Poolside’s Post

What a powerful panel ! For the audience at the Future Blockchain Summit mainstage, the insights shared by world's leading investors from the Web3 and blockchain space were a great start to the 4-day event. Their deep insights on what investors look for, what is the ideal fundraising strategy for founders, decentralization, tokenomics, and scaling blockchain-based businesses offered valuable perspectives for founders, regulators and innovators alike. BlockOn Ventures founder and CEO Jagdish Pandya ( JP ) steered the conversation very skillfully to get invaluable pearls of insights from all our esteemed panelists : Marwan Alzarouni - CEO of AI at Dubai Department of Economy and Tourism Aly Madhavji - Managing Partner at Blockchain Founders Fund Vineet Budki - Managing Partner & CEO at Cypher Capital Group Gabriele Zennaro - Partnerships Lead at Outlier Ventures Danilo S. Carlucci - Founder & CEO at Morningstar Ventures    The discussion around robust and sustainable growth in web3 space, navigating regulations, and unlocking the potential of Web3 technology was incredibly enlightening. For founders, this was an unmatched opportunity to hear from all the stalwarts together ! Panels like this are essential in fostering collaboration between investors and startups, paving the way for the future of decentralized ecosystems. A truly energizing and insightful session! If you are at FBS tomorrow, meet the NuChain team at Hall No. 10, B70. #FutureBlockchainSummit #Web3Innovation #Startups #Fundraising #InvestorInsights #FundraisingStrategy #BlockchainBusiness #Web3Ecosystem #Dubai #StartupSuccess

NuChain Shines at Web3preneur: The Future of Web3 - A Housefull Event at Future Blockchain Summit! NuChain took center stage with Dhanraj Dadhich, CTO at NuChain, delivering a powerful keynote on NuChain - The Fast and Furious and its potential in #Web3. We also hosted a Fireside Chat where Group Captain Ajay Ahlawat (Veteran), COO at NuChain, and Ankitt Gaur, Founder & CEO at OrbitX discussed the future of cross-border payments. The VC panel discussion, moderated by Jagdish Pandya, Founder of BlockOn Ventures, featured leading investors including: Marwan Alzarouni - CEO of AI at Dubai Department of Economy and Tourism Aly Madhavji - Managing Partner at Blockchain Founders Fund Vineet Budki - Managing Partner & CEO at Cypher Gabriele Zennaro - Partnerships Lead at Outlier Ventures Danilo S. Carlucci - Founder & CEO at Morningstar Ventures   JP’s thought-provoking questions sparked insightful and down-to-earth conversations that left the crowd feeling informed and ready to dive deeper. If you missed out on the event, here are a few insights our panelists shared: • 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗦𝗵𝗶𝗳𝘁: VCs are now focusing on RWAs and infrastructure, with an emphasis on sustainability and compliance. • 𝗦𝘁𝗮𝗴𝗲 𝗙𝗼𝗰𝘂𝘀: Early-stage investments (Seed to Series A) with strong market fit and revenue potential should be amongst your top priorities. • 𝗥𝗲𝗱 𝗙𝗹𝗮𝗴𝘀: Unclear revenue models, inexperienced teams, and weak tokenomics lead to rejections. • 𝟮𝟬𝟮𝟰 𝗙𝗼𝗰𝘂𝘀: RWAs, DePIN, and tokenization are the key growth areas in Web3. Thanks to our fantastic panelists and everyone who showed up! Missed it? Come find NuChain at Hall No. 10, B70 – TODAY and TOMORROW! Muskan Agrawal, Deeksha Shrivastava, Praveer Tiwari, Sandeep Choudhury, Shivang Kamboj, Khushi Panwar, Ansoo Gupta, Angira Mitra, Nandini Arora, Sanskriti Negi, Samarth Bhardwaj, Arjun Parashar. #FutureBlockchainSummit #Investors #VentureCapital #CryptoInvesting #Tech #Innovation #Web3

🔥 Another thrilling week in Web3 funding! 🚀 Two standout raises dominated this week's funding rounds: MegaLabs secured $20 million in a seed round led by Dragonfly to develop MegaETH, the first "real-time blockchain" capable of streaming transactions at 100,000 TPS with millisecond-level responsiveness. 🌟 Key investors include Vitalik Buterin, Figment Capital, Consensys CEO Joseph Lubin, and Jordan Fish (Cobie). Blockworks podcast hosts Yenny Santos and Mert Mumtaz also participated.🚀 MegaETH aims to deliver near-instant performance, matching the best-in-class Web2 apps while embracing decentralization. "Creating hyper-scalable EVM implementations is a key prerequisite for truly scaling Ethereum," said Vitalik Buterin. MegaETH's testnet is set to go live this fall. 🌐 Colosseum, a Solana-focused startup accelerator, announced a $60 million raise to support early-stage projects. Co-founder Clay R. emphasized the mission to bring innovative ideas into production and accelerate the on-chain economy's growth. 🌟 Other notable raises: 💰 Hut 8, a bitcoin miner, raised $150 million from Coatue via a convertible note to expand its high-performance computing vertical. 🏗️ Conduit raised $37 million in a Series A led by Paradigm and Haun Ventures for infrastructure development. 💼 Crossover Markets, a trading technology firm, secured $12 million in a Series A round led by Illuminate Financial and DRW Venture Capital. The Web3 space is buzzing with innovation and investment, pushing the boundaries of technology and professional networking. Stay tuned Leo Ventures for more groundbreaking developments! 🚀🌐  #Web3 #CryptoFunding #Blockchain #VentureCapital 

🌟 Exciting Times at the StarkNet Roadshow – Day 2! 🚀 Thrilled to share some highlights from Day 2 of the #StarkNetRoadshow! It was a day filled with deep insights, hands-on learning, and fantastic networking. The world of #blockchain and #Web3 is evolving rapidly, and today’s sessions were a testament to that. Here are some of my key takeaways: 🎮 Gnana Lakshmi T C , Co Founder of The Phoenix Guild and DevRel took us on an inspiring journey through the world of on-chain games and groundbreaking #dApps. Her strategies for scaling startups and effective #fundraising were both practical and enlightening! 💡 Rahul Sharma reminded us that in the startup world, it's not always about having a unique idea but how effectively you execute and scale. His experience in building scalable systems for millions of users provided valuable lessons in strategy and adaptability. 🌍 Aayushi Jain shared her journey in the #Web3 space, shedding light on the vast opportunities and challenges in this ever-evolving field. Her entrepreneurial spirit and insights were truly motivating for anyone looking to dive into the #Web3 ecosystem. 🛡️ Aayush Giri discussed the immense potential in smart contract audits and shared some great tips on how to leverage #ETHGlobal hackathons for career growth and learning. His session was a great reminder of the diverse opportunities that exist in #Web3 beyond traditional roles. 🛠️ Satyam Bansal from Nethermind conducted an engaging hands-on session where we got to deploy #smartcontracts on #StarkNet. I even got the chance to develop my own #smartcontract using #Cairo and #Scarb, which was a fantastic learning experience! A huge thanks to Shouryam Kumar for putting together such an impactful event and to everyone involved, including Arpit Kesharwani and Utkarsh ArjariyaArjariya, for their hard work and dedication. Grateful for the chance to learn from such experienced professionals and to connect with amazing people like Ravi Baraskar Vinayak Sen and Manav Khadka. The future of #blockchain and #Web3 is bright, and I’m excited to be a part of it! Looking forward to applying these insights, continuing my journey in #Web3, and exploring new opportunities in #blockchaintechnology. 🚀 #StarkNet #Blockchain #Web3 #SmartContracts #Innovation #Entrepreneurship #dApps #Learning

𝗔𝗶𝗿𝘀𝘁𝗮𝗰𝗸 𝗦𝗲𝗰𝘂𝗿𝗲𝘀 $𝟰𝗠 𝗶𝗻 𝗦𝗲𝗲𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝘁𝗼 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝗶𝘇𝗲 𝗦𝗼𝗰𝗶𝗮𝗹 𝗙𝗶𝗻𝗮𝗻𝗰𝗲! Big news! Airstack , the Farcaster SocialFi company, announced $4M in Seed Financing today at Farcon, the annual conference for the Farcaster community! This funding round was led by Red Beard Ventures , with participation from an impressive list of investors, including: - Superlayer - Polymorphic - Superscrypt - HashedEM - Delta Blockchain Fund - CSP DAO - Primal Capital - Kyber - NGC - Resolute Ventures - Will Holt - Jeff Gann - Allen Day - Eddie Lou - Justin Soh - Fibo This investment marks a significant milestone in Airstack's journey to redefine Social Finance through its platform, Farcaster. With this funding, Airstack will continue to empower creators, developers, and users to build a more decentralized and community-driven financial system. Airstack'𝘀 𝗝𝗼𝘂𝗿𝗻𝗲𝘆 𝗦𝗼 𝗙𝗮𝗿: - $3.9M pre-seed II raised in 2023 - $3.85M pre-seed I raised in 2022 - Over 40,000 users on Farcaster earning through Social Capital Value system - 1,000+ development teams using Airstack's tools to create new applications - API usage surging to over 10 billion credits in April alone! 𝙒𝙝𝙖𝙩'𝙨 𝙉𝙚𝙭𝙩? With this funding, Airstack will continue to innovate and push the boundaries of Social Finance. Stay tuned for exciting updates and developments from the Airstack team! #Airstack #Farcaster #SocialFi #SeedFinancing

According to Forbes, venture capital in 2024 remains a hotbed for startups despite a perceived "winter" ❄️. Here are some of the hottest trends: 1.      Practical Apps Drive Sustainability: Large language models (LLMs) spark eco-friendly solutions, with startups leveraging LLMs for green tech attracting VC interest 🌱. 2.      AI and Blockchain Lead the Charge: VCs seek AI and blockchain startups with revenue potential, while blockchain's decentralized nature revolutionizes various industries 🌐. 3.      Cash Influx for Emerging Startups: VCs eye new ventures, particularly in AI, with sectors like business services and healthcare reeling in significant investments 💼. 4.      M&A Emerges Alongside VC Funding: VCs prefer startups with predictable growth paths, with mergers and acquisitions offering avenues for financial resilience 💡. 5.      Enhanced Governance for Sustainable Growth: VCs stress governance for sustainable startup growth, emphasizing transparent communication and robust policies 🤝. In 2024, startups alligned with these trends can secure funding and thrive in the evolving VC landscape. BM Prime Capital is writting checks, pitch us! 🌟 💼 Read more here: https://lnkd.in/dP5-ib-C #VentureCapital #StartupSuccess #TechTrends #BMPrimeCapital

Join the hackathon for Ukrainian startups, powered by KumekaTeam and Solana Foundation! Kumekathon will take place during the Ukrainian Blockchain Week by Incrypted. Register here: https://lnkd.in/dhAJcxyH. - You get to pitch to top managers from the Solana Foundation! - $200,000 in prizes, grants, and seed funding (provided by 3xcapital.fund). - An extra prize pool is offered by the UA Validators Community. - Supported by step.finance and Trustee. When: June 14 - 20, 2024. Where: join online via the Pitchtalk's platform or offline in Kyiv hub. Read more in Ukrainian: https://lnkd.in/dvDh-hu9. The Ukrainian community is one of the longest-present in Solana. It's exciting to witness the blockchain development industry's sweeping growth in Ukraine.

🚀 Exciting news from the tech world! 🚀 We're thrilled to share some remarkable developments in the global tech landscape! Check out the latest funding rounds that have been making waves: Helius (Canada) secured $9.5M in Series A funding led by Foundation Capital, reinforcing their commitment to innovation. Congratulations on this milestone, Helius team! Eigen Labs (United States) raised a staggering $100M in Series B funding with a16z crypto at the helm. This substantial investment further solidifies their position as a key player. Kudos, EigenLayer! Januar (Denmark) successfully closed a $2.19M Seed round, marking a promising start for their journey. Keep up the great work, Januar team! Citrea, introduced by Chainway Labs, captured $2.7M in Seed funding led by Galaxy Digital, paving the way for exciting advancements going forward. Fantastic progress! Bitcoin Dogs soared with a $3.1M Initial Coin Offering, indicating strong investor interest and confidence. An impressive feat, Bitcoin Dogs! Degen (United States) secured $1.4M in Seed funding with 1confirmation, highlighting their potential. Keep pushing boundaries, Degen team! OUINEX CRYPTO-EXCHANGE (France) raised $4M in Seed funding, demonstrating the global appeal of their vision. Well done, Ouinex! Exohood Labs (United Kingdom) attracted $112M in Seed funding, signaling strong investor confidence in their innovative solutions. Impressive achievement, Exohood Labs! Meso (United States) secured $9.5M in Seed funding led by Ribbit Capital, empowering them to drive impactful change. Awesome, Meso team! Loong City closed a $2M Seed round, showcasing their potential in addition to amazing, larger than life visuals and gameplay elements. Keep up the momentum, LoongCity! Congratulations to all the teams involved in these groundbreaking funding rounds! Your dedication and vision continue to inspire innovation worldwide. Let's keep pushing boundaries and shaping the future together! 🚀💡 Be sure to follow CryptoWeekly to keep up to date with the latest developments and funding deals in crypto, blockchain, and more. #TechNews #FundingRounds #Innovation #Startups #VentureCapital #Investment #TechIndustry #LinkedIn #crypto #bitcoin

If we could sum up EBC to 3 words... Pitch, innovation, food 😅 Jokes aside, several reasons took Klayr to European Blockchain Convention. The main one was being selected as one of the Top 50 startups to pitch at the #EBC #Startup Battle and we were well represented by our founders, Lukas Bronsvoort and Jurre Machielsen. ➡️Check our recap and see what our founders were doing in Barcelona: https://lnkd.in/d2S9x45F

We're excited to double-down and co-lead with Generative Ventures the latest $15mn pre-launch funding round of peaq from our focused #DePIN fund joining The Spartan Group, Moonrock Capital, CMCC Global, HV Capital, Animoca Brands, Fundamental Labs, TRGC, DWF Labs, CRIT Ventures, Inc., Cogitent Ventures, NGC Ventures, Agnostic Fund, Altana Wealth, LBank Labs, Protein Capital, Token Metrics Ventures, YAP Capital and other backers. This funding will make it easier and faster for #DePINs to build, launch, and scale on peaq, ahead of it's upcoming public offering, and the launch of the peaq’s layer-1 #DePIN blockchain. peaq is leading a global infrastructure revolution, empowering people to own and earn from mobility, energy, connectivity, environment, agriculture, and digital infrastructure🌍 As a layer-1 blockchain designed to be the go-to backbone for #DePIN, peaq serves as permissionless, borderless digital infrastructure for increasingly intelligent machines to serve all of humanity – the 100%, not just the 1% – democratizing abundance in the Age of #AI and job automation. CoinDesk: https://lnkd.in/dPSnpucG Cointelegraph: https://lnkd.in/d6Y4U8w3 The Block: https://lnkd.in/d6f6ygbT YouTube: https://lnkd.in/dK4fhxjT