RBV Weekly Newsletter🧔📖

Open Deals, Portfolio Updates, Crypto News, RBV Fund I Closing & More

Author

Joshua Howard
July 28, 2023

Thank you once more for being a part of July's RBV newsletter!
Throughout the week, there have been several captivating stories worth noting.

Let's dig in!

We wanted to drop a friendly reminder that our Tokenomics Accelerator, Denarii Labs, is currently in the process of seeking out exceptional companies. This groundbreaking endeavor, fueled by the combined forces of Red Beard Ventures and Horizen Labs Ventures (renowned for their role in creating Yuga Lab’s ApeCoin and numerous other successful products), is dedicated to empowering Web3 innovators in crafting, cultivating, and executing their tokenomics and token launch strategies.

We'll be providing these visionaries with unparalleled guidance from esteemed advisors, invaluable partnerships with strategic allies, and access to discerning investors.

Through the accelerator program, we will select five projects, arming them with the skills and know-how to achieve an extraordinary token launch within a swift three-month timeframe.

If this opportunity calls to you or someone you know, don't hesitate to register at www.denariilabs.xyz and seize the chance to be part of something truly remarkable.


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🚨 TL;DR: This Week in Crypto

  • Worldcoin Launch Raises Eyebrows as WLD Price Notches a Double-Digit Gain

  • SEC Passes New Conflict of Interest Rules Governing How Brokers Can Use AI

  • Bank of Italy Innovation Hub Supports Research into Security Tokens on Secondaries.

  • Conic Finance Users Flee After Hackers Steal $4 Million

  • Limewire Announces #LMWR Ad-Revenue Sharing

  • McNuggets Land Coming to The Sandbox

  • Axie Infinity Creator to Develop New Game with CyberKongz NFT

  • Through The Evio Game you can earn Solana while blasting enemies

  • Solert Games to Launch on Avalanche Subnet

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📣 As a reminder, Red Beard Ventures has both a syndicate and fund:

  • The Red Beard Ventures Syndicate is stage agnostic and invests in Frontier Technology with a focus on Web3, Space, FinTech, Robotics, Biotech, and Climate. We invest anywhere between $100k - $1.5M.

  • The Red Beard Ventures Fund I invests $100k - $1M in Pre-seed and Seed blockchain-based companies.






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🪙 Crypto News:

Worldcoin Launch Raises Eyebrows as WLD Price Notches a Double-Digit Gain

  • The recent launch of Worldcoin has garnered significant attention, with the WLD price registering a double-digit gain.
    The rapid increase in WLD's value has piqued interest among investors and the cryptocurrency community.

  • Worldcoin's launch has sparked discussions about its potential impact on the crypto market and the broader adoption of digital currencies.

  • As the project gains momentum, observers are closely monitoring its progress and assessing its role in the ever-evolving landscape of cryptocurrencies.

  • Optimism, a prominent Ethereum scaling solution, has caused controversy within the crypto community with its introduction of "Law of Chains."

  • This new concept aims to create a bridge between different layer-2 solutions on the Ethereum network.

  • While some see it as a potential breakthrough for scaling Ethereum, others have raised concerns about centralization and its impact on the decentralization ethos of blockchain technology.

  • The community remains divided, with ongoing discussions and debates surrounding the implications and long-term effects of Optimism's Law of Chains.

  • The U.S. Securities and Exchange Commission (SEC) has implemented new rules addressing the use of Artificial Intelligence (AI) by brokers and financial advisors.

  • These rules aim to regulate potential conflicts of interest that may arise when AI systems are utilized in the decision-making process.

  • By introducing guidelines for the use of AI, the SEC seeks to promote transparency, fairness, and accountability in the financial industry.

  • This move reflects the growing significance of AI technology in the financial sector and underscores the regulatory efforts to balance innovation with investor protection.

  • The Bank of Italy's Innovation Hub has extended support for research focused on security tokens in secondary markets.

  • This initiative aims to explore the potential benefits and challenges of using security tokens in the trading and investment landscape.

  • By backing research in this area, the Bank of Italy is demonstrating its commitment to understanding the implications of emerging technologies on the financial system.

  • The research could pave the way for future regulatory developments and innovations in the use of security tokens within the broader financial market.

  • Conic Finance, a decentralized finance (DeFi) platform, has experienced a significant user exodus following a devastating hack resulting in the theft of $4 million.

  • The security breach has raised concerns about the safety and resilience of DeFi protocols.

  • Users' loss of funds has triggered panic and a decline in confidence, prompting many to withdraw their assets from the platform.

  • The incident highlights the importance of robust security measures and reinforces the need for thorough audits and precautions in the DeFi space to protect user funds and prevent similar attacks in the future.


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🗃️ Portfolio News

McNuggets Land Coming to The Sandbox

  • The popular NFT gaming platform, The Sandbox, has announced the upcoming launch of "McNuggets Land."

  • This virtual land is inspired by the famous McDonald's McNuggets and promises an entertaining and immersive experience for players and collectors.

  • The addition of McNuggets Land further enriches The Sandbox's metaverse, providing unique opportunities for interactive gameplay and virtual social interactions.

  • Stay tuned for more details on the official launch date and how to participate in this exciting new addition to The Sandbox universe. McNuggets Land is set to captivate NFT and gaming enthusiasts alike with its playful and creative concept.

  • Any content on LimeWire can generate ad-revenues based on views.

LimeWire will use these revenues to buyback #LMWR and share it with their Creators, Subscribers, and Promoters right into their LimeWire accounts.

  • Ad-Revenue Sharing will go live end of July, and “Apnea” from deadmau5

will be the first headline release featuring the new product

  • The Ad-Revenue Share program equally incentivizes Creators, Subscribers and Promoters to boost content exposure for artists,

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💸 NFT Alpha 

Axie Infinity Creator to Develop New Game via New Pact with CyberKongz

  • The creator of the popular NFT game Axie Infinity has announced a new collaboration with CyberKongz to develop a brand new game.

  • This partnership aims to leverage the success and expertise of both projects to create an innovative and captivating gaming experience for players.

  • With the growing popularity of NFT games, this venture has caught the attention of the gaming and crypto communities, generating anticipation for the upcoming game's release.

  • Stay tuned for more details as Axie Infinity's creator and CyberKongz continue to work together to shape the future of the NFT gaming landscape. This collaboration holds the potential to bring a fresh wave of excitement and creativity to the world of blockchain-based games.


  • Evio, the innovative blockchain-based game, offers players an opportunity to earn Solana while engaging in action-packed battles.

  • This unique gaming experience combines entertainment with real-world rewards, tapping into the growing popularity of play-to-earn gaming models.

  • Players can immerse themselves in thrilling gameplay, defeat enemies, and accumulate Solana tokens, adding a financial incentive to their gaming pursuits.

  • Evio's integration of blockchain technology enhances asset ownership and transparency, providing a seamless and rewarding gaming experience for crypto enthusiasts and gamers alike.

  • Solert Games, the creator of the popular mobile game Legends at War, is gearing up to launch its game on the Avalanche Subnet.

  • This move marks an exciting development for both the gaming and crypto communities, as the game will benefit from the speed and efficiency of the Avalanche blockchain.

  • By integrating with Avalanche, Legends at War can offer players enhanced gaming experiences, ownership of in-game assets, and seamless interactions with cryptocurrencies.

  • As more game developers embrace blockchain technology, the launch of Legends at War on Avalanche highlights the increasing convergence of gaming and crypto, creating a promising future for blockchain-based gaming.











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🔔 Active Investment Opportunities:

Syntreno: Security for Malicious AI Generated Content

  • They have developed an AI model for detecting AI generated images, which can detect minute telltale signs of having been generated by an AI

  • Even the most human-fooling images can be given a high degree of certainty

  • This is their initial fundraise, used to bring their prototype to an MVP-ready model

  • Link to invest

Baibys Fertility: AI-Controlled Cell Selection for IVF

  • The male infertility crisis and increasing average age of motherhood has caused IVF procedures to skyrocket

  • Selecting the sperm cells is currently human-driven; slow, expensive, and error prone

  • Baibys device selects cells with a more stringent criteria, and arranges them by quality

  • Link to invest

California Cultured: Real Chocolate that’s Good to the Earth

  • Traditional chocolate production carries with it pollution, exploitation, and high costs

  • CC has developed a way to create chocolate via cell-based agriculture

  • They are ready to scale and have brought in industry giants like ADM, Meiji, and Agronomics

  • Link to invest

OASIS: The Leader in AI “Thought-to-Text”

  • Oasis takes your rambling thoughts and turns them into clear memos, articles, emails, and more

  • Revenue growth at 70% month-over-month

  • Co-led by Flybridge Capital and Oceans Ventures

  • Link to invest

Setscale: a Key Financing Tool for SMBs

  • Solves the cashflow gap that small/medium size businesses suffer: Post payment, pre sale

  • While large businesses have credit partners, SMBs generally have to float every shipment

  • Setscale solves this by covering the shipment payment in return for a small premium after the sale

  • Link to invite

Venus Aerospace: LA to Tokyo in ONE HOUR at Hypersonic Speed

  • A promise of the space age finally fulfilled, the craft designed by Venus Aerospace will be the fastest reusable hypersonic system in the world.

  • Their patented rotating detonation rocket engine (RDTE) will propel passengers at speeds up to Mach 9

  • The craft is designed to fly just outside of our atmosphere, where air friction poses no risk to the craft

  • Link to invest

Tafi: The Global Leader in 3D Assets and Text-to-3D genAI

  • Largest commercial library of 3D assets in the world; customers include Coca-Cola, HBO, Warner/DC, Coinbase, and others

  • Their product DAZ 3D (link to demo here) creates ultra-HD fully compatible and customizable characters

  • Exclusive partnership with NVIDIA to train even greater AI capabilities

  • Link to invest

Canza Finance: a New Financial System for Africa’s FX Markets

  • African FX TAM is $5T, yet is still highly inefficient and expensive

  • Canza is building the Jara Network to facilitate OTC

  • The round is being led by Polychain Capital at a $15M PMV

  • Link to invest

Edison AI Systems: Zapier for AI, Link Multiple Models into One Workflow

  • Edison AI is building a web platform to build complex, interoperable AI systems

  • Developers can cut their time and costs by 60–90%, deploying in days, not months

  • The platform can operate as no-code or low-code, meaning even novices can link together StableDiffusion, GPT-4, a voice mimicking AI, and more!

  • Link to invest


Siegelman Stable: Streetwear with a Conscience - Gary Vaynerchuk Lead

  • Rapidly gaining mass appeal and A-list celebrity endorsements

  • Nearly one million dollars in gross revenue in 2022

  • Founded by the son of a top horse racing family, Max Siegelman, past collaborator with Kanye West, NBA teams, Puma, Hypebeast, Lexus, and more

  • Link to invest

One Earth Rising: Ownable Interoperability for Modern Gaming

  • Their standard has self-sovereignty and a format game engines can understand

  • This format seeks to become industry standard

  • All facets of the asset - items, moments, stats - are able to be minted

  • Link to invest

GET protocol: The Premium NFT Ticketing Solution

  • GET has been building NFT ticketing since 2016

  • They have a full range of ticketing products for event holders, from self-service to full concierge, and also whitelabel solutions

  • Issued nearly 3.4 Million tickets (1.7M in 2022 alone), over 17k events

  • Investment includes a token grant AND discounted token purchase rights

  • Link to invest









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🥳 Upcoming Events:

In-person events are a great way to stay informed in our industry: Join us for an exciting and dynamic evening as we proudly host the Mixer for the Denarii Labs Accelerator at Solana Labs! This event promises to bring together brilliant minds, innovative entrepreneurs, and industry leaders. We are inviting prospective applicants to the Denarii labs accelerator to network in-person. If you or a founder you know is looking to launch a token project or add a token to their existing business, please share the invite!

You won't want to miss this opportunity to network, collaborate, and exchange ideas with some of the brightest minds tackling problems faced in tokenomics.

Invite for the Mixer 
Location: Lower East Side - Manhattan, NY
To ensure an intimate and immersive experience, attendance to this exclusive event is limited.
Don't miss your chance to be a part of this captivating Mixer!

Note: You must RSVP & receive confirmation to attend!
RSVP close Tuesday July 25th!

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🤝 We are hiring!

We are looking for part-time syndicate vertical leads in the following categories - if you are interested please reach out and we can discuss the opportunity in greater detail:

  • Biotech

  • Space

  • Robotics & Automation

  • Climate

  • Fintech & SaaS

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Onwards 🚀 

Drew, Elana, Mitchell, Frankie, and Lauren