GM and welcome to Dove Dispatch #49!
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 51 projects announced fundraising rounds:
BikeRush ($6.5M) | A Web3 lifestyle App — with participation from Negentropy Capital, BlockDesk Ventures, Vingo Capital, and Kasan Amina Family Fund.
Ola Guild Games ($8M) | Building the largest and most engaged Hispanic community of PlayToEarn Gamers — with participation from BITKRAFT Ventures, Arca, Galaxy Interactive, Com2uS, Huobi Capital, Spark Digital Capital, Blocktower Capital, Infinity Ventures Crypto, Morningstar Ventures, Sangha Capital, Mentha Partners, Valhalla Capital, Actai Ventures, Polygon, Crypto.com Capital, TheVentureCity, YGG SEA, IndiGG, Bitscale Capital, Fir Capital, Cultured, and YG.
Metakey ($3.5M) | A platform-agnostic and massively interoperable web3 utility creator — with participation from Animoca Brands, Digital Currency Group, Sfermion, Block 3 Ventures ( B3V ), SkyVision Capital, Double Peak, Spartan Group, Everest Ventures, Kenetic, Hillrise Capital, MHC Digital Finance, MaxStealth, AngelHub, Kharis Capital, Sparkle Ventures, Sebastien Borget, Agus Ferreira, DeFi Dad, Cooper Turley, Gabby Dizon, 888, Adam De Cata, James Ho, Angela Ho, and WhaleShark.
PROOF ($10M) | Web3 media startup — with participation from Seven Seven Six, and True Ventures.
Stablecorp ($1.5M) | Transparent and secure Canadian dollar stablecoin — with participation from Circle, Genesis, Stellar Development Foundation, Side Door Ventures, 3iQ, Borderless Capital, and Mavennet.
Live Bash ($21M) | Converting live performances into digital collectibles and NFTs.
Tonic ($5M) | Orderbook DEX on NEAR — with participation from Electric Capital, MOVE Capital, Framework Ventures, NetZero Capital, Wintermute, GSR, Flow Traders, Jane Street Capital, Cumberland, dao5, Daedalus Angel Syndicate, Bixin Ventures, Reframe, Re7 Capital, Melange Ventures, Nick Tong, Facu, Isaac Zu, Ivailo Jordanov, Lyuben Belov, Captain Nemo, LukaSkywalker, Valentin Mihov, Chris McCann, and Near Protocol.
Vertex Protocol ($8.5M) | On-chain FX markets powered by Terra — with participation from Hack VC, Dexterity Capital, GSR, Collab+Currency, Jane Street Capital, Huobi Capital, HRT Ventures, JST Capital, Big Brain Holdings, and Lunatic Capital.
CleanSpark ($35M) | A sustainable bitcoin mining and energy technology company — with participation from Trinity Capital.
​​0x Labs ($70M) | An open protocol that enables peer-to-peer trading of assets — with participation from Greylock Partners, Pantera Capital, Sound Ventures, A.capital, Jump Crypto, OpenSea, Coinbase Ventures, Brevan Howard, Reid Hoffman, and Jared Leto.
Measure Protocol | The fastest way to collect consumer behavioral data at scale — with participation from Blackfinch Ventures, Italian Angels for Growth, and Blockchain Valley Ventures.
Oni Squad ($2M) | Easy-to-play social games featuring NFTs — with participation from Cultur3 Capital, Jeff Kuan, Thomas Vu, Infinity Ventures Crypto, Daniel Sommer, Mike Ouye, Kevin Lin, Maveron, Hubert Thieblot, Momentum 6, Hypersphere Ventures, Sfermion, Moon Holdings, Taureon Capital, Dan Dinh, Alex Chung, Don Ho, Angel X, and Jason Lau.
LiquiFi ($5M) | Automate your token vesting in minutes — with participation from Dragonfly Capital, Nascent, 6th Man Ventures, Alliance DAO, Robot Ventures, Y Combinator, OrangeDAO, Balaji Srinivasan, Katie Haun, Packy McCormick, Anthony Pompliano, and Anthony Sassano.
Apeiron ($10M) | World's 1st godgame with NFTs — with participation from Hashed, DeFiance Capital, Morningstar Ventures, Spartan Group, and DeFi Capital.
Afriex ($10M) | We make sending money to Africa and internationally easy for you — with participation from Sequoia Capital, Stellar Development Foundation, Dragonfly Capital, Exceptional Capital, and Goldstreet Venture Capital.
Kryptview ($650k) | Community-driven research platform — with participation from DeFi Research Institute, Matters, and Smart-Chain.
Mad Realities ($6M) | The first web3 interactive dating show that is community voted — with participation from Paradigm, Maveron, Long Journey Ventures, 11:11 Media, Selby Drummond, Scott Belsky, Trevor McFedries, Alex Zhang, Packy McCormick, Will Papper, Sabrina Hahn, Jacob Horne, Advancit Capital, Chris Ovitz, Zubin Koticha, Rex Woodbury, Alex Adelman, Adar Zango, Rob Hayes, Tanthai Pongstein, Alexia Bonatsos, Reggie James, Nick Caldwell, Shohini Gupta, Shawn Xu, and Breck Stodghill.
OpenBlox | Collect, battle, breed and explore — with participation from Shima Capital, 3Commas, 100&100 Venture Capital, Digital Strategies, MC Ventures, Jump Crypto, Kyros Ventures, OWL Ventures, and Angel DAO.
ForthBox ($1M) | A Web 3.0 GameFi aggregation platform — with participation from Fundamental Labs, Infinity Ventures Crypto, YGG SEA, Crypto Gaming United ( CGU ), and Mr. Block.
Goons Of Balatroon ($2.46M) | A 2D/3D hybrid metaverse featuring Free 2 Play 2 Earn card strategy gaming and land ownership — with participation from Merit Circle, JUN Capital, Unizen, Maven Capital, Vulcan Forged, Faculty Group, BullPerks, Charles Read, Halvings Capital, Playnity, SkyVision Capital, The HUSL, and Lovelace.
Bastion ($9M) | Decentralized lending on Aurora — with participation from FTX, Three Arrows Capital, Jump Crypto, CMS Holdings, Jane Street Capital, Crypto.com Capital, MOVE Capital, Spartan Group, Hypersphere Ventures, Alex Shevchenko, Ryan Selkis, Puzzle Ventures, Maven Capital, Big Brain Holdings, and block0.
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Flowty ($4.5M) | A peer-to-peer collateralized NFT lending platform on Flow — with participation from Greenfield One, Lattice, Dapper Labs, Sfermion, Luno Expeditions, Tiny VC, Red Beard Ventures, Andy Chorlian, Bob Meese, James Carlini, Chris Cable, Daniel Roelker, Glorious 101, GreekFreak, Ivailo Jordanov, Jack Settleman, Jason Nguyen, John Sabat, Peter Jennings, Peter Overzet, Quickrider, Roham Gharegozlou, and TSF Space Cowboy.
Crusoe Energy ($350M) | Providing oil and gas companies with a fast, low cost and simple solution to natural gas flaring — with participation from G2 Venture Partners, Valor Equity Partners, Lowercarbon Capital, Polychain Capital, Bain Capital Ventures, Founders Fund, MCJ Collective, Winklevoss Capital, Zigg Capital, DRW Venture Capital, Atreides Management, Exor Seeds, CMT Digital, Upper90, Inclusive Capital Partners, Engine No. 1, Tao Capital, Felicis Ventures, Castle Island Ventures, Mitsui & Co, and FootPrint Coalition.
Kangaroo ($3.3M) | The future of storytelling is here — with participation from Greylock Partners, Human Capital, Kevin Yorn, Michael Ovitz, Abe Burns, and Phil Hellmuth.
White Sands ($8M) | A luxurious master-planned island metaverse ecosystem.
Onyze ($1.3M) | Spain-based cryptocustodian company — with participation from The Valley Venture Capital.
BiLira ($2.5M) | A Turkish Lira that belongs only to you — with participation from 21Shares, Finberg, Alameda Research, and SaxeCapital.
Sun Zu Lab ($1.6M) | Quantitative analytics for crypto professionals — with participation from Elaia, and Kima Ventures.
V-Art ($400k) | Digital art platform to experience, collect & sell — with participation from Ukrainian Startup Fund, SID Venture Partners, and Geek Ventures.
Tangany ($7.45M) | Reliable white-label blockchain custody since 2018 — with participation from Nauta Capital, Creator Ventures, High-Tech Grunderfonds, and Philipp Treuner.
CertiK ($60M) | A cybersecurity company, using cutting-edge Formal Verification technology on smart contracts and blockchains — with participation from SoftBank, and Tiger Global Management.
Afterparty ($4M) | Building web3 platform for artists, musicians, collectors, and creators — with participation from Blockchange Ventures, David Friedberg, Desiree Gruber, Jason Calacanis, Nicole Farb, Paris Hilton, Reade Seiff, Rudy Cline-Thomas, Spencer Rascoff, and TenOneTen Ventures.
Kapital DAO ($7M) | A Web3 Guild-as-a-Service protocol.
Swap.net ($1.75M) | NFT aggregator & exchange — with participation from Anton Bukov, FBG Capital, Formless Capital, Polymorphic Capital, and Big Brain Holdings.
Rario ($120M) | World’s first officially licensed Cricket NFT Platform — with participation from Dream Capital, Alpha Wave Global, Animoca Brands, Presight Capital, and Kingsway Capital.
Hashstack | Secure under-collateralized loans up to 300% of your collateral, for personal finance & trading capital needs — with participation from Blockwater Capital.
LimeWire ($10.4M) | Digital collectibles for everyone — with participation from Kraken, Arrington Capital, GSR, Crypto.com Capital, CMCC Global, Hivemind Capital Partners, Hard Yaka, Red Beard Ventures, FiveT Fintech, DAO Jones, Deeptech Ventures, SwissBorg Ventures, SEVEN20, and DAO Jones.
Scroll ($30M) | An EVM-compatible zk-Rollup with a strong proving network — with participation from Polychain Capital, Bain Capital Crypto, Robot Ventures, Geometry, Ying Tong, Carlos Aria, Anthony Sassal, Ryan Adams, and Santiago R. Santos.
ZeroDrop ($1.27M) | Engagement platform for NFT and GameFi Projects — with participation from Mechanism Capital, MixMob, and Nansen.
MetaLend ($5M) | Get a loan to grow your NFT business — with participation from Pantera Capital, Collab+Currency, Ancient8, David Choi, Pareto, and Moving Capital.
Klaytn Foundation | A public blockchain focused on the metaverse, gamefi, and the creator economy — with participation from Alameda Research.
LifeForce Games ($5M) | Metaverse-as-a-service network — with participation from Lemniscap, CMT Digital, Sfermion, Hartmann Capital, Sterling.VC, Ready Player DAO, and NeonDao.
IPOR Labs ($5.5M) | The base of the DeFi credit markets — with participation from gumi Cryptos, Space Whale Capital, New Form Capital, CMT Digital, C² Ventures, GSR, Bloccelerate VC, Mentha Partners, AlphaGrep, Synaps, G1 Ventures, SOSV, Stateless Ventures, Next Chymia, Crypto Discover, NxGen Capital, PANONY, Tegan Kline, Aaron Choi, Nico Arqueros, John O'Connor, Joeri Van Geelen, and Arrington Capital.
Spruce ($34M) | Decentralized identity and data — with participation from Andreessen Horowitz, Okta Ventures, SCB 10X, Robot Ventures, OrangeDAO, Ethereal Ventures, Electric Capital, Y Combinator, A.capital, 3K VC, Protocol Labs, SV Angel, Gemini, Alex Pruden, Anthony Sassano, Benjamin Jack, Dev Ojha, Ejaaz Ahamadeen, Jeromy Johnson, Juan Benet, Matias Woloski, Matt Condon, Matt Luongo, Ryan Li, Scott Belsky, Sunny Aggarwal, Teck Chia, Viktor Bunin, William Allen, and Will Villanueva.
SoundMint ($1.7M) | Own a unique piece of audiovisual art by your favorite artists — with participation from Animoca Brands, Castle Island Ventures, Focus Labs, Sfermion, SkyVision Capital, Tess Ventures, and Goodwater Capital.
Vendible ($1.78M) | A platform that protects your identity and data in DeFi networks — with participation from Borderless Capital, Woodstock Fund, Bixin Ventures, NGC Ventures, and Big Brain Holdings.
Decent DAO ($10M) | A decentralized venture studio for developing Web3 projects — with participation from GSR, Blocktower Capital, Cumberland, OP Crypto, Digital Currency Group, CMT Digital, 1kx, Coral DeFi, Fourth
Revolution Capital, Hivemind Capital Partners, Studio Management, Stealth Capital, Valhalla Capital, Ashbury Ventures, Ryan McKillen, Jason Stone, Vinny Lingham, and Pir Granoff.
Privy ($8.3M) | Simple APIs to manage user data off-chain — with participation from Sequoia Capital, BlueYard Capital, Electric Capital, Archetype, BoxGroup, Protocol Labs, Aaron Henshaw, Joe Lallouz, Juan Benet, Molly Mackinlay, Jesse Clayburgh, Brad Burnham, Jutta Steiner, Diogo Monica, Sina Habibian, Ben Fisch, Colfax Selby, John Zannos, Alex Lange, Pamir Gelenbe, Eli Turlington, Barron Jeter, Sabrina Hahn, Aaron Harris, Ali Rowghani, Nicolas Chinot, Romain Huet, Keith Adams, Ela Madej, Chris Waclawek, Garry Tan, Chad Byers, Kevin Zhang, Nicholas Chirls, Charlie Songhurst, Kent Beck, and Thomas Bailey.
Boss Beauties ($4.4M) | A Woman can be Everything she wants — with participation from Offline Ventures, Serena Ventures, Female Founders Fund, and Wieden+Kennedy.
Launchblock.com | The decentralized launchpad where the next generation of Web 3 launch, grow, and excel — with participation from Animoca Brands.
DoubleMe ($25M) | Step into the Metaverse — with participation from Coentry Investment, Samsung, and NH Investment & Securities.
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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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