Cabin VC was founded in 2018, has managed to carve a niche in the global blockchain industry as a core investment institution empowered with remarkable team members who are early researchers and contributors to the distributed ledger technology.

If you are interested in what we are building, make sure to subscribe to this newsletter, check out Cabin VC’s Medium, and follow them on Twitter.

Hello there, our beloved friends!

It seems haven’t heard any updates from us for a while. Well, it has been one of the most incredible months for our team as we have focused on some awesome achievements in three aspects (Media, Investment, and Hardware Ecosystem), held panels twice a month, reached out to some fantastic projects, and have been ready for the incentive testnet of Aleo! It’s our pleasure to share those milestones with you and we are so thrilled to continue on our journey to building on Web3.

Also, while we are all facing some tough challenges. We think a lot of you do so, we organized some offline events such as playing frisbee with those web3 enthusiasts. We played, we chatted and we built togehter. The purpose was not only connecting every contributors and builder, but also taking a break while fighting in this bearish war, LOL!

On that note, just a reminder that we are building something Big!

The 2022 World Digital Technology Expo! (will be the biggest metaverse & NFT event held in China). Find out more details below.

You can reach out to us on Twitter or Email about anything you want to know.

Alright then, Let’s get started!

Take a Peek

Numbers

• Total Reached Audiences = 500,000+
• Total Projects have invested in = 50+
• Projects we have served = 500+
• Industry Resources = 2,500+

Achievements

• We have reached out to over 100 projects in June, focusing on fields of Data Storage and Privacy Cloud Computing. Over 50 projects have been invested by Cabin VC since we founded. Check out our selective portfolio here.
• Blocklike, our media brand, as the first whitelist of Binance Live, has held 12 panels on Binance Live, reaching over 500 thousands audiences. Check it out here.
• Our scale of Hardware Ecosystem computing power service has grown rapidly, with an effective computing power scale of 50P+ since Cabin VC launched the layout of Filecoin/Data Storage in 2020.

What to Expect Next?

• 2022 World Digital Technology Expo organized by Blocklike and Cabin VC will held at the end of August, supported by the Chinese government.
• Metavers: Adventure and Gold Digging, which Cabin VC has participated in the compilation will be published soon.

Media

Blocklike, our media brand, serves with media coverage, brand PR, project incubation and resource docking. We periodically invite developers and builders of blockchain to share their unique ideas and considerable insights.

Panel

There are two hottest topics selected in June which are Web3: Built on User Experience and Web2 to Web3: The Principle of Utility. 11 relevant projects were invited to join these topics and attracted over 70 thousands of audiences.

Hardware Ecosystem

The scale of hardware ecology computing power service has grown rapidly, with an effective computing power scale of 50P+ since Cabin VC launched the layout of Filecoin/Data Storage in 2020.

Major achievements in June:

1. Submitted an application for 5pb of valid data processing power to Filecoin.
2. We are prepared for the 3rd incentive test network of Aleo, a zero-knowledge privacy application platform.

Investment/Portfolio Update

Everyone would agree about this, it has been a common consensus of the industry that we’ve entered the period of a bearish market.

With over 50+ projects have been invested by Cabin VC, we gave top priority to supporting our portfolio in development, Marketing and Resources Integration in this predictable long-term bearish market.

Subspace Network

A Infrastructure for Web3, delivering robust and highly distributed services at scale to power the future of the internet.

Milestons:

• Team currently staffed by over 20 experienced professionals hailing from projects like Dapper Labs/Flow, Restream, Protocol Labs, Brave, Stanford, and more.
• The Subspace testnet is already live with over 25k community-run nodes actively participating in consensus.
• US $33 million strategic financing round led by Pantera Capital with participation from Coinbase Ventures, Crypto.com, Alameda Research, ConsenSys Mesh, and more.

FOTA

A Triple-A MOBA Gaming Project that prioritizes player experience in the Metaverse, incorporates Microsoft Mesh.

Milestons:

• IDO launched on June 16th and public sale has been sold out on multi-launchpad within one day.
• INO launched on June 28th on multi-market including Binance NFT, Bybit NFT, Galler and Polkabridge.
• Social media members over 1,000,000 and the telegram community reached 400,000.
• Strategic partnership with Souls of Meta, Avisa Games Guild, Token Pocket, Kryxivia and so on.

GEMS

An Esports 3.0 Aggregator Platform within a unique O2O (online-to-offline) Ecosystem.

Milestones:

• Partnership with CUBE, a high-performance, scalable layer1 public chain with modular architecture, which supports both multi-chain & cross-chain.
• Partnership with Agri Mind, a solutions provider within the Esports industry.
• Big exposure in Bloomberg, Digital Journal and TheWig.

BLOCKS

A Metaverse platform that partners with existing communities to provide them with their own personal, customized metaverse environment.

Milestones:

• IDO launched on AnyPad, LaunchPool and Babylons
• IKO on Kommunitas has sold out with 301 participants and 200,000 USDC raised.
• CEX listing coming soon!

Research

BNB Chain Report

After posting the last report about Ethereum, we published BNB CHAIN Ecosystem Development Report Q2 2022 in June. We are glad to invite DAOrayaki, which is a decentralized media and research organization, to co-written this report.

As BNB Chain dives deeper into the MetaFi infrastructure, the proportion of GameFi users has risen to 39.27%. Check the report here.

BNB CHAIN Ecosystem Development Report Q2 2022 — Cabin VC — Medium

medium.com

Partnership

Frisbee Night

We had a great night playing frisbee with lots of Web3 elites. The event we call it Fris-Build is organized by Liuhe Pagoda made up by Four Investment Institutions which are Cabin VC, Candaq Fintech, Dealean Capital and Mint Ventures.

Work Hard, Play Hard!

Web3 New Paradigm

This meetup was held by ChainInside, as one of the co-hosts, Cabin VC was getting warm up for the following Polkadot Decoded 2022. Over 200 participants and 7 projects took part in the event.

Polkadot Decoded 2022 Hangzhou

Polkadot Decoded, the largest global event in the Polkadot Ecosystem in 2022 has been successfully concluded. This conference was held in Berlin, Germany, New York, Buenos Aires, Argentina and Hangzhou, China. As the Public Media of the event, Blocklike and Cabin VC met a wide range of Polkadot ecosystem projects, media and Web3 enthusiasts.

What’s Next?

With all we have been through, experiencing both bearish and bullish markets. So what should be the next milestone we are going to achieve?

Bang!

Here brings our thrilling News!

The 2022 World Digital Technology Expo, which is going to be held at Yiwu, China in the end of August. This will be the first global event featuring Digital Technology and Metaverse being held in China, an Online-Offline hybrid experience integrating technology, culture, and industry.

Most importantly, this Expo is supported by:

• Ministry of Culture and Tourism of the People’s Republic of China
• China Council for the Promotion of International Trade
• The People’s Government of Zhejiang Province

As the organizer of 2022 World Digital Technology Expo, we sincerely welcome anyone who are enthusiastic and passionate in the Web3 industry to join us to build this grand event!