The portfolio of crypto startups that anyone can gain exposure to
A crypto project says its goal is democratizing a type of investment that has been “in the hands of the rich for far too long.”
Nodeseeds says it tokenizes private sales and seed rounds — allowing enthusiasts to gain exposure to promising startups at all stages of their evolution if they have an appetite for risk.
The project’s founders hope to tackle some of the biggest problems that exist in public sales at present. Those interested in getting involved often need to complete Know Your Customer checks on platforms they may be unfamiliar with, and their contributions can be capped. To make matters worse, whitelists can also be oversubscribed… meaning there’s no guarantee they’ll be able to participate after all.
Nodeseeds aims to counter through the use of a specially created token that aims to serve as an index reflecting what it backs. Dividends end up being distributed indirectly through the practice of buying back and burning NDS tokens on Uniswap.
Milestones, and a long-term vision
Nodeseeds was born in the first half of 2020, and founders wasted little time in starting to explore what the DeFi space had to offer. The development of its network has been taking place ever since — and March 2021 saw the project launch, with its very first partnerships announced to its diverse and passionate community.
Looking ahead to the rest of the year, Nodeseeds plans to expand its team, diversify the projects it takes an interest in, secure new partners and evolve into a decentralized autonomous organization that vets the opportunities that exist in this space.
By the end of 2021, Nodeseeds wants to play a role in incubating new projects — setting a target of buying back tokens and burning them on a weekly basis. Research on further opportunities will continue well into next year, and the project is going to explore the possibility of launching new types of funds.
Setting out what makes its offering different from rivals in the marketplace, Nodeseeds says it eliminates the need for Know Your Customer checks and is completely free of whitelists — unlike Polkastarter. It also offers support for seed rounds, which can mark a significant milestone for high-growth projects as they achieve larger valuations. Nodeseeds’ buy-and-burn approach and support for liquidity mining isn’t provided by the likes of Ferrum either.
More insights from Nodeseeds here
Partnerships so far
Just some of the crypto projects that are part of Nodeseeds’ portfolio include Occam.fi, which is building the first-ever comprehensive suite of DeFi products on Cardano. This came hot off the heels of an investment in Blockbank, a non-custodial app that is set to deliver a blend of centralized and decentralized finance to enthusiasts.
Other entrants in the portfolio aim to solve some of the most pressing issues facing the cryptocurrency sector right now. Nodeseeds has a stake in Smartswap, which paves the way for decentralized, one-click swaps between Ethereum and Binance Smart Chain.
It has also gained exposure to NFTFY, a permissionless and decentralized protocol that allows anyone to fractionize NFTs into ERC-20 tokens. This project aims to solve three main problems that remain for investors who want to interact with NFTs: Low liquidity, the high risks associated with purchasing expensive items, and the monetization of assets. Sharing ownership has been touted as one way of tackling these issues.
Interest in cryptocurrencies and blockchain has been heightened by the current bull run — inspiring a new wave of businesses to launch in this bustling industry. Nodeseeds says it is helping to deliver an indirect way of gaining exposure to these new ventures, without the hurdles that can stand in a crypto enthusiast’s way.
Learn more about Nodeseeds
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