There will be times when the wind and waves break, and the clouds and sails will sail across the sea. This is probably the state of mind and true portrayal of Foresight Ventures in the past two years. The bear market is long, and the vast majority of crypto VCs have done the right thing, which is to tighten their budgets and hibernate. However, Foresight Ventures went in the opposite direction, flexing its muscles in the bear market and building a complete crypto investment ecosystem. In 2024, when the figure on the other side comes into view, Foresight Ventures, which is going against the market trend and conquering the city, may have to wait for the bull market to bloom.
Foresight Ventures is an investment institution focusing on blockchain technology and the encryption industry. It was established in May 2021. It manages multiple funds: a venture capital fund, an actively managed secondary fund, and a multi-strategy FOF and a private markets secondary fund.
In fact, Foresight Ventures’ ambition is not just to invest, but to provide incubation, investment and consulting services throughout the entire project life cycle, becoming a one-stop service provider for the crypto industry. Currently, in addition to Foresight Ventures, the ecosystem also includes Web3 media Foresight News, accelerator Foresight X, and Web3 media research institution The Block. It’s clear that the Foresight investment ecosystem is basically complete.
In less than 3 years, Foresight Ventures has quickly set foot in multiple fields, including public chain, Bitcoin ecosystem, Depin, DeFi, NFT, GameFi & Metaverse, Web3 social & creator economy, infrastructure, AI & Crypto, media , VC, asset management and many other tracks, and has close cooperation with public chain networks such as Solana, Aptos, Sui, NEAR, Flow, and Avalanche. Especially in the fields of GameFi and Metaverse as well as Web3 social and creator economy, Foresight Ventures has accumulated rich investment experience and injected unique impetus into the growth and innovation of the project.
Foresight Ventures co-founder Forest also revealed that he plans to continue to promote international business this year and is expected to hold two summits in North America and Asia.
infrastructure
WalletConnect is an open source protocol that facilitates secure connections between wallets and DApps. Under the hood, the protocol facilitates end-to-end encrypted communication between two clients — similar to a “wallet signal.” Through the wallet, users can scan QR codes or connect DApps to mobile wallets via deep links. WalletConnect has received institutional investment from USV, 1kx, Uniswap Labs and other institutions.
Shardeum is an EVM-based linearly scalable smart contract platform that always provides low gas fees while maintaining true decentralization and solid security through dynamic state sharding. According to its roadmap, the mainnet will go live in the first quarter of 2023. Shardeum has received investment from Jane Street, The Spartan Group, DFG and other institutions.
Space and Time is a Web3 native decentralized data platform designed to connect on-chain and off-chain data to provide a wide range of enterprise-level use cases for smart contract applications. Its new SQL proof protocol uses zero-knowledge proof to ensure that applications can Generate analytical insights in a centralized, low-cost, and tamper-proof way. Space and Time has received investment from Microsoft M12 Fund, Polychain, Framework Ventures and other institutions.
Hyper Oracle is an oracle project based on ZKP. It is currently working with Delphinus Lab to explore the cutting-edge research and development of zkWASM in indexing and automation middleware protocols. zkWASM is also completing full support for some infrastructure components of Hyper Oracle. Hyper Oracle's next goals are two directions, namely ZK-Indexing and ZK-Automation. ZK-Indexing is similar to The Graph, extracting blockchain data from Hyper Oracle Node, processing and storing it so that DApps can easily query it through GraphQL. ZK-Automation is a decentralized automation protocol that enables trustless automation of off-chain and on-chain sources. Hyper Oracle testnet is launching soon.
Polyhedra Network is a scalable and cross-chain Web3 infrastructure based on ZK. It provides a series of development infrastructure to help developers build multi-chain applications, cross-chain bridges and various products based on ZK technology. Overeality received institutional investment from Binance Labs and others.
Space ID is a Web3 domain name and identity platform that is building a universal domain name service network to seamlessly coordinate and connect people, information, assets, and applications across blockchains. It is decentralized, censorship-resistant, and open source. Allowing users to bind their identities to multiple chains, the community can build its own domain name service through the SPACE ID network.
Bitget Wallet (formerly BitKeep) is a decentralized multi-chain cryptocurrency wallet that supports over 50 blockchains, over 45,000 cryptocurrency assets, and over 10,000 DApps. It adopts hot and cold separation, offline signature, etc. Security mechanism to ensure the safety of funds. Bitget Wallet has received institutional investment from Foresight Ventures, Dragonfly, KuCoin Ventures and other institutions.
dappOS is an "intent-centered" Web3 operating protocol that aims to provide users with a convenient experience of one-click access to multi-chain, full-ecology DApps, while also providing DApp builders with multi-chain deployment and promotion solutions. dappOS takes advantage of technological innovations in account abstraction and cross-chain services to realize virtualization of the public chain and lower the usage threshold and cost for users and project parties.
Gitcoin is a community-governed open source project funding platform launched in November 2017 with the mission of building and funding digital public goods. The governance token GTC will be launched in May 2021 to govern Gitcoin Grants and GitcoinDAO. Its most influential product is Gitcoin Grants, Web3's largest public goods fundraising pool, which runs quarterly for public projects built using open source software such as Python, Rust, Ruby, JavaScript, Solidity, HTML, CSS, and Design. Articles provide a platform to seek funding and access funding, helping Public Goods connect with people willing to fund the project.
OlaVM is an EVM-compatible ZKVM designed by the Sin7Y team. It aims to combine zk-friendly design, zk without fft algorithm and FPGA acceleration to build a high-performance EVM-compatible L2 solution.
DAO Maker is a crypto Launchpad platform designed to help DApp developers leverage the functions and mining of social mining to build communities, and convert the community into value-added and value-evaluated members of the DAO through the project's tokens. DAO Maker has products such as DAO Launchpad, Farms and Vestings, DAO Swap, Vote & Fairdrops, Stake DAO and Governance.
Kakarot is a modular zkEVM built on CairoVM, designed to allow users to take advantage of the scaling benefits of validity rollups while maintaining compatibility with the Ethereum ecosystem. Therefore, Kakarot can be used to run Ethereum smart contracts on Starknet.
Accseal is committed to ZKP hardware acceleration and has currently completed the development of zero-knowledge proof (ZKP) SoC acceleration chips and will enter mass production in the first quarter of 2024. By adjusting the upper layer protocol, it can support dozens of public chain projects based on the ZK-SNARK algorithm such as Aleo, Scroll, zkSync, Taiko, Aztec, Linea, etc., and can also be applied to computing power projects on the DePIN track.
Node Guardians is a platform for builders, thinkers, and strivers. Their mission is to support innovative and promising crypto ecosystems through education and infrastructure and contribute to the future of the decentralized internet.
Int3face is a scalable intent-based system based on SBIP, aiming to eliminate the interoperability and complexity of Web3. Its functions are not limited to any one track or field, but target the entire block in a more macro and scalable manner. The chain network abstracts and modularizes all cross-chain operations, and ultimately allows users to perform simple on-chain operations through intentions.
Mitosis is a liquidity protocol that proposes a new model for cross-chain interoperability in modular blockchain ecosystems.
Kwil is a decentralized SQL database infrastructure provider based on Arweave that allows developers to quickly perform complex queries across datasets and access data from other applications, reducing application development time.
AR I/O is a decentralized gateway on Arweave that can better lower the threshold for users to access Arweave network data.
Web3 Social & Creator Economy
Story Protocol is an on-chain intellectual property protocol that aims to revolutionize the way intellectual property is created, managed and licensed in the digital age. It provides a global, scalable library of intellectual property assets, enabling creators to tap into a decentralized ecosystem that enables them to protect, monetize and collaborate on their creative works with unparalleled transparency.
Mocaverse, the NFT family owned by Animoca Brands, is building Web3-native tools to empower products in gaming, culture, and entertainment verticals, allowing users to create their own digital identity, build reputation, and earn and spend loyalty points.
Storyverse is an NFT content platform that allows users to add Ape or other NFTs to Storyverse and earn royalties on stories written by famous authors.
Modhaus is a Web3 K-Pop project that aims to promote Korean pop culture through blockchain technology. The company puts fans at the center of the experience, bringing fans closer to creators. Modhaus seeks to include fans in major stages of production using NFT-powered governance mechanisms.
Phaver is a Share-to-Earn social app for iOS and Android, powered by Lens Protocol. In Phaver, users can publish posts, support adding pictures (including instant photos), links (tweets, blogs), products, applications, select content field tags and positioning, or browse all content in Lens and connect to wallets Post-Lens Profile users can publish posts directly to Lens through Phaver.
Orb is a Web3 social application based on Lens Protocol where users can own and monetize their content.
RSS3 is a decentralized content distribution and social protocol. It proposes an RSS3 open source protocol based on RSS and provides a platform-free tracking subscription service similar to RSS.
Firstbatch is an AI social protocol that hopes to use AI to generate user interest tags on the chain by reading users' authorization data on Web2 social media, and use ZK technology for privacy protection.
GameFi & Metaverse
Xterio is a Web3 game developer and publisher built by the world-class game company Funplus team. It is also a P2E game platform and GameFi-as-a-service (GAAS) solution. Currently, Xterio is developing several core chain game products. The RPG game in Project Jupiter will be launched soon, and Project Mercury and Project Venus will also be launched. Xterio received investment from DST, Makers Fund and other institutions.
Everyrealm is an investor and developer in the Metaverse ecosystem that aims to shape the Metaverse by investing in, managing, and developing assets, including NFTs, virtual real estate, Metaverse platforms, games, infrastructure, and more. Everyrealm raised $60 million in Series A funding led by a16z.
Space Nation is a next-generation AAA space-themed blockchain game designed to be the highest standard for crypto gaming ever. It combines Chinese MMORPG game design with Western space opera stories, integrates P4F and P2E game modes based on the "Fantasy Westward Journey" ecosystem, attracts Web2 and Web3 users, and promotes the development of the ecosystem.
Puffverse is a metaverse game created by the Xiaomi team, aiming to connect the virtual Web3 world with the real Web2. Puffverse provides an NFT character-driven environment that allows players to experience a magical new metaverse.
The Beacon is a pixel-style Free2Play action role-playing game published by TreasureDAO on Arbitrum. The gameplay includes solo level entry, team adventure, casual dress-up, etc.
Ultiverse is a comprehensive platform integrating AAA social games, NFT, DeFi and DEX. Ultiverse aims to build the next generation of Metaverse, connecting Web3 with immersive VR-compatible virtual worlds. Ultiverse is committed to using its original concept "Metafi" to empower the Web3 field and build a bridge to the Metaverse.
Overworld is a web3-based gaming and community project focused on collective storytelling, utility-driven digital collectibles, and building deep, engaging multiplayer games set in ambitious fantasy worlds.
Lifeform is a visual DID solution provider that brings Web2 users into the Metaverse and Web3 worlds by simplifying the creation, use and management of virtual identities. Specifically, Lifeform has developed a cross-platform 3D avatar editor that enables people to use decentralized identity authentication DID and retain multiple zero-knowledge anonymous digital identities via NFTs. Lifeform received investment from institutions including Binance Labs.
Pixelmon is the first Decentralized Game IP Ownership system, originally inspired by Pokémon, where players can trade and train their own little monsters, Pixelmons, while exploring the virtual universe.
L3E7 is an open world RPG game based on Geolocation Service (LBS), which uses map graphics rendering technology to immerse players in a 3D metaverse world. In L3E7, NFT is not only a game ticket, but also a shareholder equity certificate - holding NFT can share the revenue of the game.
Avalon is developing an interoperabl
