Hi, I’m Paul Veradittakit, a Partner at Pantera Capital. I share my thoughts on what’s going on in the crypto in this weekly newsletter.
Rarimo: X-Chain NFT Protocol
Rarimo is an interoperability protocol making assets, identities, and dApps multi-chain. One of the key features distinguishing them from all other interoperability bridges is their focus on decentralized identities and social. By making metadata retrievable, and by replicating credentials, Rarimo enables Soulbound Tokens (SBTs), NFTs, and other components of on-chain identity to seamlessly travel across chains. Accordingly, we believe that they are well-positioned to bring interoperability t...
Rarimo: X-Chain NFT Protocol
Rarimo is an interoperability protocol making assets, identities, and dApps multi-chain. One of the key features distinguishing them from all other interoperability bridges is their focus on decentralized identities and social. By making metadata retrievable, and by replicating credentials, Rarimo enables Soulbound Tokens (SBTs), NFTs, and other components of on-chain identity to seamlessly travel across chains. Accordingly, we believe that they are well-positioned to bring interoperability t...
MEV
MEV (Maximal Extractable Value) is a concept that has gained a lot of attention in the cryptocurrency world lately. As blockchain technology has evolved, it has become clear that the order of transactions matters significantly, and the order can be manipulated to extract value from the system.MEV refers to the total value that miners or validators can extract from a blockchain beyond their normal fees. MEV is created by the order in which transactions are included in a block. When a transacti...
MEV
MEV (Maximal Extractable Value) is a concept that has gained a lot of attention in the cryptocurrency world lately. As blockchain technology has evolved, it has become clear that the order of transactions matters significantly, and the order can be manipulated to extract value from the system.MEV refers to the total value that miners or validators can extract from a blockchain beyond their normal fees. MEV is created by the order in which transactions are included in a block. When a transacti...
nxyz: Web3 Indexing
Web3 indexing Blockchain technology offers a solution for transparent and decentralized data storage. Information stored on-chain is open, permissionless, and backed by its immutable nature that provides data trust and integrity. While on-chain data is available for everyone to verify and utilize, it is expensive to derive semantic meaning in a reliable and efficient manner. Blockchains are distributed ledgers; data needs to be indexed to serve the needs of applications. As the explosion in w...
nxyz: Web3 Indexing
Web3 indexing Blockchain technology offers a solution for transparent and decentralized data storage. Information stored on-chain is open, permissionless, and backed by its immutable nature that provides data trust and integrity. While on-chain data is available for everyone to verify and utilize, it is expensive to derive semantic meaning in a reliable and efficient manner. Blockchains are distributed ledgers; data needs to be indexed to serve the needs of applications. As the explosion in w...
Arpeggi: Decentralized Music Creation
Arpeggi Labs is an open-source, web3-enabled music platform that allows users to co-create music through permissionless sampling and remixing. The company just raised a $5.1M seed round led by a16z crypto with participation from music giants active in the crypto space like Steve Aoki and Justin Blau. Problem space Traditionally, the only way to really “make it” as a musician was to sign with a major record label. Unfortunately, the web2 music industry is rife with problems:Creators are exploi...
Arpeggi: Decentralized Music Creation
Arpeggi Labs is an open-source, web3-enabled music platform that allows users to co-create music through permissionless sampling and remixing. The company just raised a $5.1M seed round led by a16z crypto with participation from music giants active in the crypto space like Steve Aoki and Justin Blau. Problem space Traditionally, the only way to really “make it” as a musician was to sign with a major record label. Unfortunately, the web2 music industry is rife with problems:Creators are exploi...
CreatorDAO: Community for Creators
CreatorDAO is a community of artists, creators, and designers who simultaneously produce amazing content and invest in one another. CreatorDAO’s $20M seed round was led by a16z crypto and Initialized Capital. In recent months, venture has shown an increasing appetite for investing directly into creators and the content they produce. Jellysmack, a creator content solutions platform, recently raised from Softbank at a $1B valuation. Spotter also recently raised $200M from Softbank to help creat...
CreatorDAO: Community for Creators
CreatorDAO is a community of artists, creators, and designers who simultaneously produce amazing content and invest in one another. CreatorDAO’s $20M seed round was led by a16z crypto and Initialized Capital. In recent months, venture has shown an increasing appetite for investing directly into creators and the content they produce. Jellysmack, a creator content solutions platform, recently raised from Softbank at a $1B valuation. Spotter also recently raised $200M from Softbank to help creat...
