Follow setup guide:
2 out of 4 signers:
- 2 people, 1 of whom is full time core team
- 3rd person: giv/peter/li (can veto)
- 4th person: li (silent)
Project Y: Spot Grants & Social Tokens for Scholars
d1: matt-boris (giv)d2: adrian-danny (li)d3: zi-hakwan (giv)d4: leo-vera (peter)d5: daniel-mikey (peter)d6: rongjian-ganesha (li)d7: sam-devin (giv)d8: aaron-jack (li)d9: ganesha-rachel (li)d10: leo-lingjie (giv)d11: boris-gabby (giv)d12: sam-noura (li) d13: jack-ed (li)li 1: 0x51B89211F93c2efcf6D5B836a78DBA265e6F5e93 (metamask mobile)
li 2: 0x7Df8F9aaC79f137355f52DFBa047fcA04F8Dc51e (metamask brave)
Name | Forum Link | Category | Status | Type | Amount (K) | Description |
---|---|---|---|---|---|---|
DeFi | Funded | Investment | $305K | Hermes DeFi is an easy to use and powerful decentralized finance platform that empowers users to build their wealth through liquidity aggregation services and our native Harmony reward token, PLUTUS. After a successful launch on the Polygon blockchain with our IRIS governance token, our team identified Harmony to be the home of our second token, PLUTUS. | ||
DeFi | Approved | Investment | $445K | Jia is the decentralized bank for businesses in emerging markets. We are solving a $5 trillion global crisis by building a decentralized bank for financially under-served MSMEs in emerging markets while Leveraging Web3 innovation. | ||
DeFi | Funded | Investment | $250K | Autarky Finance is building a Defi platform for asset trading and wealth building for the masses. It will initially start with options trading capabilities for Crypto tokens from multiple layer 1 and some layer 2 tokens. | ||
MuseDAO | DAO | Approved | Launch Grant | 10 | Muse DAO is a decentralized group for managing intellectual property in performing arts and screenplay and for producing plays, tv shows and movies in different formats to bring those industries to blockchain and web3. | |
ParaCity | MetaVerse | Approved | Launch Grant | 10 | ParaCity is a Metaverse platform for planning from performative and sustainable architecture/urban design. The project arises from architectural and urbanistic expertise, responding to an emerging field among the virtual reality that expands the possibilities of contemporary and participatory design. | |
Web3-Ghost-Template | Infra | Approved | Launch Grant | 10 | Web3-Ghost-Template an opensource web3 client that consumes the content of a headless CMS and displays information based on the tokens you have or your activity in blockchain. This functionality enables the gamification of communities and their effective use, being able to discriminate access to content based on the behavior of each user to the community, having been all recorded in the blockchain. | |
Dipii | NFT | Approved | Launch Grant | 10 | Dippii is a platform that creates NFTs with a single click. Users are not required to use crypto or to connect with a wallet in order to do the minting. We want to be the “Canvas of NFTs,” allowing anyone from outside the NFT space to simply participate (teens, people without access to purchase crypto). We are in negotiations with the legal tenders of Amy Winehouse images to create a 10,000 NFT collection minted in our platform as part of our go-to-market strategy. | |
Block to Basics | Impact | Approved | Launch Grant | 10 | An Introductory Blockchain Kamp for Kids. Immersion of 5,000 children in blockchain curriculum to drive digital literacy & adoption of blockchain technology | |
SpectrumX DAO | DAO | Approved | Launch Grant | 10 | A space for autistic people and everybody who is affected by or feels empathy for people on the spectrum. We want to start SpectrumX DAO for those people to feel free to create, to be heard and to find new ways that can get them closer to their biggest dreams. | |
TucSac | GameFi | Approved | Launch Grant | 10 | Tucsac es una red social 3.0 la cual recompensa a sus usuarios por sus interacciones y protege sus datos de terceros. Actualmente Tucsac cuenta con más de 7.000 Usuarios de los cuales el 90% son activos. En Tucsac nos enfocamos en crear un ecosistema donde los usuarios se sientan a gusto y crezcan. Tenemos una academia de formación dónde iremos implementando diferentes cursos de diversas ramas como por ejemplo: Blockchain, NFT, metaverso, criptomonedas, economía y finanzas, impuestos, diseño, marketing online, etc… | |
MetaVerse | Funded | Investment | $400k | LootMogul is a multiverse blockchain gaming platform for sports influencers and fans to engage. Sports influencers from NBA, WNBA, NFL, MLB, NHL, ICC, Olympics, etc. lead the fan engagement model in our metaverse through gaming, unrivaled experiences, NFTs, and crypto tokenomics. | ||
MetaVerse | Approved | Investment | $200K | Incubated by Bondly and Animoca Brands, Metaprints develops metaverse land experiences at scale. Metaprints works with brands to create a blueprint for metaverses, and through its network of creators will enable brands to create bespoke assets across multiple metaverse platforms at once. | ||
DeFi | Approved | Launch Grant | $50k | Valorem Options V1 is a DeFi money lego enabling writing covered calls and covered puts. These will be physically settled, American or European style options. All written options are fully collateralized against an ERC-20 underlying asset and exercised with an ERC-20 exercise asset | ||
Infra | Approved | Launch Grant | $50k | Tellor is an oracle protocol that is a transparent and permissionless way for smart contracts to easily get any data whenever they need it. | ||
DAO | Funded | Investment | $20K | The Vegan Africa DAO will drive the marketing efforts of the Vegan Africa Fund network through strategic marketing and NFT launches. | ||
DAO | Funded | $50K | Through online classes and in-person workshops, the Harmony NFT DAO seek to improve the quality of current NFT creators in Harmony, as well as encourage a larger uptake of new creators to enter the ecosystem and bring in more collectors. | |||
NFT | Funded | $20K | Chilibangs is a community of like-minded people who aim to use NFT technology to invest in education, organize events for artists to display and sell their art, raise funds for social causes, and give a better virtual experience by combining NFT art with AR technology for the purposes of education and entertainment. | |||
DAO | Funded | $10K | Our vision is to bring new forms of value trough Multi-chain strategies and participation in governance. We aim to create a fair and equitable distribution of ownership, value and control. Progressive autonomy with a community sense of ownership. Sustainability and strategies that bring value for all the Waru members. | |||
DAO | Partially Funded | Investment | $500k | GoldenDAO is an engaged, collaborative, and impact-focused community. Our mission is to launch a DAO to collectively advance AAPI solidarity and empowerment through real-world events + gatherings, and web3 infrastructure + initiatives. Community values are hinged upon supporting the Asian community. | ||
NFT | Approved | Launch Grant | $50K | NFT² is the project that aims to fully explore the potentials of NFTs, more than just static crypto assets. NFT² Elite Pad will be the first product developed by NFT² that will help address the whitelist - currently the most pain point in NFT industry. | ||
NFT | Approved | Launch Grant | $50K | MongolNFT is the #1 NFT marketplace in Mongolia. Our platform makes it incredibly easy for anyone to create, buy, and sell NFTs, because we handle everything technical. | ||
MetaVerse | Approved | Launch Grant | 100 | The Harmony verse is a full scale Metaverse designed to benefit all of the different companies building on harmony as well as the harmony ecosystem herself. | ||
MusicVerse-TAP | MetaVerse | Approved | Investment | 100 | Tap is a parallel universe where fun loving people come to play music and music games. They are building a musicverse, filled with entertainers and entertainment | |
SoCol | NFTInfra | Approved | Investment | 500 | Empowering creators and fans to build communities. the first web3 social platform. Founded by Irene Zhao and Ben | |
Atomic | Infra | Posted | Investment | 100 | From wallet to wallet, seamlessly aggregate and display NFTs. | |
NFT | Funded | Investment | $100K | HypeX is a web3 platform that is heavily focused on building next-generation technology for the digital world. Smart contract-enabled NFTs have a myriad of capabilities that will drastically change how people interact with each other. | ||
Infra | Funded | Investment | $100K | WISP Token is a blockchain-based internet service incentive token for the future of wireless internet! Using the latest cellular and radio technology, WISPs can provide high-speed broadband access in large areas at a fraction of the cost; especially in remote areas. | ||
MAD | NFT [NFT Marketplace and Metaverse] | NFTMetaVerse | Funded | Investment | $550K | The Worlds most exclusive NFT platform for Art, Music, Sport and influencers. We aim to give artists the shop window they need and deserve to finally get rewarded for their creativity. We do this by getting the artists to tell their story, and provide verifiable social media links, giving investors the information they need to determine who they feel may rise to future prominence allowing them to choose carefully. | |
Infra | Posted | Investment | $350K | Reference Protocol is a decentralized, multichain Web3 assets data layer that provides easy to consume, standardized on-chain Web3 asset data aggregated from various blockchain networks and marketplaces, for anyone building Web3 asset applications. | ||
DAOInfra | Partially Funded | Investment | $100K | Our vision is to be the leader in solving problems for DAOs, their members, and Web3 explorers. Think LinkedIn + Glass door + Trello for DAOs. We will be the go-to platform for managing, analyzing, joining, and growing DAOs in all ecosystems. | ||
ImpactNFTDAO | Funded | Launch Grant | $55K | “Every Time I Definitely Would” will be a 6-8 minute short animation film that kickstarts my Web3 platform, where Athletes can own their IP, and have a more ethical and equitable outlet for creative expression. | ||
NFTMetaVerse | Funded | Launch Grant | $20K | SAN is a first-of-its-kind Web3 physical technology project the eligantly blends technology, community, design, and music. The team is comprised of some of the most impressive non-web3 and web3 designers, artists, and engineers. Prior team work experience, includes Monster, Beats by Dre, Apple, and Uber. | ||
MAD | NFT [Financial Handler] | NFT | Posted | Launch Grant | $20k | Funding to support MAD NFT on-boarding of a financial handler. | |
Payments | Posted | Investment | $250K | C14’s mission is to enable users across the world to seamlessly enter and exit the crypto ecosystem. C14 is building an e-commerce-like platform that can be deployed across projects (exchanges, wallets, dApps, etc.) to enable easy ramping in and out of digital assets. | ||
DeFi | SignedApproved | Investment | $250K | Deepwaters is a market-responsive Automated Market Maker (MRAMM) based Decentralized Exchange (DEX) with automated underwriting, collateralization, risk management, and auto-rebalancing. It seeks to solve a number of challenges that have been presented to the industry by the latest evolution of AMM based DEXs called Concentrated Liquidity Provision (CLP). | ||
Infra | Posted | Investment | $250K | We are working on foundational privacy infrastructure for the Web3, and the digital world in general, by creating an incentivized mixnet that allows for the private transmission of any kind of data while providing full transport level metadata privacy for both sender and recipient. | ||
NFT | ApprovedSigned | Investment | $50K | Protego is building risk assessment systems for NFT and blockchain interactions. Our platform will act as the compliance layer in a Metaverse future. Imagine making a Metamask Ethereum transfer, buying an Armour NFT in Metaverse, etc., and getting a risk assessment of the interaction even before it happens. | ||
Infra | Posted | Investment | $200K | ZKmaps enables users to prove their location within a bounding area, GEOfencing, without disclosing their exact location using ZK snarks. This project was developed during ETHDenver 2022 and won along with 30 finalists, and received the 4th place in funding the Quadratic founding voting of the community. | ||
Infra | Posted | VR-as-a-service platform | ||||
GameFi | Posted | Investment | $250K | GameFi Crossing (GFX), formerly known as Freyala, is currently going through an intense rebrand. GFX is determined to bring traditional gaming to Web3, from idle browser games to full-fledged 3D modeled executables - bringing Web3 to the next level. | ||
NFTGameFi | Funded | Investment | $250K | Mars colony is an NFT-land based GameFi project which will be complete with NFT avatars, plot/quests, land upgrades, and more. A thorough in-game and cross-chain DeFi ecosystem with a DEX, stablecoin, and lending/borrowing platform are being built into the platform as well. | ||
NFTInfraMetaVerse | Funded | Investment | $550K | eVerse is a landscape video social application and a first use case of how the eVerse.tv platform can be used. We are building for the long term, with elements of our development roadmap looking out for years to come. The team is led by talended individuals coming from Microsoft, Adobe, Paramount Pictures, and more. | ||
Impact | ApprovedSigned | Investment | $350K | EthicHub is an ecosystem to boost and secure impactful financial inclusion for smallholder farmers in a win/win model where all stakeholders benefit from interacting. | ||
Impact | Approved | Investment | 200 | Charitable giving marketplace & ESG platform for companies, to be deployed on web3 | ||
Infra | Funded | Investment | $200K | Morphware crowdsources latent computing capacity from gaming rigs to train machine learning algorithms. Gaming rigs running Morphware bid on workloads posted the network in a sealed-bid auction and are compensated in MorphwareToken currently live on Ethereum mainnet and will be porting to Harmony. | ||
DAO | Approved | Launch Grant | $20k | Proof (https://www.myproof.xyz/) turns your wallet into your web3 contribution profolio. Proof allows people to mint NFT to prove their on-chain verified proofs of work. It allows contributors to quickly showcase their capabilities through work NFT to DAO organizers. | ||
GameFi | Approved | Launch Grant | $50K | MetaCraft: community-driven & play-and-earn gaming metaverse platform | ||
Infra | Approved | Investment | 250 | Harmony DID Service and the Integration with Harmony Naming Service | ||
MetaVerse | Posted | Investment | 50 | TCG World is the largest open world blockchain based game where players can earn TCGCoin 2.0, gather NFT collectibles, own virtual real estate, create, explore the game world, control their own online businesses, or just have fun. | ||
Q & A
Q: Can my other co-investor be a Harmony contributor? Or anyone from the community?
A: Pick 1 person from the core full-time team to form a 2-of-3 multisig with the 3rd person being li/giv/peter.
Q: We’ve formed a team and we have a multisig wallet configured. Now what?
A: Time to draft your investment thesis and post it on the forum. the first step for giving out grants/investment is also write out your own bio, focus, theses on /forum. you need to “sell yourselves” as well. Example here. Complete test transactions and ping Li for initial funding.
Q: We’ve found a team we really like, how do we move forward?
A: As an investor, it’s up to you to perform due diligence on the team to make sure it is aligned with your investment thesis. Like any startup investment, it is recommended to consider some of the following areas: Risks, Technology, Product/Solution, Competition, Market Opportunity, Financial/Funding strategy. Ask yourself if the team can execute and solve a much-needed problem. See this due diligence checklist.
Q: We’ve done our research and want to invest in a team. How much should we invest?
A: Each team decides allocation per project.
Q: I don’t understand the 20% bonus split. How will that work?
A: Harmony will calculate the realized gain of your investment between the initial investment and 12/31/2022 and pay 20% of the increase as bonus, to be split amongst the two teammates on each project x team.
- Payment: preference is ONE. only in stablecoins and other crypto if they require.
- If they don’t have a product: must have done similar products before, or come from similar industry, or have a great deck / proposal
- Seed funding: $2-5m is typical, valuation at $10m, usually want around 6-10 partners, equaling 200k each partner. 2nd round valued at 2x or 2.5x more. Must have extraordinary product if they start valuation at 20m 1st round / 50m for 2nd round
- Lead investor has majority % of funding
- Separating project x from regular grants: can direct projects to apply regardless if they fit into project x teams
- 100k Individual Grants: DAOs = 10k ; Launch Grants = 50k ; direct projects to apply on talk.harmony.one and then comment on post for approval
🤯 Project X
- Recruit and onboard full-time core teams & fellows
- earn $35K bonus per a core team (4 strong yes to hire)
- earn $10K bonus per a 6-month fellow (2 strong yes to mentor)
- Your Career: To Yearn for the Vast and Endless Web3
- Dispense $100K grants to individuals or ideas new to Web3
- grant $10K to any person to form a “social token 🦋” 3-governor DAO
- grant $50K to any project to launch on mainnet as a 5-governor DAO
- no need for team approval (your sole decision with a forum post)
- Harmony Grants and Investments (Paused)
- Co-invest $1M to teams or projects
- pick 1 person from the core full-time team to form a 2-of-3 multisig
- split 20% bonus among the 2 persons, out of valuation gain by the end of 2022
- write out a proper investment thesis on our forum
- Li, Peter or Giv holds a multisig and has the veto power
- Growth Metrics for Network & Ecosystem
- Purposes: for our team and community
- to engage with ethereum and web3 projects broadly in denver
- to align interests and incentives with people we enjoy spending time over days there
- to close deals in person with multiple touch points before the trip is over
- Harmony in 2026: Scaling Web3 via ZKP & DAO
- Terms:
- must complete fundings by the end of ETH Denver (2/24 thur)
- must meet the hires, grantees or investees in person in Denver
- setup Gnosis multisig safes by 2/8 tue to receive $20k initial funds to dispense as grants or investments; all custody of funds must use metamask on 3+ devices (phone, ipad, laptop)