We focus on value-added investments where we can deploy our expertise, resources and network to drive growth and success of ecosystems and their leading players.
Our investments cover early-stage incubation, venture capital, M&A and other special situations.
We invest in promising companies, teams, and ideas that have the power to move the crypto ecosystem forward in a positive and meaningful way.
Having a wealth of experience in blockchain and crypto, we are sharing our thoughts on the current state and future of the industry.
DAOs are making their impact in the crypto space, but there are challenges hindering their growth; more and more tools/solutions are emerging to help DAOs overcome these challenges and improve the way they are operating. In the next bull cycle for crypto, we believe that DAO’s will probably take over the P2E gamefi projects on the responsibility for onboarding non-crypto users for its more diversified core value propositions, which are not as profit driven as P2E games.
Since the launch of Axie Infinity our view of what GameFi and metaverse really is has been changing. We could quote Vitalik and say that “it’s far too early to know what people actually want” and we tend to agree with this. However, as Web3 venture capitalists our pursuit is to find those projects that will bring about significant adoption of blockchain technology and we firmly believe that Move2Earn combined with RPG is a trend that is being well captured by Genopets, a project we invested back in 2021.
In 2021, the president of El Salvador, Nayib Bukele, made the cryptocurrency bitcoin the legal tender of the country beside the US-Dollar, which was the first move of this kind in the world. This event put El Salvador on the headlines of every economic newspaper and raised both concerns by the IMF and cheers around the world from crypto advocates. Now, after one year and a sharp decrease in the price of bitcoin, consequences of the bold move are starting to show.
The Ethereum Name Service (ENS) recorded over 2.800 ETH in daily volume in the beginning of May. Floor-prices exploded for three-and four-digit ENS-domains and also the accompanying governance-token almost doubled in this timespan to a market capitalization of 450 million USD. Why did ENS take off recently and what is behind it?
A group of former executives from Binance, one of the largest cryptocurrency exchanges globally, has created a $100 million venture fund. Old Fashion Research (OFR) — whose name is derived from the classic cocktail — was founded in late 2021 by managing partners Ling Zhang, who was previously the vice president of M&A and investments at Binance, and Wayne Fu, former head of corporate development at the crypto exchange.
Dux Blockchain Games was the first investment case led by Old Fashion Research (OFR) within Latin America and co-led by Animoca Brands back when GameFi was drawing all the attention in Q4 2021. The project successfully finished an European launchpad at Bit2Me, the very first regulated cryptocurrency exchange in Spain.