Fabric Ventures Review: Investment Fund Have A Safe Way
Fabric Ventures is a crypto-asset-focused venture capital firm based in Luxembourg. The bulk of Fabric Ventures’ portfolio is comprised of crypto assets across DeFi platforms.
The fund, which is supported by OpenOcean and Firestartr, takes a typical long-term venture method to invest in highly scalable decentralized networks, therefore supporting the human-centric trend. Fabric Ventures is actively funding ambitious initiatives with the goal of laying the groundwork for the “4th Era of Open Source” under the slogan “Supporting the Founders of the Open Economy.”
Fabric Ventures raised $130 million in July 2021 to invest in open economy initiatives. It obtained $30 million from the European Investment Fund (EIF), making it the EIF’s first fund permitted to invest in digital assets.
Atomico, Mike Novogratz’s Galaxy Digital, Barry Silbert’s DCG, and more than 40 additional partners, including founders from Ethereum, Polkadot, Near Protocol, Google, and Paypal, have also invested in the fund. Now, the Fabric Ventures Review article will explore the core team of the project.
Since 2012, Richard has been an early-stage venture investor with a focus on blockchain. He has made investments in Pantera Venture Fund I, Bitstamp, Bitrise, Tray.io, and others. He has previously held a number of important jobs such as Ocean Protocol Adviser, NEAR Foundation Board Member, Venture Partner, and General Partner at OpenOcean Investment Fund…
Anil Hansjee is well-known in the UK as a skilled Angel Investor, having completed over 130 successful transactions. Hansjee’s investing career began after graduating from London Business School and joined JP Morgan Chase, one of the world’s oldest banks. Anil Hansjee began his career at JP Morgan Bank and has since gone on to invest in technology with funds such as EQT Partners and Mojo, as well as organizations such as International Data Group, Google, Modern Times Group, and PayPal Ventures.
He is a successful venture capitalist with extensive expertise. Prior to starting Fabric Ventures, he worked in venture capital funds as an Investment Analyst at Open Ocean Partners, an Investment Associate at Lean Investments, and on the company’s investing team. Mangrove Capital Partners and e.ventures are two European venture capital firms. In the aftermath of the crypto market’s waves, Max Mersch launched the fund with a firm mentality.
The fund’s portfolio, which comprises open web, open financial, and open media initiatives (including Polkadot, The Graph, Sorare, 1Inch, SkyMavis, and Near) and began in 2017, now has a total value of $42 billion. The Fund prioritizes open web, open finance, open media, and open education initiatives.
Homa Games
Homa Games is a mobile game publishing and development platform for studios and developers. It creates games both internally and in collaboration with over 200 hand-picked developers throughout the globe. The business has released over 30 games, including NERF Epic Pranks!, Sky Roller, and Idle World.
MatchboxDAO
MatchboxDAO is an ecosystem DAO to ignite and fuel fully on-chain games. MatchboxDAO has 7 investment funds including prestigious names such as 1kx, BITKRAFT Ventures, Delphi Digital, Big Brain Holdings, Mirana Ventures, Lemniscap and not to mention Fabric Ventures.
Minteo
Minteo is a non-traditional trading platform that focuses on connecting Latin American consumers and companies to Web3. It provides an easy-to-use mobile software that simplifies the purchasing, selling, and trading of digital assets by including a built-in self-custodied wallet, the ability to pay using local payment methods, and a marketplace with local content.
Magicave
Magicave is a totally remote team of developers, designers, and artists from all over the globe, founded by gaming industry veterans from Sony PlayStation, Yakuto, The Secret Police, Marvelous, and many more, and funded by prominent game creators and investors.
Immutable X
Immutable X is a layer-2 (L2) blockchain that is extensively utilized for NFT projects and Web3 games to boost scalability on the Ethereum network. It has a quick transaction validation procedure that can handle up to 9,000 transactions per second (TPS). This is due to the fact that it employs Zero-Knowledge (ZK) Rollups technology.
Sky Mavis
Sky Mavis creates blockchain-powered games and goods. Sky Mavis, founded in 2018, is a firm that uses blockchain technology to create games, the most notable of which being Axie Infinity. This is a digital pet world in which users battle, grow, and trade adorable animals known as Axies.
Orchid
Orchid is a decentralized system running on the Ethereum Blockchain network, providing VPN service connecting users and bandwidth providers. Orchid aims at a decentralized marketplace for VPN services with a vision to build an open source software so that anyone can access the internet anywhere.
Streamr
Streamr DATAcoin is a blockchain platform designed to encrypt streamable data, allowing people to freely exchange digital content and connect with each other using a dedicated P2P network. Using this platform, users have the ability to quickly create real-time applications without spending much time and without much programming knowledge.
Status
Status is an open source messaging platform and mobile interface to interact with decentralized applications that run on the Ethereum Network.
Ocean
Ocean presents the next generation of tools for large-scale data unlocking. It simplifies the publishing and consumption of data services.
Ocean connects data assets with blockchain and DeFi technologies using Data NFTs (ERC721) and datatokens (ERC20). Via DeFi composability, crypto wallets become data wallets, crypto exchanges become data markets, DAOs for data co-ops, and more.
Centrifuge
Centrifuge is a lending protocol for decentralized finance (DeFi) that promises to make financing more accessible to small enterprises while simultaneously offering a consistent income for investors by introducing pooled liquidity into the realm of conventional finance.
Tinlake, Centrifuge’s related decentralized application (dApp), is a marketplace for tokenized real-world assets. Companies may gather assets to serve as collateral on loans and immediately access more liquid cash given by private investors by minting Non-Fungible Tokens (NFTs) that reflect verified real-world assets.
Staked
Staked is a platform that provides non-custodial open financial infrastructure for developers to create goods and services on.
Coinbase
Coinbase is the largest cryptocurrency exchange in the United States. The San Francisco-based startup, founded in 2012, has survived recurrent Bitcoin bubbles to become the go-to site for Americans to acquire so-called digital gold and other blockchain assets. Coinbase, led by former Airbnb programmer Brain Armstrong, is one of the most significant digital finance upstarts attacking Wall Street. A diaspora of former Coinbase executives has become significant entrepreneurs in their own right, similar to the PayPal mafia.
HashFlow
HashFlow is a DEX that specializes in helping users make transactions with a variety of tokens. Besides, this Protocol also allows connecting investors with top MMs. HashFlow also provides users with a swap mechanism without the need for a Cross-chain bridge, thereby minimizing the unnecessary risks of this bridge. Not only that, this mechanism also helps users’ assets to be protected and transact with low gas fees, only 1/2 of uniswap’s fees.
1inch
1inch is an exchange aggregator that searches decentralized exchanges for the best cryptocurrency rates for traders, and it is powered by the 1INCH utility and governance token. 1inch works in the same manner as many famous travel booking services. 1inch aggregates crypto prices and trading fees across numerous decentralized exchanges, just as these sites aggregate costs from hundreds of airline, hotel, and travel provider websites.
EtherMail
With the aim of providing users with the ability to anonymously and encrypted communication between wallets. EtherMail is designed to support anonymous P2P (Peer-to-Peer) communication features and allows users to monetize reading emails through the Read2Earn model.
Flashbots
Flashbots is a research and development organization working to mitigate the negative effects of existing MEVs, while avoiding the existential risks that MEVs can pose to blockchains, typically Ethereum.
Argent
Argent is a wallet that allows you to securely store coins and NFTs. It exclusively accepts Ethereum-based tokens, so you can’t use it to store other popular cryptocurrencies like Bitcoin or Bitcoin Cash.
ConsenSys
ConsenSys is a market in blockchain technology. ConsenSys is creating Ethereum blockchain infrastructure and applications for new economic systems that are more open, efficient, and secure, from developer tools to corporate solutions. ConsenSys is the market leader in Ethereum software.
CUB3
CUB3’s platform enables brands to create their own loyalty programs to increase engagement and retention. Brands can use the self-service tool to launch campaigns directing users to specific things on different platforms across web2 and web3 to get rewards. Users who complete the campaign, will be automatically granted rewards for online and offline interactions.
Alliance DAO
In Q2/2021, the fund participated in the Alliance DAO investment right before the project went public. Currently, Alliance Dao has successfully built a user-friendly Web3 network. This is considered the project’s gratitude to those who have contributed to DeFi Alliance in particular as well as all users in general.
Fabric Ventures investment fund is one of the funds with a relatively safe path when the projects in which the fund invests is developing stably. In the short term, these are good projects, but in terms of long-term potential, we can’t be sure of anything. Through the above article, Coincu hopes to provide readers with new perspectives on Fabric Ventures. Hopefully the Fabric Ventures Review article has helped you understand more about the project.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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