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16 new projects, a list of Web3 projects on Alliance DAO Demo Day

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Take you to the Demo Day of Web3 in Silicon Valley

Original title: "Meet the newest crypto builders from web3 accelerator Alliance DAO's demo day"

Original author : Jacquelyn Melinek, TechCrunch

Original compilation: 0x711&Noc, BlockBeats

Traditional start-up technology companies in Silicon Valley will hold various demo day activities. But today we are going to introduce a group of crypto projects and teams who participated in the demo day event held by Alliance DAO, a community of Web3 accelerators and builders.

Qiao Wang, a core contributor to Alliance DAO, said during the event that the event is held 3 times a year. "Startups of all stages join us, from the fledgling idea to the multi-billion dollar company."

Accelerator brings together Polygon Studios CEO Ryan Wyatt and Axie Infinity Co-founder Jeff "Jiho" Zirlin and other mentors and speakers to help guide the participating projects.

24 teams joined the camp, and only 16 teams made it out. Three-quarters of the teams focus on NFT and DeFi infrastructure, and most of the teams are based on the L1 networks Ethereum, Polygon and Solana.

Themes of the training camp include: market-driven DeFi, customer-driven social Collaboration mechanism, classified pricing of consumer goods, how DAO acts as a risk sharing mechanism, etc.

Here are brief profiles of 16 start-ups.

Lulo< /a>: Decentralized order book lending protocol

Founders: Daniel Garay, Jesse Brauner

Funding Stage: Seed Round

Lulo is a DeFi lending infrastructure designed to leverage order book technology to create a global liquidity layer in a permissionless manner. It provides "liquidity as a service" so users can integrate DeFi protocols with global lending platforms. It eliminates concentration risk, lenders and borrowers can obtain competitive lending rates, so there will be no borrowing spread.

LiquiFi< /a>: Carta for Web3

Translator's Note: Carta is the originator of SaaS in the asset management industry. As of 2021, it will be valued at $7.4 billion.

Founders: Oliver Tang, Robin Ji

Financing Stage: Seed Round

LiquiFi aims to automate Token distribution and operation for Web3 products and entities of all major blockchains (including Ethereum, Avalanche, BNB Chain, Polygon, Solana, etc.). Co-founder Robin Ji said that almost all Web3 products provide Token rewards, but consumers and companies that track and transfer Tokens may encounter some difficulties, risks, and inability to scale. LiquiFi aims its smart contracts (which have undergone several rounds of audits) to hold all tokens and provide an interface to help users track their investments. “Our strategy is to follow all the trends so that other companies don’t have to,” Ji said. “The bigger the challenge, the more you need specialized solutions to focus on the problem.” To date, the company has raised $5 million in seed funding.

fam.
fam.
a>: NFT-based exclusive social club

Founders: Chris Tam, Shuguo Yang, Wallace Wong

Funding Stage: Seed Round

Co-founder Chris Tam said that the NFT market has shown explosive growth, and the community around NFT is also booming. But current Web 2.0 platforms like Twitter and Discord have been criticized for their redundant messages and spam as community communication tools. fam. aims to build an NFT-based social club application that allows users to connect to the community through their encrypted wallets. Through the platform, individuals can chat, vote, participate in events, and showcase their lifestyle to others who own the same NFT collection. The project has received seed round financing from Sequoia Capital, Alliance DAO, Xoogler and other institutions.

PwnedNoMore: White Hat Automated Code Review Organization

Founders: Wen Xu, Conan Zhou, Mike Yan , Oriol Plazas

Funding Stage: Seed Round

PwnedNoMore is a Decentralized Autonomous Organization (DAO) created by white hat hackers to help other members build tools and Safeguard. It is developing a fully automated bug detection engine, which currently provides detection for Solana-based projects, and plans to launch an Ethereum-compatible engine in August. Hackers in the group include six DEF CON CTF winners. PwnedNoMore co-founder Mike Yan said its community of hackers has reported more than 1,100 vulnerabilities so far and protected more than $650 million in venture crypto funds. The organization has received investment from angel investors such as Alliance DAO, dao5, and IDEO CoLab.

Leather: Watch-to-earn project

Founders: Niko Cunningham, Shaminda Subasingha, Jason Kilic

Financing Stage: Seed Round

Leather is a "Watch to Earn" mobile service designed to analyze and reward people in real time for everything they watch on TV. Major streaming services like Netflix and Apple TV pour billions of dollars into their content budgets every year to create more targeted and personalized content, said Niko Cunningham, co-founder of Leather. “We don’t know much about who was in that room, or who actually listened to [the program], or who really cared.” Leather users can share consumption and engagement data with third parties in exchange for Token rewards and Leather products.

Filmine: AWS for Decentralized Computing

Founder: Vukasin Vukoje

Financing Stage: Seed Round

Powered by Alt Labs, Filmine aims to be the AWS of decentralized computing. The company is centered around FIL, a decentralized storage network, and wants to help those mining FIL in more efficient ways, among other things. It aims to help miners earn 10x more mining rewards through a network called Filgram, a FIL storage provider discovery tool.

Legion DAO
Legion DAO: Tokenized Alliance of Professional Gamers

Founders: Alex Beliankin, Alex Anikin

Funding Stage: Seed Round


Legion DAO aims to help full-time gamers monetize their hobby through Tokenization. It plans to improve the gaming community by training gamers to become coaches and regulating employment contracts. Legion DAO CEO Alex Beliankin said that to date, it has 100 professional contributors, 3,000 NFT members, and expects to generate approximately $2.5 million in revenue over the next 2 years.

Clique< /a>: Web2 Data Oracle

Founders: Kevin Yu, Jaden Yan

Financing Stage: Seed Round

Clique is a privacy-preserving identity oracle for Web2 user data. Jaden Yan, co-founder and chief marketing officer of Clique, said that DeFi, GameFi, and DAOs will all be limited by the scarcity of data available on-chain, but the company is doing this by bringing people's online identities on Web 2.0 channels such as Twitter or Discord to the blockchain. to alleviate this problem. It raised a seed round in April, backed by GGV Capital, Qiming Venture Partners, Infinity Ventures Crypto, Sky9 Capital, and others.

Ajna< /a>: Decentralized lending platform

Founders: Greg DiPrisco, Ed Noepel, Akash Patel, George Niculae, Joseph Quintilian, Ian Harvey, Mike Hathaway, Matt Cushman and Howard Malzberg

Funding Stage: Pre-seed

Ajna is a decentralized and permissionless lending platform. Greg DiPrisco, co-founder of the platform, said that until now, creating a lending market has required a large amount of existing liquidity and a complex governance process to manage risk, which has resulted in the majority of assets currently in the market being unable to freely borrow or lend. Ajna's goal is to allow people to instantly lend digital assets in a permissionless marketplace without the need for oracles, governance, or managers. Lenders just need to provide a price they’re willing to lend at, and the platform will handle the rest, DiPrisco said. The platform is self-funded by its nine co-founders and has no current plans to raise additional funding.

Tilting Point: Bringing Web2 Games to Web3

Founder: Kevin Segalla

Financing Stage: Late Stage

Tilting Point is a publisher dedicated to bringing Web2 games to Web3. The company aims to simplify the migration of developers to the Web3 industry by handling their entire encryption strategy in exchange for future encryption revenue. At present, the company has released 41 games and has reached a cooperation with Polygon. It is expected to release 10 Web3 games in the next 24 months. Kevin Segalla, founder and chairman of Tilting Point, said the company's 2021 revenue of $200 million has grown fivefold over the past four years. In July 2021, the company raised $235 million in funding from General Atlantic to hire developers. The company is currently raising $20 million for greater expansion in Web3.

Krypton< /a>: Anti-MEV decentralized trading protocol

Founders: Michael Nowotny, Nathan Moore

Financing Stage: Seed Round

Krypton is an anti-MEV (miner extractable value) decentralized exchange protocol. It aims to be the next-generation trading protocol for the DeFi space and protect traders from front-running, sandwich attacks, and other factors. It leverages Chainlink's off-chain computation and traffic transactions to eliminate MEV, protect traders, reduce transaction costs and facilitate cross-chain liquidity. Krypton won the Fall 2021 Chainlink DeFi Hackathon competition and is currently raising a seed round led by Framework Ventures.

Parasol: NFT Wallet

Founders: Kevin Phung, Tony Chen, Allen Guan, Louis Kang, Joi Ito

Financing Stage: Seed Round

Parasol is an NFT wallet focused on the Japanese market. Parasol co-founder Kevin Phung said many brands are looking to monetize NFTs as fan loyalty in Japan is underpinned by an “otaku” culture. Parasol aims to provide a "crypto-invisible" semi-custodial wallet that allows users to have asset ownership, but with user-friendly protection measures. In the month since its inception, more than 35,000 Parasol wallets have been created, and a total of about 40,000 NFTs have been purchased.

Dapi< /a>: Decentralized Bank API Interface

Founders: Ahmed Agour, Hesham Ghandour

Funding Stage: Seed Round

Dapi is a decentralized banking API portal that aims to bridge the gap between fintech applications and consumer bank accounts by using private banking APIs such as Plaid. gap between. Dapi is building a decentralized peer-to-peer open network bridge. Dapi also uses decentralized incentives designed to allow anyone to build APIs without permission for a profit share. The high number of contributors makes the network resistant to censorship, the platform said. Investors include Y Combinator, Alliance DAO, Alloy Labs Alliance, Reserve, Cadenza, and more.

Metavoice< /a>: Sound Production PFP Class NFT

Founders: Vatsal Aggarwal, Siddharth Sharma, Tom Etminan

Funding Stage: Seed Round

Metavoice aims to provide users with an anthropomorphic, customizable virtual voice. Metavoice co-founder Tom Etminan said the product allows users to customize their own voices online, which is especially important for anonymous users. Users can connect their crypto wallets, choose their voice, and it can be converted and exported to over 800 different platforms. The beta app will be released on iOS and Windows in August 2022.

Lava: Decentralized infura and blockchain data market

Founding People: Yair Cleper, Gil Binder

Financing Stage: Seed Round

Lava Network aims to be a marketplace for blockchain data. Lava incentivizes node providers and dapp users to feed market blockchain data onto its network. In the same way that Airbnb allows owners to sell unused space, Lava plans to allow any node operator to use their bandwidth, while the protocol enforces data quality. Algorand, Fireblocks, Messari, Avalanche, Polygon, Cosmos and many other crypto entities are on its waiting list. Lava has raised funding from investors including Jump Crypto, PayPal, Tribe Capital, North Island Ventures, and more.