1/ We are elated to share with the world our thesis that talks about our vision, mission, ideas and research. We see 3 megatrends that will shape the future of our civilisation - Convergence, Financialisation and Virtualisation. Read more -
#1
@ElrondNetwork
is, as some would say, a dark horse in the
#blockchain
world and will bring in billions of users to their ecosystem, making them one of the top 3 (or the top)
#layer
-1 platforms in this decade.
#1
@ElrondNetwork
is, as some would say, a dark horse in the
#blockchain
world and will bring in billions of users to their ecosystem, making them one of the top 3 (or the top)
#layer
-1 platforms in this decade.
We push the boundaries. We learn along the along. And we are not afraid to reflect on the lessons that come along the way.
@ElrondNetwork
$EGLD was the first investment we made & we couldn’t have been more proud of the team we backed. Miles to go before we rest
@beniaminmincu
🙌🏻
1/ The RIDE listing has been a painful and instructive lesson.
Very difficult and heartfelt.
But as many times before, we will find a way to solve things, and see the light again.
All focus has been on carefully investigating what happened, and defining important next steps.
#14
Elrond is focused on solving the right problems to drive mass global adoption. We’re proud to be partners in their mission by investing in the ecosystem and running a validator node on the network. Link:
#2
Last 3-4 yrs saw incredible research & efforts to design new technical architectures &
#consensus
algorithms, enabling scalable, secure, decentralized, interoperable
#layer1
platforms. Blockchains alongside
#Ethereum
are finding product-market fit due to these innovations.
#10
After
#Eth
2.0, Elrond has the most validators (3200) on the chain, 3x more than
#Solana
and 12x more than
#Polkadot
– 2 leading Layer 1’s with highest market caps.
#3
But as blockchain applications progress to mass global adoption, one big hurdle is yet to be addressed – User Experience/UX. While others fixate on incentives, Elrond is preparing to take blockchain from niche to mass adoption. With this aim, Elrond has built
#Maiar
.
Terra Virtua is on the edge of the J curve of adoption.
Here is an abridged version of our investment thesis in
@terra_virtua
$TVK from 6 months ago when
#NFTs
were just getting started:
#9
Thus, throughput increases by parallelizing transactions. Similarly, if few validators leave the network, no. of shards decreases. Result? Elrond achieved speeds peaking @ 260,000 TPS on testnet (150x higher than Visa Payment Network) w/o compromising on decentralization.
#4
@getMaiar
unveils & simplifies
#DeFi
. Launched in Feb ’21, Maiar has already locked more than 500K users today. How did it get here?
Easy
#signup
- users can sign up using their phone numbers, which is familiar & superior to other blockchain applications.
#11
Elrond also has a 300k+ strong
#community
online. Regular
#AMAs
& open discussions have fostered strong growth. Plus, any app launched is community-owned. Elrond also hosts trading competitions & stress-tests for active engagement & rewards.
#12
Elrond’s token model captures strong value for the community.
#Inflation
is replaced with transaction fees for validator incentivization as wide-scale adoption begins. While other PoS networks have infinite issuance, Elrond’s theoretical supply is capped at 31.4mn EGLD.
#6
Native
#meta
-transactions – are leveraged for smooth UX. Users can transact w/o owning cryptocurrencies for gas fee payments. Herotags can be claimed to associate complex blockchain addresses with simple usernames & send/receive payments w/o phone nos.
#5
Intuitive
#Interface
– enables easy navigation. Users can access contacts & invite friends. Sending money to them is as easy as messaging. Maiar also has seamless integrations with on & off
#ramps
, so users can move between digital assets & fiat currency.
#7
#Transparency
&
#decentralization
– Maiar doesn’t compromise on blockchain foundations. Wallets are
#non
-custodial & users have full control of their money. Also, transactions are transparent and decentralized. Thus, it can’t deny financial services to any user.
#8
Elrond innovated its platform using its novel
#Proof
-of-Stake consensus, to enable internet-scale blockchain tech. It shards the blockchain as a binary tree, adapting to no. of validators. If the number reaches a specified limit, a new shard is generated.
We never tweet about one of our portfolio companies ever in a way we have about
@ElrondNetwork
the only reason we do that is because of their sheer focus and love about $egld community..
Their love and importance to the Elrond community is unparalleled.. and that resonates with our ethos about what web3 is all about.. we all win together or we don’t.
$TREAT fits the narrative of building infra on top of a loyal community, flipping the usual narrative of building tech to attract a community.
Excited to see
@ShytoshiKusama
,
@kaaldhairya
and $Shib team explore this.
Our newsletter on memecoins here -
1/ Today’s a HUGE day for us,
#SHIBARMY
! 🚀
We’re thrilled to announce that we’ve secured a monumental $12M from strategic VC partners led by
@cypher_capital
to unleash our next-gen Fully Homomorphic Encryption (FHE) blockchain via $TREAT — the final non-stable token in the
We asked Elrond team so am here times why don’t you market Elrond more when you have such a big reach.. the answer we always got was we don’t care about the reach.. our community should never lose money when they are with us.
We are excited to share our thesis on
@Covalent_HQ
.
This is a deep dive into the sector, the company, and the future of the Web 3 data layer, to highlight why we led their first private fundraise round last year along with
@1kxnetwork
and
@mechanismcap
1/7
1/
@itheum
provides a complete end-to-end solution for the data economies of the world and consists of an extensive set of tools to bridge Web 2.0 data into a Web 3.0 economy. Read more -
Elrond <> Ethereum Bridge is live! Significant amount of value unlock for Dapps to leverage low cost - high speed transactions in a battle tested ecosystem!
@ElrondNetwork
superwave is coming 💯💯
@beniaminmincu
@lucianmincu
“It’s not enough to have this network built, it’s super important that it becomes accessible to anyone anywhere in the world.” -
@beniaminmincu
Brilliant profile on
@ElrondNetwork
by
@decryptmedia
-
@Nils_Wollny
and team
@holoride
are building to turn vehicles into moving theme parks and revolutionize in-car entertainment and we believe it is one of the top projects building on
@ElrondNetwork
!
Here is our investment thesis on holoride:
1/ Today, we are excited to announce our investment in
@NEARProtocol
in their vision to empower people to invent and explore new opportunities in business, creativity, and community to build a more sustainable future.
#NEAR
We are thrilled to announce our partnership with
@ElrondNetwork
- furthering our multichain strategy of embracing multiple chains for our
#NFTs
and building use cases with new, engaged communities!
#NFT
#digitalcollectibles
$TVK
More here 👉
(1/n) We're pumped to present our
@biconomy
Investment thesis 🚀
Our journey with the team through the bears and the bulls, experience with the product, and other insights into one of the fastest-growing Web3 projects 👇👇
1/ 🌐 Exploring the Covalent Network 🌐
Introducing, the Covalent Network Docs 💥
What you can expect: 🤓
- Information about how the Covalent Network will work
- Network Operator roles
- CQT and its utility
- Guides
- ... and much more.
1/ Great to witness the
@Covalent_HQ
decentralized network launch today as we form part of the initial set of operators to run the network. It has been a great journey for both our teams and today marks the start of the next chapter.
#web3
#data
#Decentralization
Woodstock Validator node update: We have switched to a new node for
@BandProtocol
:
We will be shutting down our old node soon. If you had delegated to our node previously, kindly redelegate your Band tokens to the new node.
Web 1.0 = Read
Web 2.0 = Write
Web3 = Own
Introducing Metabonding - the ultimate community bootstraping product for Web3 startups.🔥
Stake EGLD and LKMEX, and own part of the Elrond ecosystem.
Excited to back the
@SNACKCLUBgg
in their vision to build a gaming guild focusing on Latin American users, and gamers and providing them with an opportunity to participate in the P2E economy. In addition, Snack Club will also invest in P2E games, NFT assets, and game tokens!
#1
We are excited to back
@Holoride
and their vision to turn cars into theme parks. Through extended reality (
#XR
), personalized NFT items, location & motion-aware content, they aim to build a
#metaverse
of in-car experiences.
NFTs are not restricted to a group of enthusiasts in the cryptosphere. It has pervaded several mainstream brands and many more to come.
Find out why and more in our latest research paper on NFTs -
1/ We have been on a long journey with
@Covalent_HQ
ever since we spoke to the team for the first time in 2020. We have penned down our thoughts on why we are excited about Covalent -
Terra Virtua is on the edge of the J curve of adoption.
Here is an abridged version of our investment thesis in
@terra_virtua
$TVK from 6 months ago when
#NFTs
were just getting started:
The data opportunity in the DLT space is truly exciting and we’re excited to back the
@unmarshal
team in their endeavour to index the blockchain world!
$MARSH
Super stoked to see
@Covalent_HQ
integrate
@BuildOnBase
from Day 1! This enables covalent access fresh data pool via Base and expand their coverage even further and lead the way forward.
1/🚨 BREAKING NEWS 🚨
🔵 We're excited to announce that the Covalent
#UnifiedAPI
will be integrating with
@BuildOnBase
, a new Ethereum L2 incubated by Coinbase and built on the open-source OP Stack by
@OptimismFND
! ✨🔴_🔴✨
Learn more about the integration ⬇️⬇️
Technology, it's use case and the team's persistence always wins at the end..
@BandProtocol
is one of the most diligent and hard working teams we can come across in this space.. dive into the importance of decentralised oracles here.. $band
#bandprotocol
It is always amazing to interact and catchup with
@lucianmincu
and entire
@ElrondNetwork
team! 💫💫
Lot of exciting things to come in the future for Elrond Ecosystem!
We had a lot of fun getting together with our early partners and friends from
@Woodstockfund
who themselves hosted a great event and as always spared no opportunity to open new doors and introduce new people to the
@ElrondNetwork
ecosystem they so strongly advocate for. 🙏
1/ The most common design approach for bridging chains involves the use of dedicated chains as bridges.
Instead of implementing a 1-1 bridge for every connection,
@routerprotocol
generalizes the process of plugging in new chains.
Let’s explore
@routerprotocol
in this report. 🧵
1/8 holoride is live! 🔥
After more than 3 years of working on our product, we official release holoride to the world 🌎
At holoride, we are building the in-vehicle experience platform of the future, and finally, passengers can experience it!
In a conversation with YourStory, our Founding Partners share their Woodstock journey and how they went about identifying high potential early and growth stage DLT starts ups.
Their "5-T matrix" to evaluate startups to invest in:
- Team
- Technology
- Traction
- Timing
- Total Addressable Market
At
@Woodstockfund
,
@pransharma
&
@megadethcrypto
invest in ambitious, early & growth stage
#blockchain
startups. Here's more -
DeFi protocol
@UniLend_Finance
has recently closed the seed and private sale funding rounds of their native $UFT governance token after quickly reaching both hard caps, totaling $3.1 million.
Set a reminder for our upcoming twitter spaces - Office Hours with Woodstock's Tech Team on "Bridges and their role in Interoperability"
We will also have
@routerprotocol
join us for the session!
Router is enabling lightning fast cross-chain transactions at a fraction of cost compared to other interoperability protocols and with the launch of their chain, it only gets more decentralized. Excited for the next phase of Router Protocol!
We’re excited to unveil our oversubscribed strategic funding round, with participation from prominent crypto angels and VCs.
The primary objective of this round is to expand Router’s cap table with strategic investors aligned with Router Chain.
1/ We are excited to lead and make a follow-on investment in Mintbase and support
@nategeier
and
@CarolinWend
in their vision of enabling users to build their own minter, market, and NFT redeeming systems.
1/ We are stoked to support
@ThisisMarkPaul
@onepraveenpaul
and the entire
@Itheum
team on this journey. Itheum is a decentralized data brokerage platform that transforms personal data into a highly tradable asset class.
We are elated on the launch of
@ArcanaNetwork
Ambassador Program! Refer web3 projects to Arcana Auth and get rewarded. Great initiative
@mayurrelekar
and team Arcana 👍
🚨⚡️Introducing the Arcana Network Ambassador Program⚡🚨
Refer new Web3 customers/projects to Arcana Auth and get rewarded!
Win up to 1000 $XAR for every successful integration
Learn more here:
#ArcanaNetwork
#ReferralProgram
Great seeing a coming together with
@gane5h
@gbracey
@ruanthchrisley
@lukestokes
and our very own Ishita Srivastava from our investment team in a rich conversation around NFTs!
Link in the tweet thread below 👇
LIVE with our 🌟-studded panel from
#NFT
space 👩🎤
Moderated by a BAFTA & Oscar-nominated artist
@ruanthchrisley
, this is a 'DO-NOT-MISS-THIS' panel with gamers, researchers, & analysts.
Ready to Demystify NFTs from this diverse panel? Join now:
(1/4) Layer-2 solutions (L2s) have been the talk of the town, and have seen massive growth in users, transactions (txns), and network utilisation in
@0xPolygon
,
@arbitrum
,
@optimismPBC
, and more. Thus, we decided to talk about L2s in our latest article:
#NFTs
backed by real world assets are a strong use case to take the
#DeFi
ecosystem forward. We are pleased to back the
@PersistenceOne
team to build these bridges.
1/ Persistence raises $3.7M from industry heavyweights to bridge traditional finance and
#DeFi
via NFTs🥂
Our mission to bring real-world assets to DeFi has attracted the support of a plethora of industry heavyweights.
🌐Read more:
Arcana folks have been a super hard working, laser focused team working to solve the Web3 UX pain points for the last 3+ years. Best wishes to the
@ArcanaNetwork
team on their upcoming launch tomorrow. Big day 🚀🎉
The time is FINALLY here! 🔥
Arcana $XAR is launching on
@Bybit_Official
and
@Gate_io
, on April 3rd after 8AM UTC!
We’d like to celebrate ahead of this crucial milestone by thanking our investors, community, customers and partners.
A world with better Web3 UX 🤝
1/ We are excited to back
@CryptoMan_Ram
,
@cchoudury
,
@priyeshugarg
, and the entire team in building
@routerprotocol
.
As a multi-blockchain future becomes a reality, there is a critical need for infrastructure that can port liquidity across chains for the ecosystem to develop.
1/ The most common design approach for bridging chains involves the use of dedicated chains as bridges.
Instead of implementing a 1-1 bridge for every connection,
@routerprotocol
generalizes the process of plugging in new chains.
Let’s explore
@routerprotocol
in this report. 🧵
Blockchain by nature is a chain structure that is append-only in nature. Each chain extends by millions of blocks over years increasing minimum node requirements for clients and thus making it difficult to initiate the initial sync. Read in detail -
Kicking off our podcast series Team, Tech and Talks today. In Ep. 1, we discuss about 'Why smart contracts need data oracles?' and how
@BandProtocol
is tackling the problem With
@SSrinawakoon
#bandprotocol
Spotify:
Buzzsprout:
🚨 BREAKING NEWS: App chains!
We’re officially the first blockchain data provider to index app chains! 1️⃣ 🛠
Thrilled to push the integration with two of the top
@avalancheavax
subnets:
@DefiKingdoms
&
@swimmer_network
. 💥
#UnifiedAPI
More on the thread ⬇️ ⬇️ ⬇️
1/ Sandeep & team have my respect for the hardcore effort and energy put into
@maticnetwork
Problem is it has become too easy to attack & spread FUD about a project, without supporting consequences
Strong perverse incentive allowing this, compounded by possibility of shorting
1/ We are excited to back
@chisaid
and the entire amazing team at
@TheMARAverse
! They are building to capture a large part of the African market and onboard millions of users into the digital asset ecosystem.
#Africa
#web3
#Adoption
Catch Pranav Sharma (
@pransharma
), General Partner,
@Woodstockfund
speak at
@token2049
on "Money & Web 3.0" alongside industry experts -
Wei Jie, Chan – Digital Assets Lead of
@PwC
, Singapore
Anutosh Banerjee – Partner at
@McKinsey
Vinoy Kumar - Global Head Digital Assets of SCB
@Covalent_HQ
has built a protocol that standardizes data from 26 blockchains, and its Unified API allows builders to reuse queries across its supported networks. We are proud to be the lead investor in a project that is on track to become the Google of
#Web3
!
@gane5h
@twobitidiot
1/ As crypto continues to grow and gain cross-functionality, standardized data across these different chains become less accessible.
@Covalent_HQ
has answered the call by creating a "Unified API". 🧵
Good morning to everyone except those who still haven’t read our investment thesis on
@terra_virtua
$tvk jk good morning and a great weekend to everyone!
Terra Virtua is on the edge of the J curve of adoption.
Here is an abridged version of our investment thesis in
@terra_virtua
$TVK from 6 months ago when
#NFTs
were just getting started:
We are ecstatic to partner with
@YourStoryCo
for The Metaverse Summit 2022! There will be a slew of interesting speakers, panel discussions, blockchain meet-ups, innovation contests, and hackathons!
Learn more -
#IndiaStory
#web3
#innovation
1/ DAOs offer us mechanisms to establish coordination on a global scale. Now a group of like-minded individuals can come together to achieve great goals through a shared treasury and decision making.
Author -
@DaftaryNeel
, Research Lead, Woodstock
#web3
What started as a small movement in late 2018 has grown to capture more than a billion dollars in value. In our research, we track the growth of finance from analog to digital age, and how
#DeFi
enables permissionless innovation..
#Blockchain
#Crypto
1/ We are extremely excited to back
@anujkodam
,
@Amarnathjv
and their vision for
@walldotapp
.
Wall’s mission is to bring
#NFTs
to mainstream adoption, help creators grow into entrepreneurs, and enable
#Web3
and
#NFT
tooling for businesses.
They stand out as a potential market leader in the sector, with high traction numbers, strong partnerships, and a diverse customer base. Over 100 projects are building on Covalent today!
6/7
We will have Prashanth Swaminathan (
@prash_speaks
) at the
@theindiagdc
- India Game Developer Conference in Hyderabad on 3rd Nov 2022. If you are at the conference, contact us or leave a comment.
1/
@prash_speaks
- Partner & Head of Institutional Business @
#WoodstockFund
on
'How to Value the
#DigitalAsset
Industry'
🌐 determining
#Network
value
💰
#Cash
flow analysis
📈 Predicting the adoption curve
⚖️ Comparing traction among projects innovating with digital assets