Hack VC Secures $150M 💰 Decoding Crypto Market
A 12-week Growth Camp for your early-stage web3 project. 7 key insights on crypto market dynamics. Explore the latest funding by a16z and track grants that help you grow.
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📈 Don’t miss these insights on crypto market dynamics
🚨 Join this 12-week Growth Camp for your early-stage web3 project
🤩 Latest funding by Web3 investors a16z
Decoding Crypto Market Dynamics 🚀
Understanding the Cryptoverse Landscape
Crypto moves fast and with this pace, venture funds constantly balance classic investing with the quirks of the market. Regan Bozeman of Lattice Fund shares reflections on the complex crypto market cycle, offering insights into the challenges and lessons learned.
7 Key Insights
Crypto Venture: A Hybrid Adventure
Bozeman draws parallels between crypto ventures and a hybrid of classic venture investing and penny stock tracking. Despite initial assumptions, he recognizes the uniqueness of the crypto landscape, where market dynamics often diverge from traditional fundamentals.
Learning from Mistakes: The SOL Case
Reflecting on missed opportunities, Bozeman candidly discusses the case of $SOL. Despite extensive analysis, the team hesitated, missing out on one of the market's biggest winners. The episode underscores the importance of considering left-curve market views in crypto.
Market Structure Matters
One critical oversight highlighted by Bozeman is neglecting market structure analysis. Timing, he notes, is crucial, and understanding when natural sellers have left the market can impact investment decisions. The case of $SOL post-FTX blowup exemplifies the significance of timing in crypto ventures.
Price Driving Adoption: A Paradigm Shift
The conventional idea that adoption influences price is questioned by Bozeman as he delves into how market prices can boost fundamentals. The relationship between Solana's price increase, liquidity injections via airdrops, and ensuing ecosystem activity unveils a fresh dynamic where price stimulates adoption.
Eccentricities of Crypto Market
Understanding the peculiarities of the crypto market is crucial, recognizing which stories appeal to retail investors. Examples such as Helium ($HNT) and Braintrust ($BTRST) are mentioned, showing how perceived value and enthusiasm can impact market trends, occasionally disregarding logical valuation measures.
Financial Nihilism and Meme Coins
The changing narrative of the crypto market considers the shift towards financial nihilism. Traditional VC preferences are undergoing a shift as more funds openly embrace meme coins and unconventional plays, challenging established investment narratives.
Crypto Market's Oddities
Understanding the crypto market's oddities is crucial, recognizing narratives that appeal to retail investors. Helium ($HNT) and Braintrust ($BTRST) show how excitement impacts trends, sometimes ignoring rational metrics. VC norms shift as meme coins gain traction, altering investment paradigms.Adapting Strategies for The Crypto Market
Bozeman emphasizes adjusting to the left curve, supporting founders, and understanding market dynamics for success.With this, we’re looking ahead to an unpredictable journey with retail interest, speculation, and changing dynamics. For a more in-depth exploration, click here.
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TWIW3 Funding 🤩
💰 Hack VC Secures $150M Boost for Web3 and Financial Infrastructure Investments
Hack VC closes a $150 million oversubscribed Venture Fund I, led by seasoned Web3 investors Alex Pack and Ed Roman. With a focus on scalability and security, the fund aims to propel the evolution of Web3, bringing its total assets under management to around $425 million.
💵 Citrea Secures $2.7M to Boost Bitcoin with ZK-Rollup Tech for DeFi and NFTs
Citrea, backed by a $2.7 million seed investment led by Galaxy Ventures, pioneers integrating zero-knowledge rollups with Bitcoin. This innovative approach expands Bitcoin's capabilities, introducing features like DeFi and NFTs. The project aims to enhance blockchain efficiency without altering Bitcoin's core consensus rules, fostering a diverse range of applications.
💸 EigenLayer Soars with $100M Series B Led by a16z for Ethereum Restaking Revolution
Ethereum restaking protocol EigenLayer secures $100 million in a Series B round led by a16z. With nearly $8 billion in TVL, EigenLayer aims to extend Ethereum's cryptoeconomic security to new projects, allowing users to earn yield by restaking ETH. Despite skepticism, a16z's investment underscores belief in EigenLayer's impact on DeFi.
TWIW3 Product of the Week ⚡️
KudoBox - Receive with Ease, Create with Freedom
KudoBox revolutionizes online transactions for digital creators. Accept crypto payments and donations directly on your website, bypassing middlemen and fees. Customize your embed for seamless blockchain transactions.
Want to showcase your product, campaign, or event to our 33K+ readers? Fill out this form and tell us all about it. 👇
TWIW3 Jobs 👩💻
Put your learning to work, upskill, and join discussions that will help you level up!
Technical Project Manager 🚀 CSGOEmpire
Product Marketing Manager 🤩 CoinTracker
Smart Contract Engineer 🛠 UMA Protocol
TWIW3 Pecks 🐦
Let’s get into Posty’s fresh pecks from the world of web3!
🇯🇵 Japan Embraces Web3 Revolution: METI Greenlights Local VCs for Crypto Investments
In a groundbreaking move, Japan's Ministry of Economy, Trade and Industry (METI) approves legislation allowing domestic investment firms to acquire and hold crypto assets, boosting Web3 startups.
🦧 Yuga Labs Unveils Web3 Masterstroke: Acquires Proof Digital Art Platform for Otherside Metaverse Yuga Labs, creator of Bored Ape Yacht Club, adds Proof to its arsenal, integrating Moonbirds and more into Otherside metaverse, amplifying its commitment to Web3 art and community.
🇸🇦 Saudi Arabia Redefines Culture: Unveils World's First 'National Cultural Metaverse Saudi Ministry of Culture pioneers a revolutionary metaverse, merging tradition with innovation. Virtual reality history walks, live events, and inclusivity make it a groundbreaking digital experience for all.
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