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Top 4️⃣ from Web3 Demo Day
A summary of Techcrunch's Cross Chain Coalition Web3 Demo Day
Hello 👋!
I didn’t think I’d be in your inbox three days on from Monday’s post, but I decided not to sit on this until Monday - who knows, maybe Thursday will become a fortnightly (dare I say weekly?!) occurrence with a specific theme - no promises!
Yesterday, I was able to attend a web3 Demo Day hosted by Techcrunch for twelve startups (chosen from approx 200), and I thought I’d pick the top four that interested me the most.
🦄 @Mclader of @Uniswap gracing us with her presence for our halftime show with @TechCrunch Web3 Demo Day 🚀
— Cross Chain Coalition (@crosschainco)
6:19 PM • Jan 11, 2023
Let’s get to it!
My Top 4️⃣ Companies
Firstly, all the companies were great - I just resonated with some of them a little more - we all have our own flavours of ice cream, right?!
Let’s dive in (in no particular order):
#1 - Mentaport
❓ What: Mentaport enables the creation of context-aware smart contracts with a few lines of code.
🤔 OK, so what does all that mean:
Blockchain gaming is going to be a big deal.
Just like gaming in the real-world, real-world events and moments are going to play a big role.
Another example would be if a museum decides to drop an NFT to everyone who visits in the week of 9th Jan 2023 - they could use Mentaport to set the time, location and who can download the NFT.
🤩 Why is this cool: Mentaport makes it super easy to make NFT’s more accessible to everyday folk - by making it simple for anyone to integrate NFT’s into their experience. Also, the founders - Cynthia Alexander and Mariale Montenegro - have the necessary AR & data science experience to make this a reality.
#2 - Holder
What: Holder is a web3 CRM and wallet data platform for the tokenized world.
OK, so what does all that mean:
CRM and marketing automation platforms are critical to managing your customer base
Web3 means that some customer activities will be both on-chain (recorded on the blockchain) AND off-chain
Holder allows companies to put together web3-enabled forms, enrich wallets with activity data and segment their audience based on on-chain and off-chain data.
🤩 Why this is cool: Data in a CRM is hard to manage - I feel I spent the past 9 years managing internal and external data, and web3 adds the fun layer of on-chain complexity - any tool that makes it easier in web3, is one I’ll be keeping an eye on 👀
#3 - Candy Shop
❓What: The one-stop-shop solution for creating an NFT marketplace.
🤔 OK, so what does all that mean:
In a similar way to how most companies have an e-commerce shop on their website - think of this like the payment widget to enable NFT sales.
Create your own store for users to buy and sell NFTs.
Provide full on-chain transparency to your users through built-in records - making it easy to track actual ownership.
🤩 Why this is cool: Definitely one of my favourites - it’s basically the Shopify for NFTs.
#4 - Paloma
❓What: The fast blockchain messenger protocol to communicate across blockchains, instantly.
Eagle-eyed readers will remember we covered Paloma in September here:
🤔 OK, so what does all that mean:
Messaging, in general, is hard
Communicating across different blockchains with different messaging protocols and languages…and I can see why developers don’t want the headache
Paloma is a cross-chain messaging system to deliver fast, secure messages across any blockchain, for no transaction fees.
They’re optimizing for: security, scalability and speed - the holy grail of S’s.
🤩 Why this is cool: Messaging took a long time to figure out in the web2 world - Twilio became the de-facto communications protocol for anyone with an app that required sending notifications or interacting with a users’ device (think Uber, Lyft, Deliveroo etc). Paloma is built for the web3 world.
💥 Bonus:
Thought I’d list some of the other companies that took part yesterday (from what I remember - wasn’t able to catch them all) - check ‘em out:
SmartPiggies - AN open source standard for a free peer-to-peer global derivatives market - SmartPiggies are digital contracts that provide their owners with protection, allowing them to behave as a price insurance policy.
OmniX Labs - The first natively omnichain NFT platform and marketplace. NFT’s can co-exist in an interoperable manner.
Coinfront - A platform that fully bridges business to web3 by allowing them to accept and manage any crypto in the easiest way possible.
Verbwire - The universal API for web3 - building tools for developers to build decentralized applications.
Knabu Distributed Systems - a token-driven development application to enable credible token projects.
That’s all! Let me know if you liked this interruption to your weekly Monday program and if I should do more commentary like this / a regular Thursday deep-dive. ✌️😀
Until next time 👋
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Fahim