Delphi Digital makes millions by investing in crypto startups. This year alone they invested in 15 companies & tracking their investments helps us spot new narratives. Here is the complete list of Delphi_Digital investments in 2023!
1. Injective_:
Injective is one of the most hyped DeFi Ecosystems of this cycle. In January, they raised $150M to accelerate their interoperability & DeFi infrastructure. The money will be used to fund projects building on the Injective -airdrops season incoming?
2. KarateCombat:
Karate Combat is the worldâs premier full-contact striking league claiming to have 200 million digital views per month. They raised $18m in their funding round in April 2023. To my surprise, the announcement about their raise got deleted from their website.
3. jungle_xyz:
Jungle is a web 3.0 gaming studio. They raised $6m in their Seed Round & they are currently working on a Next-gen mobile tactical shooter.
4. 0xPFL
The Polygon FastLane is a protocol to compensate validators, reduce transaction spam, and improve network health. They want to monetize propagation bottlenecks in the p2p layer Polygon. A complicated way to say that they make money with MEV transactions.
5. anoma
An intent-based architecture for decentralized counterparty discovery, solving, information flow control, & multi-chain atomic settlement. Overall I'm very bullish on intent-based protocols. This is a protocol to keep an eye on.
6. LensProtocol
Lens is a Web3 social graph on the Polygon. They are building the technology that powers the Web 3.0 version of social media. With Lens, you can truly "own your followers" similar to how you can own "in-game assets" in Web 3.0 games.
7.HyperPlayGaming: A web3 native game launcher and game store aggregator. It allows you to bring your wallet, tokens, and NFTs into every native or browser game. A cool project that I have to do more research on when I have time.
8.Neutron_org Cross-chain CosmWasm Platform secured by with interchain security from the Cosmos Hub (Cosmos Consumer Chain). Neutron (together with SEI) is one of the Cosmos chains that I'm closely watching. They didn't fully convince me yet to accumulate their token.
9.Aark_Digital A perpetual exchange on Arbitrum. I'm not exactly sure when Aark is going to launch their token but they do insane trading volume already - $1,879,336,072.
10.RiscZero: An Infrastructure & tooling project that empowers developers who want to build with ZK technology. Definitely a cool project for developers but maybe not the most interesting for retail.
11. ethena_labs Ethena is creating infrastructure to transform Ethereum into the first crypto-native yield-bearing synthetic dollar that is not reliant on the banking system: USDe I love how they say "synthetic dollar" instead of stablecoin.
12.grvt_io The next-gen hybrid derivatives exchange. Allows to trade on the next-gen hybrid exchange with up to 600k TPS, self-custody, and zk-powered privacy.
13.HYTOPIAgg HYTOPIA is a collaborative Web 3.0 game built by a community at the forefront of Minecraft's modding and third-party games. Their mission is to encourage innovation and collaboration among a community of players & driven content creators.
14.avalon Avalon is a Web 3.0 gaming studio that is building interoperable and multi-genre MMORPs to enable players to seamlessly create the worlds of their dreams.
