🦄Web3 Startups and VCs

02 Sep 2023 10:03

Asked AI to draft a diagram of crypto VC decision-making 👆

Guess what? Even the artificial mind🧠 understands that clarity is an essential element.

If investors can’t understand what you’re building, they won’t make an effort to dive deeper or connect. It’s that simple 🤷‍♀

Be clear in your pitch!

🦄Web3 Startups and VCs

31 Aug 2023 17:30

⏰in 30 mins: LIVE Q&A with TON

Today in 30 minutes we start our LIVE workshop & Q&A with #TON, a decentralized and open internet from Telegram!

- Explore new TON's web3 solutions for your startup mass adoption;
- Dive into partnerships and ecosystem grants within the TON ecosystem;
- Learn how to reach 800+ million Telegram audience with your crypto app;
- Present your startup to TON and get feedback + build relationship through Eugene Anisei, TON's key expert and LEAD @ Ton Society Europe.

Starting at 18:00 CET | 16:00 UTC time

🔗 YouTube LIVE Stream (for everyone!)

🔗 Zoom meeting (exclusively for startups on InnMind subscription)

PS: Be active in the live stream chat on YouTube, we’ll do our best to answer your questions!

🦄Web3 Startups and VCs

30 Aug 2023 08:49

Many founders often fall into the trap of benchmarking their startups against others.

But remember, the landscape is vast, and there's always someone seemingly ahead.

The real metric? 👉 Your progress from where you stood 6 months ago.

#InnMind’s advice: Always compete against your former self, not the crowd.

🦄Web3 Startups and VCs

29 Aug 2023 09:40

… Imagine if Apple and Facebook invested a mere 1% of their income in startups.

Animoca Brands co-founder Yat Siu believes they'd eclipse traditional VCs like A16Z, Sequoia, etc.

🔥 And what's your take?

This and other #web3shorts are here

🦄Web3 Startups and VCs

28 Aug 2023 15:40

Attention Web3 & Crypto Founders! Our TON blockchain workshop is just 3 days away.

Wondering why you should join us on Zoom and not just watch the live stream? Here's why:

✅ Opportunity to pitch your startup and get immediate feedback from TON.
✅ Dive deep into potential partnerships and explore grants within the TON ecosystem.
✅ Real-time Q&A, ensuring you get the insights you need.
✅ Direct interaction with Eugene, TON's key expert and LEAD @ Ton Society Europe.

Exclusive for InnMind members. Don't just watch; be a part of the action!

🔗 Register NOW!

🦄Web3 Startups and VCs

25 Aug 2023 12:47

Many Web3 VCs I talk with dream of launching their startup.

Many crypto founders want to launch a VC fund one day.

Where's the equilibrium? 🤔


… The circle of ambition in the tech world. 🌐

🦄Web3 Startups and VCs

24 Aug 2023 11:29

The Power of Direct Access to VCs:

Want to get your startup in front of top-tier investors? Our next Web3 VC Pitching Session is on August 30th. DeFi? Web3 Infrastructure? NFTs & SocialFi? Whatever your vertical, if it's web3 & crypto, we're interested.

Last Session's Impact?
🚩 startups pitched. 1️⃣4️⃣ warm intros to active VCs. Real opportunities. Real growth. Real traction.

Confirmed VC investors: DWF Ventures, Blockchain Founders Fund, Apex Digital VC, MEXC Ventures, London Real Ventures, Jets Capital
KX VC, Coinswitch Ventures, Cobo Ventures

Your pitch could be the next success story. Upgrade for exclusive access.

Act fast. Limited slots.
🔗Learn more and Apply Here

🦄Web3 Startups and VCs

06 Feb 2023 11:30

VCs treat Web3 Startups like kids treat their toys?

In the new Techstars Web3 Digest, curated by InnMind, our co-author Aakash raised a very actual topic: how do VC investors feel about web3 and crypto startups?

Someone will say «it’s not true!», others will find it too sarcastic.

But let’s be honest: the majority of crypto VCs nowadays, those guys that earned crazy returns on a bull market, simply stay away from deploying capital into startups.
Saving capital from bear market risks.
Saving liquidity for trading and buydeep strategies.
And waiting for the next UPPER trend…

And nobody questions why many venture capital professionals are waiting and ignore their main function: selecting promising early stage startups and actually investing.

Sometimes it feels really annoying! Agree?

Read the Techstars Web3 Digest and Subscribe

🦄Web3 Startups and VCs

03 Feb 2023 14:05

What happens with Fundraising in Web3? VC Investors’ Sentiments in January 2023

Since the year started, InnMind team made a lot of calls with crypto VCs, aiming to understand: What are investors’ sentiments? What’s up with fundraising for web3 startups?🤔

We continue to research and will release a beautiful public report.. one day😉 But you need the 🥩meat, right? Exclusively for our telegram community, here is a short snapshot of web3 and crypto investors’ sentiments in January 2023 👇

💬 What Crypto Vcs Say + What It Means For Startup Founders:

1️⃣ Don’t get fooled by the market: we didn’t see the bottom yet.

There is more downtrend expected in 2023 before we will see sustainable recovery and growth. From investors’ perspective, it means they still are very careful with capital allocation. The majority expect the real market recovery starting not earlier than Autunm 2023.

2️⃣ Invest in early-stage startup VS «buy deep»?

From the risk perspective, many crypto investors find it reasonable to invest in liquid tokens with big volumes that are available nowadays with a huge discount, instead of deploying capital into early-stage web3 projects with unclear exit timeframe. But at the same time, they continue scouting for early-stage opportunities, hoping to find exceptionally good teams.

3️⃣ Hot Verticals to follow

Here is what VCs mentioned among the «most interesting web3 verticals» that they think will have the highest potential:
▶️ new DEXes
▶️ DeFi for masses (bringing DeFi solutions to non-crypto-savvy investors)
▶️ SocialFi
▶️ DataFi
▶️ Web3 infrastructure and enabling technologies in general

4️⃣ Follow the Tribe

Annoying but true fact: the majority of VCs we talked with still prefer not to be the first investor on the round. They pay more attention to startups that already have a lead investor or at least a VC with a good reputation that backs the project.

(…continue below… 👇)

🦄Web3 Startups and VCs

25 Jan 2023 17:43

The Crypto VC Pitching session is live now 👉 https://youtu.be/ugah3boyizk

🚀🚀🚀 Web3 Startups that present their rounds to investors today:

1. Alium Finance (Estonia)

a Multichain DEX with Hybrid Liquidity and Cross-chain features, 10 blockchains connected and fully-functional native mobile app launched.

Startup Profile - https://app.innmind.com/viewStartup/yGhknddzNyAHGyHGH


2. Arakis (UAE)

a web3 community-based travel platform

Startup Profile - https://app.innmind.com/viewStartup/xhvoifS3FbJ7NSuzK


3. ZIZY (BVI)

The Super Versatile Web3 Hub! Win Crypto & NFT prizes, discover projects and earn airdrops, collect NFTs & boost earnings.

Startup Profile - https://app.innmind.com/viewStartup/KXkX5gQXsfGLX4JXH


4. Binaryx (Ukraine)

a Real Estate tokenization marketplace to open the RE investing market for retail and unlock liquidity.

Startup Profile - https://app.innmind.com/viewProfile/a73RNDJsH6D7NQRpy


5. Palmswap (BVI)

a decentralized perpetual exchange for trading perpetual contract on the Binance Smart Chain.

Startup Profile - https://app.innmind.com/viewStartup/CtrAexKHTQHkm3Cxv


6. Matrix Technology (Canada)

a decentralized web 2 and web 3 application credentialing system that preserves user data privacy and ownership.

Startup Profile - https://app.innmind.com/viewStartup/hqm4MbK9b2cqS7EB4


7. Polity Network (Liechtenstein)

a next-generation federated crypto wealth technology network, which combines human touch and cutting-edge technologies.

Startup Profile - https://app.innmind.com/viewStartup/KyxHZJzPXoyb7diD6


8. Block Games (UK)

a web3 games publisher platform that partners with game studios over revenue-share agreements to publish NFT-enabled casual mobile games.

Startup Profile - https://app.innmind.com/viewStartup/AK9JZdqWRMD4Px9hw

🦄Web3 Startups and VCs

22 Jan 2023 20:59

Sunday evening, folks…

- What startup founders are doing?

- Right! Getting IN-SPI-RA-TI-ON 💡

Remember an old TV series by HBO «Silicon Valley»?

The story of a fictional character Richard Hendricks and his startup Pied Piper, reinventing the Internet into a decentralized network, what we’d call a real web3 internet.

We’ve made a shortcut for you from the first episode of 4th season. The founder pitches to the potential lead investor his vision: to create a peer-to-peer Internet that is free from firewalls, government regulation, and spying, free for all people in the world.

And don’t tell me it is not inspiring and more than actual in 2023, even if this TV show was produced back in 2014-2019…

What I find the most fascinating, is: on InnMind you’ll find REAL web3 startups that are building it these days!

For example, The Power DCloud, a nextgen web3 all-in-one decentralized infrastructure (DeInfra), which enables deployment of all parts of the full-fledged web3 app in a single decentralized environment with no need for centralized hosting. Feel free to check their website and telegram.

📍My point is: we’re here not only to inspire you, but also to bring you tools, skills, network and funding to help you bring amazing ideas and disruptive technologies to life!
So…
If you want to support us here, share this channel with your network and help other amazing entrepreneurs to learn about InnMind!

👥 COMMUNITY is THE POWER! 🤝

🦄Web3 Startups and VCs

19 Jan 2023 12:51

Web3 Fundraising in 2023: the 6 mistakes 💩 that can prevent you from deal closure

Forget about the bull market’s fast & smooth fundraising stories! On a bear 📉 market you have to get prepared for a long, exhausting and challenging process of running for VCs, approaching them, pitching and convincing investors, and finally negotiating for a deal. And you’d better get well-prepared to hear NO more often than YES.

This video summarises the major mistakes and pitfalls VC investors pay attention to while analyzing web3 projects for funding 👉 https://youtu.be/sm0eQNjLxUk

📍If you’re fundraising for your startup, be sure you avoid them and don’t give VCs the reason to say NO!

🦄Web3 Startups and VCs

16 Jan 2023 23:59

💵Angel Investor Pitch and $1,5 mln Raise

In this scene GenCoin co-founder Nick pitches to Benny Blush, a successful businessman and venture capitalist.

Keep in mind: earlier they already made a team pitch to Ben, elaborating on the huge potential value of GenCoin to the people and society. And it failed completely to attract investor’s interest and got a “NO”.

But Nick didn’t give up, he spent time to rethink the pitch focus and gave it one more try, this time elaborating on pure business bottom line.

And finally: his second, just 1 minute long pitch ended in receiving $1,5 million 💵 of angel investments!

📍Takeaway: never give up, and a «NO» from an investor doesn’t always mean «NO». If you continue attempts, it can turn out to be a «YES, take my money»! And we saw it on InnMind too many times …

Find it inspiring? Tweet it!

🦄Web3 Startups and VCs

12 Jan 2023 16:04

2️⃣5️⃣ Most Important Metrics VC Investors Look at While Funding Series A

You wanted to know VC investors’ mindset? Here you go!

Leta Capital VC disclosed certain patterns and metrics that they use as a barometer to measure the attractiveness of the A-series startups from an investment perspective.

Source

🦄Web3 Startups and VCs

10 Jan 2023 20:18

Crypto data analytics company Messari released its annual report 👉 Crypto Theses 2023.

It is a very long, but still amazing and insightful read, both for newbies and web3-savvy entrepreneurs and industry veterans.

Don’t get scared by 168 pages 😮 of text. Use table of contents to navigate to the sections you need the most.

🦄Web3 Startups and VCs

01 Sep 2023 19:19

Never forget this advice 👆

🦄Web3 Startups and VCs

30 Aug 2023 16:21

Crypto VC Pitch Session is LIVE now: https://www.youtube.com/live/ie2gJ26JfL8?si=jFpxSrE_9crQmhHd 🎥

🦄Web3 Startups and VCs

29 Aug 2023 12:58

💡100+ Investment DAOs List

Raising capital for your web3/crypto project? 🌐 DAOs are making waves in the investment landscape.

We've curated a list of 100+ DAO investors, actively backing projects like yours, with big vision, decentralized soul and drive..

Get insights, save time, connect directly, and supercharge your fundraising efforts.

🔗 Download the list

🦄Web3 Startups and VCs

28 Aug 2023 18:05

🔍 Spotlight on Sweep n'Flip:

Revolutionizing NFT trading, Sweep n'Flip addresses core market challenges with their unique NFT AMM and Flipping Aggregator. Seamless trading, enhanced liquidity, and an intuitive user experience set them apart in the Web3 space. Dive into their pitch and see why they're making waves.

🎥 https://www.youtube.com/watch?v=JNSrz9lScwM

🎬 Part of our 🆕 Web3 Innovator Spotlights series, where we showcase groundbreaking startups from our Crypto VC sessions. Stay tuned for more insights and innovations!

📢 Inspired by what you see?

Join the ranks of Web3 innovators. Apply for our next session, pitch to VC funds and get your vision spotlighted.

🦄Web3 Startups and VCs

25 Aug 2023 16:47

Just recorded the next episode of the Uncensored Pitch Deck Review with TGE Ventures. It was eye-opening!

We’ll publish it at the beginning of the next week in this playlist. Stay tuned!

🦄Web3 Startups and VCs

24 Aug 2023 22:33

Your Startup Pitch Deserves More!

We're now spotlighting every pitch from our Crypto VC sessions in standalone videos like this one. It's not just about the pitch; it's about amplifying your vision to a broader audience.

Why This Matters: A pitch is a startup's introduction to the world. It's your story, your mission. By giving it its own stage, we're ensuring it resonates far and wide.

🎥 For Startups: This isn't just a video. It's a tool. Share it with potential investors, showcase it to your community, and let the world see your vision.

🔍 Spotlight on MintDefense: They're not just safeguarding crypto wallets. With a 99.9% success rate and a browser extension that blocks malicious Web3 sites, they're powered by an AI scam detection algorithm, redefining security in the Web3 era. It's startups like MintDefense that remind us why we do what we do: to bring groundbreaking ideas to the forefront. More about MintDefense

📚 For Aspiring Crypto Entrepreneurs: Watch, learn, adapt. These videos are a masterclass, a treasure trove for those prepping their pitches. See what works, what doesn't, what resonates with VCs, craft your narrative & refine your own pitch.

📢 Your Turn: Inspired? Think you have the next big idea in Web3? Join us. Pitch, get spotlighted, and let's shape the future together. Apply for Our Next Session

🦄Web3 Startups and VCs

07 Feb 2023 11:43

FTX Pitch Deck that raised 💲900 mln + 2 more

3 new fundraising pitch deck examples in InnMind knowledge base 👇

Revolut Startup Pitch deck helped them to raise £1.5 mln (approx. $1.9 mln) in its early Seed investment round back in 2015.

N26 Pitch Deck helped them raise $40 mln in its Series B funding round back in 2016.

And FTX Pitch Deck was used by the crypto exchange to raise their $900 mln Series B funding round in 2021.

and it's FREE to download!

🚨This is NOT MEANT to copy-paste in your slides! Please use it for inspiration and self-education, trying to understand how these companies elaborated on their value, vision and traction, what slides attracted investors' attention, and what is missing in your investor decks.

🦄Web3 Startups and VCs

03 Feb 2023 14:06

5️⃣ Time of «idea stage fundraising» is gone. Venture capitalists want to have solid reasons to invest in web3 startups

Be prepared to prove to VCs that your team knows what market NEEDS, can EXECUTE and already has put huge efforts into your project development.
👉 Product Traction (even if you don’t have a working product yet, demonstrate low-cost MVP, mockup with user-friendly UX/UI, etc)
👉 Product-Market Fit & Go-to-Market Traction (start executing your go-to-market at early stage!)
No product yet? - Build a community around the idea, generate landing pages and a waiting list for leadgen. No money for promotion? - Use organic sources, SMM strategies, SEO and growth hacking.
👉 Team Traction (don’t show just titles in the team description. Demonstrate what your core team members have achieved so far and what they’re capable of doing!)
👉 Solid Tokenomics (user-centric, well-thought, clear and transparent)
👉 Clarity on «How you will earn money»? or «How you will ensure solid token performance despite market conditions»

6️⃣ Keep the conversation going, no immediate decisions

All crypto VCs share this approach nowadays: no more SAFT signed within a few days after the meeting. Even if investors like the project, made due diligence, and potentially think it to be a good investment opportunity, they prefer to stay in touch for a couple of months, continue the conversation, and see how the startup will progress within some time. Be prepared to follow up with potential investors regularly, share updates and celebrate achievements, and demonstrate that you continue delivering results.
That is the strategy that will bring you closer to the final deal! 🏆


👉 Tweet me if you like 💜 it

🦄Web3 Startups and VCs

30 Jan 2023 16:14

While working on some value-add content for you, here is the pic you can share with everyone who starts the calls with «where is the bottom» or «when the bull market is back?»

🦄Web3 Startups and VCs

24 Jan 2023 10:55

🧩Creating a Successful Tokenomics: Key Metrics to Consider🃏 Part 1

As promised, here you have 👉 the Tokenomics Guide: Key Metrics to Consider

▶️ Learn about the key metrics to consider when creating successful tokenomics for your web3 startup.

▶️ Discover how to design a token distribution, token velocity, vesting and token burn mechanics, and network usage strategy that aligns with the long-term success of your project.

▶️ Get expert advice on how to avoid the common mistakes made by failed web3 startups.

▶️ Optimize your tokenomics for fundraising and adoption.

📩Tweet me

🦄Web3 Startups and VCs

21 Jan 2023 09:58

We’re so proud today:

Our small Telegram channel got featured in the 🔝 recommended list of channels by Hackernoon, together with such crypto monsters as Cointelegraph, Decrypt, and others 🤗❤️

📖 Read: Crypto Telegram Detox: The Only 7 Telegram Channels You Need in 2023

🙏Thank You for reading, supporting and spreading the word! 😘🤝

🦄Web3 Startups and VCs

17 Jan 2023 00:22

❓Tell me:

Are you waiting to see another scene, where GenCoin team pitches to tech genious, multimillionaire Alex Bell, their potential lead investor? They need to convince him, answering the question about «The Big WHY»: Why GenCoin?

🦄Web3 Startups and VCs

16 Jan 2023 23:47

🚀📺StartUp: The Crypto Series. Can we Learn from GenCoin's Fundraising Journey?

Have you checked out the TV series "StartUp" by Crackle yet? It premiered in 2016, in the early days of cryptocurrency industry, and streamed on Netflix in 2021 bullish year.

The story is about a crypto startup from Miami: GenCoin, a new cryptocurrency with a mission to help the unbanked population in their community and take on the traditional banking system.

Btw: we featured it in our top list of 20 recommended films for crypto entrepreneurs.

A colorful group of co-founders that has nothing in common:
👤 Izzy, a Hispanic hacker (CTO);
👤 Nick, a white banker (Fundraiser),
👤 and Ronald, a black gangster (hmm.. troubleshooter & bizdev?)…
All got united by a big vision, have put everything they had to kick their startup off the ground.

It’s not only a fun watch with an intriguing story!

“StartUp” shows the hard path of being a crypto startup entrepreneur… Pitfalls, ups and downs, challenges… Fundraising journey, VC pitch, rejection by investors, bootstrapping, dealing with criminals and corrupted FBI agent, protecting their technology from being stolen, conflicts between the co-founders and maintaining relationships within the team.

That’s something! Agree? 😉

What I love about this show is that it doesn't sugarcoat🍭 the harsh reality of the startup world. But the show doesn't just highlight the struggles - it also shines a light on the potential of blockchain technology to change the world! 🌎

The scenes where they pitch to VCs and work to raise funds are spot-on. And I want to share with you a couple of shots of these 👀

(btw, I bet you won’t find these cuts in the web! We’ve spent a couple of days to prepare this content exclusively for our channel subscribers. So share your ❤️ and spread it around)

👇next👇

🦄Web3 Startups and VCs

10 Jan 2023 20:27

… and here is a short recap of the VC fundraising in crypto in 2022 🥶

However, there is still more than enough venture capital money to be deployed in 2023 before the next bull run. The fact is: you need to perform better to receive it!

🦄Web3 Startups and VCs

03 Jan 2023 12:04

BTW: interesting fact 👉 In the genesis block hash, Satoshi Nakamoto included the headline from this screenshoted article in The Times newspaper «Chancellor on brink of second bailout for banks».

This refers to how governments deal with crises: they print large amounts of money, devaluing people's savings.