1015 BV Amsterdam
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89 Nexus Way
Camana Bay
Grand Cayman KY1-9009
Cayman Islands
We are a pioneer investment firm focused exclusively on the blockchain and distributed ledger technology. Within the next years blockchain technology will have a breathtaking impact and an established, responsibly managed focal role in the global economy. Networks and protocols will ultimately lead to the formation of the next Internet era: Web 3.0, the Internet of Value, decentralised finance infrastructure and tokenisation of every possible current and future asset on earth.
Maven 11 Capital has invested and built an extensive network in this industry for years. We are very well positioned to discover, select and connect to promising teams developing disruptive emerging technologies. Maven 11 Capital is registered and fully compliant with local regulators and takes pride in a very ethical approach to investing.
Maven 11 has a fundamental and thesis driven devotion to invest in these 3 verticals of blockchain industry: Infrastructure, Decentralised Finance, Web 3.0
Alchemix lets you reimagine the potential of DeFi by providing highly flexible instant loans that repay themselves over time.
Anoma is a proof-of-stake blockchain that enables private bartering of assets among an N-number of parties. To achieve this they utilize zero-knowledge SNARKs. Zk-SNARKs empower a novel form of privacy, where one can prove knowledge of certain information without revealing it. We are firm believers in the need for digital privacy, especially on systems like blockchains where information is publicly available forever.
bloXroute is a blockchain agnostic scaling solution. It solves the scalability bottleneck at its core: at the network layer. This solution makes the propagation of blocks more efficient, resulting in increased transaction throughput for all blockchains.
Brahma is building products that sit atop the existing DeFi primitives like options protocols, DEXs, perpetual protocols, etc. These products, called vaults, leverage the capabilities and complexities of the underlying primitives while abstracting that complexity away from the user who instead can just provide capital to these vaults to receive a consistent yield. Instead of focusing on temporary, unsustainable, mercenary-liquidity attracting rewards and incentive schemes, Brahma focuses on generating yield through arbitrage, staking rewards, and capturing risk premia (i.e. vol selling).
Celestia is a pluggable consensus and data availability layer for blockchains and decentralised apps. By making the base layer as simple as possible, Celestia is enabling as much versatility as possible for developers building on top of it. While current blockchains are considered monolithic, which simply means that transaction execution, blockchain consensus, and data availability are processed and maintained on the same blockchain. Celestia abstracts only a handful of these activities and fully specializes their blockchain architecture for those activities, which allows for superior scalability; ultimately, established blockchains like Ethereum could start using Celestia as their consensus and data availability source.
Chainflip is a protocol that enables frictionless cross-chain swaps of digital assets. In the increasingly multi-chain world, a problematic fragmentation of liquidity of digital assets will occur. To enable trading between assets between chains, Chainflip is building a multi-chain DEX that is easy to use.
Composable Finance is an interoperability solution creating infrastructure to unlock the multi-layer, and multi-chain future of Ethereum. To prevent fragmentation between the Layer 2s that are helping bring scalability to Ethereum, interoperability between all these different layers is needed. Composable builds an easy-to-use framework and SDK so L2 devs can easily create these communication channels, to bridge these gaps.
Elementus is a universal blockchain query machine which makes it easy to extract, analyze, and build on data from almost any blockchain. Blockchains are notoriously difficult to read and analyze, and Elementus is building an institutional-grade forensic solution with a strong focus on facilitating governments to make this process easier.
Elrond is a high-throughput public blockchain aimed at providing security, efficiency, scalability, and interoperability via Adaptive State Sharding.
Float Capital is a synthetic asset protocol that provides users a decentralized and trustless way to gain (synthetic) exposure to any asset class. This means users can take undercollateralized (or levered) positions to virtually any asset, although the protocol is focussing on crypto native asset markets for now in order to attract crypto-native users. Beyond the core activities, the protocol is building out multiple social features that improve user’s stickiness and interaction.
Flux is a protocol that provides a data feed on-chain for any asset or event, focussing on both the Solana and NEAR ecosystems. This allows for endless markets to be created and traded. These types of oracles are key pieces of infrastructure in DeFi, as their data feed indirectly safeguards large amounts of value.
Fuel is building a permissionless and trustless Layer 2 solution which is aiming to help solve Ethereum’s scalability issues. It is targeted at low-cost high-throughput value-transfer transactions and powered by a highly-optimized optimistic rollup design. A key part of Fuel’s offering is their infrastructure toolkit, which allows developers to easily build on their platform.
Fuji DAO is an automated borrowing aggregation protocol. In a fragmented DeFi lending market, where users are often forced to manually compare rates between platforms, Fuji automatically and constantly provides borrowers with the best possible rates from various loan providers within the DeFi ecosystem.
Gitopia is building a platform for decentralized software collaboration. With the growing adoption of Web3.0, Gitopia is providing a platform that provides permanent, censorship-proof and decentralized storage of code repositories - similar to centralized entities like Github - that is more aligned with the values of Web3.0
Gyroscope is a protocol that allows for the creation of a meta-stablecoin (Gyro). Meta-stablecoins are stablecoins that are composed of a basket of other stablecoins. The idea is that the basket diversifies the risks of the individual stablecoins. The basket of assets is then used to acquire a yield.
Levana is a decentralized and permissionless crypto derivatives trading platform built in the Terra ecosystem. It aims to be a retail-friendly trading app similar to Robinhood, as the majority of retail participation in financial markets is happening in these types of retail-friendly apps.
Maple Finance is a decentralized corporate debt marketplace that allows undercollateralized lending for institutions. Users can permissionlessly provide capital to pools that are managed by a central organization referred to as a Pool Delegate. Maven 11 is also a Pool Delegate on the platform, meaning we manage one such pool of liquidity from which loans are provided to reputable and extensively screened institutional borrowers.
Merit Circle is a DAO-of-DAOs that provides investors with an index-fund-like exposure to P2E gaming and the broader metaverse concept. The DAO consists of multiple sub-DAOs, that each can deploy different strategies (or ‘vaults’) to generate revenue. This means a sub-DAO can create a vault containing NFTs of a game, allow players to use these to earn revenue in NFTs and tokens, which can be returned to the vault, and a portion of these proceeds can move to the sub-DAO Through this setup, Merit Circle allows players to access the NFTs and assets needed for P2E gaming, it allows LPs to generate a return on their capital, and allows investors to get exposure to a broad set of NFTs and cash flows from the metaverse, closely resembling a metaverse-indexfund.
Mesh is building an easy-to-use yield aggregation and generation platform. Where typical DeFi applications in this niche are difficult to navigate, with users being left to their own devices in terms of understanding potential risks and yield opportunities, Mesh offers users very simplistic choices and risk profiles.
Movr is a cross-domain protocol specifically built for communication between Ethereum Layer 2’s. They are building two critical pieces of infrastructure for the increasingly multi-chain world towards which this industry is moving. Firstly their front-facing bridge aggregator Fund Movr, which is a bridge aggregation layer for asset transfers. Their Data Movr framework and attestation network is a trust-minimized communication framework for making generalized message passing scalable, which goes beyond asset transfers as facilitated by the Fund Movr application.
NAOS is a financing solution that allows for collateralization of loans through off-chain assets. The goal is to fix the so-called credit gap and allow for more efficient lending markets by allowing lenders and borrowers to interact in a permissionless way.
Nash is building a non-custodial decentralized payment platform and non-custodial wallet. They are aiming to make DeFi easier for retail users, for instance through building simple to use yield products and solving the fiat-onboarding experience.
Nayms will offer smart contract based tokenized insurance. The Nayms platform creates much needed cover for DeFi risks as well as the broader digital asset market. Tokenization of insurance allows contracts to be easily, transparently, and trustlessly established and traded.
NFTfi allows for taking out a loan by using an NFT as collateral, which is similar to a real-life pawnshop. Users can come onto the platform with NFTs which can serve as collateral for a peer-to peer loan, at terms proposed by the lender. It is a protocol at the intersection of DeFi and NFTs. With the value appreciation of the general NFT market and NFTs making up a growing portion of crypto net worth of users, NFTs are able to play a bigger role in the crypto space, specifically the DeFi space. The NFTfi platform solves the issue of innate illiquidity of NFTs and allows NFT-heavy users to make their digital collectibles more liquid.
Nym is an open-source, decentralized, permissionless and incentivized system that provides full-stack privacy. It allows developers to build applications that provide users with strong guarantees against metadata surveillance, at both the level of network traffic, and the level of authentication and payments.
Odyssey is creating an immersive metaverse environment called Momentum in which collaboration can take place, which can be used to host hackathons, conferences, and classrooms. Digital collaboration has seen tremendous adoption during the recent pandemic, and will likely remain a core digital component of our lives.
Olympus is a floating algorithmic currency. This means that it has mechanisms to promote stability and predictability without directly pegging to any asset. However, Olympus takes it one step further with the introduction of an adjustable policy; the DAO can move certain variables up and down to target growth and profitability or stability and predictability. This positions Olympus as a ‘central bank for DeFi’.
PoolTogether is a decentralized no-loss lottery; previously this concept was known as “prize linked savings accounts”. The protocol allows users to deposit funds, which are then used to generate yield. The generated yield is then used to pay out lottery prizes, without users having to risk losing their collateral.
Potion is a truly permissionless decentralized options protocol that introduces a novel pricing methodology for options on digital assets. Typical option pricing models involve the renowned Black-Scholes model, but this model has limited applicability to volatile crypto assets. Potion introduces an elegant and superior pricing methodology for crypto options, and also facilitates analytics and trading of these options through their AMM.
prePO is a platform that allows users to speculate and trade the valuation of private companies and pre-token projects. Retail investors currently do not have access to trade these types of financial products, so prePO is democratizing this process by offering permissionless and decentralized access to these pre-market products.
Qredo is a decentralized digital asset custodian that provides immediate redemption, eliminates theft of private keys and delivers legal certainty over digital assets held in custody. Multi-party computation (MPC) of private keys is the core of its solution.
Radix is a Layer 1 protocol specifically built to serve the DeFi industry. The platform provides native functions to create and access liquidity pools. It is positioning themselves as a developer friendly and scalable platform.
Redacted is a new addition to the Olympus ecosystem that is leveraging the Olympus mechanics of protocol-owned-liquidity and the bonding of assets into the protocol’s treasury to act as a black hole for Curve ecosystem tokens. The so-called ‘Curve wars’, i.e. the fight for voting power over the liquidity incentivisation gauges of the Curve protocol, have been an important topic in DeFi due to the importance of the Curve ecosystem as one of the backbones of DeFi.
The RedStone team is building the go-to cross chain oracle infrastructure that will be able to scalably service the DeFi ecosystem by providing robust, customizable, and extensive decentralized oracle services.
Runtime Verification is a company offering security audits on virtual machines and smart contracts on blockchains. Security is one of the most crucial aspects of every blockchain-based product, which leads to code auditors being in high demand. Runtime Verification is one of the leading auditors in the industry that has worked extensively with many top projects with a combined market cap of well over $500B.
The Shyft Network is a vital piece of compliance infrastructure for our industry as it provides verification and compliance for actors (e.g. exchanges) in the industry while simultaneously safeguarding user confidentiality. Institutions in traditional finance are typically required to be compliant with KYC and AML regulations, and the FATF recently implemented similar regulations for cryptocurrencies and virtual asset service providers (VASPs), such as exchanges and wallets. Shyft provides infrastructure that allows these VASPs to fulfill their compliance requirements while keeping data anonymous.
Spectral Finance is a protocol for programmable creditworthiness. What this means is that Spectral offers credit scoring based on the on-chain activity of a user or a group of users. This means users can supply a single or multiple wallet addresses they control, have a credit score calculated for them, and use that score in other DeFi applications in order to for instance get better terms on a loan.
Stardust is building middleware technology that allows developers to easily integrate NFTs into their games while allowing users to custody and access these NFTs with fiat and credit card payments in a UX-friendly way.
Superchain is building a network that will index on-chain data for improved access by DeFi dApps and end-users in terms of lowering latency and data reliability. This low latency access to on-chain data is valuable and necessary, specifically considering the maturity of the DeFi industry, as market participants from traditional finance are used to having institutional-grade data access which is characterized by extremely low latency and extreme reliability.
Syntropy is building networking technology that makes the internet user-centric, more secure, scalable and accessible for developers around the globe. As a result of the Syntropy network the internet will become programmable and smart for the first time.
Teller Finance is the first undercollateralized DeFi lending protocol that can offer true credit risk analysis. It is a middleware protocol for DeFi that enables creation of lending markets that interoperate with centralized finance data providers, and aims to bring users offline credit score on-chain in order to facilitate undercollateralized lending.
The LAO is an investment DAO, which acts as a fully on-chain venture capital fund. This means that proposals to invest in certain ventures are decided upon by on-chain voting based on shares in the LAO. Participants in the LAO are experienced founders, builders and investors from the crypto industry, and access to the LAO provides participants with a networking investment and dealflow, while also directly providing broad exposure to different projects.
Tracer DAO is building a platform for decentralized derivatives trading that allows leveraged exposure to digital assets without risk of liquidation. Their main innovation centers around so-called perpetual pools, which tokenizes and automatically rebalances users’ directional positions based on the activity in the market. The team that initiated TracerDAO has been in the industry for years, and they have built up close ties with the Royal Melbourne Institute of Technology, with multiple professors being DAO members.
Visor Finance is building curated strategies on top of Uniswap’s v3 technology. While Uniswap v2 provided users with a set-and-forget experience for liquidity provision, the v3 version has forced users to more actively manage their LP position in order to generate fees. Visor Finance automates this process of liquidity provision for users while allowing them to leverage the capital efficiency of the underlying Uniswap v3 platform. Following an unfortunate exploit, the team chose to relaunch their token and rebranded to Gamma.
Wilder World is a social, interactive, and immersive metaverse platform. Current NFT platforms are static and relatively boring, limited to a traditional 2D viewing experience. Wilder World allows users to show off usable 3D NFTs, such as wearable NFTs of shoes and driveable NFTs of cars.
Zapper is a one stop shop front-end application for DeFi users. For the highly fragmented DeFi world in which users utilize many different projects for lending and borrowing, trading, staking, Zapper provides an integrated frontend that saves users time, effort and transaction fees.
89 Nexus Way
Camana Bay
Grand Cayman KY1-9009
Cayman Islands