Mechanism Capital

Stripchain is an intent-based interoperability standard that enables chain abstraction.

Humanity Protocol is developing Proof of Humanity, a novel feature designed to provide developers with unique-human authentication mechanisms and give users complete ownership over their data and identity.

Holograph, founded in 2020 and based in Los Angeles, specializes in non-fungible token (NFT) technology that allows NFTs to be transferred across different blockchains while ensuring data integrity. The company offers a software platform that enhances minting standards for NFTs and secures cryptocurrency mining through a decentralized and encrypted ledger. Holograph's services include counterfeit prevention, carbon offsetting, and the implementation of secure smart contracts. Additionally, the company provides permanent storage for NFT metadata, continuous royalty payments, and copyright registrations, facilitating a comprehensive ecosystem for individuals to mine, trade, and manage digital assets efficiently.

Runes DEX is the automated market maker for runes on the Bitcoin blockchain. Its platform allows users to create and trade meme-based tokens while also providing novel liquidity solutions and farming rewards.

MyPrize is supported by premier developers and top venture businesses. This is the first online casino powered by cryptocurrency with deep social interaction.

Zeus Network is a cutting-edge and permissionless communication layer platform that connects connects Solana and Bitcoin.

Humanity Protocol is developing Proof of Humanity, a novel feature designed to provide developers with unique-human authentication mechanisms and give users complete ownership over their data and identity.

Anzen creates decentralized finance infrastructure powering the first private credit backed stablecoin

Pixelmon is a decentralized web3 gaming company based in New York that specializes in the development of online video games. The company provides a virtual metaverse where players can engage in trading, cooperate with friends, and participate in battles and training activities. Through its innovative platform, Pixelmon aims to create an immersive gaming experience that combines social interaction and competitive gameplay.

Pixion Games Limited is a pioneering force in the realm of competitive multiplayer gaming, driven by a steadfast commitment to accessibility, enjoyment, and empowerment. Founded on May 2, 2017, by Kam Punia, our company boasts a dedicated team of 50 individuals passionate about revolutionizing the gaming landscape. At Pixion, we believe that competitive gaming should be inclusive and rewarding for all, which is why we've introduced Lunchtime Esports, a new frontier in snackable competitive gaming experiences. Our blockchain-powered platform, Pixion League, not only fosters intense competition but also ensures that players truly own their rewards, embodying our vision of Play-to-Own gaming. With an annual revenue of $2 million, Pixion Games stands as a beacon of innovation, redefining the boundaries of multiplayer gaming one exhilarating match at a time.

Boxed operates as a Web3 loot box platform .

Portals is a platform that makes Web3 simpler by making it simple for anyone to combine intricate DeFi operations.

MetaCRM is a prominent martech company specializing in customer relationship management (CRM) solutions tailored for the Web3 industry. By harnessing the power of AI and blockchain data, MetaCRM offers a suite of tools, including MetaForm, MetaDesk, and Meta Panel, which enable companies to access valuable cross-chain data. These solutions aim to enhance the efficiency of sales and customer success teams, ultimately improving user acquisition and retention rates. MetaCRM's vision is to empower businesses to connect seamlessly with over one billion crypto wallet users, thereby boosting their return on investment in advertising and overall marketing efforts.

MetaverseGo is a decentralized Web 3.0 platform designed to facilitate access to play-and-earn games, guilds, NFTs, and decentralized applications. It aims to simplify the entry for both gamers and newcomers by providing an intuitive experience that allows users to engage with various gaming and blockchain assets using just their mobile number. The platform not only enables participation in gaming guilds and NFT collections but also allows users to utilize their earnings across multiple payment platforms, thereby enhancing asset ownership and connectivity within the gaming industry.

Cantina Royale is a shooter game that allows players to use different NFT collections and take them into PVP and PVE missions. Their 3D Modeling technologies allow NFT Interoperability into the Cantina universe. NFT owners can lease out their digital assets to players and split in-game rewards automatically.

Blast Royale is a blockchain-based play-to-earn platform that allows players to earn Craft Spice while playing matches. The game uses two tokens, the primary token Blast (BLST) and Craft Spice (CS), the in-game P2E token of the Blast Royale Metaverse. BLST is used for trading NFTs on the Blast Royale marketplace and crafting new NFTs, whereas CS has numerous utility uses, including crafting and repairing equipment. Players earn CS by taking part in Blast Royale matches.

Dank Bank is a venture-backed trading platform that specializes in fractional ownership of NFTs representing authentic memes, viral videos, and other iconic moments from internet culture. The platform allows users to collect and trade these fractional NFTs, facilitating investment in the intellectual property of their favorite creators. By connecting fans with the creators of popular content, Dank Bank enables users to support their preferred artists while gaining a stake in their future success. Additionally, users benefit from community perks such as merchandise and tickets to live events, enhancing their engagement with the creators and the broader community.

Allora Labs is a blockchain-based protocol focused on providing reliable appraisals for digital assets, particularly in the realm of non-fungible tokens (NFTs). The company has developed a platform that incentivizes experts to deliver honest insights, thereby facilitating efficient price discovery for NFTs. By compensating these experts for their assessments, Allora Labs not only unlocks new opportunities for professionals in the field but also enhances decision-making for crypto developers. The platform employs machine learning to analyze credible information, allowing users to optimize strategies and quantify risks in the rapidly evolving digital asset market.

Itheum is a pioneering data infrastructure platform that facilitates the sale of valuable personal data to the AI industry, which requires consented data for its growth. The company specializes in blockchain-powered technology that encompasses data tokenization, licensing, provenance, creator protection, and governance. It aims to create a comprehensive framework for the emerging data economy in the AI era. Additionally, Itheum offers a decentralized, cross-chain data brokerage software that helps manage data silos and unlock new value for data. This includes a data collection and analytics toolkit, a decentralized data exchange, and a data metaverse, all designed to equip data creators and consumers with the necessary tools to connect and leverage valuable personal data from the web.

Diagonal is a non-custodial protocol for recurring payments on Ethereum.

Anboto Labs is a crypto execution platform connected to CeFi and DeFi exchanges. They strive to build the number one execution platform, which helps traders remain agile in the rapidly moving crypto market. Anboto Labs supports advanced order types such as TWAP, VWAP and Iceberg, as well as smart order routing, pre- and post-trade analysis and pair trading execution.

BreederDAO is a blockchain technology company specializing in the production of non-fungible tokens (NFTs) for the gaming industry. It functions as an asset factory, focusing on high-volume creation of in-game assets tailored to the needs of major gaming guilds in the Metaverse. By providing a custom API toolkit, BreederDAO enables developers to integrate player-driven economies into their games. The company's offerings include breeding and crafting mechanisms, which optimize asset traits to enhance in-game yields. This approach allows game developers to empower players to generate new assets or NFTs, thereby enriching the overall gaming experience and driving engagement in Play-To-Earn ecosystems.

Atomic Form is a comprehensive digital art and NFT platform that offers blockchain-based solutions for managing non-fungible tokens and Web media. Its multi-chain NFT administration tool, The Hub, allows users to share, discover, and control multiple Atomic Form devices from a single interface. The platform spans various applications, including art, collectibles, and video games, and integrates functionality for cryptocurrency-based hardware. This hardware features a rotatable low-profile wall mount that can be adjusted for both portrait and landscape orientations, providing a seamless experience for users seeking to manage their NFT assets alongside the necessary software solutions. Additionally, Atomic Form has incorporated Nifty Gateway to enhance its offerings.

Hubble Protocol is a decentralized financial platform that facilitates long-term borrowing, lending, and the creation of structured financial products. It aims to democratize access to decentralized finance by offering a range of sustainable financial services. The protocol's software supports multi-asset collateral and enables zero-interest borrowing, allowing users to leverage yield-bearing assets for loans. Additionally, Hubble enhances yield generation on deposits of various tokens, providing clients with optimized financial opportunities while minimizing costs associated with loans.

Burnt Finance operates as a decentralized NFT auction protocol that facilitates the minting and trading of digital assets within a permissionless ecosystem. It aims to address the barriers that hinder the broader adoption of cryptocurrency by creating an inclusive infrastructure. The protocol not only serves as an auction house for digital assets but also supports fundraising, collections, and staking activities. By providing high-speed and low-cost services, Burnt Finance enhances the user experience in the Web3 space, collaborating with like-minded organizations to develop tools and products that promote cultural integration and functionality in the crypto domain.

NEAR Inc. is a technology company that specializes in developing a blockchain protocol designed to facilitate the creation of decentralized applications. Founded in 2017 and headquartered in San Francisco, California, NEAR Protocol offers a secure and scalable platform capable of managing high-value assets such as money and identity. The company provides a range of services, including documentation, wallet, studio, and explorer tools, to support developers in writing, testing, and deploying decentralized applications. By leveraging advanced technology, NEAR aims to bridge the adoption gap for mainstream commercial software, enabling the development of performance-oriented applications across various business sectors.

Hubble Protocol is a decentralized financial platform that facilitates long-term borrowing, lending, and the creation of structured financial products. It aims to democratize access to decentralized finance by offering a range of sustainable financial services. The protocol's software supports multi-asset collateral and enables zero-interest borrowing, allowing users to leverage yield-bearing assets for loans. Additionally, Hubble enhances yield generation on deposits of various tokens, providing clients with optimized financial opportunities while minimizing costs associated with loans.

Platypus Finance is a decentralized finance (DeFi) protocol that offers a new mechanism for Automatic Market Makers (AMM) for stablecoins to optimize capital efficiency.

XY Finance is a developer of an innovative aggregator that facilitates cross-chain exchange services, comprising two main components: X Swap and Y Pool. X Swap enables users to perform cross-chain transfers and exchanges seamlessly, while Y Pool offers liquidity solutions that enhance the efficiency of transferring crypto assets across different blockchains. Additionally, XY Finance provides a customizable widget designed for easy integration into decentralized applications (DApps), creating a unified user interface that simplifies cross-chain operations. By leveraging its composable APIs, XY Finance ensures users have access to comprehensive cross-chain functionalities and optimized web3 execution services, ultimately broadening user accessibility across various blockchain networks.

C3 Exchange operates a self-custodial trading platform that facilitates the buying and selling of spot and derivative assets. The exchange combines the advantages of self-custody and decentralization with the performance and accessibility typically associated with traditional trading platforms. Its innovative clearing engine protocol allows for cross-margin and cross-collateralization, enabling traders to optimize their capital usage by calculating margin requirements across all open positions in their accounts. Through this approach, C3 Exchange aims to enhance the trading experience while maintaining user control over their assets.

Mara is a platform for Africans to learn through, while leveraging, blockchain technology to build digital wealth. The company empowers Africans to develop financial literacy so they can take the greatest possible advantage of the numerous opportunities available in the digital economy. The Mara wallet allows users to easily buy, sell, earn, withdraw, and protect their assets - including cryptocurrencies such as Bitcoin, Ethereum, and Mara Token - in real time. Mara was founded in 2021 and is located in Nairobi, Kenya.

Genopets is a mobile game that combines elements of fitness and gaming through a Free-to-Play, Move-to-Earn model. Players nurture a digital pet whose development is directly linked to their physical activity, as the game tracks steps taken via smartphones and wearable fitness devices. By engaging in everyday activities such as walking or jogging, users can earn cryptocurrency while exploring, battling, and evolving their Genopets in the virtual world known as the Genoverse. The game fosters a sense of emotional connection between players and their digital companions, reminiscent of traditional pet care experiences, thereby encouraging a more active lifestyle. With its unique approach to gamification, Genopets aims to motivate individuals to prioritize their health through engaging gameplay.

Ardana is an on-chain asset backed stablecoin protocol and decentralized exchange stable asset liquidity pool built on Cardano. The stablecoin is overcollateralized with on-chain Cardano native assets facilitating borrowing and the decentralized exchange allows for highly capital efficient trading between stablecoins and identical assets with low risk income from fees for liquidity providers.

OPgames is a suite of tools that enables game developers to provide mini esports experiences to their players through tournaments and PvP matchups with crypto as buy-in and pay-outs.

XDEFI Wallet is a non-custodial cryptocurrency wallet that enables users to securely store, send, and swap digital assets, including NFTs, across 30 different blockchains. The wallet is designed to facilitate interaction with various decentralized finance (DeFi) protocols, making it a vital tool for users looking to engage in the growing DeFi ecosystem. With over 200,000 users, XDEFI Wallet provides a user-friendly platform that allows seamless access to decentralized marketplaces and NFT applications directly through web browsers. Its chain-agnostic capabilities and robust features position XDEFI Wallet as an essential resource for individuals participating in the evolving landscape of digital finance and asset management.

NGRAVE is a company that specializes in providing a comprehensive solution for managing cryptocurrency securely. It has developed a hardware wallet that ensures private keys are never exposed, maintaining their security by keeping them completely offline during key generation and transaction signing. This design protects against malicious hacking and online threats, allowing users to store their cryptocurrency safely. NGRAVE's offerings include a hardware wallet and a key backup system, positioning the company as a leader in secure crypto management solutions.

Chainflip is a decentralized cross-chain swapping protocol that facilitates the trustless exchange of cryptocurrencies between different blockchain networks. The platform is designed to enable users to trade assets directly without relying on a trusted intermediary, thus ensuring a secure and efficient transaction process. Utilizing advanced technology frameworks such as Rust, Chainflip allows for anonymous and permissionless swaps, eliminating the need for additional software, collateral, or wrapped assets. This innovative approach empowers investors to move funds seamlessly across various blockchains and ecosystems, providing a streamlined solution for cross-chain asset management.

Highstreet is a commerce-centric metaverse that operates on browsers and native PC VR, aiming to connect the physical and digital worlds. The platform enables users to explore a vast virtual environment, form parties, and own and expand their virtual estates. Highstreet allows users to purchase tokenized products from various brands, facilitating interactive transactions through non-fungible tokens. By combining elements of gaming and e-commerce, Highstreet seeks to redefine how financial products are marketed and consumed, creating a unique and immersive shopping experience.

Loda.fi is a lender that accepts crypto as collateral.

TokenScript is a new tokenization standard that will deliver a more integrated web. A token-centric middleware that connects the scale of Web2 with the promise of Web3.

Yield Guild Games (YGG) is a decentralized autonomous organization founded in 2018 and based in Quezon City, Philippines. It focuses on investing in non-fungible tokens (NFTs) utilized in virtual worlds and blockchain-based games. YGG aims to build a robust virtual world economy by optimizing community-owned assets for maximum utility and sharing profits with its token holders. Additionally, the organization acts as a venture capital firm, investing in early-stage token and equity deals in the web3 space, as well as supporting gaming studios and the related infrastructure that fosters industry growth.

Divergence Protocol is a decentralized platform for composable crypto options and volatility derivatives.

Pontem Network is a product studio focused on creating foundational decentralized applications (dApps) for the Aptos blockchain. Among its offerings is the Pontem Wallet, a secure wallet available on major platforms such as Chrome, Firefox, iOS, and Android, enabling users to store and send tokens on Aptos. The wallet integrates with several key services, including the Liquidswap decentralized exchange, Topaz and Souffl3 NFT marketplaces, and various liquid staking and lending protocols. In addition to the wallet, Pontem Network provides tools for developers, including the Move Playground code editor, the Move IntelliJ IDE plugin, and ByteBabel, a Solidity-to-Move code translator. These products facilitate the development and testing of dApps, enhancing the functionality and interoperability of the Aptos ecosystem.

Set Labs is focused on advancing the field of finance through innovative cryptocurrency asset management solutions. The company develops a protocol that enables the creation and exchange of collateralized baskets of tokens, utilizing smart contracts to facilitate the bundling and unbundling of various crypto assets. This technology allows users to efficiently create cryptocurrency baskets, which can include a mix of ERC20 tokens, non-fungible tokens, and on-chain securities. By providing tools and specifications for developers, Set Labs aims to simplify the process of asset management in the blockchain space, promoting a more accessible and flexible financial environment.

Alice is a decentralized finance mobile application that enables users to send money to friends. The app is powered by an automated and decentralized interest-rate protocol that cuts out middlemen to offer direct access to DeFi. Alice is backed by Arrington Capital, Do Kwon, Mechanism Capital, and Accomplice Blockchain. It is based in Los Angeles, California.

Burnt Finance operates as a decentralized NFT auction protocol that facilitates the minting and trading of digital assets within a permissionless ecosystem. It aims to address the barriers that hinder the broader adoption of cryptocurrency by creating an inclusive infrastructure. The protocol not only serves as an auction house for digital assets but also supports fundraising, collections, and staking activities. By providing high-speed and low-cost services, Burnt Finance enhances the user experience in the Web3 space, collaborating with like-minded organizations to develop tools and products that promote cultural integration and functionality in the crypto domain.

Pendle Finance is a decentralized finance protocol that allows users to tokenize and sell future yields.

Developed by an experienced team of blockchain designers, BENQI is a protocol to unlock greater liquidity within the defi market. BENQI enables defi users to make their assets work harder to generate additional yield. Built on Avalanche’s high speed smart contract network, BENQI will evolve into a cross-chain defi hub that’s positioned at the heart of decentralized finance.

BENQi is built on Avalanche combining elements of defi and tradfi to create a liquidity protocol. BENQi aims to bridge Ethereum, Polkadot, and Binance Smart Chain through Avalanche's subnets by becoming a cross-chain defi.

Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications.

NAOS Finance is an operator of a decentralized finance platform that aims to give a decentralized alternative to traditional finance. Its platform facilitates both Defi lenders and SME borrowers to interact in a permission-less manner on the blockchain and enables the origination and funding of loans without traditional intermediaries, enabling lenders to get stable and recurring income streams while also connecting the on-chain world with bigger off-chain opportunities.

XDEFI Wallet is a non-custodial cryptocurrency wallet that enables users to securely store, send, and swap digital assets, including NFTs, across 30 different blockchains. The wallet is designed to facilitate interaction with various decentralized finance (DeFi) protocols, making it a vital tool for users looking to engage in the growing DeFi ecosystem. With over 200,000 users, XDEFI Wallet provides a user-friendly platform that allows seamless access to decentralized marketplaces and NFT applications directly through web browsers. Its chain-agnostic capabilities and robust features position XDEFI Wallet as an essential resource for individuals participating in the evolving landscape of digital finance and asset management.

SIREN is a distributed protocol creating a decentralized blockchain exchange for options trading on Ethereum. The company is focused on creating a high-quality, seamless experience for sophisticated users and requires no third-party settling mechanism or order matching to complete option settlement on-chain. It allows for both buyers and sellers to mint, buy, and trade in and out of options positions at any time. SIREN was founded in 2020 and is based in San Francisco, CA.

Nansen Limited, founded in 2019 and based in Wan Chai, Hong Kong, develops a software as a service blockchain analytics tool. This platform enhances on-chain data by incorporating millions of wallet labels, providing crypto investors with valuable insights. Users leverage Nansen to identify investment opportunities, conduct due diligence, and monitor their portfolios through real-time dashboards and alerts. The company's focus on combining on-chain data with comprehensive analytics positions it as a vital resource in the cryptocurrency market.

Horizon Finance is a platform focused on decentralized interest rate markets and protocol cash flow markets. It allows users to deposit their funds and compete for preferential payment by capping their yield, thereby outperforming or underperforming the benchmark interest rate.

Frontier is a web wallet that offers security services for managing NFT collections, cryptocurrency, and decentralized finance (DeFi). The company has developed a decentralized finance aggregation platform that connects users with essential DeFi tools across various blockchain platforms. This platform facilitates protocol tracking and management, staking, asset swapping at competitive rates, liquidity provision, and the creation and monitoring of collateralized debt positions (CDPs). Frontier aims to enhance user experience and accessibility in the rapidly evolving landscape of decentralized finance.