After the market has been fluctuating and adjusting for a period of time, a change is expected to come soon. Let’s first review what happened in the crypto circle in the past two days?
• $BNB – Binance announces $IO Launchpool. Trading begins on June 11th.
• $CFX - AnchorX_Ltd joins China's Belt and Road delegation and signs a memorandum of understanding with India International Finance Corporation (AIFC) and Aral Petroleum Capital. (Conflux and AnchorX plan to launch AxHKD stablecoin in Q2)
• $INJ - Injective released the first comprehensive paper on $INJ, detailing the token’s utility and deflationary mechanisms.
• $JTO - Phantom partners with Jito to launch native liquidity staking on Solana.
• $SAND – The Sandbox has raised $20 million via convertible notes co-led by Kingsway Capital and Animoca Brands.
• $STX – Grayscale announced a live event with Stacks co-founder Muneeb Ali, scheduled for June 6 at 11am ET.
• $W – Co-founder Robinson Burkey hints at the release of staking functionality.
• $TAIKO - Upbit has announced the listing of Taiko. Trading start date has not yet been determined.
• Nvidia has surpassed Apple to become the second-largest company by market cap, impacting momentum in the crypto AI space.
A new round of market narrative will definitely be accompanied by the listing of new projects. Do you want to know the next big event in venture capital in 2024?
• $SOL: Peak +118,100%
• $MATIC: Peak +109,000%
• $AVAX: Peak +27,000%
Discover the next 1000x picks from major players:
Cryptocurrency venture capitalists are a group of investors who pool their money to make early-stage investments in a project or company.
Good venture funding is one of the main components for any crypto project to thrive.
There are quite a few venture capitalists today, coming from different continents, following different strategies, and with different amounts of investment capital.
Despite these differences, they all have one thing in common, an interest in finding profitable projects.
The primary motivation behind venture capital is the pursuit of money, money, and more money.
Today, I will share a list of 5 of the most profitable venture capital funds and their top picks in a bull market.
Without further ado, let’s get started.
1、BinanceLabs：
Early stage investment can change your life. They support the rapid development of the blockchain ecosystem by providing funding and practical assistance to industry projects.
Previous successful cases: $MATIC, $ENA, $CYBER, $MAVIA, $ID, $GMT, $BB, $SAND, $EDU, etc.
Potential projects they are currently investing in:
Puffer_finance: A liquidity staking decentralized financial platform built on Eigen Layer.
Kinzafinance: The ultimate liquidity hub for BTC and ETH re-hypothecation assets.
Kinza Finance is non-custodial, permissionless, secure, and uses cutting-edge DeFi mechanisms and solutions to provide users with a flexible and highly customizable DeFi lending experience.
Neutron_org: By empowering smart contracts to run applications on-chain, Neutron enables developers to build groundbreaking applications and engage users from anywhere.
2、Paradigm：
It is one of the best venture capital firms and almost never makes a mistake.
Fun fact: 8 out of 10 projects they invested in gave out generous airdrops.
They invest, build and contribute to companies and protocols with amounts ranging from as little as $1 million to as much as over $100 million.
Previous success stories: $BLUR, $UNI, $AXS, $MINA, $LDO, etc.
Potential projects they are currently investing in:
Babylon_chain: Babylon's mission is to bring Security-as-a-Service to Proof-of-Stake blockchains through staking and re-staking on the Bitcoin network.
Monad_xyz: A new L1 blockchain designed for speed and interoperability.
Blast_L2: An innovative Ethereum Layer 2 scaling solution recognized for offering native yields on ETH and stablecoins, and gaining widespread attention for its rapidly growing and diverse ecosystem of DeFi and gaming projects.
3、A16zcrypto：
a16z crypto is a venture capital fund that invests in cryptocurrencies and web3 startups. The fund has over $7.6 billion in assets under management across four funds and has been investing in web3 since 2013.
Previous successful cases: $GFI, $SOL, $MATIC, $AR, $NEAR, $WLD, $APT, $OP, etc.
Potential projects they are currently investing in:
Farcaster_xyz: A community-created protocol for building a new type of social network.
It was founded in 2020 by Dan Romero and Varu Srinivasan.
The protocol allows users to control their own data and enables developers to build applications without permission.
Eigenlayer: This protocol aims to leverage $ETH for staking with Ethereum validators to secure third-party protocols through a process called “re-staking”.
It aims to provide security services based on its framework and expects nodes to receive payment for their services.
4、Polychaincap：
This is a pioneering primary fund known for investing in early-stage successful projects.
Previous successful cases: $UNI, $SOL, $AVAX, $ATOM, $ALT, etc.
Potential projects they are currently investing in:
Berachain: EVM-based blockchain using the Cosmos SDK with Proof-of-Liquidity consensus.
Milkiway: The staking hub for the Cosmos modular ecosystem.
Movementlabsxyz: The first integrated blockchain network to support the fastest and most secure layer 2 on Ethereum.
5、PanteraCapital：
Pantera Capital is an investment firm focused on companies, tokens and projects related to blockchain technology, digital currency and crypto assets, and is committed to becoming a catalyst for widespread adoption and innovation in blockchain.
Previous success stories: $INJ, $AAVE, $1INCH, $ONDO, $ARB, etc.
Potential projects they are currently investing in:
SynFuturesDefi: A decentralized derivatives protocol built on Blast_L2.
Compared to similar projects, SynFutures stands out and has the potential to become a leader in Blast.
Ton_blockchain: A community-driven blockchain project that aims to enable fast transactions and support a wide variety of dApps.
Originally founded by the creators of the popular encrypted messaging app Telegram.
Remember, if you view your position as a long-term investment, a market drop should be viewed as a gift. It provides an opportunity to buy more tokens.
Finally, it is crucial to have a strategy before making any purchases, and never invest all of your money.
I hope this topic is helpful to you. 🙏Thank you for your likes and support👍