A multi-tier approach to capturing value from web 3.0

Redsan Partnership – Early Stage

Our early-stage category is characterized by crypto projects in their seed phase that are only accessible through private channels. These projects have demonstrated solid fundamentals to evolve into valuable crypto assets following their public price listing.

As part of our early-stage portfolio, we have identified the following projects. 

DoinGud

DoinGud is an NFT ecosystem focused on inspiring creativity and fostering positive social impact. This Web3 social marketplace provides next-gen tools to empower the community to create, curate, collaborate, and connect with one another in the digital space. DoinGud stands out as an early-stage investment with a unique value proposition in the NFT space.

Website: https://doingud.com/

Umee

Umee offers a new approach to debt financing facilitating a lending platform aimed at offering universal cross-chain DeFi functionality that combines the strengths of blockchain architecture with the fundamentals of traditional debt markets. Its mission is to simplify debt access, reduce costs, and mitigate risk for both lenders and borrowers, promising efficiency and eliminating friction in the world of finance.

Umee’s goal is to be positioned as the most programmable, safety-first lending algorithm built as a blockchain. As a base layer blockchain, applications and money lego primitives can be built on top of Umee to access cross-chain leverage, liquidity, and debt instruments. The Umee Blockchain facilitates interoperability between the Cosmos ecosystem, Ethereum, side chain architectures, layer two scaling solutions, rollups, and alternative base layer protocols.

At $200t, the global debt market is the largest financial market in the world. Umee’s Web3 technology aim is to support the global debt market eliminating the risk, cost, and inefficiencies associated with centralized intermediaries. While Web3 is currently short-term focused, bonds will help shift focus towards long-term building and growth.

Website: https://www.ux.xyz/

Subsocial

Subsocial is a versatile, open platform for creating decentralized, censorship-resistant social networks and marketplaces. Subsocial’s goal is to disrupt existing social media platforms by offering solutions to their endemic issues. These include global censorship, lack of customization, unfair monetization, inconvenience of use and monopoly on network effects.

Built on the Substrate blockchain framework and using IPFS for decentralized file storage, Subsocial empowers users with personalized, SEO-friendly content sharing options. Subsocial enters the early-stage investment scene with a versatile and open platform for decentralized social networks and marketplaces. Subsocial’s commitment to censorship resistance and user empowerment makes it a compelling investment.

Subsocial has secured the support of the Web3 Foundation and the Polkadot/Kusama community.

Website: https://subsocial.network/

Picasso

Picasso is an infrastructure layer pioneering interoperable DeFi solutions. Picasso houses a suite of modular and interoperable Substrate pallets. Its value proposition lies in its ability to facilitate seamless communication and interaction between different DeFi protocols, thereby fostering greater efficiency and collaboration in the ecosystem.

As a cross-chain hub, Picasso serves as an L1 (Layer 1) for an extensive array of core infrastructure pallets. Developers can leverage these primary pallets as vital “building blocks” to architect higher-order functionality applications, specifically tailored for their end-users.

By architecting Picasso to become a hub for pallets that encompasses all major DeFi primitives and ecosystem components, users will be able to build whatever is needed within the ecosystem.

Picasso has set out to create a much-needed cross-chain hub, to unlock wide-ranging opportunities in DeFi and enable applications to have true interoperability across different chains.

Website: https://picasso.xyz/

De.Fi (previously DefiYield)

De.Fi is a security-focused, cross-chain decentralized network and multi-chain digital asset management platform. By developing an automated smart contract security scanner and a unique crypto asset management dashboard, it seeks to make the DeFi space safer and more efficient. De.Fi sets itself apart with a strong emphasis on security in the cross-chain decentralized network space to provide tools for investors to safely, securely and confidently access the benefits of yield farming.

Website: https://de.fi/