GM and welcome to Dove Dispatch #62!
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.
📹 Watch What is SMART Alpha?
Last week 26 projects announced fundraising rounds:
Kima ($1M) | Defragmenting DeFi by providing an open infrastructure and building blocks for cross-chain apps — with participation from Blockchange Ventures, Big Brain Holdings, and coinIX.
Crypso ($3M) | Ride crypto revolution with experts & friends — with participation from Hashed, Inventus Capital Partners, Better Capital, Whiteboard Capital, Kunal Shah, Ramakant Sharma, Sandeep Nailwal, and Jaynti Kanani.
Mighty Action Heroes ($10M) | A multiplayer third-person Web3 Arena Battler with an emphasis on fun, skill, and chaos — with participation from Framework Ventures, Mirana Ventures, Sfermion, Spartan Group, Dune Ventures, Sanctor Capital, Folius Ventures, Polygon, Play Future Fund, Everblue Management, Ancient8, Ready Player DAO, Razer, Avocado DAO, DWeb3 Capital, GSG | Great South Gate, and Mr. Block.
STFX ($2M) | A DeFi and SocialFi protocol for short-term asset management — with participation from LedgerPrime, Space Whale Capital, Greymatter Capital, Prismatic Capital, PHD Capital, White Rhino Capital, Airini, FYF Ventures, Alpha Cidatel, Gagra Ventures, eGirl Capital, The Crypto Dog, moon, Cryptopathic, Murad Mahmudov, Jason Smith, Nic Carter, Will Clemente, Anthony Pompliano, Byzantine General, Joedat Esfahani, Misir Mahmudov, Permabull Niño, Checkmate, limzero, David Lach, Crypt0mer, Michelle Sun, 0xBinji, pango, Riley GMI, wise, Michiel Lescrauwaet, 0x7d54, Jason Brannigan, dan.avax, CryptoCondom, Fed Surfer, peachy, 0x_pasta, 0xGOC, 0xAlbus, Debussy, NooNe0x, Axu, Matt deCourcelle, Angela Ho, A223 mex, devilmaycry, Brad Mills, Kevin Blackburne, Patrick Fitzgerald, Jsoul, 0xBumzy, a.rhythmic, boccaccio, aidan, and Contentooo.
FITCHIN ($3.5M) | A Web3 gaming community playground that connects esports teams and fans.
Ooh La La | The borderless music NFT player & aggregator — with participation from SamsungNext, and Contents Technologies.
DSCVR ($9M) | A blockchain-based social network built on Internet Computer — with participation from Polychain Capital, Upfront Ventures, Tomahawk VC, Fyrfly Venture Partners, Shima Capital, and BDMI.
Aptos ($150M) | Building the safest and most scalable Layer 1 blockchain — with participation from FTX, Jump Crypto, Apollo Global Management, Griffin Gaming Partners, Franklin Templeton Investments, Circle, Superscrypt, Andreessen Horowitz, and Multicoin Capital.
COINZIX ($300k) | More than a crypto exchange, we are an ecosystem — with participation from Legion Ventures.
Hashflow ($25M) | A decentralized exchange designed for interoperability, zero slippage, and MEV-protected trades — with participation from Electric Capital, Dragonfly Capital, LedgerPrime, Balaji Srinivasan, Jump Crypto, Wintermute, GSR, Kronos Research, Altonomy, Coinbase Ventures, Kraken, Fabric Ventures, Evernew Capital, Space Whale Capital, Meltem Demirors, Anthony Sassano, Tatiana Koffman, and Jason Choi.
Covey ($2.5M) | The first analyst-owned community created to find and reward the world's next top money managers — with participation from Social Leverage, Portage Ventures, Cue Ball Capital, and BoxOne Ventures.
Optic ($11M) | An AI-based protocol for validating NFT content authenticity across all chains — with participation from Kleiner Perkins, Pantera Capital, Lattice, OpenSea, Circle, Polygon, CoinDCX, NeonDao, FlamingoDAO, and Greylock Partners.
Zharta ($4.3M) | Transform your NFTs into loans. Instantly — with participation from Greenfield One, Shilling Capital Partners, Possible Ventures, Spaceship DAO, UniWhales Dao, Olisipo Way, and Clever W3B.
Bluejay Finance ($2.9M) | The first Asia-focused capital-efficient protocol for multi-currency stablecoins — with participation from Zee Prime Capital, C² Ventures, Stake Capital Group, RNR Capital, Daedalus Angel Syndicate, Moonlanding Ventures, and Oval Ventures.
🙌 Thanks to our sponsors at BarnBridge
Cardinal ($4.4M) | A Solana Protocol that enables the conditional ownership of NFTs — with participation from Protagonist, Solana Ventures, Delphi Digital, Alameda Research, and Animoca Brands.
FitR | Get fit, play, and earn – a social AI fitness platform — with participation from AVATAR, KuCoin Ventures, and Hashkey Capital.
Halborn ($90M) | Award-winning ethical blockchain hackers to secure your stack end-to-end — with participation from Summit Partners, Castle Island Ventures, Digital Currency Group, Brevan Howard , SkyVision Capital, Third Prime, and Fenwick & West.
KuCoin ($10M) | A global leading crypto exchange — with participation from Susquehanna International Group.
Brixie ($500k) | Crowdsourcing, tokenization & trading of digitalized real estate assets — with participation from
Fedi ($4.2M) | Building a Bitcoin wallet for the masses — with participation from Kingsway Capital, TEN31, Trammell Venture Partners, Hivemind Ventures, Timechain, Recursive Capital, Steve Lee, and Ego Death Capital.
Gamium | Build your Digital ID, Socialize-to-Earn & explore Gamium with your Avatar — with participation from Telefonica Innovation Ventures.
Heartrate ($1M) | The first blockchain-powered exercise & sleep wellness app — with participation from SOS Game Guild.
Veremark ($8.5M) | A pre-employment screening startup — with participation from Samaipata, Stage 2 Capital, Triple Point Ventures, ACF Investors, and Vulpes Investment Management.
XLD Finance ($13M) | A borderless decentralized ecosystem that provides financial services across emerging economies — with participation from Infinity Ventures Crypto, Dragonfly Capital, Yield Guild Games, Digital Currency Group, Circle, Advance.ai, Blockhy.pe, Emfarsis, Firex Capital, Mentha Partners, Morningstar Ventures, Openspace Ventures, Sfermion, Shima Capital, Sparq, Token Suite, Transcend Fund, TrustToken, Berkeley University of California, UOB Venture, Woo Network, Yolo Investments, IDG Capital, Insignia Ventures Partners, and Integra Partners.
Anipen ($8.3M) | A South Korean metaverse platform — with participation from Medici Investment, Ulmus Investment, and Korea Development Bank.
AfriGuild | Creating pathways into Web3 for everyday people — with participation from Adaverse.
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.
📹 Watch What is SMART Alpha?
👀 Read Messari report on SMART Alpha
🕹 Play with SMART Alpha