GM and welcome to Dove Dispatch #48!
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 42 projects announced fundraising rounds:
Real Player DAO | Web 3.0 guild and a multi-task platform for GameΠi β with participation from Animoca Brands, Momentum6, YouBi Capital, Double Peak, DWeb3 Capital, Blockpact Capital, Enzac Research, and Mr. Block.
Flipside Crypto ($350M) | Community-enabled data analytics for DeFi & crypto projects β with participation from Republic, True Ventures, Galaxy Digital, Terra, Dapper Labs, M13, Blockchain Coinvestors, Collab+Currency, Hashkey Capital, Avon Ventures, Lightshed Partners, Resolute Ventures, Boston Seed Capital, Converge VP, Hutt Capital, Gaingels, Commerce Ventures, Quiet Capital, and Tribe Capital.
CoinDCX ($135M) | Indian company specialized in crypto-enabled financial services β with participation from Pantera Capital, Steadview Capital, Draper Dragon, Republic, Kindred Ventures, B Capital, Coinbase Ventures, Polychain Capital, Cadenza Ventures, and Kingsway Financial Services.
Doxa ($2.2M) | Taking procurement to the next level with blockchain, microservices, and financing β with participation from
FanTrade ($165k) | A mobile app where earn money by playing daily contests based on real-time crypto and stocks.
Binance.US | Proudly serving the US with 85+ cryptocurrencies, low fees, and cutting-edge technology β with participation from Gulf Energy.
Mytaverse ($7.6M) | A cloud-based platform that provides 3D multiplayer virtual and augmented meetings and workspaces β with participation from Blumberg Capital, Baselayer Capital, Correlation Ventures, Accelerator Ventures, and Alberto Peisach.
Inca Digital | Digital asset data and analytics technology for investors β with participation from GTS Venture Capital, Galaxy Digital, Wedbush Capital, Menai Financial Group, Consolidated Trading, Aquamarine Fund, and Grant Gittlin.
Hatchfi ($120k) | Connect any crypto wallet to any application with just a few lines of code β with participation from OrangeDAO.
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Veritx ($4.5M) | Trusted B2B Marketplace for Industry 4.0 β with participation from Veteran Ventures Capital, Stony Lonesome Group, Techstars, and M International.
Fasset ($22M) | A globally regulated digital asset exchange for the next billion β with participation from Liberty City Ventures, Fatima Gobi Ventures, Soma Capital, and MyAsiaVc.
EPNS ($10.1M) | Decentralized notification protocol on Ethereum β with participation from "Jump Crypto, Tiger Global Management, ParaFi Capital, Polygon Studios, Wintermute, Sino Global Capital, Harmony, Zebpay, A.capital, Zee Prime Capital, TRGC, Woodstock Fund, Signum Capital, Andrew Keys, David Silverman, Anton Bukov, Ajit Tripathi, Aniket Jindal, Kain Warwick, Jordan Momtazi, Justin Moses, Sam JDC, Jerome de Tychey, Sahil Dewan, Kartik Talwar, Mateo Levy, Tushar Behl, Alpha Wave Global, CoinDCX, and iSeed Ventures.
Oasis ($6M) | Deploy your crypto into DeFi β with participation from Libertus Capital, Road Capital, Mariano Conti, Patricio Worthalter, Cyrus Younessi, Sergej Kunz, Anton Bukov, and Will Price.
Mask | A peer-to-peer encrypted messaging application, with new functions continuously being created around this foundation β with participation from Hard Yaka.
Blockdaemon | A blockchain deployment facilitator that manages nodes and payment rails for blockchain networks β with participation from Citi, Salesforce Ventures, Telstra Ventures, and Invicta Growth.
Impervious | Enabling a new P2P internet standard β with participation from CoinShares, NYDIG, Trammell Venture Partners, Fundamental Labs, Strategic Cyber Ventures, TEN31, Jungle Boys Capital, Bitcoiner Ventures, Lightning Ventures, and XBTO Humla Ventures.
Sooho ($4.5M) | We build automated audits, Defi, and Blockchain Infrastructure β with participation from Samsung SDS, SK Inc., LG CNS, and Wemade Tree.
Merit Circle | Building a decentralized autonomous organization (DAO) with a mission to maximize value accrual across different games in the metaverse β with participation from Binance Labs.
Blast Royale ($5M) | β with participation from Animoca Brands, Mechanism Capital, Dragonfly Capital, Play Ventures, DeFiance Capital, Double Peak, Polygon, CΒ² Ventures, Morningstar Ventures, DWeb3 Capital, Merit Circle, Ancient8, Avocado DAO, Shima Capital, PathDAO, Santiago R. Santos, and Nick Chong.
Context ($19.5M) | Watch any wallet to see what people are minting and buying β with participation from Variant, Dragonfly Capital, Sam Altman, Lachy Groom, Dom Hofmann, Adam D'Angelo, Tess Rinearson, Jack Altman, Trevor McFedries, Jacob Horne, David Rudnick, John Palmer, Mat Dryhurst, Holly Herndon, Andy Chorlian, and Meltem Demirors.
Loop Crypto ($4M) | Seamlessly automate on-chain crypto payments β with participation from Andreessen Horowitz, A.capital, Alchemy, CoinList, Lauren Stephanian, Paul Veradittakit, Imran Khan, and Alex Svanevik.
Legends of Elumia | A next-generation play to earn, massively multiplayer online role-playing game β with participation from Alameda Research, Animoca Brands, Cryptology Asset Group, GuildFi, YGG SEA, Ancient8, Good Games Guild, PathDAO, Unix, Spartan Group, Crypto.com Capital, Momentum 6, Kyros Ventures, Infinity Ventures Crypto, Spark Digital Capital, Forward Analytics, Master Ventures, Maven Capital, Metavest Capital, and Solar Eco Fund.
Retrograde | Supercharging yields and governance on Terra β with participation from Hashed, Arrington XRP Capital, Kinetic Capital, Delphi Digital, Jump Crypto, Apollo DAO, Qi Capital, Sami Tannir, 0xMaki, Amitej Gajjala, Woojin Lim, Matt Cantieri, Nick Chong, Hisoka, Stanford Liu, SJ Park, Jacob Blish, Speicherx, Le Jimmy, RyanLion, Terra, and Stader Labs.
Reputation DAO ($4.75M) | Unlock DeFi with reputation β with participation from Chainlink, AirTree Ventures, Digital Asset Capital Management, Framework Ventures, and Koji Capital.
Aura Network ($2.5M) | A layer-1, NFT-centric blockchain that focuses on expanding the use of NFTs across various industries β with participation from ββCoin98 Ventures, GBV Capital, Impossible Finance, KuCoin Labs, Kyber Network, GuildFi, AVATAR, MEXC Exchange, TPX Ventures, Redline DAO, OIG Investment Group, Vanda Capital, Deo Network, Ahamove, Ecomobi, and Pencil Group.
Wombat Exchange | Swap stablecoins at minimal slippage and stake at maximum yield β with participation from Shima Capital, Jump Crypto, and Wormhole.
Reactor | Optimized yield platform on Terra β with participation from Hashed, Delphi Digital, and GT Capital.
BikeRush ($1.5M) | A Web3 lifestyle App β with participation from Negentropy Capital.
Paladin Pandas ($4M) | NFT collection with Play-to-Earn game β with participation from Hashkey Capital, Innoangel, y2z Ventures, Vincent Niu, Mandy Wang, and Future Capital.
FLUID ($10M) | The ultra-low latency CeDeFi liquidity aggregator β with participation from GSR, GHAF Capital Partners, and 21Shares.
Swoops ($3.5M) | Blockchain and NFT-powered strategy basketball game β with participation from Courtside Ventures, Alpaca VC, Gary Vaynerchuk, Jason Robins, Slow Ventures, and Red Beard Ventures.
Firework Games ($1M) | A decentralized self-development and release platform for blockchain games β with participation from Animoca Brands.
Coinpanion ($330k) | Enables you to invest in cryptocurrencies automatically and securely without any previous knowledge β with participation from Frank Westermann, and Anton Kittelberger.
Gripnr ($2.5M) | A Web3 technology company bringing tabletop games to the blockchain β with participation from XBTO Humla Ventures, Sopris Capital, Voodoo Ventures, Better Angels, Abstraction Ventures, and Carl Sparks.
Voyager Innovations ($210M) | A digital innovations company creating platforms for emerging markets β with participation from Susquehanna International Group, EDBI, First Pacific, PLDT, KKR, Tencent, International Finance Corporation (IFC), and IFC Asset Management Company (AMC).
RociFi ($2.7M) | The multi-chain DeFi primitive for zero and under-collateralized lending β with participation from Arrington XRP Capital, GoldenTree Asset Management, Nexo, LD Capital, and Skynet Trading.
CoinStats ($3.2M) | Manage your crypto and DeFi portfolio from one place β with participation from Alexander Pack, and Mike Dudas.
Dnfs ($13.5M) | Crypto custody as an API β with participation from White Star Capital, Hashed, Susquehanna International Group, Coinbase Ventures, ABN AMRO, Bpifrance, Semantic Ventures, 6th Man Ventures, Definitive Capital, Xavier Niel, Ryan Selkis, Horseshoe Capital, Figment Capital, SGH Capital, Julien Bouteloup, Rand Hindi, Miles Parry, Barthelemy Kiss, Armand Khatri, Mike Dudas, Red Beard Ventures, Julien Pageaud, Kerry Ritz, and Kartik Varma.
BloXroute Labs ($70M) | A blockchain distribution network to help your blockchains scale to thousands of transactions/second on-chain β with participation from SoftBank, Dragonfly Capital, Flybridge, GSR, Jane Street Capital, Lightspeed Venture Partners, ParaFi Capital, Rockaway Blockchain Fund, Blindspot Ventures, and Flow Traders.
Glow Labs ($4.1M) | A white-label loyalty rewards program on the blockchain built by the community β with participation from Harlem Capital, Forerunner Ventures, Female Founders Fund, Red Beard Ventures, and Human Ventures.
Socket Supply Co. ($3.5M) | Decentralized cloud computing tools for developers β with participation from CoinFund, Galaxy Digital, Castle Island Ventures, Peer VC, and 100 Acre Ventures.
GENIES ($150M) | An avatar technology company that builds avatars for people and communities β with participation from Silver Lake, Bond Capital, Tamarack Global, and NEA.
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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π Read Messari report on SMART Alpha
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