$93,839.00
0.37%$1,774.20
-0.92%$2.21
-0.35%$601.84
-0.37%$152.64
1.42%$0.999904
-0.00%$0.182317
2.46%$0.72166
3.83%$0.244776
-0.46%$1,771.20
-1.12%$93,705.00
0.34%$3.34
14.49%$15.12
0.80%$22.39
0.35%$0.279404
4.90%$9.23
1.14%$0.00001385
2.37%$3.20
1.14%$0.187954
4.50%$2,124.23
-0.94%$0.999679
-0.03%$357.97
-0.44%$4.29
5.03%$84.42
1.51%$18.96
3.87%$4.44
-1.75%$1.001
0.13%$1,773.60
-0.83%$0.999648
0.00%$0.654683
-1.62%$228.13
-0.97%$28.78
0.55%$1,889.80
-0.87%$93,821.00
0.29%$0.00000877
-0.04%$5.82
-3.02%$5.53
2.15%$51.36
-0.82%$0.975472
7.01%$357.98
5.28%$2.55
3.65%$23.45
0.04%$5.26
1.92%$1.049
0.00%$31.83
-1.27%$16.79
0.35%$0.097887
2.12%$1.00
0.00%$167.61
-0.49%$0.090954
-0.39%$0.736515
4.96%$12.28
-5.65%$4.50
0.24%$0.02695972
3.69%$0.244228
11.58%$1.17
0.00%$4.52
2.94%$0.363334
7.22%$0.226321
6.21%$93,571.00
0.29%$2.88
3.49%$4.25
0.46%$0.702167
12.36%$2.88
3.77%$0.343275
1.26%$0.51283
0.25%$1.001
0.31%$4.14
0.49%$93,735.00
0.82%$0.881527
14.72%$0.795476
3.26%$0.460944
2.47%$10.41
0.05%$159.85
1.54%$1,504.05
1.21%$0.00001572
6.71%$0.911044
5.37%$0.074345
-1.31%$1.12
3.68%$1.12
1.88%$75.46
3.94%$0.596785
-2.75%$1,775.37
-0.75%$0.01657784
-0.05%$0.685296
2.25%$0.202121
4.57%$3.81
1.31%$1,846.34
-0.86%$10.15
6.66%$0.095831
5.94%$602.45
-0.21%$0.678557
2.89%$1.00
0.04%$0.999846
0.00%$1,999.27
-0.83%$1.00
0.07%$3,366.42
0.61%$0.01698109
1.11%$93,337.00
1.88%$1.00
0.01%$3,372.25
0.66%$0.01763981
3.76%$196.45
1.45%$168.21
1.59%$2.64
3.72%$13.24
-5.74%$0.838776
2.85%$0.200402
2.90%$93,737.00
0.29%$0.304058
2.68%$0.727027
6.07%$0.723494
9.51%$0.02139459
2.40%$1,886.35
-0.96%$0.00007195
3.44%$3.78
3.84%$0.116375
-0.74%$0.9977
-0.03%$0.529301
5.62%$0.404181
2.68%$2.03
1.85%$0.00000064
-0.05%$94,008.00
0.14%$1.00
0.06%$31.04
1.16%$0.327753
4.22%$0.240761
0.26%$1.093
-0.59%$1.82
1.82%$0.160778
5.47%$17.52
3.06%$0.554478
2.80%$1,854.12
-0.88%$0.55943
5.17%$3.44
5.53%$34.41
0.98%$0.053902
-1.11%$18.75
20.98%$0.00572204
-2.16%$0.541199
5.99%$0.654272
1.70%$0.520832
-1.44%$0.999107
-0.01%$0.753992
6.11%$0.00864965
1.89%$0.452626
2.15%$1.38
6.11%$0.600396
14.80%$94,807.00
0.00%$0.999688
-0.02%$93,749.00
0.34%$0.066845
-0.48%$90,923.00
0.09%$0.00745996
13.47%$2.23
0.14%$0.18252
2.89%$0.999902
-0.00%$1.65
-2.95%$1,853.00
0.08%$6.40
5.62%$0.153778
1.11%$0.00002244
3.09%$6.71
4.29%$93,579.00
0.34%$110.81
0.01%$2.64
4.79%$0.244053
11.23%$0.00000043
0.42%$0.522921
1.98%$0.080623
2.90%$0.16502
-3.36%$1.084
0.01%$1.003
0.27%$1,764.18
-1.59%$0.407807
22.94%$0.04148832
0.84%$3.63
1.02%$1,888.11
-0.90%$0.337463
4.83%$44.00
2.04%$1,774.04
-0.94%$1,775.53
-0.84%$0.083832
3.17%$1.001
0.01%$0.00716069
3.66%$1,773.98
-0.96%$0.177443
-1.24%$21.63
-0.54%$0.999995
-0.13%$0.836407
1.17%$0.00006409
-0.19%$0.00412526
1.19%$0.559038
-0.04%$0.99916
-0.10%$0.358216
9.36%$0.01728812
-0.11%$1.001
0.17%$1,805.82
-1.45%$0.999944
0.02%$0.120255
0.64%$0.03163203
-0.48%$2.79
1.34%$27.96
3.41%$0.676553
-2.59%$93,746.00
0.46%$0.246275
3.11%$1.21
0.56%$0.659703
0.89%$0.00431104
-2.19%$0.704194
1.24%$1.00
0.03%$112.71
-0.77%$3.61
1.69%$0.00000143
-9.10%$93,740.00
0.77%$0.282908
4.20%$1,754.74
-0.83%$3,331.26
4.49%$0.999335
-0.03%$0.13396
-3.80%$1.16
3.99%$0.272894
-1.06%$22.17
-0.23%$2.88
-1.65%$0.191333
1.40%$0.114307
1.93%$16.00
4.21%$1,876.99
-0.75%$0.03758862
0.24%$0.01304452
3.49%$0.760653
4.73%$0.51605
0.75%$1,773.71
-0.93%$0.448813
1.62%$0.252239
0.47%$0.964839
2.30%$1,886.38
0.20%$0.02962071
-0.22%$22.39
0.37%$0.00278773
3.57%$19.02
4.04%$2.25
0.96%$1.001
0.08%$0.00231531
6.68%$1,943.51
-0.93%$1.096
0.02%$93,620.00
0.40%$0.00264553
1.03%Reading
Framework Ventures co-founder Michael Anderson told Decrypt's Dan Roberts and Jason Nelson in our Decrypting Mainnet booth at Messari Mainnet 2022 why Framework is so bullish on blockchain gaming, NFTs in games, and how that's positioned to be the category that brings crypto to mainstream consumers.
The crypto market may be in its tenth month of the downtrend, but for Michael Anderson, the co-founder of Framework Ventures, this time represents possibly the best opportunity to invest in new startups and projects.
Framework Ventures entered the scene in 2019 amid the previous bear market, and such conditions, according to Anderson, “is the best time to be building.”
“The best entrepreneurs in the space are coming right now,” Anderson told Decrypt at last week’s Mainnet conference. “We were lucky to have launched our last fund, we are investing very actively right now, and we are very excited about everything we see.”
In April, Framework Ventures secured $400 million for its third fund, FVIII, with half of that amount earmarked to investments in blockchain-based gaming, which, as the firm said at the time, will be “one of the largest forms of employment in the world.”
Framework Ventures has secured $400 million for a third fund, with half of that dedicated to investments in blockchain gaming. The fund, FVIII, is earmarking up to $200 million for blockchain gaming, which, the firm said today in a statement, will be “one of the largest forms of employment in the world.” San Francisco-based two-man band Framework now manages around $1.4 billion in assets. Led by Michael Anderson and Vance Spencer, the venture capital firm is heavily focused on DeFi—and strongly...
Six months later, Anderson still believes this is the case.
“Gaming, in our minds, is the category that is going to bring a hundred million people into Web3. They are going to have wallets, they are going to have Web3 addresses, and that’s the consumer adoption that we have been waiting for,” he said.
Speaking about what role non-fungible tokens (NFTs) may play in the future of blockchain gaming, Anderson said there are two aspects that have to be taken into account.
The first is that NFTs have been largely built on Ethereum’s Proof-of-Work (PoW) chain, and the situation has changed after the network’s transition to Proof-of-Stake (PoS).
Point number two, per Anderson, is that the business model of gaming has been largely trending towards a defund state, specifically when it comes to advertising. Game developers are now looking at blockchain and the monetization opportunities the new technology brings.
“They are saying that this is a new interesting platform to build on–potentially even the only platform to build on,” said Anderson.
Immunefi, a popular bug bounty system for smart contracts and decentralized finance (DeFi) projects, announced it has raised a $24 million Series A funding round led by Framework Ventures. Other participants in the round include Electric Capital, Polygon Ventures, Samsung Next, P2P Capital, North Island Ventures, Third Prime Ventures, Lattice Capital, and Stratos DeFi, Immuefi said in a press release shared with Decrypt. Immunefi is a platform offering bounty programs for ethical hackers—also kn...
Last week, Framework Ventures also led a $24 million Series A funding round for Immunefi, a bug bounty system for smart contracts and decentralized finance (DeFi) projects.
According to Anderson, Immunefi boasts a team of “world-class security specialists,” and security is one of the most important components of Web3.
“I think we can look at Immunefi in five or seven-year and think of it as one of the largest security providers in Web3,” he said.
Investment firm RockawayX has successfully secured $125 million for a new early-stage venture capital fund, intended to support crypto-focused communities, particularly those centered around Solana. The investment firm plans to direct its newly raised funds toward discovering and financing projects that enhance the growth of the Solana ecosystem, recognized as the second-largest Layer 1 by total value locked, according to a statement by RockawayX. “Rather than investing in more L1s, we focused...
Crypto infrastructure startup Theo has bagged $20 million to bring Wall Street-grade trading strategies to everyday investors. The funding round—led by Hack VC and Anthos Capital—drew backing from some of the biggest names in traditional finance, including Citadel, Jane Street, and JPMorgan, alongside crypto-native players like Mirana Ventures, Flowdesk, and Selini Capital. Theo’s team plans to use the newly raised funds to build institutional-grade trading infrastructure offerings for less tech...
Solana-based decentralized wireless network Helium is collaborating with AT&T to provide the telecom giant's subscribers with access to mobile hotspots. The collaboration will allow AT&T members to take advantage of expanded network coverage thanks to Helium’s community-operated network. Additionally, AT&T will be provided a set of “coverage quality metrics” developed by the decentralized network. “Working with AT&T is a massive step forward in our mission to bring affordable and accessible co...
