2023 is a year to be proud of and move forward boldly for IOSG Ventures. We strategically held a total of 4 Old Friends Reunion events in Denver, USA @EthDenver, Paris @EthCC, Singapore @Token2049 and Istanbul @Devconnect, with more than 50 top projects and founders participating, strengthening our relationship with the investment portfolio and Connections with industry developers help IOSG invest companies gain visibility in markets in the Americas, Asia, the Middle East and Europe.
In addition to our successful global activities, we are also embracing new opportunities and investing in various areas including Staking and Restaking, Data Availability (DA), Layer2 Rollups, etc. groundbreaking projects.
In this challenging year, IOSG Ventures has not only remained stable but also thrived, successfully investing in Restaking-related projects. @EigenLayer is a middleware protocol leader that rethinks security and scalability, potentially changing the way networks implement and utilize consensus security.
@Celestia has become a pioneer in the field by introducing a modular approach to blockchain architecture that focuses on data availability. Improvements in data availability further enhance the scalability and efficiency of blockchain, especially for Layer 2 solutions.
IOSG Ventures led Ingonyama’s $21 million seed round, and Ingonyama develops and delivers solutions that are among the best in the industry in terms of performance Outstanding. The dedicated hardware chips they developed can more effectively perform ZKP-related intensive computing tasks, accelerate the performance of computing processing, further reduce delays and costs, and become an industry benchmark.
In addition, this year we led @Gelato, who not only pioneered the automation business and dominate the market, but also built Gelato Relay, which significantly reduced the cost of Gas fee costs and makes transactions more user-friendly. In 2023, they launched Web3 Functions and Rass, and we believe they will become one of the largest technology stack players in this space.
The gaming industry has become one of the bright spots this year, and our commitment to the gaming ecosystem has never wavered. We support trailblazers like @Treasure, @Shrapnel, @Bigtime Studio, @The Beacon, @Dynasty, and full-chain game studio @Playmint. We are particularly excited to organize our annual Old Friend Reunion event, with the theme "Autonomous World" to explore the potential of FOCG.
Looking forward to 2024, we aim to remain in cutting-edge exploration and lead the market. During this pivotal year, we will actively push the boundaries of possibility, explore new horizons, and welcome anyone with amazing ideas to share them with us.
About IOSG Ventures
IOSG Ventures started in 2017 Investment layout in the encryption industry, and an early investor in the main vertical areas of Web 3.0. As an industry research and community-driven native crypto fund, we have long been committed to the development and innovation of the industry together with excellent early-stage projects and protocols. Our portfolio includes a range of creative and high-potential projects such as ZKRU (Scroll, StarkWare, Arbitrum, zkSync, Taiko), Security Auditing (Runtime Verification, Hexens), MEV (Flashbots, Blocknative), DeFi/NFT-Fi ( 1inch, MetaMask), FOG (Big Time, Playmint), and industry-leading projects such as Arweave, Cosmos, Celestia, EigenLayer, Scroll, zkSync, Nil Foundation, and Mina.