The Pantera Capital McSweeney TheBlock Fund is one of the most exciting new products to hit the market in a long time. This is due in no small part to its ability to generate high returns without the risks associated with most other funds. As such, the fund is ideal for investors who seek long-term returns that are not hampered by short-term market fluctuations. And with its wide-ranging focus on sectors including technology, healthcare, and energy, the fund can offer a variety of investment options for all types of investors.
PowerTrade
For a while now, we have been hearing a lot about the naysayers at the crypto exchanges of the world. The most notable among them is PowerTrade. PowerTrade is a mobile based options trading platform that provides a one stop shop for the aspiring speculator. PowerTrade is backed by a phalanx of VCs including Pantera Capital, Framework Ventures, QCP Capital, and CMS Holdings. The company recently announced plans to raise an eye catching $16 million to fuel its mission to disrupt the crypto community and the mainstream economy. Most of the funds will go towards developing and commercializing a suite of proprietary digital currencies that will be rolled out in phases over the next several months.
Injective Protocol
Injective Protocol is a fully decentralized derivatives exchange protocol, based on the Ethereum network. It aims to solve bottlenecks of the current DEXs by combining the advantages of centralized and decentralized platforms.
Injective Protocol’s native token, INJ, has already been incorporated into the market. This token has a total supply of 100 million tokens. The tokens are released on a day-by-day basis for a fixed period of time.
According to the company’s official website, the platform offers synthetic tokens representing stocks from public companies and indices. Users can earn a passive yield on these tokens by depositing and deploying funds.
Injective Protocol is backed by Pantera Capital, BlockTower, and Hashed Ventures. Investors also include Axia8 Ventures, Cadenza Ventures, and Boxone Ventures.
Unstoppable Domains
Unstoppable Domains, a VC-backed NFT provider based in McSweeney theblock, has just raised a bevy of venture capital to support its quest to put Web3 on a pedestal. To that end, the company has minted 2.5 million non-fungible tokens and has garnered the attention of investors such as the likes of Boost VC, Mayfield and Alchemy Ventures. As a company whose business model is to provide a platform for users to create their own NFT domains, the company is proving to be a valuable asset to its owners.
One of the more impressive claims by the company is that it has received more than a dozen accolades recognizing its achievements, including a Best Startup Employer award for 2022, the Forbes Most Innovative company in the world award in 2015 and a spot on the list of Top 10 startups to watch in 2018. For now, the company is focusing on accelerating the growth of its new product lines, such as its web3 sandbox, and establishing a loyalty reward program infrastructure.
Stacked
Stacked, a livestreaming platform that offers its users an alternative to YouTube and Amazon’s Twitch, recently announced a Series A round of funding led by Pantera Capital and Z Venture Capital. The new money will enable the company to continue its expansion to India and Southeast Asia, and ramp up its marketing campaigns. Its goal is to make creators part owners of its platform by rewarding them with tokens based on performance metrics.
Stacked allows users to stream gaming content and interact with fans. Its aim is to provide an alternative to YouTube and Twitch, which are owned by Alphabet and Amazon respectively. Like Twitch, Stacked will also reward users with tokens for their content based on performance metrics.
Pantera Select Fund
A week ago, Pantera Capital announced the formation of a new $200 million fund called the Pantera Select Fund. The new fund will focus on investments in decentralized finance, Web3 gaming, and nonfungible token platforms. It will also invest in crypto-finance firm Amber and an unspecified Indian crypto exchange.
One of the first investment firms to focus exclusively on cryptocurrencies, Pantera Capital has a lot of experience in this space. Last year, the firm launched its first fund, the Pantera Capital, which was designed to raise more than $600 million in capital. This month, the firm announced it had more than met its fundraising target. Now, it’s planning to close the fund with more than $1.3 billion in committed capital.
