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Annual inventory of 14 Crypto top venture capital: three institutions have positive growth rate of 100%

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A16z, Three Arrows Capital and Binance Labs are the top Three organizations with the most projects invested (online)

Original title: "Who is the best vc in 2021?"

Source: 98KDAO

preface

In 2021, DeFi will continue to maintain the momentum of growth, the value of lock-up will continue to hit new highs, and micro-innovation will continue to emerge. GameFi, Meta-universe and NFT have been popular, and many brands, companies and investment institutions have entered the market. New public chains represented by Solana, Fantom and Avalanche performed well in 2021, greatly changing the ecological pattern of public chains.

After experiencing a downturn in 2020, the investment and financing market of the blockchain industry finally rebounded in 2021, with the number of investment and financing in the first half of the year already exceeding the whole year of 2020. In order to analyze in detail the performance of the projects invested by the leading venture capital institutions in 2021, 98KDAO conducted a comparative analysis of 14 investment institutions from different dimensions such as project increase, track distribution, multiple distribution and so on.

* The price units involved in the data are USDT

The overview

In terms of overall numbers, a16Z, Three Arrows Capital and Binance Labs are the top Three organizations with the most projects (online), and Animoca Brands is the least. The best ROI was on GameFi's flagship AXS, where five of the leading players made the AXS and saw a 20,240% increase, followed by SOL and MATIC.

A list of institutional investment performance

Andreessen Horowitz (A16z)

A16z is one of the most dazzling stars in the Internet investment industry, and has invested in Facebook, Twitter and other well-known projects. It has invested in a number of blockchain star projects, becoming a vane of cryptocurrency investment. After Coinbase went public, A16Z became its second-largest shareholder with a 14.8% stake, making it the biggest outside winner.

A16z has also invested in Uniswap, MakerDAO, Compound, Dapper Labs, Arweave, Optimism, Solana, and more, all of which have become head blockchain projects. Today, a16Z has over $3 billion in crypto funds. It seems to be the capital beacon of the crypto world, with high attention and strong appeal.

The following data is the currency price performance of a16Z invested and issued coin project in 2021:

According to the statistics, A16Z has invested in 63 currencies, far ahead of other institutions in terms of number. At the same time, the positive growth rate of its portfolio this year is more than 75%, the highest growth rate is 20,240% AXS, while the number of three hundredfold (AXS, MATIC, SOL).

In terms of project classification, there are 36 DeFi projects, accounting for 57.1%; There are 14 public chain projects, accounting for 22.2%; There are 7 Web3 projects, accounting for 11.1%. It can be seen that A16Z's investment is focused on DeFi and public chain, and less on NFT and GameFi projects.

The following statistics are projects that A16Z has invested but not issued coins:

The total number of uncoin-issued projects is 37, of which infrastructure (17) accounts for 46%, followed by GameFi and Web3 with 8 each.

DCG (Digitial Currency Group)

Blockchain startup Incubator, Coindesk, parent company of Grayscale, is an investment firm focused on the crypto and blockchain industry, with a portfolio of over 100 companies.

The following data is the currency price performance of the projects invested by DCG and issued in 2021:

From the perspective of data dimension, DCG, as a leading cryptographic investment institution, has also performed very well in its investment portfolio this year, with a positive growth rate of more than 90%. The portfolio has nearly 30 listed currencies, second only to A16Z. Among them, SOL has the highest increase of 12,966%, accounting for more than 85% of the increase within 10 times, and most of them are 1-10 times, accounting for 55%.

In terms of project classification, there are 14 DeFi projects, accounting for 56%; There are 7 public chain projects, accounting for 28%, while DeFi and public chain together account for 84%. The investment preference of A16Z is basically the same as that of A16Z, with more emphasis on DeFi and public chain, and less investment in NFT, GameFi, Web3 and other tracks.

The following statistics are projects that DCG has invested but not issued coins:

The total number of unissued projects is 55, among which 34 are infrastructure, accounting for 61.8%, followed by Web3 and DeFi.

Paradigm

Paradigm was co-founded by Coinbase co-founder, former Sequoia partner, and former Employees of Pan-Tera Capital. Sources say the fund has received funding from Sequoia Capital and Yale University. The background of the two founders is worth mentioning: Fred Ehrsam was a co-founder of Coinbase.

Matt Huang graduated from MIT and started his silicon Valley startup, which was acquired by Twitter. From 2011 began to do some early investment, has a very luxurious investment resume, among which the most successful is undoubtedly Toutiao.

The following data is the currency price performance of Paradigm's investment and issued currency project in 2021:

Paradigm has invested in more than 30 projects. According to the statistics of 10 projects that have been listed this year, its portfolio has performed well, with a positive growth rate of up to 90%. The highest increase is 635% FTT, 60% of the increase ratio concentrated in 1-10 times, among which the currency with negative increase is the lowest among all institutions, -20%.

In terms of project classification, DeFi projects accounted for 63.6% (7), with infrastructure, public chain and Web3 also involved.

The following statistics are projects Paradigm has invested but not issued coins:

The total number of projects not issued is 27, among which 20 are infrastructure projects, accounting for 74%

Multicoin Capital

Cryptocurrency-focused investment fund is not only funded by Binance, but also supported by several consortiums and well-known silicon Valley venture capital firms.

The following data shows the price performance of the issued projects invested by Multicoin Capital in 2021:

Multicoin Capital has invested in a total of 24 projects that have come online, with a positive growth rate of 75 percent and a growth rate of less than 10 times of 54 percent. The biggest gainer was SOL (12,966%) and ICP (89%).

In terms of project classification, there are 12 DeFi projects, accounting for 48%; Web3 and public chain are 5, each accounted for 20%. Multicoin Capital has a similar investment style to A16Z, focusing on DeFi and public link projects.

The following statistics are projects that Multicoin Capital has invested in but not issued coins:

The number of unissued coin projects is 24, among which DeFi projects have 8, accounting for 33.3%, followed by Web3 and infrastructure, with 6 each.

NGC Ventures

Founded at the end of 2017, it is a blockchain technology venture capital fund composed of members from technology entrepreneurship, traditional capital market, management consulting and other fields. It has two funds, NGC Fund I, which focuses on investing in blockchain technology, and NEO Eco Fund, which focuses on the ecological layout of NEO blockchain. The total size of the two funds is about 500 million US dollars.

The following is the price performance of NGC Ventures' issued projects in 2021:

NGC Ventures has 19 projects that have come online, with a positive growth rate of 73% and a 50 times or less increase rate of 68%. The biggest gainer was SOL, up 12,966 per cent, while WSOTE, down 99 per cent, was close to zero.

In terms of project classification, there are 8 public chain projects, accounting for 42%; There are 4 DeFi projects, accounting for 21%; The others are GameFi, Web3, and infrastructure.

The following statistics are projects that NGC Ventures has invested in but not issued coins:

The total number of uncosted projects is 6, including 5 infrastructure projects and 1 GameFi project.

"Three Arrows Capital"

About it: Su Zhu, co-founder of a Singapore-registered hedge fund focused on delivering superior risk-adjusted returns, is very active and influential on Twitter.

Here's how the Three Arrows Capital funded and issued coins will perform in 2021:

Three Arrows Capital is second only to A16Z in portfolio size, but is far behind DCG in positive growth rate of 93%, at 69%. It has twice as many hundredfold coins in its portfolio as DCG, and three times as many projects in the 10-50 fold range.

While the overall performance numbers for Three Arrows Capital aren't particularly impressive, the individual projects are very impressive. The biggest gainer was AXS (20,240%) and the biggest faller was ROOK (76%).

In terms of project categories, DeFi accounted for 82 percent of the total, with 24 projects, a sign of how serious Three Arrows Capital is about the DeFi track.

The following statistics are for projects that Three Arrows Capital has invested in but not issued:

The total number of unissued projects is 8, half infrastructure and half DeFi.

Polychain Capital

Founded in 2016, A16Z, Danhua Capital and other investment, focusing on blockchain assets, is the earliest original crypto hedge fund, has invested in a number of blockchain star projects.

The following data is the currency price performance of Polychain Capital invested and issued coin projects in 2021:

The positive growth rate of Polychain Capital's portfolio is also close to 85%, and currencies less than 10 times account for nearly 80%, which is also mostly concentrated in 1-10 times, accounting for 47%, without 100 times coins.

AVAX, up 3,217 per cent, and ICP, down -89 per cent, were the biggest gainers.

In terms of project classification, there are 8 DeFi, accounting for 42.1%; There were 7 public chain projects, accounting for 36.8%, while DeFi and public chain combined accounted for 78.9%.

The following statistics are projects invested by Polychain Capital but not issued:

The total number of projects not issued is 45, among which 23 are infrastructure projects, accounting for 51%; There are 15 DeFi projects, accounting for 33%.

Alameda Research

Founded by Sam Bankman-Fried, founder and CEO of FTX, Alameda Research has invested in several blockchain star projects, outperforming traditional markets and financial firms with long-term crypto funds.

The following data is the currency price performance of Polychain Capital invested and issued coin projects in 2021:

Among all the investment portfolios of Alameda Research, the positive growth rate is the lowest, only 48%, and the currency with the biggest growth rate is the lowest, only 398%. The growth rate of the investment portfolio is concentrated in 1-3 times, accounting for 40% of the total, and that less than 1 times accounts for 8%.

By project category, DeFi has 22 projects, accounting for 88%, with the remaining 12% being Web3 and infrastructure.

The following statistics are projects that Alameda Research has invested in but not issued coins:

The total number of unissued projects is 19, among which 8 are infrastructure projects, accounting for 42%, followed by DeFi and GameFi projects.

Coinbase Ventures

Coinbase is a SAN Francisco-based venture capital fund that invests in early-stage cryptocurrency and blockchain startups with a bias toward open-ended financial solutions.

The following data is the currency price performance of Polychain Capital invested and issued coin projects in 2021:

Coinbase Ventures' portfolio is up only 61%, with two 100x currencies (LUNA 124x, MATIC 164x), one 10x (AUDIO), 28% 1-10x and 17% less than 1x. MATIC was up 16,429%, while BTRST was down -91%.

In terms of project classification, DeFi has 11 projects, accounting for 61.1%, Web3 has 4, and public chain has 3. DeFi still accounts for the highest proportion.

The following are the projects that Coinbase Ventures has invested in but not issued:

The total number of unissued projects is 60, among which 43 are infrastructure projects, accounting for 71%, followed by DeFi and Web3, and NFT projects account for the least proportion.

Blockchain Capital

The first venture capital fund dedicated to bitcoin and blockchain ecosystem. Has invested in Coinbase, Ripple and other fintech companies and is one of the top investors in the blockchain industry.

The following data shows the price performance of Blockchain Capital's invested and issued coin projects in 2021:

Blockchain Capital's portfolio has a positive growth rate of 100%. Without hundredfold coins, 78% are 1-10 times, and 33% are less than 1 times. ROSE was the top gainer at 776%, while YFI was the bottom at 42%.

In terms of project classification, DeFi, public chain and Web3 are basically the same in quantity and evenly distributed, but there are no GameFi, DAO and NFT projects.

Blockchain Capital has invested in, but not issued, projects listed below:

The total number of unissued projects is 20, followed by 12 infrastructure projects, accounting for 60%, and DeFi, accounting for 30%.

#HASHED

South Korea's largest digital currency and blockchain investment fund is also one of the largest investors in many well-known blockchain projects. It mainly covers South Korea and Asia, and its influence extends to Silicon Valley.

The following figures show the value of the #HASHED invested and issued coins in 2021:

The #HASHED portfolio has a 100% positive rate, with two hundredfold SAND (158x), AXS (202x), 10-50x accounts for 11%, and less than 10x accounts for over 60%. The biggest gainer was AXS (20,240%) and the smallest gainer was KRT (3%).

In terms of project classification, DeFi has 4 projects, accounting for 44.4%, GameFi has 2 projects, and Web3, public chain and infrastructure have one each.

The following statistics are for #HASHED items that are invested but not issued:

The total number of unissued coin projects is 20, and the track of investment projects is relatively distributed, accounting for the highest proportion is infrastructure, accounting for 30%.

Sequoia Capital

Global Internet top venture investors, but also put the Chinese Internet industry on the altar of the level VC. Has invested in a number of blockchain star projects, it is said that Sequoia China is ready for All in Crypto.

The following data shows the price performance of Sequoia Capital's funded projects in 2021:

The Sequoia Capital portfolio also had a 100% positive growth rate, with only a hundredfold Coin-MATIC (164 times), 10-50 times 25%, 1-10 times 25%, and less than 1 times 38%. The highest is 16429% increase MATIC, or the lowest is provided 46% of CFX.

In terms of project classification, DeFi and public chain each have 3, Web3 and infrastructure projects each.

The following statistics are projects Sequoia Capital has invested in but not issued cash:

The total number of projects not issued is 9, among which 5 are infrastructure projects, accounting for 55.5%.

Animoca Brands

A Hong Kong mobile game development company, tech unicorn, listed on the Australian Stock Exchange, focusing on metasexes and GameFi projects, has invested in a number of star blockchain games.

The following data shows the price performance of Animoca Brands' invested and issued coin projects in 2021:

Animoca Brands has the fewest number of currencies in its portfolio and has a positive investment growth rate of 57%, compared with Alameda Research's 48%.

Investors prefer games with a win rate of more than 80% and two hundredfold currencies, while others have returns of less than one. The biggest gainer was AXS (20,240%) and MASK (-59%).

In terms of project classification, there are 5 GameFi projects, accounting for 71.4%, one for public chain and one for Web3, while DeFi projects have none.

The following statistics are the projects Animoca Brands has invested in but not issued coins:

The total number of unissued coin projects is 5, among which Web3 projects account for 80%.

Binance Labs

Binance's social Impact Fund is aimed at blockchain and cryptocurrency entrepreneurs. Programs and communities provide incubation and investment.

The following data shows the price performance of Binance Labs' invested and issued coin projects in 2021:

Binance Labs' portfolio has a positive growth rate of nearly 90%, with ALICE, LUNA, MATIC and AXS four hundred times among the 28 currencies that have been listed, the most among all institutions. There are also 4 currencies of about 10 times, and the ratio of 1-10 times is more than 50%. There are only 2 currencies of less than 1 times, which is also the lowest among all institutions.

In terms of project classification, Binance Labs' investment style is relatively diversified. The number of infrastructure, public chain, DeFi and GameFi is very similar, and there is no excessive emphasis on a single track.

The following statistics are projects that Binance Labs has invested in but not issued coins:

The total number of unissued projects is 8, among which 4 are infrastructure projects, accounting for 50%, and the rest are NFT, Web3 and GameFi.

Comprehensive comparison

From the overall data, the performance of all institutional portfolios is good this year. There are three institutional portfolios with a positive growth rate of 100%, ten portfolios with a positive growth rate of more than 70%, and only one portfolio with a positive growth rate of less than 50%. The proportion of currencies with positive growth rate is nearly 80%.

We do interval division with 1 times, 10 times, 100 times, the increase of less than one times accounted for 25%, 40% of the total currency currency increase concentrated in 1-10 times, 10-100 times only accounted for 10%, at the same time more than 70% of the institutions have 1-3 times the currency appeared.

AXS was the biggest gainer with 202 times the number of investors, followed by MATIC (164 times) and SOL (129 times). There are six hundredfold coins in total, including AXS 202 times, MATIC 164 times, SOL 129 times, LUNA 124 times, SAND 158 times, and ALICE 123 times. A16z invested three hundredfold coins, the largest number of coins.

From the classification and comparison of investment projects, most institutions are still most optimistic about DeFi track, followed by public chain and Web3. The organization with the highest DeFi percentage was Three Arrows Capital, with a whopping 83%. At GameFi, Animoca Brands led the pack with 71%, followed by #HASHED with 22%.

I have to say that in 2021, GameFi and the cosmic fire, investment institutions also invested in a lot of GameFi projects, but due to the long development cycle of game projects, many projects have not yet reached the stage of coin issuance, so the proportion of GameFi is generally small.