1 September 2022

VCs backing projects that are building new web3

• tech, using companion NFT communities to take in initial feedback as they build and iterate, creating demand for future platform/solution
• “the "VC meta" for NFT founders did not start recently; most of these massive rounds were done in January and we've all been quietly building” - Alex Lin, Stacked Studios https://twitter.com/notalexlin/status/1566874021068566528?s=20&t=uXLX8k2FoNiR1KvcaqbI9w

Examples

• Limit Break raises $200 million led by Buckley Ventures, Paradigm, FTX, and CoinBase Ventures https://twitter.com/limitbreak/status/1564240941690798081?s=20&t=EvhN-t6nPwhsv3-P4Ucv8A
• Proof raises $50 million series A led by a16z https://twitter.com/proof_xyz/status/1564689271755137024?s=12&t=o4T26oZesfPIhh1UuC967Q
• Stacked Studios raises $15 million over two rounds led Pantera Capital https://twitter.com/notalexlin/status/1565011672053399552?s=20&t=uXLX8k2FoNiR1KvcaqbI9w
• Dust Labs raises $7 million seed round https://twitter.com/dust_labs/status/1566975856777777152
• Art Gobblers created by Justin Roiland x Paradigm https://twitter.com/artgobblers

3D files

• projects offering 3D files to go with NFT purchases; not new, but becoming more common - open source solution to address interoperabilty, virtual identity, etc; industry standard still lacking
  • earlier examples: Anata
  • recent examples: RTFKT

16 August 2022

Application/Selection/Referral process in lieu of allowlist grind

• https://twitter.com/joinvalhalla
• https://twitter.com/y00tsNFT
• https://twitter.com/artgobblers