demidas - what's next?

#demidas_update

The VC industry continues to develop rapidly. Investment volumes have increased significantly, with August closing with a fundraising amount of ~$700 million.

This is twice the amount of August last year. VCs are more active, and the number of deals is increasing. It's important to note that many of the latest deals are now focused on the TON ecosystem.
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Our team, demidas, also continues to work actively and develop, setting new priorities.

We were able to see the future change in trend and focused on TON - a dynamic blockchain with huge potential for ecosystem development.

TON today: 12 million on-chain wallets, 4 million daily transactions, 50+ million smart contracts.

Here we see significant opportunities for project implementation, startup growth, and we are actively working in all directions.

What we are doing now:

· BlueDAO – a community-driven DAO for development, research, acceleration of projects, and investments at the idea stage in TON projects.

· Triangle & Gaming – acceleration programs aimed at promising startups on TON with the goal of helping them develop and enter the market.
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This channel will gradually transition into the web3-VC environment around The Open Network.

Demidas, thanks to its internal products and network, has significant resources and opportunities to pass value on to you.

Media about web3 VC: @demidas_com

Triangle: Accelerator for TON and Telegram

#demidas_spotlight

Triangle is an accelerator with experienced players in the crypto industry, united with the goal of supporting projects in creating innovative, scalable solutions in the Telegram and TON ecosystem.

Key players in the industry are involved in the initiative: Notcoin, Sign, 1inch.

The main goal of Triangle is to provide projects with comprehensive support in entering the market, attracting investments, and accessing expertise from leading specialists in the web3 sphere.

The Triangle program is designed for 6 weeks and will conclude with a demo day involving developers, ecosystem partners, and venture investors.
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Resources and opportunities for participants:

· Priority launch on the Community platform
· Notcoin Explore campaigns to accelerate user acquisition
· Early incubation with Early for product testing and feedback collection
· Promotion through the Ton Circle by Open Builders community of opinion leaders
· Token management using TokenTable
· Cross-chain attestation using the Sign Protocol
· Integration with the DeFi ecosystem through 1inch to provide access to 900 million active Telegram users
· Support from leading developers in the Telegram and TON ecosystems
Triangle Mentors:

· Xin Yan — Co-Founder & CEO, Sign
· Anton Bukov — Co-Founder, 1inch
· Sasha Plotvinov — Founder, Notcoin & Open Builders
· Smokey — Co-Founder, Berachain
· Sophia Rusconi — Head of Acceleration, TON Foundation
· Orion Parrott — GP, OrangeDAO
· Dyma Budorin — CEO & Co-Founder, Hacken
· Max Power — Special Projects, LayerZero
· David Ching — Investment & Strategic Partnerships Director, Animoca Brands
· Certain Choly ?
Program conditions:

· Application acceptance open until August 10 (14:00 CET).
· This will be followed by a two-week period for selecting projects to participate in the acceleration program.

For additional information, visit Triangle.

Telegram and TON are on the brink of a new stage of development, opening up new possibilities. Triangle is ready to help realize the full potential of web3 in these ecosystems.

Application deadline is August 10. Become part of the future web3.

Media about web3 VC: @demidas_com

Crypto affects macro

#demidas_article

The world of digital technologies and cryptocurrencies continues to evolve rapidly, and our new study is dedicated to a deep analysis of these changes. In this work, we examined the key aspects shaping the future of the cryptocurrency market and studied their macroeconomic impact.

> Read the article (Substack)

Read the article (deMidas)
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Main topics of the article:
• Macroeconomic impact of cryptocurrencies:
It is generally accepted that macroeconomic events directly affect the world of Web3. We decided to look at this from a different angle and analyze how cryptocurrencies are starting to influence macroeconomics.

• Narratives and perspectives of the upcoming cycle:
Discussion of key trends such as DePIN, AI, AA, SocialFi, RWA, GameFi, and others. The article examines which projects and innovations will define the development of the industry in the coming years and what challenges lie ahead.

• Cryptocurrencies have matured technologically:
We did not notice how cryptocurrencies have already reached maturity. Today, applications are emerging that millions of people use without realizing that they are already integrated into the world of Web3. DeFi is several steps ahead of TradFi, and the pace of cryptocurrency development outstrips the pace of internet development.
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Insights and discoveries:
• How do cryptocurrency market cycles resemble stages of human development?
• How is the upcoming cycle being formed, and what will drive projects and narratives forward?
• What impact have halving and the adoption of ETFs for BTC and ETH had on the cryptocurrency market?
• How can the concept of Web2.5 become a bridge between Web2 and Web3, combining the best aspects of both technologies?

You can find the answers to these questions and more in the article. The article was written with the involvement of our audience, more than 20 leading Web3 enthusiasts, and key representatives of projects (TON Foundation, Berachain, Pudgy Penguins, etc).

deMidas x 0xCholy

Venture Capital Explained: From Adventures to the Crypto Revolution.

#demidas_movie

The realm of venture capital has been evolving for a long time. There have always been structures promoting innovative concepts.

Today, VC has transformed from an isolated state into a self-sufficient system, functioning as a separate segment of the economy.
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· How have cryptocurrencies changed the perception of venture capital?

· How are modern VCs structured?

· Why has the arrival of web3 enabled investing in the internet?
We discuss this in our new video.

▶️ Watch the video.

Web3 has allowed to change the rules of the game and elevate venture capital to a new level.
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We are also gathering a selective closed community with investors, founders, and web3 experts. If you are interested, you can fill out the form on our waitlist.

Fill out the form.

Media about web3 VC: @demidas_com

YouTube

Venture Capital Explained: From Adventures to the Crypto Revolution.

My Telegram channel with articles: https://t.me/zeroxcholy Channel dedicated to VC: https://t.me/demidas\_com Are you curious about venture capital investing and how it makes money? In this video, we dive into the fascinating realm of venture capital explained…

Key Differences in Building an Economic Model in Web3 vs. Web2.

#demidas_education #tokenomics

In a previous post, we compared the concepts of tokenomics and cryptoeconomics. Now, we want to delve deeper into building an economic model for Web3 projects.
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· Every user influences the Web3 system.

If you reward a user for useful actions (e.g., swaps in AMM) with tokens that carry no value, they may sell them, reducing the token's price. A native token staker might sell, leading to a price drop. Consequently, a third user may not want to perform swaps, as the tokens might be worthless.

This chain of events can lead to a negative impact on the economy of your token.
· User behavior cannot be controlled, only incentivized.
This means you need to define mechanisms in advance to encourage desirable behavior — the one that is profitable for you as a founder and interesting to the user.

At the same time, it is necessary to consider that users may have different motives.

· Possibility of exploits.

There is always a category of users who aim to gain "unfair" advantages from the project.

The larger the amount of funds locked in the protocol (TVL), the higher the likelihood that these users will appear in your protocol.

· Shiftability of narratives.

The Web3 market is dynamic. Trends and narratives actively replace one another.

Today, we observe the success of Notcoin. In the previous cycle, Stepn was popular. One of the first projects that attracted wide attention to the crypto realm was Dogecoin.
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Thus, transitioning from Web2 to Web3 requires considering many new factors and peculiarities.

Developing an effective economic model in Web3 requires a deep understanding of the mechanisms of cryptoeconomics and considering the interests of all participants in the system.

deMidas x Alexey Karanyuk (gnts.ai).

Media about web3 VC: @demidas_com

Tokenomics: Understanding, Analysis, Application — №1
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#demidas_education #tokenomics

We are starting a series of posts, diving deep into tokenomics. We aim to achieve two main objectives through this process:

· Provide the necessary theoretical foundation for understanding and analyzing the tokenomics of projects;

· Aid in the difficult process of creating tokenomics for a startup from scratch.

The deMidas team and Alexey Karanyuk, founder of Giants Tokenomics (gnts.ai) participated in writing.
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Concept of Tokenomics

Tokenomics is a broad concept that combines different approaches and theories that help define the value, purpose, and usage of tokens within a specific ecosystem.

It is important to understand that tokenomics is not a static structure, but a dynamic system that can change and adapt depending on various factors.

All components of tokenomics must be carefully developed and thought out, starting from token issuance and distribution mechanisms, to their potential use and methods of ensuring liquidity.
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By integrating the basic economic elements that fit into the blockchain structure, the task of a token economist is to answer the following questions:

· Behavioral economics, economic sociology: What drives each participant to make decisions about swapping/staking/providing or withdrawing liquidity/selling native tokens/voting?

· Microeconomics: What will be the token price volatility, real and expected returns? What conditions for stakeholders do competitors have? What new offerings can be made?

· Macroeconomics: What will be the equilibrium of supply and demand, and how will monetary factors such as inflation affect it?

· Corporate finance: What will be the project's P&L, what return is expected for the token investor? Where are the possible losses in the project's budget?

· Economic design, system dynamics, game theory: How will users interact in a complex system, and what will change when the structure of the economic system changes?
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Answers to these questions are not just important; they will serve as the foundation for creating tokenomics.

They will define the key aspects and principles on which the entire tokenomics system will be built.

Media about web3 VC: @demidas_com

Venture investments Q1 2024.

#demidas_spotlight

The year 2023 was marked by a global downtrend. Average quarterly investments went down by 80% compared to the peak in 2021.

There is now a resurgence in venture capital inflows. Q1 indicates a restoration of investor confidence in the industry and its growing maturity.
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For the first quarter, the amount of investments totalled $2.3 billion. The majority of those investments were made in segments such as:

· Blockchain – $416.5 million.
· CeFi – $390.96 million.
· Blockchain Service – $383.89 million.
· Blockchain Infrastructure – $382.83 million.

The majority of investments were made in the USA, totaling $785 million (34% of the global investment amount).

This indicates a growth in the number of American campaigns receiving support (by 36% compared to the previous period).

Hong Kong took the next spot with investments totaling $124 million.
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Many signs indicate that venture capital remains an attractive asset class for leading investors.

· Andreessen Horowitz raised $7 billion to finance venture strategies (American Dynamism, apps, games, infra, growth).

· Y Combinator attracted $2 billion through three recently established funds.

Media about web3-VC: @demidas_com