Record Week: 25 Web3 Projects Secure Nearly $1B in Combined Investments

Hello, entrepreneurs! Once again, Thursday is on the calendar and we've prepared a comprehensive newsletter for you. Traditionally, we tell you about useful resources, events and news. As usual, we begin the newsletter with an analysis of fundraising from the past week:

• Between October 12 and 19, 25 projects raised investments totaling $928.6 mln.
• The largest investments were raised by Praxis Society ($525 mln), Blockstream ($210 mln) and Azra Games ($42.7 mln).
• The top 5 funds by the number of investments in the period from October 12 to October 19, according to CryptoRank: HashKey Capital, a16z, Blockchain Capital, CMS Holdings and Paper Ventures.
• During the week, projects in the following segments attracted funding: Web3, blockchain services, blockchain infrastructure, GameFi, DeFi, CeFi, NFT and others.

The Hidden Force Behind Successful Web3 Projects

Remember those ?one size fits all? platform memberships that somehow manage to fit nobody? Yeah, that's not our jam. In Web3, whether you're a founder, a VC, or an expert — you need a membership that actually gets you. The days of paying for features you'll never use while missing the ones you actually need are officially over.

InnMind's ecosystem brings together all essential elements for success:

• Startups: Choose between ?Fundraising? (think of it as your Web3 growth starter pack) and ?Scaling? (the full-stack arsenal). From VC databases to pitch deck advisory sessions, we've got your journey from seed to success covered
• VCs: Get your own dealflow matchmaking service (because life's too short for irrelevant pitches) plus access to co-investment opportunities with fellow VCs
• Experts: Start with our Free tier to test the opportunities, then upgrade to Premium to unlock the full potential — including 100 monthly connection requests and verification badge

Check out our membership options — they're designed for different stages of your Web3 journey, from early exploration to market dominance. Those who've already joined report cutting their business development cycle in half.

Linea LXP Adventure: Earn LXP Points While Building Your Web3 Portfolio

Linea, one of Web3's most promising Layer 2 solutions, has teamed up with AlphaMind and a stellar lineup of partners (MYX Finance, The Nemesis, Foxy Token, and EYWA Protocol) for something special. And by special, we mean ?you might want to clear your calendar for the next few days? special.

Here's what makes this adventure worth your time:

• Earn 50 LXP points through hands-on, on-chain quests — think of it as your backstage pass to Linea's future plans
• Stack up 20,000 karma points while learning the ins and outs of one of Web3's most exciting L2s
• Get exclusive rewards from AlphaMind partners (because who doesn't love bonus loot?)
• Gain practical experience with real protocols and projects in the Linea ecosystem
• Learn while you earn — each quest is designed to make you a more savvy Web3 user

Event timeline: October 23 — November 3, 2024

Remember when everyone wished they'd gotten in earlier on previous L2 airdrops? The Linea LXP Adventure is one of those ?I was there? moments in the making. Join the adventure!

Web3 Builder's Toolkit: Perks That Actually Matter

Picture this: You're knee-deep in building the Web3 project. You're coding, you're working out the economics, and your team is hard at work. Then reality hits — you need about 15 different tools to keep this ship sailing smoothly. Sound familiar? It's the classic builder's dilemma: balancing expensive tools against precious resources.

Here's how InnMind's Perks Club turns common startup headaches into victories:

• Wrestling with community building and engagement? Crew3 offers 60 days of free trial to turn your community from a ghost town into a thriving ecosystem
• Need to optimize your cloud infrastructure without breaking the bank? Cuemby provides $1,000 in credits for technical assessment — because security shouldn't be a luxury
• Drowning in task management chaos? Grab a 20% first-year discount on Monday.com and watch your team's productivity soar
• Struggling with tokenomics and funding? Moonbound Mastermind offers 10% off their program, providing peer support and expert guidance on lean budgeting and fundraising
• Struggling with document management? HelloSign offers up to 50% off annual plans — because professional doesn't have to mean expensive
• Need streamlined HR processes? Humaans provides 15% off yearly subscriptions to keep your team operations smooth
• Looking for Web3 marketing solutions? Timpi Search offers $3,000 in ad credits — perfect for getting your project noticed in the right circles

Here's the thing about building in Web3 — it's not just about what you build, but how efficiently you build it. These perks aren't just random discounts we've thrown together; they're battle-tested tools that successful projects use daily.

Launch Your Token Without Keeping Your Lawyer on Speed Dial

Remember the wild west days of 2017 when launching a token meant throwing together a whitepaper and hoping for the best? Those days are gone. But with regulators worldwide sharpening their pencils and raising their eyebrows, launching a compliant utility token in 2024 feels like navigating a maze.

Here's where Janina Pietrowska, Partner at ZüGERLAW, comes in with a comprehensive guide:

• Get the inside scoop on compliant utility token launches from someone who's helped over 100 projects do it right
• Learn the subtle art of choosing between self-issuance and launchpads (because sometimes DIY isn't the answer)
• Discover why some jurisdictions are better than others for your specific case (hint: it's not always about the lowest taxes)
• Master the delicate balance of tokenomics and legal structures that actually work in 2024

This guide, crafted from years of hands-on experience in the Web3 legal trenches, is now available in our Knowledge Base. Whether you're planning your token launch or just want to sleep better at night knowing your existing token is future-proofed, it's worth checking out.

Coincidentally, this week also sees the first major venture capital investment: financial management solutions provider karpatkey closed a $7 mln investment round with participation from counterparties such as AppWorks Ventures and Wintermute Ventures. The project is building the DeFi Treasury Network system, which includes leading decentralized autonomous organizations.

From Concept to Capital: Your Web3 Pitch Deck Blueprint

Let's have a moment of silence for all the great Web3 projects that died in investors' inboxes because their pitch decks looked like they were designed during the Bitcoin genesis block era. It's ironic how many good projects still present themselves using templates that scream ?I just discovered PowerPoint?. And in a bear market? You can't afford to have VCs judging your book by its cover.

We're bringing you two professional-grade templates that speak the language of Web3 investors:

• The Modern Startup Pitch Deck Template: Perfect for DeFi, GameFi, and infrastructure projects looking to stand out
• The NFT Startup Pitch Deck Template: Tailored for projects in the NFT, metaverse, and digital collectibles space

Ready to upgrade your pitch game? These templates are waiting in our Knowledge Base, ready to transform your vision into a story that makes investors lean forward in their chairs. Download, customize, and watch those investor calls start rolling in.

Beyond the Term Sheet: What Founders Really Say About VCs

The venture capital in Web3 often feels like a black box — founders pitch endlessly without really knowing which VCs actually deliver value beyond the check. While everyone claims to be ?founder-friendly? and ?value-add?, the reality often differs dramatically from the marketing pitch. InnMind's VC Rating system brings transparency to the fundraising game.

Leading our current VC rankings are some heavy hitters making waves in the Web3 space:

• InnMind Capital
• Waterdrip Capital
• 369 Capital SA
• 7 O'clock Capital
• Blue Zilla
• OIG Capital

Want the real scoop on who's who in the VC world? Head to our VC Rating section — because sometimes the best way is knowing who you're pitching to.

How to Turn Users into Fans: Quest Platforms Edition

If your ?community engagement strategy? consists of dropping tokens from the sky and hoping for the best, you might as well be sending your marketing budget to a burn address. The challenge isn't just attracting users anymore; it's creating an ecosystem that keeps them coming back. This is where quest platforms have become game-changers, literally.

Quest platforms have evolved into sophisticated engagement engines that do more than just distribute rewards:

• They transform passive holders into active community members through gamified experiences
• Create natural viral loops as users share achievements across social channels
• Build sustainable tokenomics through merit-based distribution
• Generate valuable user behavior data for strategy optimization

Our comprehensive guide to the top 10 quest platforms is already waiting for you in our blog. Whether you're launching a new token or reinvigorating an existing community, you'll find platform comparisons, strategy insights, and real case studies from projects that got it right.