Founded in 2020, SevenX Ventures is a cutting-edge crypto investment fund in Asia, focusing on discovering early-stage entrepreneurs and project targets in the blockchain field, focusing on primary market investment and continuing to serve entrepreneurs. Its three founders The partners and team are also veterans with more than 5 years of experience in this industry.
In terms of investment style, SevenX Ventures advocates ” immersion investment ” – in addition to financial support, it also empowers the invested projects in financing planning, financial product design, economic system, marketing, etc., providing one-stop services Capital, insights, operations and other expertise to help blockchain startups grow.
In addition, in addition to the traditional DeFi, NFT, GameFi, Metaverse, Web3 and other tracks, SevenX Ventures continues to follow the Ethereum ecosystem, and pays special attention to the investment opportunities in the Arweave ecosystem, NEAR ecosystem, and Polkadot ecosystem. There are many layouts in the entrepreneurial projects of the public chain ecology.
According to incomplete statistics, SevenX has a total of about 80 public investment portfolios in the field of encryption, covering blockchain networks, DeFi, NFT, GameFi and Metaverse, Web3 and many other fields . In addition, in addition to traditional investment projects, SevenX also combines the attributes of “FOF” to invest in a number of leading fund partners in the industry.
venture capital fund
Lemniscap is an investment fund focused on early-stage emerging crypto assets and blockchain startups, with representative projects including Algorand, Avalanche, FTX, The Graph, and more.
gumi Cryptos Capital is an encrypted venture capital institution funded by a Japanese listed game company. The team is mainly based in Japan and the United States. Representative projects include OpenSea, YGG, Celsius Networks, 1inch Network and Qredo.
Sparkle Ventures is a new fund co-founded by the founders of Animoca and Sandbox, based in France, to support Web3 and participate in the building of the Metaverse.
Meta Web Venture Capital is a cutting-edge fund initiated by the former head of the Asia-Pacific region of Near. It mainly invests in the Near ecological layout, and its representative projects include Aurora, Octupos, Orderly, etc.
BitKraft Ventures is the world’s leading investment institution focusing on games, Web3 and immersive technology. It has more than 10 years of investment experience in the game industry, and its representative projects include Alethea, YGG, Immutable, Horizon, Ember Sword, etc.
32bit Ventures is an investment institution focused on blockchain games and ecosystems established by the chief product officer of Civitas, with more than 10 years of experience in the game industry.
Arcanum Capital is a blockchain venture capital fund focused on the Indian market, primarily funded by the founders of Ploygon.
Bonfire Union Ventures is a Web3-focused venture capital fund. It was funded and established by Mask, the world’s leading Web3 protocol. It has extensive investments in content and social networking, and its representative projects include RSS3, Meson, Scroll, etc.
C2 Ventures is a venture capital fund focused on investing in early-stage Web3 projects, founded by Ciara Sun to provide financial and operational support to the next generation of Web3 builders. Representative projects include Project Galaxy, Kemet Trading, Truflation, Orderly and Gala Music, among others.
Geekcartel is a DAO Ventures, jointly established by a group of senior white hats, technical geeks and community KOLs, to help projects empower projects in security audits, fund security, and community building. Representative projects include GO+, Project Galaxy, Star Sharks, etc.
Aurora is a Bridge + EVM solution for Ethereum built on NEAR that helps Ethereum users and Dapps easily migrate to the NEAR blockchain.
Oasis Network is a Layer 1 public chain that focuses on privacy protection. It provides users with high security, privacy and scalability through Proof-consensus mechanism smart contracts. Additionally, through the Tokenized Data model, Oasis Network helps users manage and leverage the potential benefits of data and earn attractive rewards by staking their data into applications.
Octopus Network is an application chain network built on NEAR, allowing developers to easily integrate with NEAR to publish their own blockchains, and support customizable encryption economic rules and governance rules like application chain protocols such as Cosmos and Polkadot.
Unique Network is an NFT public chain designed based on Polkadot and Kusama. Through the open source component library, anyone can customize the NFT minting scheme, avoiding problems such as high gas fees on Ethereum, and is an important NFT infrastructure for Polkadot ecology.
NEAR is a Layer 1 public chain, and its features include optimized sharding design, Nightshade consensus and “large block” design. SevenX believes that NEAR is the public chain that is most able to undertake Ethereum in terms of legitimacy. It has a very deep understanding of the Ethereum 2.0 system and has actually developed and implemented it: the system design of POS + sharding. In addition, the design of the NEAR account system and the support for large-scale concurrent applications make NEAR the most potential infrastructure to undertake the transformation of Web2-Web3 applications.
Arweave is a Layer 1 permanent storage public chain with features including optimized sharding design, Nightshade consensus and “big block” design.
SevenX believes that the DeFi industry is composed of a “three-layer structure” similar to a house, which is divided into three layers of “foundation-pillar-roof” . The left side of the figure represents the element that has the greatest impact on the “house” of DeFi, similar to “cement”. Sand and Stone”.
Among them, the bottom foundation is “cash” and “assets”, which are the two most basic elements in a financial system.Cash is stable currency, and assets are assets that are native to various blockchains or externally mapped into the blockchain. On the foundation, there are five pillars, corresponding to transactions, lending, asset management, payment, and derivatives.
On the side of DeFi buildings are expansion, cross-chain, privacy, and oracle machines. These “cement” and “sand” are the infrastructure that affects the construction of buildings. Changes in these infrastructures will also affect or change the changes in the DeFi industry.
Trading & Liquidity
Although the trading track is currently dominated by the AMM mechanism, SevenX believes that when the performance of the public chain is further improved or the L2 solution is implemented, the trading method may return to the “orderbook”.
DODO is a decentralized exchange using Active Market Making (PMM).
Ref Finance is the NEAR ecosystem’s AMM and stable currency exchange market, aiming to provide DeFi one-stop service for the NEAR ecosystem. It will focus on the centralized liquidity function in the second half of 2022, and launch the Zap Swap function, allowing anyone to Access any LP token in action.
As a decentralized exchange built on the Gonsis chain, CowSwap is a DEX that focuses on aggregated liquidity and anti-MEV from the Gonsis team.
Zenlink is the underlying cross-chain DEX protocol based on Polkadot and is committed to becoming the DEX combination center of Polkadot. By accessing the Zenlink DEX Protocol, an open and universal cross-chain DEX protocol based on Substrate, all parachains can build DEXs with one click and achieve liquidity sharing.
WOO Network is a zero-Taker rate aggregation swap that aggregates centralized exchanges and decentralized trading orders and provides them to institutional users and DEX protocols.
Hypersea DEX is an intelligent liquidity management protocol designed to improve the interests of liquidity providers (LPs) and reduce the risk exposure of traders.
Shadow Labs is a DeFi fund jointly established by the global Cefi head hedge fund Hashbot, DODO and SevenX, focusing on DeFi liquidity management and product design. Currently serving customers mainly include DODO, DYDX, iZUMi, GMX, YIN.
Revenue & Management
SevenX believes that in the future, the DeFi protocol will truly play the role of a protocol, that is, users do not directly interact with the basic protocol, but interact with the underlying protocol through the aggregator and Dashboard. The aggregator will become the aggregation portal of traffic, and then the user traffic Distributed to the various protocols below.
Zerion is the world’s leading DeFi and NFT asset portfolio panel + cross-chain transaction aggregator, and has developed its own non-custodial wallet with an average of 50,000 daily active users.
Furucombo is a multi-chain DeFi aggregator. Users can create DeFi portfolio strategy pools and benefit from them like fund managers, or they can independently choose excellent DeFi portfolio strategies and gain benefits from them. It aims to build a cross-chain infrastructure that enables Furucombo Be the gateway to DeFi on different chains.
Phuture offers an “open design” philosophy for creating DeFi investment strategies, the protocol will include a unique, scalable, aggregated index architecture, enabling the protocol to rebalance across multiple price indices in real-time, supporting users Build, create and invest in indices in a Web3 environment.
Swivel Finance is a decentralized fixed-rate loan and interest-rate derivatives protocol, focusing on interest-rate derivatives.
YIN Finance is an active aggregated liquidity management protocol for the Uniswap V3 market. Users can achieve better liquidity management through CHI (YIN Finance’s active liquidity management strategy) in the subscription protocol, thereby achieving higher returns.
Lending & Derivatives
In terms of lending, although Compound and Aave, which are currently over-collateralized, are in an absolute leading position, SevenX considers that with the opening of DID and off-chain identities in the future, credit loans will begin to emerge and develop rapidly.
Opium is a general and comprehensive on-chain derivatives protocol that allows users to create, clear and trade any decentralized derivatives.
Burrow is a lending protocol for the NEAR ecosystem, focusing on interest-earning assets, especially those with fixed interest, such as staking derivatives (stNEAR, stETH, stSOL).
Shield Official is a crypto-native solution for on-chain derivatives trading and aims to be a one-stop shop for Web3 structured products, including innovative derivatives Shield Perpetual Options that enable high capital efficiency, low LP counterparty risk, and no LP counterparty risk. Impermanent losses; and Shield Vaults, a cryptographically structured product that helps users improve portfolio returns.
Strips Finance is a decentralized interest rate derivative in a peer-to-peer pool model. Users can trade derivatives with the capital pool based on interest rates.
synfutures is an open synthetic derivatives exchange, focusing on building an on-chain synthetic derivatives market, covering open-ended LPs adding any assets and trading pairs with any expiry date; synthetic automatic market maker model, supported by single-currency market making Including cross-chain, off-chain and index and other synthetic asset transactions; 3. Automatic liquidator mode, and realize the three functions of partial liquidation on the chain.
The wallet will serve as the infrastructure to connect almost all blockchain applications. In the market of the previous few years, wallets, as projects with unclear profit models, have not been popular with capital. With the maturity of the public chain ecology, more and more DApps with real use value will continue to emerge, and the wallet will become an infrastructure with a profit model. With the aggregation of traffic, wallets can extend down to all pillars such as aggregators, transactions, lending, payments, derivatives, etc., and even go deep into cash and asset bases.
Blocto is a cross-chain smart wallet that aims to be the entry point for users to enter digital currencies, DApps and NFTs. It has supported networks such as BNB Chain, Ethereum, Flow, Solana, and Tron. It has embedded cross-chain DEX Bloctoswap, and is available to other DApps. Provide wallet SDK solutions.
Sender is the native head wallet of the NEAR ecosystem, and it has been connected to more than 20 head protocols on NEAR.
BitKeep integrates the five functions of “Wallet”, “BitKeep Swap”, “NFT Market”, “DApp” and “Discover”. It focuses on a decentralized multi-chain digital wallet. In the future, it will shift from a closed organization to a DAO governance model, and establish a multi-chain ecosystem that supports Blockchain infrastructure.
Vega Protocol is a Layer 2 solution for trading derivatives in a decentralized manner, allowing users to anonymously launch derivatives markets, including futures, trades, and options, while complying with regulations and removing financial intermediaries.
Acala is the DeFi infrastructure of the Polkadot ecosystem. It aims to create an open financial framework in conjunction with the Polkadot ecosystem. It has launched the Honzon protocol for cross-chain multi-asset mortgages, the Homa protocol for releasing Staking asset liquidity, and a decentralized exchange. etc. Core Layer1 module.
Bifrost is the basic protocol of Polkadot ecological DeFi. It is committed to becoming the infrastructure for providing liquidity for pledged assets. Currently, it has launched a derivative vToken for Staking and Polkadot parallel chain card slot PLO, which can realize the transfer channel of pledged rights such as Staking and PLO. Pledged asset risk hedging.
The original head financial infrastructure in the Orderly Network NEAR ecosystem, co-incubated by the NEAR team and WOO, focuses on orderbook transactions on NEAR.
everFinance aims to provide everyone with decentralized financial services without time and space boundaries. Its goal is to improve user experience, lower development thresholds, and provide everyone with decentralized and trusted financial applications. The everPay that has been launched is a blockchain Easy-to-use solutions and application protocols provide users with a payment and settlement experience close to the Internet on the premise of ensuring credibility.
Fusotao’s financial infrastructure application chain built on Octopus not only has an orderbook transaction protocol itself, but can also issue its own DEX based on them with one click.
TiTi Protocol, a new generation of stablecoin issuance protocol, innovatively developed the incentive model of monopoly AMM and Use to Earn, and provided the market with a more efficient design in terms of protocol revenue sources and liquidity management and incentives.
As an encryption incubator, Dao Maker can provide blockchain SaaS solutions, token economics design and other services for encrypted projects.
Dora Factory is a DAO-as-a-service infrastructure based on Polkadot. It is an open and programmable on-chain governance protocol platform based on Substrate, which can provide quadratic voting, curve auctions, and Bounty incentives for a new generation of decentralized organizations and developers. , cross-chain asset management and other pluggable governance functions, and developers can submit new governance modules to this DAO as a service platform and receive continuous incentives.
InsurAce.io is a decentralized DeFi insurance protocol that provides “package” insurance services, as well as investment functions, providing users with guaranteed and profitable insurance services.
Amulet Protocol is a decentralized insurance protocol for the Solana ecosystem that supports claims pools, vaults, and other reserve layers through protocol-controlled underwriting value (PCUV) centralized revenue to reduce the loss of pledged capital.
Swing is a cross-chain liquidity protocol that crypto developers and traders can use for cross-chain transactions and liquidity migration between blockchains such as Ethereum and Solana.
O3Swap is a cross-chain aggregation transaction protocol, which can aggregate the liquidity of multi-chain DEX by interacting with mainstream public chains such as Ethereum, BNB, Neo and Layer2 cross-chain, thereby realizing the free exchange of mainstream assets on different chains.
If FT corresponds to the “money” in the blockchain world, and NFT corresponds to the “things” in the blockchain world, in other words, any object with specific attributes in the blockchain world can be expressed in NFT.
So the idea of SevenX is that the structure of the entire NFT track also follows the logic of the bottom layer – the middle layer – the upper layer traffic. At the bottom layer is the L1 public chain that supports NFT. On top of this is the NFT protocol standard. Each project party may launch its own NFT protocol standard to suit different application scenarios. On top of this is the NFT cross-chain protocol and expansion scheme. , NFT’s MetaDate storage scheme, and on top of this are some very interesting collections of smart contracts for composing and interacting between NFTs.
On top of these protocol layer infrastructures, there are several important application scenarios of NFT, including games, social networking, collectibles (virtual real estate), IP and NFT as PASS. At the top of the entire NFT system is the traffic source. These flows will be distributed around different assets and projects in an organized fashion in the future.
On the left and right sides of the NFT system are the two most important groups for the entire system: collectors (buyers) and creators (sellers), who bring purchasing power and assets to NFTs, respectively. Creators from the right side enable more assets to be minted in the form of NFTs, enter the overall use, circulation and financial system of NFTs, and be purchased by collectors from the left side.
Pixelynx is a music Metaverse distribution platform. Creators can quickly generate different Metaverses based on existing templates (themes, art elements, game and economic mechanisms, etc.), play games or performances in them, and facilitate fans to obtain experience and assets.
Smart Token Labs is a token standardization protocol through which NFT holders can create “synthetic NFTs” that inherit original traits while accommodating new custom traits.
Whale Shark was founded by WhaleShark, one of the largest individual buyers of NFTs in the crypto asset market. WHALE tokens are indirectly backed by WhaleShark’s NFT assets, which are stored in addresses called “Vaults” and are mainly managed by WhaleShark.
Accursed Share is a dynamic NFT technical solution provider and NFT issuance platform. The NFT minted by users can change according to changes in external data.
MintGate is an NFT casting platform that supports access to multiple chains (Ethereum, xDAI, Polygon, Near, etc.). It mainly solves the low availability and high usage threshold of the existing NFT casting and distribution platforms. Creators can put NFT content first. On MintGate, fans choose to pay gas fees to mint that NFT on any of the supported chains.
myNFT is based on the Flow public chain, which aims to connect the eastern and western markets and provide users with high-quality issuance, trading, and social experience. At the same time, it can aggregate management and display users’ NFTs, and aggregate users’ social relationships based on this.
Taker Protocol is a leasing and lending protocol for new assets (such as NFTs, etc.), which aims to provide users with a quotation mechanism and provide mortgage lending and other services for new asset holders such as NFTs.
AFKDAO, as a game NFT liquidity protocol, uses ERC721 assets to create delegated NFT assets to build NFT’s DeFi infrastructure, including trustless asset management and unsecured NFT lending, etc., supported by the delegation function of its proprietary ERC4610 protocol .
GameFi & Metaverse
SevenX believes that the Web3 game track consists of the infrastructure layer, the upstream, midstream and downstream of the industry chain from bottom to top, and there are other services running through the upper, middle and lower reaches of the game industry.
FearNFT is the only horror series with IP (Whack It) + NFT Collection + Gamification.
Civitas is an innovative city-building Metaverse game. Users can participate in the entire development process of a city’s construction from scratch, and choose their favorite activities, including: resource collection, trade, business, construction, etc.
StableBattle is a P2E casual game for mobile and PC.
Cyberverse is a cyberpunk shooter and Star Wars Metaverse development world.
Ignite Tournaments is the world’s first Web3 gaming esports tournament platform for mobile phones, designed to inspire billions of non-professional gamers and esports enthusiasts around the world to organize their own esports tournaments and earn money from them.
YGG is the oldest and largest chain game guild.
YGG SEA is the first regional sub-DAO under YGG, focusing on players in Malaysia, Indonesia, Vietnam and Thailand.
OP Games is a Web3 game distribution platform. By integrating NFT and DAO, users can deeply participate in their favorite games, better hand over the ownership of games to developers and communities, and jointly build a game ecosystem.
Colizeum provides a complete set of solutions for game on-chain, game distribution and game guessing for traditional competitive games.
Bit.Country is a decentralized virtual world and NFT project built on Substrate, aiming to bring a wealth of knowledge and connections to Metaverse games.
MetaMetaverse is a Metaverse interoperability project launched by MetaMask founding architect Joel Dietz. It will have its own Layer 1 blockchain and a new programming language “metametalang” that allows users to build their own Metaverse. New programming languages can be used to run games and simulations inside “cubes” and map parallel realities.
Ethereum Towers aims to build a community-centric vertical Metaverse world consisting of 4,388 resident-owned apartments and common areas.
MetaEstate is a company that provides a full range of encrypted Metaverse services, aiming to help more users enter the Metaverse world with zero barriers, provide landowners, artists, etc. with a more immersive, real-time and diverse pan-entertainment experience, and provide Users provide various services including buying and selling/renting Metaverse real estate, building and immersive experience, marketing planning and event execution, advertising, and wearable peripheral design.
Matrix World is a 3D programmable multi-chain Metaverse, which can realize 3D low-code AI Generate Contents (AIGC) and User Generate Contents (UGC) creation, as well as provide beacons for the Metaverse world, and integrate the multiverse space through code .
Rangers Protocol is an NFT public chain infrastructure incubated by MixMarvel, providing cross-chain services with higher performance and optimized experience for blockchain games and assets.
Azuro is a decentralized betting protocol built using smart contracts, including classic betting and prediction markets. It builds an on-chain gaming mechanism through liquidity provision, front-end management, data provisioning by oracles, and decentralized (DAO) governance.
SevenX believes that Web3 is actually a wake-up call for network rights and a yearning for a new order. Therefore, the most important thing at the moment is to wake up and wake up more people to pick up this right and establish this consensus. Therefore, the overall structure of Web3 is It can be divided into four layers:
- The bottom layer is the smart contract and protocol layer that the user cannot see;
- The second layer is the storage layer that the user can use but cannot see;
- The third layer is the data layer that users can use but cannot see after being encapsulated;
- The fourth layer is the visible and usable application layer.
Social & Content
Mask Network is a bridge that helps users seamlessly transition from Web2 to Web3, allowing users to seamlessly send encrypted messages, cryptocurrencies, and even decentralized applications (such as DeFi, NFTs, and DAOs) on the platforms of traditional social giants.
As a Web3 social middleware, ShowMe focuses on NFT social networking with subscription as the core. Creators can attract and accumulate fans through flexible subscription methods.
Yup is a decentralized social protocol that visualizes social influence. It can be embedded in various existing social platforms (Twitter, Youtube, Facebook, Instagram, etc.) Manage other social actions and earn money from established social preferences, content created and shared, and credit.
t2.world is a decentralized publishing platform that provides a “Read-and-Earn” mechanism to encourage deep reading.
ChainFeeds is an open source Web3 content aggregation platform, founded by Pan Zhixiong, the former research director of Chain News, and has now launched the Alpha test version. It aims to provide industry users with standard and high-quality content acquisition tools starting from the information source open source plan RSS Aggregator for Web3 .
Akord is an Arweave-based storage, social, and privacy-preserving protocol.
Identity & Privacy
Clique is a privacy-focused identity and reputation system designed to connect Web2 to Web3.
Litentry aims to provide Web3 decentralized identity management services. It integrates the information of network identities on different chains, including data generated by DeFi, on-chain governance, etc., to create an on-chain identity credit system to help solve most of the current problems. In the blockchain, airdrops are inefficient, lack of credit lending, PoS power concentration and other issues.
Zecrey is a Layer 2 general privacy cross-chain protocol based on zk-Rollup, which can realize the privacy cross-chain transaction of digital assets of different public chains (Ethereum, Near, Solana, BNB Chain, etc.).
Integritee Network is a TEE privacy protocol developed based on Substrate.
DAS is a multi-chain account system based on Nervos, which can provide a globally unique identity system suffixed with .bit, which can be used as a digital currency collection account, domain name, and as an account for accessing general Internet services.
Crust Network is a decentralized storage protocol based on IPFS.
AR.IO Network is an important infrastructure for Arweave’s outward expansion, which can better lower the threshold for users to access Arweave network data.
Ardrive is a full-featured permanent file storage application with privacy and anti-censorship features, which can provide a more secure permanent data storage solution. It is the portal and traffic portal of the Arweave ecosystem for users in the vast Web2 world.
Koii Network is a consensus middleware and state middleware on AR. It aims to create a framework for quickly generating consensus, and DApps on AR can generate their own consensus on this framework. Koii allows any code in any language to be released in the form of tasks, and nodes complete and receive rewards, so that any code can be run on AR.
Cassava Network is an African blockchain infrastructure network incubated by Transsion, which connects content creation and consumption through consensus incentives that benefit content creators and consumers.
ParaState allows developers to write Ethereum-compatible smart contracts in popular programming languages and run on Polkadot.
Spheron Protocol enables any project to deploy Web2 frontends and applications on Arweave with very simple operations.
Meson Network is a Web3 bandwidth protocol that aggregates idle servers through mining, schedules bandwidth resources and serves the file and streaming media acceleration market, including traditional websites, videos, live broadcasts and blockchain storage solutions.
Go+ Security is a Web3 data-driven security network protocol that provides open, permissionless, user-driven security services for all kinds of blockchain users.
Deeper Network focuses on decentralized network protocols, combining some network hardware equipment, security technology, sharing economy and blockchain technology to provide distributed network services for global users.
Decentology is a smart contract modular development platform and market, focusing on the trading market of smart contract components and providing developers with a modular development platform.
The structure of the Web3 data track can be divided into four levels, which are the bottom-level data source, the second-level data acquisition, the third-level data query and index, and the top-level data analysis and application.
Footprint Analytics is a community-driven data analysis platform, where users can view the data of various protocols on different chains, which can fill the gap between professional users and pure white users.
DeepDAO is a comprehensive data platform for DAOs that analyzes, explores, and ranks DAO organizations based on multiple dimensions.
SubQurey is the data indexing service of the Polkadot ecosystem. It provides services for processing and querying project-related data for Polkadot and Substrate projects. It is currently expanding to Avalanche and Cosmos ecosystems.
Kwil DB is a decentralized SQL database based on Arweave.
Through data aggregation and analysis, DeBank provides data API services for asset distribution and asset transaction records and behaviors for various protocols, wallets and other front-end entry products. At the same time, it also has a C-side dashboard and wallet, aiming to become a leader in the DeFi industry. Data cornerstone.
CyberConnect aims to connect everyone on Web3, build a social graph infrastructure for Web3, build a publicly accessible, decentralized social graph protocol that returns data ownership to Web3 users.
RSS3 An open information syndication protocol designed to support efficient and decentralized information distribution in Web3.
Web3 won’t happen overnight. In the investment wave of the paradigm shift from Web2 to Web3, whether it is an old fund with huge tentacles and attacking from all directions, or a new team like SevenX that “persists in early investment and seeks non-consensus targets”, all need to rely on their own knowledge of Web3. Portraits, to discover projects, and to invest in layouts before trends arrive, time will tell.
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/one-article-overview-of-asias-emerging-crypto-venture-capital-sevenx-ventures-investment-map/
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