Singapore Based VC Firm Disclosed Its Crypto Startup Investments In Their Telegram Channel

V3V Ventures posted about their recent investment in the crypto world. There are five projects mentioned:

  • Metaverse.SG. It’s a news portal with content about NFT and other crypto-related stuff. V3V is bullish regarding the NFT market, saying “Despite a significant decline in trading volume across 2023, we see the sector’s recovery as an opportunity”.
  • Shieldeum.net, a project that applies AI capabilities for security. It’s well-known that the crypto industry is prone to hacking attacks, so while security may not sound trendy, it’s obviously important for lots of crypto projects.
  • Brkt.gg, a project in prediction market space. Betting on events is a crypto strong suit, it can be quite naturally implemented with smart contracts.
  • BitLayer, a layer-2 solution for Bitcoin. While Bitcoin is among the most popular cryptocurrencies, its initial implementation doesn’t really let people use it for DeFi, so layer-2 solutions come to the rescue.
  • Crosscurve.fi. Moving liquidity between different blockchains has always been a mess: it can be expensive, slow, unreliable, or all of that. Crosscurve aims at fixing that, unifying liquidity in the well-known Curve project in one “cross-chain market”. 

It’s worth mentioning that the place where all it was posted is an investment itself. A Telegram channel with the @cryp username is owned by V3V. Telegram usernames are implemented as NFTs on TON blockchain, so holding a four-letter username means owning a valuable NFT which value can grow over time.

It’s not the only V3V investment in the TON/Telegram ecosystem: it also acquired other usernames such as @trade, @ether, @trading and some sum in the Toncoin cryptocurrency itself, which value in dollars has more than doubled since then.

And instead of just holding these usernames, V3V created active Telegram channels dedicated to their topics. Telegram started to share the ad revenue with Telegram channel owners, letting people with huge subscribers count profit off it. So while you’re reading about V3V investments in the @cryp channel, keep in mind that post itself is a part of a larger investment.  

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