How Did We Get Into Venture?
Back in 2021, two of V3V Ventures’ current partners launched a web portal called Metaverse.SG with the goal of bringing Web3 and NFT market news to the world while providing convenient access to real-time data and analytics on all existing NFT projects.
The site quickly gained organic traction, with the majority of its visitors coming from Asia, particularly Singapore.
Later, we created a https://x.com/MetaverseSG channel on DeBank and Twitter to share news and insights, which, in hindsight, turned out to be a brilliant decision. The channel (https://debank.com/official-account/112095/stream) eventually amassed a follower base with combined wallet balances exceeding $600 million. This wealthy and engaged community of followers likely played a key role in the company’s valuation.
Earlier this year, V3V Ventures reached out with an offer to acquire the Metaverse website and its social network. We were pleased to see them place such a high value on our work. You can read more about the acquisition here: Hackernoon article.
Throughout the acquisition process, we realized just how aligned we were with the V3V team in terms of thought process and vision. Ultimately, they invited us to join V3V, where we now help scout and research promising startup projects, as well as negotiate investments with project founders.
It’s been an exciting journey and a fantastic opportunity to explore a new side of the industry!
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