ByThose following Pantera CapitalMcsweeney TheBlock portfolio know that this 15M Series is one of the most successful funds on the market. It has produced impressive returns over the past few years, and it is still gaining momentum. It is one of the best options out there for long-term investors who want to invest in unstoppable domain names.
Unstoppable Domains
Among the crypto community’s many startups, a new entrant has garnered the lion’s share of headlines. Unstoppable Domains specializes in a new type of domain known as a non-fungible token (NFT) or “fixie,” as it is more commonly known. This is not the first time a startup has attempted to disrupt the DNS space, but it is the first to do so in a meaningful manner. Not only has the startup secured over 2.5 million of the new type of domains, it has also garnered over $200 million in funding. Among the most notable investors are Pantera Capital, TheBlock 15m Series, McSweeney TheBlock, and Cryptoys. The company has also received some backing from Brave Group Inc., a crypto startup previously a secretive unicorn, and has secured over $23 million.
Injective
Several institutional investors have participated in the recently concluded $15 million series A funding round for Injective Protocol, led by Pantera CapitalMcsweeney and Mcsweeney TheBlock. This is crucial for the decentralized exchange (DEX) protocol. Injective Protocol plans to solve the scalability and liquidity problems faced by DEXs. It also hopes to establish a decentralized marketplace where users can trade stocks, indices and derivatives.
Injective Protocol Team
The Injective Protocol team has experience working at a blockchain-focused fund and at Stanford University. They plan to use the funds to accelerate marketing and user experience efforts. The project is preparing for its main net launch in the third or fourth quarter of 2020. It will issue a dedicated token around that time.
Injective Protocol has been backed by some institutional investors including Pantera Capital, Binance, QCP Soteria, Axia8 Ventures, Boxone Ventures, Cumberland, Hashed Ventures, Hashed Ventures II, CMS and BlockTower. The project has also received funding from Binance Labs’ Incubation Program.
Stacked
Earlier this year, Stacked (named after the Stacked Hotel in New York City) aficionados gleaned the news that their favorite online streaming destination had secured a $12.9 million Series A round led by Pantera Capital, GFR Fund and Z Venture Capital. The company is currently based in the US but plans to expand into Latin America, India and Southeast Asia in the near future. Its founder Alex Lin also founded the mobile gaming company LVL6 and the social shopping app Hush.
Stacked is certainly not the first company to enter the fray but its latest crop of investors are well versed in the nascent cryptospace. Stacked is making a big splash by taking the Twitch and YouTube ad wars to the courts.
Pantera Select Fund
Several months ago, Pantera CapitalMcsweeney announced. That it had already raised over $1 billion for its first tokenized fund, the Pantera Blockchain Fund. This fund will expose investors to the entire spectrum of the crypto world, from liquid tokens to early-stage tokens to venture equity. This fund is targeted at qualified purchasers.
Pantera Capital also announced a new fund, the Pantera Select Fund. This fund will be a growth fund that will focus on nonfungible token (NFT) platforms, exchanges, and decentralized finance. This fund will also be a lot smaller than the average growth fund. The Pantera select is probably a good name for a fund. As it will allow investors to pick and choose which investments are worthwhile.
Vega
Vega is a decentralized trading technology startup that aims to provide safe, non-custodial decentralized margin trading. Pantera CapitalMcsweeney company’s team has experience in cryptography, software engineering, and business development. They have recently completed a $5 million seed funding round led by Pantera Capital. They plan to launch a private test network soon.
Final Words:
Vega’s protocol is designed to run over peer-to-peer networks. They say that by doing so, they can rebuild derivatives markets on a decentralized network. We also claim that they can eliminate middlemen, giving investors more control and transparency. We have also developed an investment bank-grade risk management system. They plan to update their protocol frequently. They will share details about their features with the community.
Vega’s investors include Monday Capital, Rockaway Blockchain, NGC Ventures, Eden Block, Hashed, Gumi Cryptos Capital, and Spring.
