GCR Friends

GCR Web3 Deals Update (August)

GCR

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 channel on our Discord for more information.

Additionally, please visit the #┊💼・deal-sourcing-and-suggestions 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

  2. PlayEmber

    • Description: Web3 mobile game publisher

    • Fundraising & Valuation: $1.2M at $20M valuation

    • Investors: MOVE, FAM Capital, BoomBit, NEAR, etc.

    • Discord link

  3. Humanode

    • Description: First biometric and EVM-compatible blockchain

    • Fundraising & Valuation: $4M at $40M valuation

    • Investors: Republic, Shima, Wintermute, etc.

    • Discord link

  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

  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

  6. Plato

    • Description: Web3 eat-to-earn application

    • Fundraising & Valuation: $2.5M at $11-$15M valuation

    • Investors: N/A

    • Discord link

  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

  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

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

  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

  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

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

  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

  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

#gcrfriends
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