset management and savings β with participation from Shima Capital, Digistrats, and MEXC Exchange.
Bridge Network ($3.8M) | Decentralized cross-chain hub for the DeFi ecosystem β with participation from FTX, MEXC Exchange, Master
Ventures, GDA Capital, Crypto Oasis, Grit Capital, Abed Group, Cypher Capital LLC, Block Theory, Fork Ventures, TDeFi, Croc Capital, Vulcan Forged, Oxo Capital, Encryptus, Blockfinex, and Merkle Hedge.SenseiNode ($3.6M) | A Latin American blockchain infrastructure firm β with participation from Borderless Capital, Newtopia VC, SPiCE Venture Capital, Martin Migoya, Marcos Galperin, Miguel Santos, Esteban Ordano, Javier Villamizar, Ariel Barmat, Facundo Garreton, Mat Travizano, Ryan Floyd, Matias Woloski, Rodrigo Teijeiro, Pablo Orlando, and Francisco Γlvarez-Demalde.
Porter Finance ($5M) | Bonds for DAOs β with participation from ParaFi Capital, Dragonfly Capital, Nascent, Josh Buckley, Robert Leshner, Kain Warwick, Joey Santoro, Tyler Ward, Max Fiege, Kenton Prescott, and Sam Kazemian.
Mysterious ($3.1M) | A web3 native Discord β with participation from Streamlined Ventures, Y Combinator, F.inc, Protocol Labs, OrangeDAO, and Global Coin Research.
Coin Metrics ($35M) | Cryptoasset market and network data APIs, analytics, and research β with participation from Acrew Capital, BNY Mellon, Goldman Sachs, Fidelity, Highland Capital Partners, Avon Ventures, Raptor Group, Dragonfly Capital, Digital Currency Group, Communitas Asset Management, Collab+Currency, Cboe Global Markets, Brevan Howard Asset Management, JAM FINTOP, Mubadala, 5Y Capital, Morningside Technology Ventures, Animal Ventures, Coinbase Ventures, BlockFi, and Castle Island Ventures.
Binance.US ($200M) | Proudly serving the US with 85+ cryptocurrencies, low fees, and cutting-edge technology β with participation from RRE Ventures, Foundation Capital, Original Capital, VanEck, Circle, Gaingels, and Gold House.
NEAR Protocol ($350M) | A blockchain designed to provide the performance and UX to get to mainstream adoption of decentralized applications β with participation from Tiger Global Management, Republic, FTX, Hashed, Dragonfly Capital, ParaFi Capital, Blockchange Ventures, and MetaWeb Ventures.
Dove Metrics newsletter is sponsored by BarnBridge.
BarnBridgeβs 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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