Venture Trotter Weekly Review: Week Ending 2/10/23

Ruceto tracked over $180 million in institutional investments into crypto or web3 companies last week. Links to the target company website, investment announcement, and token info are provided via hyperlinks on the Target Name, $ Raised, and Token columns respectively.

Target Name $ Raised Lead Investors Description Token
Share sale to undisclosed accredited investors
Loans backed by crypto
Foundation Capital
Technology to prevent & protect against theft, fraud & loss of crypto assets
Standard Crypto
Creating Dimensionals, a web3 collectible character game
Polychain Capital and dao5
Building a universal name service network that connects decentralized identities
ParaFi Capital
Blockchain data analytics company
Quiet Capital
A simple and global superwallet to buy USD and earn high yield (exclusive launch offer is a yield of 8%)
Big Brain Holdings, Stratos and others
A network of easily deployable modular blockchains called RollApps
Bitkraft, Fabric Ventures
Reward members with blockchain-compatible digital collectibles for loyalty behavior such as newsletter signup, dancing on TikTok, or attending an event
Blockchange Ventures, Decasonic
Building a decentralized streaming network
Two Sigma Ventures
A self-custodial exchange
CMCC Global
Platform for developers and game studios to create web3 games
Wing Venture Capital, Patron
Marketing platform for web3
Placeholder VC
Web3 music platform with digital music collectibles
Safety products for self-custody wallets
Play Ventures, Agnitio Capital
Web3 battle royale game developer
Aptos Labs
web3 TikTok rival

Ajuna is a decentralized platform for developers to create web3 games on Unity and Unreal. The token with an anticipated Q2 2023 release date that will power Ajuna on Polkadot is AJUN. While AJUN will be used for larger commercial game releases, BAJU is utilized to test new updates and features on the Kusama blockchain before those features are released on Polkadot.

Chingari is an on-chain web3 social media app for short videos, and has over 5 million daily active users and over 40 million monthly average users. The platform uses a model of “engage-to-earn” to enable influencers to monetize their work and earn GARI tokens via tips, ad revenue, or sales of digital goods (courses or NFTs). GARI is also used for governance. Following their latest strategic investment, Aptos will be the preferred L1 blockchain for Chingari.

Salt Lending allows borrowers to access cash via loans backed by their own crypto. Holding the SALT token is not necessary to use the platform, but it can be used to pay fees and interest, and it can be treated as collateral to back loans.

What’s happening at Ruceto

Ruceto is democratizing Crypto and Web3 research by giving you the opportunity to earn cash bounties for writing reports. Join our Discord to learn about how you can get paid for your insight, or how you can join and follow a community of experts.


Want this info dropped into your inbox every week for free? Subscribe here keep your finger on the pulse for the latest VC activity in the crypto space.


Disclaimer: The content presented is for informational purposes only and does not constitute financial, investment, tax, legal, or professional advice. The content is provided ‘as is’ without any representations or warranties, express or implied.

Scroll to Top