Secrets of NFT, metaverses, and Web3 at BlockSplit, a new $40M fund for blockchain startups, and VC investment in the ambitious Sort project

Hello entrepreneurs! This is our last May newsletter - in a week it will be summer, the time of hot vacations and relaxation! But besides relaxation, summertime brings with it an incredible number of opportunities and prospects for the founders of Web3 startups. As we know, VCs are always on the lookout for ?uncut diamonds? that can eventually turn into a ?diamond unicorn?. By the way, this week venture capitalists have already turned their attention to one such startup, Sort, a platform for developers that facilitates embedding smart contracts into Web3 applications. The project's team was able to raise $3.5 million in a seed funding round co-led by venture capital firm Lemniscap and The General Partnership. The startup intends to use the funds to expand its offerings.

In addition, many venture capitalists continue to support developers by creating large-scale funds. For example, global early-stage venture capital fund Dispersion Capital, has created a $40 million fund for startups working on infrastructure for Web3 projects. The firm seeks to invest in startups working on ?developing the advanced infrastructure needed for a multichannel, multicurrency and multi-platform world?, with a focus on Web3 and decentralized platforms.

Now let's talk about opportunities for YOUR business.

BlockSplit is behind us now: Tell us how it was

On May 23rd and 24th the fourth BlockSplit conference took place in Split, Croatia. This incredible event attracted over 600 experts, up-and-coming Web3 startups, talented programmers, developers, researchers, investors and creative designers. There was also an extensive exhibition area and startup stage during the event, where entrepreneurs were able to showcase the power of their groundbreaking projects!

What else was at BlockSplit?

• An incredibly engaging panel discussion on ?Decentralized Science (DeSci)? with experts Ivica Puljak, Joshua Bate, Thomas Landrain, Andre Chegwadera, and Sarah Rouse.?
• An informative and interesting workshop from Bruno Skvorc, founder of RMRK and Josip Vlah, who reveal the secrets of NFT, metaverse and key ingredients for taking Web3 games.
• Blank has officially announced the creation of the Web3 Development Fund! The Fund offers Web3 projects up to 50,000 euro credits per project.
• And much more informative and exciting!

And during the conference, our CEO Nelly Orlova met with Stefan Ignjatovic, co-founder of TenderlyApp — a web infrastructure with full Web3 stack.?

It was an incredible two days filled with the sunny warmth of Croatia, productive work, new knowledge and networking with future partners!

Create a solid future for your startup with our SAFE template

In the early stages of Web3 startup development, both project founders and investors may find it difficult to determine a realistic company value. This is due to several factors: the limited history and small track record of the startup, as well as the vague prospects of the business and its growth trajectory. This is where a Simple Agreement for Future Equity (or SAFE for short) comes to the rescue, allowing the startup's valuation decision to be deferred until a later date.

And so that you don't waste your time looking for the SAFE you need and approving it with your lawyers, we have prepared and placed in our Knowledge Base a template agreement developed and improved by Degoverned.

With our SAFE template, you will be able to:

• Get a simple and easy-to-understand agreement that is written in a way that is accessible to all users.
• Fill out a simple form on Degoverned's digital platform and get a Word document ready to sign with investors.
• Attract investments from both U.S. funds and international investors.

Check out our Top Active Venture Capital Firms that are actively helping startups this year

In the midst of crypto winter, with analysts speculating that the market could face further ?freezing? due to America's official default, it's natural to wonder about the fate of Web3 startups. However, amid the prevailing skepticism, it is important to understand that crypto winter does not present insurmountable difficulties for truly reliable and sustainable projects.

Surprisingly, despite the current economic climate, there are venture capital firms that continue to provide unwavering support for promising Web3 startups. These investors understand the long-term potential of decentralized technology and continue to support innovation in this area. Their investment in the current bear market demonstrates their belief in the transformative power of Web3.

Especially for you, we have compiled an up-to-date list with the Top 20 active venture capital firms investing in Web3 in these challenging times. To read our material and learn the names of these heroes, go to

Join an epic event — Epic Web3 Conference

Mark an important date on your calendar with an incredible industry event on June 9 dedicated to building and developing products in the decentralized space, the Epic Web3 Conference!

What will be at Epic Web3 Conference?

• Over 30 speakers from well-known Web3 brands such as POAP, Binance, Polygon, Uniswap, Kedger, Zerion and others who will present exciting ideas.
• Fascinating case studies presented by Web3's brightest minds.
• An exciting Startup Pitching Contest, giving participants the opportunity to pitch their projects to a panel of venture capitalists and interact with potential investors.
• Startup Pitch Roast, where leading venture capitalists will give professional advice and answer questions from the audience.
• Fast-track 1:1 meetings between venture capitalists and startups for invaluable advice and guidance.
• Access to founders and developers, allowing attendees to connect with Web3 industry leaders and seasoned experts for feedback, help and networking.

Join the Epic Web3 Conference now — only 100 tickets available

Get an honest review of your pitch deck from our team and a representative of an active venture capitalist

We're excited to announce the launch of a fantastic new feature for Web3 startups: a free review of your pitch deck. This will be a new video format on InnMind's YouTube channel. In collaboration with a representative from an active cryptocurrency venture capital fund, we will carefully analyze slide after slide of your presentation and give you tips on how to effectively communicate your startup's unique value proposition and attract investor interest.

And an added bonus: you'll be able to get on the radar of the 2,500 Web3 entrepreneurs, venture capitalists and angel investors who watch our YouTube channel!

So, how can you activate this new feature? Follow these simple steps:

• Make sure you have an active premium plan and your startup profile has the latest version of your pitch deck loaded
• Open your startup profile and click ?REQUEST PITCH DECK REVIEW?

Don't miss this incredible opportunity to improve and strengthen your pitch deck!New Investment Deal Closed on InnMind & Upcoming VC Pitching Session

We are excited to announce that StarkDeFi, a suite of decentralized financial products (DeFi) that leverages the Zero-Knowledge (ZK) Rollup capabilities offered by StarkNet, has secured an investment from Gatelabs, a venture capital arm of Gate.io, a leading cryptocurrency exchange.

Starkdefi pitched to a panel of investors at the InnMind VC Pitching Session in March and we are proud to have played a role in helping Starkdefi secure this investment. We believe that Starkdefi has the potential to be a major player in the DeFi space, and we are excited to see what they will accomplish in the future.

??If you'd like to get the same exposure and accelerate your funding round - check out and apply to our upcoming VC Pitching Session on the 31st May at 16:00 CEST.

We are inviting startup founders who are developing pre-seed, seed and series A solutions in the areas of decentralized infrastructure and applications, Blockchain protocols, cloud-based Web3 solutions, DeFi, SocialFi, gaming, NFT and metaverse to join our new Pitching Session.

What's in store for the Pitching Session?

• Meeting with venture capitalists from Stratified Capital, 369 Capital, Blockbase, Yellow Rocks, BFF, and Gatelabs by Gate.io who have already confirmed their participation.
• An opportunity to present your project to active VCs and get immediate feedback.
• A real chance to get venture capital investment.

To participate in the Pitching Session go to our website, click ?Apply? and get an evaluation call with an InnMind investment analyst before the event.

If you want to get more information about Web3 sphere, venture investments, development and potential opportunities of crypto and blockchain startups, then subscribe to our Twitter, LinkedIn, Telegram, Youtube accounts or go to our website.