Segment: DeFi / Business Model: B2B / Stage: Seed
https://www.genesisvolatility.io/
Purpose: Find edge and capture alpha in crypto options
Problem: Crypto is very volatile and there are so many tokens to throw money at, but finding the best investment can be difficult
Solution: Crypto options analytics platform that identifes opportunities and manages risks to formulate better trading decisions
Team:
Greg Magadini - Co-founder and CEO
Patrick Doyle - Co-founder and President
Daniel Durante - CTO
Traction:
Funding: Raised a $3M seed round from Delphi Digital, Quantum Leaps Capital Partners, Profluent Trading, RSE Ventures and Nascent Ventures
Product: Built by traders for traders, $79/month for a UI and $899/month for an API. Both pulling in live and historical data and loops in DeFi data too
Positive Signals:
Team: Greg was a trader for 8 years before starting Genesis Volatility
Investors: Lead investors being Delphi is a big positive signal, strong alignment for investor-product fit
Traction: Built a strong list of partners (Bitcom, Deribit, Ledger X, Opyn, Paradigm) and will use seed round funding to further this integration
Market: Intitutional investors are still on the rise and more money likely to continue flowing into this space, as with all crypto this is early!
Risks:
Traction: No real information on growth and how many customers they are able to capture - this will be one to follow
Moat: Unsure what make them defensible, will it be to win as many deals early and get API integration, but thatβs probably not the best moat. Will it be additional features they add that makes it easy for traders to made decision
