Consensus Capital Holdings is a private investment and management firm.  They have and have access to the capital, the experience, the expertise and the partners to provide the right type of transitional capital solution for investment opportunities.  Consistent with our experience, they maintain a long term and patient view of holdings in the portfolio.  They are direct in our approach and ethical in our dealings.

Consensus Capital Holdings

Lemniscap is an early stage investment firm specializing in investments in emerging crypto assets.

Lemniscap

Continue Capital excels in investments on digital currency Startups , Private Equity and HFT Funds, focus on strategic sectors including Blockchain industry, innovative science and  technologies. We continue to invest in breakthrough technologies. We are long term believers in the blockchain industry, witnessed and deeply involved in the booming revolution of the whole industry. Our core team members are early Bitcoin community members, including professional Developer, Venture Capitalist and global Community Leader, who are decentralized located in China, Japan, and USA.  We continue to be the catalyst of innovation technologies and blockchain industry. We help those legendary teams, from idea to prototype and beyond, bring industry value-add resources to our portfolio partner. For startups in early stage, we focus on providing continue support on world wide community management and Operation，Liquidity Supporting，Executive Coaching. Taking uncertainty together with founders is unique to our spirit and how we add value.

Continue Capital

UniValues Associates is a investment firm.

UniValues Associates

A fund dedicated to backing the most brilliant minds in the blockchain space

AU21 Capital

Founded in Australia, Hayek Capital is a leading investment institution that focuses on Blockchain Industry. Our service currently covers the whole Blockchain Industry. With our proficient partners in Finance, IT and Blockchain Industry, we are dedicated to becoming a lighthouse for all entrepreneurs in the blockchain world.

Hayek Capital

BCA Fund

Harmony

Metaverse Platforms

LootMogul offers a sports metaverse platform, accessible via web, mobile, gaming consoles, and VR, which contains 200+ virtual arenas, stadiums, meta shops, and training academies in major sports cities. Users can purchase virtual properties and merchandise (as NFTs) to engage with their favorite team or athletes, as well as participate in contests, training academies, and games. The platform simultaneously provides athletes and teams the opportunity to monetize their presence while engaging with fans. Transactions on the platform are facilitated by its digital currency, Mogul tokens. LootMogul is free to use although it offers in-game tournaments featuring real-money prizes, which cost USD 1 for entry.In August 2023, the company introduced MogulX.ai, a platform that allows users to create their own non-player character (NPC) avatars. The avatars, backed by GenAI tech, can be trained by creators in supervised and unsupervised manners to compete in global sports tournaments to generate revenue. The company claims that the AI avatars learn from in-game interactions and can adapt their behavior accordingly, increasing the variety of conversations and actions that users experience. Fans can also create fantasy teams and leagues to compete in LootMogul’s multiplayer tournament model. The company was also exploring options to dress metaverse avatars in real-world products, with the option to ship the physical items to their homes, which would be offered as a SaaS solution to brands, similar to that of Shopify Stores.Key customers and partnershipsAs of January 2024, the company signed up over 300 college and professional athletes from organizations such as the NBA, NFL, MBL, and UFC under multi-year contracts. Additionally, as of April 2023, the company recorded 84,000 active users on its platform.The company had partnerships with ~180 professional athletes in the US and was in the process of adding 1.5 million high school and college athletes as of September 2022.Partnerships include that with metaverse company Superworld to allow sports fans and athletes to create, discover, and monetize content and experiences anywhere in real-world locations (March 2023) and global sports rights and marketing agency Six Sport to expand activities in Europe (January 2023).Funding and financialsThe company’s latest funding round was closed in April 2023, where it raised USD 0.13 million in crowdfunding from 277 investors. At the time, the company noted that it was cash flow-positive and was generating USD 80,000 in net revenue per month.In September 2022, LootMogul received a USD 200 million investment from Global Emerging Markets (GEM) to further accelerate the development and adoption of its blockchain-based gaming spaces.Competitors: None under coverage. (LootMogul offers a metaverse platform tailored to sports enthusiasts).

LootMogul is an athlete and teams-led (ambassadors) sports technology platform that leverages existing real-world assets such as teams, players, stadiums, brands, etc, and digitizes them through digital twin stadiums in the virtual world, blockchain mini-games, regenerative AI, and e-commerce shops. LootMogul is official metaverse and gaming platform for Cricket South Africa and Durban Super Giants. Key pillars of LootMogul business model: * Monetization-First strategy for brands (SaaS-B2B) and athletes & fans (B2C) drives steady long-term revenue & engagement for all stakeholders.  * Pragmatic & simplistic approach to onboarding the sports community (stadiums, athletes, brands, and fans) into the digital ecosystem using blockchain &  AI. LootMogul was founded in 2020 by Raj Rajkotia and Kuntal Sampat.

GoPlus Security is an open, permissionless, user-driven security service platform for all types of blockchain users.

HOPR protocol is an open-incentivized mixnet where anyone can earn tokens for staking and running nodes. The company aims to ensure everyone has control of their privacy, data, and identity as they navigate online. It combines the traditional association of a proven legal entity with the tenets of a decentralized autonomous organization.

5x5 Gaming is a cross-platform competitive gaming company.

Harmony is a fast and open blockchain for decentralized applications. Our protocol has achieved secure and random state sharding. Harmony Mainnet supports thousands of nodes in multiple shards, producing blocks in a few seconds with instant finality. Our staking mechanism reduces centralization while supporting stake delegation, reward compounding and double-sign slashing. Are we decentralized yet? Harmony aims to build an open network of nodes operated and governed by a large community. Visit us at harmony.one Enjoy our monthly harmony.one/newsletter

Harmony is an EVM compatible layer-1 blockchain that uses a a proof-of-stake (PoS) consensus mechanism with its mainnet launched in June 2019. It claims to be the first platform to combine PoS and sharding to improve scalability. It uses four shards each with a limit of 250 validators and claims to have maximum throughput of 2,000 transactions per second. Its native token, ONE, can be used to pay for transactions, staking and on-chain governance; however, it burns all transactions fees.

A decentralized version of the web powered by the blockchain

Web3 Ecosystem

Harmony Blockchain Mainnet Now Supports Staking Along With Sharding

LootMogul

SL2 Capital

Platforms that focus on multiplayer gaming experiences in virtual worlds

GoPlus Security

Arweave

Crypto.com Capital

SevenX Ventures

Avalanche Asia Star Fund

Geekcarptel

KuCoin Ventures

GeekCartel

HOPR

Ankr

Dusk

Edge & Node

5x5 Gaming

Com2uS

Sandbox

Yield Guild Games Southeast Asia

Dialectic

Lucid Blue Ventures

Harmony is an EVM compatible layer-1 blockchain that uses a a proof-of-stake (PoS) consensus mechanism with its mainnet launched in June 2019. It claims to be the first platform to combine PoS and sharding to improve scalability. It uses four shards each with a limit of 250 validators and claims to have maximum throughput of 2,000 transactions per second. Its native token, ONE, can be used to pay for transactions, staking and on-chain governance; however, it burns all transactions fees.Its Beacon Chain or Shard 0 is responsible for transmitting information between the other three shards while it also offers an Ethereum-Harmony cross-chain called Horizon, which allows developers to interact and transact between the two networks.In September 2021, the company launched a USD 300 million ecosystem fund to offer investments and grants to startups working on applications and protocols on its network. The platform supports various dApps such as GameFi, DeFi, DAOs, metaverse, and NFT marketplaces.Key customers and partnershipsThe company <a href="https://sp-edge.com/updates/14800">partnered with Singapore-based Game Space </a>, a GameFI-as-a-service platform, to help Web2 game developers onboard Web3 functionality. The two companies also planned to promote blockchain games and NFT-related projects to boost Web3 adoption.Funding and financialsHarmony raised USD 18 million in a token presale in April 2019 from various investors including Lemniscap VC, BCA Fund, UniValues Associates, and Consensus Capital, who purchased over 2.8 billion tokens.

NEAR Protocol is an open-source layer-1 blockchain launched in October 2020. The blockchain uses a proof-of-stake consensus mechanism to validate transactions. Its native token is NEAR, which can be used to pay for transactions and storage on the blockchain, while also allowing token holders to participate in the platform’s governance process. In August 2024, NEAR launched a significant upgrade called "<a href="https://sp-edge.com/updates/32890">Nightshade 2.0</a>" to enhance scalability and usability. This update is a major step in integrating sharding into NEAR's core architecture, which divides the blockchain into smaller segments, allowing the network to process more transactions at a lower cost. Validators no longer need to store shard states locally; instead, they retrieve "state witnesses" from the network to validate changes. This improves shard performance and boosts the network’s ability to support more shards.NEAR allows users to sign up for a wallet (account) using unique human-readable names (e.g., johndoe.near, in comparison to cryptographic and randomly generated private keys, which is a characteristic of chains such as Ethereum), which in turn enables easy sign-ins for dApps for users and improves the overall usability of the blockchain. The platform also allows developers to prepay gas fees for first-time users, allowing the latter to interact with a dApp for free. NEAR also offers the Rainbow Bridge, which allows users to transfer ERC-20 and NEAR tokens or any other digital asset between the Ethereum and NEAR blockchain. In addition, the platform provides tools such as SDKs, CLIs, and APIs for developers to create dApps on its blockchain. In addition, NEAR allocates 30% of the transaction fees to developers to encourage them to build applications on its platform, with the remainder being burnt.The protocol also incorporates <a href="https://sp-edge.com/updates/32771">Chain Signatures</a>, a technology that allows smart contracts to sign transactions across multiple blockchains without relying on cross-chain bridges. This aims to simplify multichain dApp development by reducing the need for multiple wallets and manual bridging, as well as enhancing user experience and increasing asset liquidity and utility across blockchains.As of July 2022, NEAR had 100 validators on its blockchain, which it expected to increase in proportion to the number of transactions. The platform uses an auction system to select and determine the seat price for its validators every epoch (time interval of 12 hours). The platform claims to be able to scale infinitely by adding more validators owing to its underlying architecture.Key customers and partnershipsIn June 2021, NEAR joined ICON’s Blockchain Transmission Protocol (BTP), which seeks to improve cross-chain communication. The partnership allowed data to be transferred between the NEAR blockchain and other BTP partners such as Polkadot and Harmon. Moreover, NEAR partnered with <a href="https://sp-edge.com/updates/23393">Nym Technologies </a>to integrate end-to-end encryption and privacy safeguards into the NEAR blockchain ecosystem.In addition, NEAR partnered with Ardana, a stablecoin and decentralized exchange (DEX) liquidity pool built on the Cardano blockchain in November 2021, to build a bridge to support integrations and token transfers between the NEAR and Cardano blockchains. It had also planned to enable cross-chain smart contract functionality and allow the NEAR token to be used as collateral on Ardana to mint stablecoins in the future.

NEAR

Ava Labs develops the open-source layer-1 blockchain, Avalanche. The Avalanche network architecture contains three separate blockchains in order to address the decentralization, security, and scalability limitations of blockchains. These include 1) the Exchange Chain (X-Chain), which is the default blockchain on which assets are created and exchanged and also includes Avalanche’s native token–AVAX; 2) the Contract Chain (C-Chain)—which is based on the Ethereum Virtual Machine (EVM)—allows for the creation and execution of smart contracts with cross-chain interoperability; and 3) the Platform Chain (P-Chain), which coordinates validators and enables the creation and management of subnets (a sovereign network that defines its own rules for membership and tokenomic). Avalanche uses a proof-of-stake consensus mechanism and is able to execute 4,500 transactions per second. As of December 2022, ~1,000 projects were built on Avalanche, including DeFi projects like Tether, SushiSwap, Chainlink, and Circle. As of the same date, the network processed on average two million daily transactions and was secured by more than 1,200 validators.Ava Labs launched Core, a dedicated non-custodial crypto wallet for AVAX as a browser extension, through which users are able to browse dApps on the Avalanche blockchain. In April 2023, the company announced plans to launch “ <a href="https://sp-edge.com/updates/17583">Evergreen Subnets </a>,” a suite of blockchain deployments, tooling, and customization services specifically designed for financial institutions to run their own private, permissioned chains with approved parties. In addition, financial institutions will be able to communicate and transfer data with other subnets through Avalanche’s native communication protocol Avalanche Warp Messaging (AWM) without relying on any third parties. It also launched <a href="https://sp-edge.com/updates/18842">AvaCloud </a>in May 2023, a no-code Web3 launchpad that assists businesses in building fully managed blockchain ecosystems. AvaCloud consists of four main components: an automated blockchain builder, managed validators, comprehensive data tools, and chain interoperability within Avalanche subnets.Key customers and partnershipAvalanche has partnered with several cloud services providers to improve its network such as <a href="https://sp-edge.com/updates/15079">Alibaba Cloud </a>(December 2022) to improve its infrastructure and support for its validators. Users of the Avalanche blockchain can launch new validator nodes using Alibaba Cloud’s plug-and-play infrastructure-as-a-service (IaaS), while dApp developers can use the latter’s storage and computing resources for the efficient running of their dApps. It also collaborated with <a href="https://sp-edge.com/updates/15640?industryIds=144">AWS </a>(January 2022) to scale and improve blockchain adoption and support its dApp ecosystem, while also enabling one-click node deployments through the AWS marketplace.

Ava Labs

Based in Australia, Immutable is a developer of blockchain-based video games and a provider of a Web3 game development platform. The company develops and publishes its games through Immutable Game Studio, and released its first game, Gods Unchained, in March 2021. The game is a NFT strategy card game, and had ~80,000 active players as of January 2022. It also claimed that over USD 25 million of Gods Unchained digital assets have been traded as of the same date. In February 2024, the company launched the mobile version of Gods Unchained, available on Google Play and Apple App Store. Immutable launched its second game, <a href="https://sp-edge.com/updates/29491">Guild of Guardians </a>, in May 2024 to over 1 million pre-registered users. It is a mobile role-playing game set in a fantasy world on the brink of destruction, where players must form teams to battle against evil Dreads.Its Web3 game development platform, Immutable X, provides a SDK that offers APIs and smart contracts to allow developers to leverage ready-made Web3 infrastructure to quickly build and deploy blockchain-based games. These include an onboarding solution (non-custodial wallet) called <a href="https://sp-edge.com/updates/16041">Passport </a>, transaction infrastructure, and NFT minting tools. The platform also consists of a developer hub which allows developers to launch and manage their projects in one-place and obtain related performance analytics.In addition, Immutable X also acts as a layer-2 scaling solution on the Ethereum blockchain. It uses <a href="https://sp-edge.com/companies/607497">StarkWare's </a>StarkEx roll-up technology and can process 9,000 transactions per second, with zero gas fees, while claiming to be carbon-neutral. Its native token IMX can be used to pay for transactions as well as stake and govern the network. Notable companies building on Immutable X include GameStop, TikTok, OpenSea, Ember Sword, Illuvium, GreenPark Sports, and Vee Friends (Gary Vee).Key customers and partnershipsImmutable partnered with Mineloader to develop Guild of Guardians, and it has also collaborated with several game developers, including Turner Sports and Kongregate, to build Web3 games on the Immutable X platform. Furthermore, Immutable partnered with <a href="https://sp-edge.com/updates/22566">Amazon Web Services (AWS)</a> to develop infrastructure solutions to assist companies in developing and scaling blockchain-based games, and <a href="https://sp-edge.com/updates/24637">Amazon Prime Gaming</a> to list in-game content for Gods Unchained in the latter’s platform. This partnership also aimed to introduce the game to a broader audience circle through Amazon's platform, which boasts over 200 million Prime Gaming members. It also collaborated with <a href="https://sp-edge.com/updates/25892">Axelar</a> to integrate games built on Immutable's zkEVM into the Axelar network to enhance user onboarding across blockchain.The company collaborated with <a href="https://sp-edge.com/companies/786111">Polygon</a> to launch its <a href="https://sp-edge.com/updates/24881">zero-knowledge Ethereum Virtual Machine</a> (zkEVM) scaling solution to bypass the scaling limitations of the Ethereum blockchain and promote Web3 gaming. This network allows developers to completely abstract transaction fees, allowing a frictionless player onboarding and improved user experience.

Immutable

Mythical Games is a video game studio building games based on blockchain technology, playable NFTs, and play-to-earn game economies. The company developed two games—NFL Rivals and Blankos Block Party. The latter was discontinued in December 2023 after its launch in June 2022.In May 2022, NFL and the NFL Players Association partnered with Mythical Games to develop an NFT-based video game NFL Rivals. The game was launched in 2023, with players taking part in arcade-style gameplay, assuming the role of NLF general manager. They can collect and trade players represented as NFTs on the secondary market via the iOS and Android apps, as well as Mythical’s web-based marketplace. In addition, a unique feature of the game is the “squad system,” which enables players to team up with fellow players to compete with others.Mythical Games also enables other game developers and publishers to build or integrate blockchain-based play-to-earn economies into their games through The Mythical Platform. The platform also includes built-in regulatory KYC/AML compliance and indemnity as well as a verified wallet for transacting both real and cryptocurrencies. Further, the company also offers a marketplace that enables users to sell and trade their digital assets.The Mythical Platform is built on an EVM-compatible sidechain Mythical Chain, which uses a proof-of-authority consensus mechanism to validate transactions. The chain also offers interoperability features, allowing players to transfer and trade NFTs across multiple blockchains. It also claims the minting of NFTs and integrating the marketplace over its platform does not require mining.It acquired <a href="https://sp-edge.com/updates/15966">DMarket </a>–a digital gaming asset marketplace–in January 2023, and utilized its technology to launch an improved version of its own marketplace (Mythical Marketplace 2.0), with features such as a blended payment gateway and AML and fraud protection systems.Key customers and partnershipsAs of June 2023, the company reported to have achieved daily gross sales exceeding USD 1 million and gained more than 2.5 million new users over the past year. Moreover, it expects to reach over 20 million player accounts across its entire game portfolio by the end of 2023, primarily propelled by NFL Rivals and the upcoming release of Nitro Nation World Tour.The Mythical Platform’s first developer partners were announced by the company in November 2021, which includes 1) CCG Games to create Epic Spell Wars: Magic Fight, a trading card game; 2) Creative Mobile to create Nitro Nation – World Tour, a racing game; and 3) Abstraction Games to create a new action strategy title. These were slated to be released in 2023.Funding and financialsIn November 2021, Mythical Games raised USD 150 million in a Series C round led by Andreessen Horowitz at a valuation of ~USD 1.3 billion. Additionally, it raised <a href="https://sp-edge.com/updates/19719">USD 37 million in a Series C1 </a>funding round led by Scytale Digital in June 2023, at a similar valuation. This funding round is expected to close later in 2023 and reach USD 57 million-67 million. It had planned to utilize the fresh funds toward initiatives that will drive profitability within the next year and expand its games and infrastructure to reach a larger audience.

Mythical Games

Storj Labs developed the Storj Decentralized Cloud Storage (DCS) network that works by compressing, encrypting, and splitting files into more than 80 smaller pieces to distribute and store them across a global network of individual storage nodes, which are excess hardware space rented out by individuals in return for a fee. Storj audits its network through random file verification every hour, which ensures its files are consistently being hosted by its nodes; it automatically reconstitutes the data when it is required by the user. The company claims to have more than 10,000 active nodes with over 6 petabytes of available storage capacity spread across the world, as of August 2022. It uses its native token STORJ, which is used by customers to pay for providers of decentralized storage.Key customers and partnershipsStorj partnered with <a href="https://sp-edge.com/companies/792614">Matter Lab’s </a>zkSync Era ( <a href="https://sp-edge.com/updates/18986">in May 2023 </a>) to integrate the latter's zero-knowledge roll-up technology into its cloud storage platform to optimize transaction speed, reduce gas fees, and improve the overall efficiency of the payment process. Additionally, the partnership enables EVM-compatible composability for decentralized storage payments, providing customers with increased flexibility and a wider range of customization possibilities. As part of the development, Storj also had plans to develop and maintain two open-source libraries, Crypto-Batch-Payment and Storjscan, which will focus on creating a seamless onboarding experience for its customers on the zkSync Era network.

Storj

Developers of video games that use elements of blockchain technology, allowing gamers to earn cryptocurrency by playing games. They can either convert it into real money or purchase in-game assets.

A decentralized alternative to traditional social networks that operate on independently run servers on the blockchain. These are community-owned and reward user participation.

An alternative storage system in which data is encrypted, segmented, and stored on multiple nodes across the blockchain rather than a single server.

Developers of dApps for use in industries such as travel, health, and fitness, which are yet to reach wider adoption.

Providers of wallets that allow users to purchase and store the cryptocurrencies/tokens required to interact with web3 apps, along with app browsers for users to browse and access dApps.

Also known as layer-1 networks, these include developers of the base blockchain network.

Also known as layer-2 solutions, this includes providers of scaling solutions, such as sidechains, state channels, and rollups, which improve the speed and throughput of transactions occurring in layer-1 blockchain networks.

Platforms that provide tools such as SDKs, blockchain node infrastructure, and bridges for developers to create, host, debug, and add extra functionality to dApps on one or many blockchains.

Includes companies that form the Web3 ecosystem

Web3 is based on blockchain tech, a key enabler of the industry

GenAI tools help develop smart contracts and query the blockchain for data

Providers of node-as-a-service and SDKs to build dApps operate under this model

Harmony

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless