AVATARDAO 2024: The Transformation and Turnaround from Investing in the Future to Shaping the Future
DAO Fund I has invested in 11 different tracks of crypto projects covering AI, DApp, GameFi, NFT, Wallet, Airdrop tools, etc. All project sources and investment decisions are provided and jointly voted on by DAO members.Author: AvatarDAO
AvatarDAO Vision
AvatarDAO is pursuing a more equitable wealth revolution, and we are building a global decentralized investment framework. The vision of AvatarDAO is to create an open investment platform that allows every investor to become a key decision-maker in the Web3 world, collectively driving the future development of the industry. At AvatarDAO, we are not just investing in the future; we are shaping the future.
AvatarDAO Progress Overview
AvatarDAO Fund I
Fund I was launched in April 2022, and after 3 months of efficient LP member development, Fund I raised $2 million from 30 industry veteran Builders.
As of now, DAO Fund I has invested in 11 different tracks of crypto projects covering AI, DApp, GameFi, NFT, Wallet, Airdrop tools, etc. All project sources and investment decisions are provided and collectively voted on by DAO members. Through in-depth communication with different types of founding teams, most projects were able to enter in the early seed rounds, with the total market value of investments growing by 1.8 times, steadily progressing.
The portfolio includes:
- Anima.supply
- Bitizen Wallet
- Cyberconnect
- Lifeform
- Muverse
- Polkastarter (Game3S.GG)
- SkyArk Chronicles
- Ultiverse
- Unemeta
- UXUY
AvatarDAO Operational Data
Core operational team of 5 people, core contributors of 20 people, and builders of 178 people.
The efficient operational funding model and cost control reflect AvatarDAO's strong competitiveness and advantages as a DAOVC.
The following are some data displays:
- Cumulative project seminars: 40+
- Cumulative projects reached: 330+
- Cumulative Twitter followers: 27,500
- Discord community members: 6,700+
- Cumulative online events: 68, with a peak online attendance of over 1,000
- Offline events: Held events in multiple core cities around the world (Hong Kong, Tokyo, Singapore, Seoul), actively participating in global industry community building.
- Media columns: 49, covering various sections including project research, industry events, investment reports, etc.
Global Community
AvatarDAO is actively expanding into global markets, building an international team with local teams in the following cities. We welcome you to contact us and schedule a meeting.
- Dubai
- Hong Kong
- London
- Shanghai
- Singapore
- Seoul
- Tokyo
Risk Management and Monitoring
- Project Due Diligence: Employing forward-looking tracking analysis and in-depth project evaluations to ensure the accuracy of investment decisions.
- Revenue Exit Strategy: Establishing an exit management team and exit executors responsible for decision-making, evaluation, and monitoring of revenue realization.
- Data Monitoring: Real-time monitoring of industry security events and data to protect assets from unforeseen events.
AvatarDAO 2024
Plans
- AvatarDAO Fund II will open for applications.
- We will continue to explore outstanding projects in fields such as AI, DeFi, Infra, CEX, BTC ECO, etc., and help them achieve success through our strong global collaborative DAO network.
- Global network expansion. Organizing more industry events in cities like Dubai/Singapore.
- Expansion of high-quality talent teams and members.
