Neoclassic Capital is a global investment firm specializing in web3, blockchain technology, and digital assets.

Neoclassic Capital

Incubate Fund is an independent early-stage venture capital that specializes in providing capital to technology startups at the seed stage. The firm built a portfolio of over 300 companies in Asia, taking 12 companies to public and 20 companies to M&A exit since 2010.

Incubate Fund

PAKA is a DAO-driven venture built by Polkadot ecosystem builders. They only focus on long-term success in Web3.0

PAKA Capital

Decima Fund is a venture capital fund that invests in the blockchain and web3 areas.

Decima Fund

Cyber

Chapter One Ventures is an early-stage seed fund created by Jeff Morris Jr.

Chapter One Ventures

We believe crypto-economic systems unlock a fundamentally new form of human coordination, allowing disparate entities to self-organize at massive scale. For the first time, the network effects of large platforms can be reproduced without their associated costs. At its core, this technology is a disintermediation force whose radical proliferation has only just begun.

Delphi Ventures

Mask Network build the bridge between Web 2.0 (Platforms such as Twitter) and Web 3.0 -  By letting users send encrypted messages to friends, send and receive cryptocurrency and share files, and interact with DApps, all on a decentralized level. Mask Network offers the ability to fund Gitcoin grant campaigns directly from Twitter, as well as plans to offer p2p payments and decentralized storage functionality. It is a decentralized portal that also allows users to use DApps like crypto payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs) and decentralized organizations (DAO) over the top of existing social networks without migrating, creating what is referred to as a decentralized Applet (DApplet) ecosystem.

Mask Network

GBV Capital is dedicated to invest, develop, and the support blockchain and crypto projects to build our future

GBV Capital

Next Web Capital support entrepreneurs starting their business in the new ecosystem based on cryptos and blockchain. Next Web Capitalrm provides mentoring by its founders and other members, sharing their experience in addition to offering financial support by actively participating in the DAO (decentralized autonomous organization) and other ecosystems.

Next Web Capital

Polygon Ventures is an investment firm that focuses on early-stage Web3 startups.

Polygon Ventures

Phi is a social gaming platform that focuses on 'on-chain Identity' using ENS and wallet activity. It allows users to build their web3 cities based on their wallet activities. The platform also offers a variety of features such as Silver Gas Saver, Supersonic Bat, Gold Gas Saver, Hypersonic Bat, Iron Gas Guzzler, and Ethereum Wallpaper. Phi also provides a user guide for its users to understand how to play and access Phi Land, and how to create their Phi Land. The platform is designed to be immersive and interactive, providing a unique gaming experience for its users.

Phi is a education-focused metaverse platform launched in March 2022 that gamifies the blockchain and allows on-chain identities to be visualized. The platform consists of two main components: Phi Quest and Phi Land. Phi Quest allows users to explore quests in collaboration with different Web3 protocols, so they can be rewarded with objects upon completion. It also offers “Campaign Quests,” which are time-limited quests that focus on a single protocol or ecosystem.

Metaverse Platforms

Phi is a education-focused metaverse platform launched in March 2022 that gamifies the blockchain and allows on-chain identities to be visualized. The platform consists of two main components: Phi Quest and Phi Land. Phi Quest allows users to explore quests in collaboration with different Web3 protocols, so they can be rewarded with objects upon completion. It also offers “Campaign Quests,” which are time-limited quests that focus on a single protocol or ecosystem.Phi Land allows users to create their personalized space using their ENS domain and populate it with in-game items, including objects, wallpapers, and baseplates, which can be obtained through Phi Quest and the platforms shop. Examples of on-chain activities to claim Phi Objects include holding NFTs, token holding, and swapping. Phi utilizes hyperlinks to connect lands by tying ENS domains to objects on a land, creating their own metaverse land address such as “username.eth.” In December 2022, Phi launched its platform on the Polygon mainnet and saw 34,000 lands minted with more than 1.2 million objects claimed.Key customers and partnershipsAs of January 2024, the company recorded over 73,000 unique users on its platform, with over 2 million objects minted.Funding and financialsIn <a href="https://sp-edge.com/updates/16498">February 2023</a>, Phi raised USD 2 million in a seed funding round co-led by Chapter One and Delphi Digital. Funds were earmarked for collaborations with more blockchain protocols, developing the platform’s on-chain gamification methods, and improving its UI/UX design.

Gather is a virtual space with web-based video calling capabilities, combined with a 2D pixel art-based map and characters that allow individuals to carry out natural conversations in a multitude of settings (office, university, etc.). The company was a part of the Y Combinator Summer 2019 cohort. The platform also offers private virtual meeting spaces with chat, whiteboards, document, and screen sharing features. Further, Gather also offers integrations with other enterprise applications, such as Slack, Google Calendar, and Google Docs. The company claims to have superior compatibility with spatial technology due to its natively built video conferencing system.It operates with a freemium subscription model that is free for up to 10 users, with paid plans starting at USD 7 per month for up to 500 people. The company also generates revenue for virtual conferences (free for up to 10 users), with paid plans starting at USD 3 per user per day.The company has a long-term vision for the metaverse to freely make work and educational opportunities available worldwide. In line with its vision, Gather has hosted over 20,000 virtual professional events, including academic conferences, job fairs, and professional societies (November 2021).Key customer and partnershipsAs of January 2024, the platform was used by over 1,000 teams, including notable enterprises, such as Y Combinator, Yelp, and Notion.Funding and financialsGather raised USD 50 million in a Series B funding round co-led by Sequoia Capital and Index Ventures in <a href="https://sp-edge.com/updates/6425">November 2021</a>. The fresh funds were expected to be funneled toward expanding its operations and business reach.Key competitors: None under the same stage.

Gather

Mytaverse offers a hardware-agnostic 3D metaverse platform that enables enterprises to digitally host a wide range of activities, such as meetings, conferences, training simulations, and tradeshows. The company also allows for the creation of branded metaverses in the form of functioning environments or digital twins. Mytaverse also provides support for CRM integrations and customer profiles, with support for 50 users on any given virtual world. Further, Mytaverse claims that its tech allows for the creation of photorealistic spaces.Key customers and partnershipsNotable customers included Nike, PepsiCo, Dolby and Dassault Aviation, among others.Funding and financialsIn April 2022, Mytaverse raised USD 7.6 million in a seed funding round led by Blumberg Capital. The funds were raised to accelerate product development, expand sales and tech teams, and further expand interactions with brands and support strategic partnerships. As part of the deal, David Blumberg (founder and managing partner, Blumberg Capital) and John Paul Milciunas (general partner, Baselayer Ventures) were expected to join Mytaverse’s board.

Mytaverse

Alta is the game studio that developed Township Tale, an open-world VR multiplayer game set in a medieval fantasy world. Users can engage in multiplayer experiences that revolve around a wide range of activities such as cooking, crafting, PvE, mining, blacksmithing, and carpentry. The game relies on procedural generation, a method to combine computer and human-generated content on a large scale for mass content creation as its key differentiator.The company generates revenue via 1) sales of its game on the Meta Quest Store, priced at USD 10 and 2) sales of in-game cosmetics, ranging from USD 10-80. Users can also show further support to the game devs via monthly donations of USD 10, with players receiving in-game currency (for the purchase of in-game cosmetics), exclusive in-game discounts and the ability to create a private PC server.In April 2024, the company disclosed that it was developing a dark fantasy-themed VR exclusive game, codenamed ‘Project 2’. Key customers and partnershipsAccording to data from MMO Stats, The company was estimated to have a total of ~850,000 players as of January 2024.Funding and financialsIn its most recent funding round (January 2022), the company raised USD 12.4 million in seed funding co-led by Makers Fund and Andreessen Horowitz. The round valued the company at USD 62 million and the fresh funds were expected to be used to expand its team, create new partnerships, and further develop its technology.

Alta

BitDegree is a cryptocurrency learning platform that offers Learnoverse, a gamified and interactive crypto learning metaverse powered by the blockchain, where users will be able to create their own avatars, collect NFTs exclusive to Learnoverse, explore a virtual world (CryptoDegree City) that is divided into topic-based districts with each building representing a specific educational course on crypto, earn tokens through learning, and eventually obtain crypto-degrees. Course creators will be able to purchase NFT land on the platform and create NFT buildings to represent their courses, and its novel tokenomics will allow instructors to earn from their courses without charging the user.Key customers and partnershipsIn September 2022, the company partnered with web3 mobile development infrastructure provider Mirror World to create a course about Web3 gaming within Learnoverse, and NFT platform Lympo, to enable creators to mint NFTs within Leanoverse.Funding and financialsBitDegree raised over USD 1 million in funding from Japanese/Singaporean venture investor Mistletoe in June 2022. The funds were raised to create innovative methods of learning blockchain, crypto, and Web3-related topics within Learnoverse.

BitDegree

Star Atlas is a space-themed metaverse gaming platform built on the Solana blockchain and Unreal Engine 5. The game allows users to interact, organize, and explore unknown regions in space, alongside joining factions and harvesting resources. The platform includes assets that are tokenized, which provides users ownership over these unique assets and enables them to generate income through these assets. Star Atlas' in-game economy and governance is run using its native currencies, POLIS and ATLAS, and, as of May 2022, the platform had nearly 100,000 players.In May 2024, the company announced that it would launch Star Atlas on mobile Android and iOS by the end of the year.The company also developed the SAGE Labs browser-based open-world game in August 2023, which focuses on deep space resource extraction and crafting.Key customers and partnershipsIn July 2023, the company partnered with blockchain indexer Hello Moon, aiming to bolster the scalability and robustness of Star Atlas real-time data handling capabilities, effectively replacing its proprietary in-house solution. Additionally, the company partnered with Web3 company MetaGravity in the same month to scale its concurrent player count on a single server to 30,000 from 5,000.Funding and financialsIn December 2021, Star Atlas received USD 3 million in funding from Animoca Brands in the form of a purchase commitment of Star Atlas NFT spaceships. The NFT spaceships sold to Animoca Brands were part of Star Atlas’ Galactic Asset Offering (GAO) and all the revenue from asset sales from its GAO was expected to be used to further develop the Star Atlas metaverse.

Star Atlas

Platforms that offer collaborative 2D and 3D environments for enterprise and education-related use cases

Platforms that facilitate entertainment-focused virtual events and concerts

Platforms that focus on multiplayer gaming experiences in virtual worlds

Platforms that focus on social interaction, experience creation, and virtual land purchases

Platforms that enable the creation of avatars that are used as digital identities in metaverse platforms

Platforms that offer virtual worlds for multiplayer social gaming experiences enable users to create experiences and conduct transactions (e.g. buying virtual land)

Virtual worlds and web3 are the primary enabling technologies for the metaverse industry

Work platforms offer virtual spaces for enterprise use cases

Some solutions in the gaming platforms segment use AI for non-playable characters (NPCs)

Some gaming and social metaverses are decentralized, with features such as play-to-earn and NFT minting

Social gaming and pure-play social platforms facilitate virtual land transactions using crypto

Most solutions in this hub use AR/VR for virtual events, enterprise, and social/gaming use cases

Phi

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