In 2021 IOSG invested in Illuvium — an auto-battler game part of a metaverse created by the Warwick brothers. The NFT based game has a gripping storyline, character development, high quality art and DeFi components like marketplaces, trading, power-ups and betting (read: Leviathan Arena). NFT collectibles, crypto games and social currencies have been at the forefront of crypto in the last few months. Gaming metaverses are just one of the key directions for crypto and Web3.0 movement to re-def...

In 2021 IOSG invested in Illuvium — an auto-battler game part of a metaverse created by the Warwick brothers. The NFT based game has a gripping storyline, character development, high quality art and DeFi components like marketplaces, trading, power-ups and betting (read: Leviathan Arena). NFT collectibles, crypto games and social currencies have been at the forefront of crypto in the last few months. Gaming metaverses are just one of the key directions for crypto and Web3.0 movement to re-def...

Written by Amidzic MomirPerpetuals AMM ComparisonAccording to tokeninsight.com, in 2020 the trading volume for cryptocurrency spot, futures, and options trading reached 21 trillion, 12 trillion, and 77.2 billion US dollars respectively. Despite the spot market is still the largest, over recent years we see a trend of derivatives closing the gap and it is expected that as in traditional finance, derivatives would eventually become several times larger relative to the spot market.Source: CoinGe...

Written by Amidzic MomirPerpetuals AMM ComparisonAccording to tokeninsight.com, in 2020 the trading volume for cryptocurrency spot, futures, and options trading reached 21 trillion, 12 trillion, and 77.2 billion US dollars respectively. Despite the spot market is still the largest, over recent years we see a trend of derivatives closing the gap and it is expected that as in traditional finance, derivatives would eventually become several times larger relative to the spot market.Source: CoinGe...

Using scaling to address Ethereum congestion is undoubtedly helpful for larger adoption. As we all know, expensive on-chain transactions and spiked user experience are reasons why Ethereum network urges for scaling. Optimistic Rollup and ZK Rollup are two prominent Layer2 solutions. Optimistic Rollup is EVM-compatible with low technical cost, while ZK Rollup has shorter withdrawal duration and lower on-chain computing cost. zkSync, as a EVM-compatible ZK Rollup, is showing robust momentum. Th...

Using scaling to address Ethereum congestion is undoubtedly helpful for larger adoption. As we all know, expensive on-chain transactions and spiked user experience are reasons why Ethereum network urges for scaling. Optimistic Rollup and ZK Rollup are two prominent Layer2 solutions. Optimistic Rollup is EVM-compatible with low technical cost, while ZK Rollup has shorter withdrawal duration and lower on-chain computing cost. zkSync, as a EVM-compatible ZK Rollup, is showing robust momentum. Th...

Runtime Verification is a global leader in software security for the blockchain industry and beyond. The team has developed some of the most advanced and commercially viable formal verification technology and is actively using this technology to raise the safety standard for smart contract systems.We at IOSG Ventures are thrilled to be leading Runtime Verification’s first fundraising since its establishment in 2010. We will be actively participating in Runtime Verification’s path towards univ...

Runtime Verification is a global leader in software security for the blockchain industry and beyond. The team has developed some of the most advanced and commercially viable formal verification technology and is actively using this technology to raise the safety standard for smart contract systems.We at IOSG Ventures are thrilled to be leading Runtime Verification’s first fundraising since its establishment in 2010. We will be actively participating in Runtime Verification’s path towards univ...

We at IOSG Ventures are delighted to be leading Interlay’s $3 mm seed fundraising round. As a research-driven investor, we hope to contribute to Interlay’s mission that is to create an efficient, trustless, and secure for inter-blockchain communication. Interlay is founded by Alexei Zamyatin and Dominik Harz. As a part of their academic research, they introduced the XCLAIM protocol in 2018 — a framework to facilitate the transfer of digital assets with no financial risk. XCLAIM is an open sys...

We at IOSG Ventures are delighted to be leading Interlay’s $3 mm seed fundraising round. As a research-driven investor, we hope to contribute to Interlay’s mission that is to create an efficient, trustless, and secure for inter-blockchain communication. Interlay is founded by Alexei Zamyatin and Dominik Harz. As a part of their academic research, they introduced the XCLAIM protocol in 2018 — a framework to facilitate the transfer of digital assets with no financial risk. XCLAIM is an open sys...

Using scaling to address Ethereum congestion is undoubtedly helpful for larger adoption. As we all know, expensive on-chain transactions and spiked user experience are reasons why Ethereum network urges for scaling. Optimistic Rollup and ZK Rollup are two prominent Layer2 solutions. Optimistic Rollup is EVM-compatible with low technical cost, while ZK Rollup has shorter withdrawal duration and lower on-chain computing cost. zkSync, as a EVM-compatible ZK Rollup, is showing robust momentum.Our...

Using scaling to address Ethereum congestion is undoubtedly helpful for larger adoption. As we all know, expensive on-chain transactions and spiked user experience are reasons why Ethereum network urges for scaling. Optimistic Rollup and ZK Rollup are two prominent Layer2 solutions. Optimistic Rollup is EVM-compatible with low technical cost, while ZK Rollup has shorter withdrawal duration and lower on-chain computing cost. zkSync, as a EVM-compatible ZK Rollup, is showing robust momentum.Our...

Defi aims to improve financial activity with its composability and permissionless nature. Ideally it should get mass adoption but in fact it is turning into a whales’ game due to the high gas fee on Ethereum. A transaction interacting with the DeFi protocol usually costs $50 -$200, which keeps small-fish users away and becomes a roadblock for Defi to reach its next 10M users. To address this problem, leading Defi protocols are looking for their way out by deploying and moving to Layer2s. Synt...

Defi aims to improve financial activity with its composability and permissionless nature. Ideally it should get mass adoption but in fact it is turning into a whales’ game due to the high gas fee on Ethereum. A transaction interacting with the DeFi protocol usually costs $50 -$200, which keeps small-fish users away and becomes a roadblock for Defi to reach its next 10M users. To address this problem, leading Defi protocols are looking for their way out by deploying and moving to Layer2s. Synt...

The global Layer2 Hackathon organized by IOSG Ventures and Chainlink in Shanghai came to a perfect end on August 1. We would love to thank you all for your support and interest in this hackathon and your passion for contributing to layer2 scaling progress. Check out the recordings of the demo and photos of the event. In the future, IOSG Kickstarter will keep supporting developers and early-stage project teams to contribute to the blockchain ecosystem worldwide and discover more innovations in...

The global Layer2 Hackathon organized by IOSG Ventures and Chainlink in Shanghai came to a perfect end on August 1. We would love to thank you all for your support and interest in this hackathon and your passion for contributing to layer2 scaling progress. Check out the recordings of the demo and photos of the event. In the future, IOSG Kickstarter will keep supporting developers and early-stage project teams to contribute to the blockchain ecosystem worldwide and discover more innovations in...

Thanks for the support from our friends Dong Mo, Deniz Omer, Marvin, and Pan Zhixiong.IOSG wishes you a happy new year! 🧨 🎈 🎉As the Covid-19 virus spreads around the world, the U.S. stock market experienced a historical meltdown in March: 2020 witnessed multiple black swan events. As an observer in crypto investing, IOSG Ventures navigates the crypto space, explores breakthroughs, seeks opportunities in challenges and risks. Looking back into 2020, IOSG has built a diversified portfolio. S...

Thanks for the support from our friends Dong Mo, Deniz Omer, Marvin, and Pan Zhixiong.IOSG wishes you a happy new year! 🧨 🎈 🎉As the Covid-19 virus spreads around the world, the U.S. stock market experienced a historical meltdown in March: 2020 witnessed multiple black swan events. As an observer in crypto investing, IOSG Ventures navigates the crypto space, explores breakthroughs, seeks opportunities in challenges and risks. Looking back into 2020, IOSG has built a diversified portfolio. S...

Ray Xiao, IOSG Ventures, Great thanks for John Wu providing advice1. Background1.1 Stablecoin Market CapDecentralized & centralized collateralized stablecoins are dominating the stablecoin market, while algorithmic stablecoins still are niche products, with about 1% market share.1.2 Industry Demand: Why Do We Need Algorithmic Stablecoins?Collateralized stablecoin is the most natural and simple model that can peg to target price and it has been tested by the market. So is there still a demand ...

Ray Xiao, IOSG Ventures, Great thanks for John Wu providing advice1. Background1.1 Stablecoin Market CapDecentralized & centralized collateralized stablecoins are dominating the stablecoin market, while algorithmic stablecoins still are niche products, with about 1% market share.1.2 Industry Demand: Why Do We Need Algorithmic Stablecoins?Collateralized stablecoin is the most natural and simple model that can peg to target price and it has been tested by the market. So is there still a demand ...

Following the success of the Layer2 Global Hackathon organized by IOSG Ventures and Chainlink in Shanghai in early August, some of the overseas bounty providers also selected their ecological bounty winners. Till today, IOSG Ventures, Chainlink, Polygon, Aurora, The Graph, Synthetix, and MCDEX have each confirmed their specific winning teams and awarded a total of $75,500, which made the total amount of award of this event reach $141,500! Congratulations to the winners! 🎉 🎉 🎉 First of all,...

Following the success of the Layer2 Global Hackathon organized by IOSG Ventures and Chainlink in Shanghai in early August, some of the overseas bounty providers also selected their ecological bounty winners. Till today, IOSG Ventures, Chainlink, Polygon, Aurora, The Graph, Synthetix, and MCDEX have each confirmed their specific winning teams and awarded a total of $75,500, which made the total amount of award of this event reach $141,500! Congratulations to the winners! 🎉 🎉 🎉 First of all,...

Author: Momir Amidzic (IOSG Ventures) Acknowledgments:Thanks to Xinshu Dong (IOSG), Yenwen Feng (Perpetual Protocol), Liu Jie (MCDEX), and the SynFutures team for providing valuable feedback. Early on, many believed DEXes would stand no chance against CEX giants in terms of cryptocurrency trading. How in the world could simple constant product AMM replace the likes of Binance and Coinbase. Moreover, DEX is so expensive to use. Doomed to failure, right? Wrong. Fast forward two years, DEXes are...

Author: Momir Amidzic (IOSG Ventures) Acknowledgments:Thanks to Xinshu Dong (IOSG), Yenwen Feng (Perpetual Protocol), Liu Jie (MCDEX), and the SynFutures team for providing valuable feedback. Early on, many believed DEXes would stand no chance against CEX giants in terms of cryptocurrency trading. How in the world could simple constant product AMM replace the likes of Binance and Coinbase. Moreover, DEX is so expensive to use. Doomed to failure, right? Wrong. Fast forward two years, DEXes are...