GCR Friends

*Dear GCR Friends,*

Please find the latest list of all active deals at GCR for the week in Sept! 

***We’ve decided to sunset this newsletter for GCR friends, if you are interested in becoming a member and joining our Discord, please reply directly to this email and we’ll give you a complimentary 3 months gold membership, worth of 700 GCR tokens.***

As you may recall, GCR is an investment DAO syndicate with a focus on Seed - Series A emerging technology companies in Web3 and crypto.

Since 2020, we’ve deployed $40M+ of capital into 55 companies w/ several fantastic exits and a MOIC of 10x on our liquid portfolio.

Here's our Q2 investment review: <https://globalcoinresearch.com/2022/07/06/gcr-investment-review-second-quarter-2022/>.

\
**__How We Operate__**

We are a community of \~6500 members strong on Discord. Our members source, diligence and invest together through SPVs.

For each of these deals, please visit the **__[#┊💼・deal-chat-and-threads](https://discord.com/channels/461610456163811354/901440072975540224)__** channel on our Discord for more information.

Additionally, please visit the **__[#┊💼・deal-sourcing-and-suggestions](https://discord.com/channels/461610456163811354/916120266516598814)__** channel on our Discord to vote on new deals that you would like the GCR community to diligence together.

Have questions? Reply directly to this email or join our Discord by clicking any of the above links to learn more!

Best,

*The GCR Core Team*

\
## **__RAISING (Currently Fundraising)__**

**__Last Chance to Participate__**


1. **Commonwealth *(Closing next week!)***
   * **Description:** Provider of infrastructure for decentralized communities & DAOs
   * **Fundraising & Valuation:** $100M valuation (previously committed at $125M but lowered the valuation given market)
   * **Investors:** Polychain Capital, Jump, Wintermute, Dragonfly, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/946903987498664066)*

     \
2. **Obscuro *(Found new lead investor - Republic)***
   * **Description:** Layer 2 solution on Ethereum focused on privacy
   * **Fundraising & Valuation:** $5M at $50M valuation
   * **Investors:** Republic, Pragma Ventures, Squares Capital, Orca DAO, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/995259085001871381)*

     \
3. **HackMD *(Closing next week!)***
   * **Description:** Collaborative editor for Web3 companies
   * **Fundraising & Valuation:** $1.5M at $16M valuation
   * **Investors:** Vitalik Buterin, Techstars, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1002134288696881162)*

     \
4. **Nillion**
   * **Description:** Provider of decentralized NMC network that allows nodes to work in a decentralized network
   * **Fundraising & Valuation:** $14M at $180M valuation
   * **Investors:** N/A
   * *[Discord link](https://discord.com/channels/461610456163811354/1011164920215261215)*

     \
5. **Hydra**
   * **Description:** Community-run investment DAO (fund of funds) that invests and incubates other investment DAOs
   * **Fundraising & Valuation:** $10M; no valuation
   * **Investors:** 1kx, Collab Currency, MetaCartel Ventures
   * *[Discord link](https://discord.com/channels/461610456163811354/1006599992066195476)*

     \
6. **Li.Fi**
   * **Description:** Leading multichain aggregation layer that empowers cross-chain liquidity flow
   * **Fundraising & Valuation:** $17.5M at $200M valuation
   * **Investors:** Supercrypt, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1011446171648135289)*

     \

**__Just Started Fundraising__**


1. **Simplex**
   * **Description:** Perp-based crypto index protocol
   * **Fundraising & Valuation:** $1.5M at $15M valuation
   * **Investors:** CMT Digital, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1013366852883320882)*

     \
2. **Breadcrumbs**
   * **Description:** Blockchain analytics platform
   * **Fundraising & Valuation:** $500k at $25M valuation
   * **Investors:** Distributed Global, Spartan Group, Franklin Templeton, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1012532832251424808)*

\
## **__DILIGENCE (Pre-Management Call)__**


1. **Airchains** *(Deal Call on September 7th 9:00am ET)*
   * **Description:** Web3 toolkit for DApps
   * **Fundraising & Valuation:** $3.3M at $20M valuation
   * **Investors:** N/A
   * *[Discord link](https://discord.com/channels/461610456163811354/1012895264803131422)*

     \
2. **Frontdoor** *(Deal Call on September 12th 11:00am ET)*
   * **Description:** Professional market network for Web3 talent
   * **Fundraising & Valuation:** 1M GBP at 6.3M GBP valuation
   * **Investors:** Signature Ventures, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1014260585594101921)*

\


GCR Web3 Live Deals (Week of Sept 2, 2022)

*Dear GCR Friends,*

Please find the latest list of all active deals at GCR for the week in August! As a friend, you are receiving this email once every two weeks.

As you may recall, GCR is an investment DAO syndicate with a focus on Seed - Series A emerging technology companies in Web3 and crypto.

Since 2020, we’ve deployed $40M+ of capital into 55 companies w/ several fantastic exits and a MOIC of 10x on our liquid portfolio.

Here's our Q2 investment review: <https://globalcoinresearch.com/2022/07/06/gcr-investment-review-second-quarter-2022/>.

\
**__How We Operate__**

We are a community of \~6500 members strong on Discord. Our members source, diligence and invest together through SPVs.

For each of these deals, please visit the **__[#┊💼・deal-chat-and-threads](https://discord.com/channels/461610456163811354/901440072975540224)__** channel on our Discord for more information.

Additionally, please visit the **__[#┊💼・deal-sourcing-and-suggestions](https://discord.com/channels/461610456163811354/916120266516598814)__** channel on our Discord to vote on new deals that you would like the GCR community to diligence together.

Have questions? Reply directly to this email or join our Discord by clicking any of the above links to learn more!

Best,

*The GCR Core Team*

\
\
## **__RAISING (Currently Fundraising)__**

**__Last Chance to Participate__**


1. **MintKudos**
   * **Description:** Reputation layer of the decentralized web
   * **Fundraising & Valuation:** $25M-$30M valuation
   * **Investors:** Elad Gil, Naval, Scalar Capital, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/999674268847706173)*

     \
2. **Obscuro**
   * **Description:** Layer 2 solution on Ethereum focused on privacy
   * **Fundraising & Valuation:** $5M at $50M valuation
   * **Investors:** Pragma Ventures, Squares Capital, Orca DAO, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/995259085001871381)*

     \
3. **Hotline**
   * **Description:** Token-powered messaging platform for creators (‘Web3 OnlyFans’)
   * **Fundraising & Valuation:** Raising $4M
   * **Investors:** SuperLayer, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1002296878131593357)*

     \
4. **Coherent**
   * **Description:** Core infrastructure that provides Web3 data
   * **Fundraising & Valuation:** $1M at $14M valuation
   * **Investors:** Coinbase Ventures, Kindred, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1001558863859957800)*

     \
5. **Plato**
   * **Description:** Web3 eat-to-earn application
   * **Fundraising & Valuation:** $2.5M at $11-$15M valuation
   * **Investors:** N/A
   * *[Discord link](https://discord.com/channels/461610456163811354/983291168714551296)*

     \
6. **PangeaDAO**
   * **Description:** Investment DAO that owns, operates, and finances income-generating Metaverse land
   * **Fundraising & Valuation:** $2M at $25M valuation
   * **Investors:** N/A
   * *[Discord link](https://discord.com/channels/461610456163811354/978414910147002409)*

     \

**__Just Started Fundraising__**


1. **HackMD**
   * **Description:** Collaborative editor for Web3 companies
   * **Fundraising & Valuation:** $1.5M at $16M valuation
   * **Investors:** Vitalik Buterin, Techstars, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1002134288696881162)*

     \
2. **Zesty**
   * **Description:** Data aggregator for the metaverse (175+ metaverse properties and 80k+ unique users)
   * **Fundraising & Valuation:** $2M-3M at $20M-$30M valuation
   * **Investors:** 1kx, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1002563132742451260)*

     \
3. **Hydra**
   * **Description:** Community-run investment DAO (fund of funds) that invests and incubates other investment DAOs
   * **Fundraising & Valuation:** $10M; no valuation
   * **Investors:** 1kx, Collab Currency, MetaCartel Ventures
   * *[Discord link](https://discord.com/channels/461610456163811354/1006599992066195476)*

\


GCR Web3 Live Deals (Week of August 19, 2022)

*Dear GCR Friends,*

Please find the latest list of all active deals at GCR for the week in August! As a friend, you are receiving this email once every two weeks. 

As you may recall, GCR is an investment DAO syndicate with a focus on Seed - Series A emerging technology companies in Web3 and crypto.

Since 2020, we’ve deployed $40M+ of capital into 55 companies w/ several fantastic exits and a MOIC of 10x on our liquid portfolio.

Here's our Q2 investment review: <https://globalcoinresearch.com/2022/07/06/gcr-investment-review-second-quarter-2022/>.

\
**__How We Operate__**

We are a community of \~6500 members strong on Discord. Our members source, diligence and invest together through SPVs.

For each of these deals, please visit the **__[#┊💼・deal-chat-and-threads](https://discord.com/channels/461610456163811354/901440072975540224)__** channel on our Discord for more information.

Additionally, please visit the **__[#┊💼・deal-sourcing-and-suggestions](https://discord.com/channels/461610456163811354/916120266516598814)__** channel on our Discord to vote on new deals that you would like the GCR community to diligence together.

Have questions? Reply directly to this email or join our Discord by clicking any of the above links to learn more!

Best,

*The GCR Core Team*

\
\
## **__RAISING (Currently Fundraising)__**

**__Last Chance to Participate__**


1. **MintKudos**
   * **Description:** Reputation layer of the decentralized web
   * **Fundraising & Valuation:** $25M-$30M valuation
   * **Investors:** Elad Gil, Naval, Scalar Capital, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/999674268847706173)*

     \
2. **Obscuro**
   * **Description:** Layer 2 solution on Ethereum focused on privacy
   * **Fundraising & Valuation:** $5M at $50M valuation
   * **Investors:** Pragma Ventures, Squares Capital, Orca DAO, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/995259085001871381)*

     \
3. **Plato**
   * **Description:** Web3 eat-to-earn application
   * **Fundraising & Valuation:** $2.5M at $11-$15M valuation
   * **Investors:** N/A
   * *[Discord link](https://discord.com/channels/461610456163811354/983291168714551296)*

     \
4. **PangeaDAO**
   * **Description:** Investment DAO that owns, operates, and finances income-generating Metaverse land
   * **Fundraising & Valuation:** $2M at $25M valuation
   * **Investors:** N/A
   * *[Discord link](https://discord.com/channels/461610456163811354/978414910147002409)*

     \

**__Just Started Fundraising__**


1. **Hotline**
   * **Description:** Token-powered messaging platform for creators (‘Web3 OnlyFans’)
   * **Fundraising & Valuation:** Raising $4M
   * **Investors:** SuperLayer, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1002296878131593357)*

     \
2. **Coherent**
   * **Description:** Core infrastructure that provides Web3 data
   * **Fundraising & Valuation:** $1M at $14M valuation
   * **Investors:** Coinbase Ventures, Kindred, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1001558863859957800)*

     \
3. **LayerZero**
   * **Description:** Blockchain interoperability protocol
   * **Fundraising & Valuation:** $3B valuation
   * **Investors:** Multicoin, a16z, Sequoia, FTX, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1005049134027378718)*

     \
4. **Celestia**
   * **Description:** First modular blockchain network to power scalable, secure Web3 apps
   * **Fundraising & Valuation:** $1B+ valuation
   * **Investors:** Binance, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1005080883117699082)*

     \

## **__DILIGENCE (Pre-Management Call)__**


1. **HackMD** *(Deal Call on August 15th 7:00pm ET)*
   * **Description:** Collaborative editor for Web3 companies
   * **Fundraising & Valuation:** $2M at $20M valuation
   * **Investors:** Vitalik Buterin, Techstars, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1002134288696881162)*

     \
2. **Zesty** *(Deal Call on August 18th 9:00am ET)*
   * **Description:** Data aggregator for the metaverse (175+ metaverse properties and 80k+ unique users)
   * **Fundraising & Valuation:** $2M-3M at $20M-$30M valuation
   * **Investors:** 1kx, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1002563132742451260)*

\


GCR Web3 Live Deals (Week of August 1, 2022)

*Dear GCR Friends,*

Please find the latest list of all active deals at GCR for the week in August!

As you may recall, GCR is an investment DAO syndicate with a focus on Seed - Series A emerging technology companies in Web3 and crypto.

Since 2020, we’ve deployed $40M+ of capital into 55 companies w/ several fantastic exits and a MOIC of 10x on our liquid portfolio.

Here's our Q2 investment review: <https://globalcoinresearch.com/2022/07/06/gcr-investment-review-second-quarter-2022/>.

\
**__How We Operate__**

We are a community of 6000 members strong on Discord. Our members source, diligence and invest together through SPVs.

For each of these deals, please visit the **__[#┊💼・deal-chat-and-threads](https://discord.com/channels/461610456163811354/901440072975540224)__** channel on our Discord for more information.

Additionally, please visit the **__[#┊💼・deal-sourcing-and-suggestions](https://discord.com/channels/461610456163811354/916120266516598814)__** channel on our Discord to vote on new deals that you would like the GCR community to diligence together.

Have questions? Reply directly to this email or join our Discord by clicking any of the above links to learn more!

Best,

*The GCR Core Team*

\
## **__RAISING (Currently Fundraising)__**

**__Last Chance to Participate__**


1. **Obscuro**
   * **Description:** Layer 2 solution on Ethereum focused on privacy
   * **Fundraising & Valuation:** $5M at $50M valuation
   * **Investors:** Pragma Ventures, Squares Capital, Orca DAO, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/995259085001871381)*

     \
2. **PlayEmber**
   * **Description:** Web3 mobile game publisher
   * **Fundraising & Valuation:** $1.2M at $20M valuation
   * **Investors:** MOVE, FAM Capital, BoomBit, NEAR, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/994806023988707399)*

     \
3. **Humanode**
   * **Description:** First biometric and EVM-compatible blockchain
   * **Fundraising & Valuation:** $4M at $40M valuation
   * **Investors:** Republic, Shima, Wintermute, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/996436880088367135)*

     \
4. **Strider**
   * **Description:** Web3 platform that provides creators with DAO tools to build story worlds and games
   * **Fundraising & Valuation:** $5M at $40M valuation
   * **Investors:** 1kx, Scalar Capital, Sfermion, YGG, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/991548327042752522)*

     \
5. **Seashell**
   * **Description:** Web3 neobank application powered by DeFi to improve banking experience
   * **Fundraising & Valuation:** $15-$20M at $65M valuation
   * **Investors:** Kindred, Khosla, IVC, Coinbase, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/983568338376622110)*

     \
6. **Plato**
   * **Description:** Web3 eat-to-earn application
   * **Fundraising & Valuation:** $2.5M at $11-$15M valuation
   * **Investors:** N/A
   * *[Discord link](https://discord.com/channels/461610456163811354/983291168714551296)*

     \
7. **PangeaDAO**
   * **Description:** Investment DAO that owns, operates, and finances income-generating Metaverse land
   * **Fundraising & Valuation:** $2M at $25M valuation
   * **Investors:** N/A
   * *[Discord link](https://discord.com/channels/461610456163811354/978414910147002409)*

     \
8. **Nametag**
   * **Description:** Naming service for the NFT and social DAO space (30k+ users)
   * **Fundraising & Valuation:** $4M at $30M valuation
   * **Investors:** Coinbase Ventures, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/969058510555992154)*

\
**__Just Started Fundraising__**


1. **MintKudos**
   * **Description:** Reputation layer of the decentralized web
   * **Fundraising & Valuation:** $25M-$30M valuation
   * **Investors:** Elad Gil, Naval, Scalar Capital, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/999674268847706173)*

     \
2. **Mysten Labs**
   * **Description:** Company focused on creating a foundational infrastructure to accelerate the adoption of Web3
   * **Fundraising & Valuation:** $200M at $2B valuation
   * **Investors:** FTX, a16z, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/998991910456807595)*

     \
3. **Revel**
   * **Description:** Web3 personal media collecting and trading platform
   * **Fundraising & Valuation:** $5M at $25M valuation
   * **Investors:** Dragonfly Capital, Union Square Ventures, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1001120119327571978)*

     \

## **__DILIGENCE (Pre-Management Call)__**


1. **Coherent** *(Deal Call on August 3rd 11:00am ET)*
   * **Description:** Core infrastructure that provides Web3 data
   * **Fundraising & Valuation:** $500k at $14M valuation
   * **Investors:** Coinbase Ventures, Kindred, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1001558863859957800)*

     \
2. **HackMD** *(Deal Call on August 15th 7:00pm ET)*
   * **Description:** Collaborative editor for Web3 companies
   * **Fundraising & Valuation:** $2M at $20M valuation
   * **Investors:** Vitalik Buterin, Techstars, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1002134288696881162)*

     \
3. **Zesty** *(Deal Call on August 18th 9:00am ET)*
   * **Description:** Data aggregator for the metaverse (175+ metaverse properties and 80k+ unique users)
   * **Fundraising & Valuation:** $2M-3M at $20M-$30M valuation
   * **Investors:** 1kx, etc.
   * *[Discord link](https://discord.com/channels/461610456163811354/1002563132742451260)*

\


GCR Web3 Live Deals (Week of Sept 2, 2022)

GCR Web3 Live Deals (Week of August 19, 2022)

GCR Web3 Live Deals (Week of August 1, 2022)

GCR Web3 Deals Update (August)