DWF Labs, a global crypto market maker and venture capital firm, is expanding its influence in the Web3 gaming sector with a strategic investment in MOBOX. As a leading force in Web3 gaming, MOBOX is known for its interoperable assets and thriving ecosystem of immersive games developed both in-house and through strategic partnerships.
Pleased to announce our investment partnership with @MOBOX_Official, a leading force of Web3 gaming with interoperable assets within its thriving ecosystem of games. pic.twitter.com/gkFlT3udQC
— DWF Labs (@DWFLabs) December 19, 2023
Since its listing through Binance Launchpool in 2021, MOBOX has been at the forefront of pioneering community-driven GameFi. The platform has successfully cultivated a vibrant community of over 3 million users.
In December 2023, MOBOX marked a significant milestone with the alpha launch of DragonVerse Neo, a co-created, co-governed open digital world that empowers its community to generate content and shape the platform’s future. This launch represents MOBOX’s transformative shift toward community-driven game production.
Venture funding from DWF Labs is set to further accelerate MOBOX’s growth by enhancing crypto liquidity across various exchanges, strengthening portfolio synergies, and expanding regional key partnerships. The collaboration will also extend to joint marketing initiatives and offline events aimed at bolstering MOBOX’s presence on the crypto market.
Andrei Grachev, Managing Partner at DWF Labs, commented on the new partnership:
‘Our investment in MOBOX reflects our belief in the potential of a gaming platform driven by user-generated content. MOBOX’s commitment to merging UGC gaming with blockchain technology empowers creators and players alike and aligns with our vision of decentralized gaming.’
The crypto venture capital firm and liquidity provider DWF Labs According has established a new investment partnership with the gaming social metaverse platform Yuliverse.
Excited for this partnership 🚀 https://t.co/KFC2TO3b0C
— DWF Labs (@DWFLabs) December 14, 2023
Yuliverse is a blockchain project that merges GameFi and SocialFi elements to create a location-based metaverse experience. Operating primarily on the BNB Chain, the platform offers a dynamic play-to-earn ecosystem where users can participate in immersive quests, earn native tokens, and engage in real-world activities through location-based services. By integrating NFT-based asset ownership with social interaction and decentralised governance, Yuliverse aims to redefine online engagement and drive the next generation of blockchain-powered entertainment.
This collaboration aims to further develop and expand the Yuliverse platform, enhancing its capabilities and reach within the gaming and metaverse industries. It marks a significant milestone in projects’s growth journey, as it seeks to deepen its presence in the rapidly evolving metaverse and gaming sectors. With DWF Labs’ support, Yuliverse will focus on expanding platform capabilities, scaling user engagement, and enhancing the immersive experiences that define its ecosystem.
‘We’re excited to welcome DWF Labs as a strategic partner,’ said a Yuliverse spokesperson. ‘Their track record of empowering innovative Web3 projects makes them an ideal ally as we enter our next phase of development. Together, we aim to redefine social interaction in the metaverse through gamified experiences and a vibrant, user-driven environment.’
MVL, a key player driving the Web3 transition in the Southeast Asian mobility industry, has signed a strategic partnership with DWF Labs, the new generation crypto investment company and market maker.
We're happy to partner @mvlchain to expand the Web3 mobility ecosystem in Asia!
— DWF Labs (@DWFLabs) December 8, 2023
Looking forward to seeing the growth of the @mvlchain ecosystem ⚡️ https://t.co/ec3k3y148v
The partnership aims to enable the gradual Web3 integration and onboarding process for the millions of users in the Southeast Asian mobility industry, which MVL meticulously has grown over the past six years. The Web3 integration into the mobility industry, where general people’s lives are closely connected, is expected to significantly contribute to the accelerated adoption of cryptocurrencies in the region.
MVL is a group leading the Web3 transformation of the global mobility industry. For example, TADA, a ride-hailing service app that integrated the Mobility Incentive protocol, is widely used across Southeast Asia, processing hundreds of thousands of trips and daily payment transactions. TADA has secured its position as the second-largest operator in the Singaporean market and further expanded its services to Cambodia, Vietnam, and Thailand.
Furthermore, ONiON Mobility, a manufacturer and seller of electric vehicles and bikes, is expanding its energy infrastructure across Southeast Asia. In acknowledgment of MVL’s tangible business and substantial potential, the company has attracted approximately 34 billion Korean Won in cumulative equity investments from major institutional investors such as ShinHan Bank (Finance) and CTR Group (Mobility).
The MVL Blockchain Protocol operates on a circular economy model, ensuring fair compensation for participants within the mobility ecosystem for their contributions through MVL Tokens. In addition, MVL is working on a real-world asset (RWA) project that provides reasonable vehicle loan products for drivers by leveraging real-world data such as drivers’ expertise and vehicle information, thereby generating additional value for the vehicle assets.
Moreover, MVL is set to implement a Buy & Lock-Up token economy, based on its robust mobility business. This approach aims to directly correlate the growth of the actual mobility business with the appreciation of MVL’s value.
DWF Labs is aligned with MVL’s transformative vision of the new mobility industry, including transparent compensation for mobility ecosystem contributors and maximizing the added value of real vehicles. Through DWF Labs’ extensive resources and network, this strategic partnership aims to grow the MVL ecosystem by enhancing the usability and fluidity of the MVL Token within real-world MVL mobility services.
James, Chief Innovation Officer at MVL Foundation emphasized:
‘With DWF Labs as a partner, the realization of MVL’s new Web3 mobility ecosystem will experience accelerated development. The collaboration aims to focus on the widespread utilization of MVL Tokens, establishing a systematic link between the growth of the tangible mobility business and MVL ecosystem.’
MVL remains committed to continuous innovation and self-imposed challenges within the mobility sector as one of the biggest industries in the world. Should you wish to find more information about the future potential of MVL’s mobility initiatives, please have a look at the MVL website and Gitbook.
Fordefi, a comprehensive multi-party computation (MPC) crypto wallet platform and Web3 gateway for institutional-grade self-custody of digital assets, has completed a strategic integration with Layer-1 blockchain, Conflux Network. DWF Labs, the new generation crypto venture capital firm and liquidity provider, will be the inaugural client leveraging this significant collaboration.
We're excited to be part of this milestone integration with @FordefiHQ and @Conflux_Network 🚀
— DWF Labs (@DWFLabs) December 6, 2023
This strategic integration is designed not just for current market needs but also looks toward the future dynamics in the fast-evolving digital asset landscape.
Read more👇 https://t.co/1kUEmRueiv
The strategic partnership aims to kickstart a new era of onboarding institutional clients building on the Conflux Network, by offering next-generation digital asset operations management that fuses MPC security, blockchain connectivity, and enterprise-level performance.
‘Through our partnership with Conflux and DWF Labs, we are excited to play a part in improving accessibility and security for institutional clients on the Conflux Network, inviting a wave of institutions towards a more secure and seamless DeFi experience,’ shared Jacob Goh, Director of Sales APAC at Fordefi.
Conflux Network is the only regulatory-compliant, public, and permissionless blockchain in China, which caters to the distinct operational needs of institutions. Earlier in 2023, it received crypto venture funding from DWF Labs.
In addition to the integration with Fordefi, Conflux will also diversify its treasury by incorporating a portion of it into Fordefi’s comprehensive MPC wallet platform.
‘Inspired by the coordination of DWF Labs, we are excited to onboard an important ecosystem partner, Fordefi, who will offer custodial solutions of accessibility and security for institutional investors on the Conflux Network. Meanwhile, the partnership will further expand the base of institutional investors of Conflux from Fordefi's existing institutional clients,’ shared Yuanjie Zhang, co-founder of Conflux.
DWF Labs onboards as the first of many institutions to come, setting the precedent for others looking to leverage a high-throughput blockchain network with a robust, self-custody asset management platform.
About Fordefi
Fordefi’s MPC wallet platform is an all-in-one solution for digital asset management. Fordefi’s MPC wallet and Web3 risk engine offers institutional participants secure connectivity to dozens of blockchains and thousands of decentralised applications, granular policy controls, and transaction simulation, alongside a full-stack developer suite of native APIs and SDKs.
DWF Labs, the new generation crypto market maker and venture capital firm, has made a strategic $1 million investment in Theta EdgeCloud, an innovative hybrid cloud computing system within the Theta Labs ecosystem.
Theta Edgecloud is the world’s first hybrid cloud computing platform built on a fully distributed edge architecture designed to serve the computing needs of video, 3D rendering, AI, and more.
— DWF Labs (@DWFLabs) December 6, 2023
This strategic commitment aligns with our vision of shaping the future by combining blockchain technology with thriving industries such as video, 3D rendering, AI, and machine learning through Theta’s cutting-edge solutions.
Theta EdgeCloud offers a flexible hybrid model designed to meet the diverse needs of businesses and individuals. Notably, it aims to provide cost savings of between 20% and 30% compared to dominant players like Microsoft Azure, Amazon Web Services, and Google Cloud, giving it a significant competitive edge. This optimisation maximises resource allocation for specific use-case goals, ensuring efficiency for users.
By leveraging the distributed processing power of its edge node network, Theta EdgeCloud showcases remarkable proficiency in handling GPU-intensive tasks, including mass video rendering, encoding, and streaming. This approach significantly enhances overall performance and quality.
Pioneering the Future of Cloud Computing
By spearheading the integration of cloud hosting capabilities with distributed edge resources, Theta is positioning itself at the forefront of the industry. This strategic move enables them to address the growing global demand for amplified CPU and GPU processing power, which is crucial in video production, AI development, scientific research, and finance.
Our investment in Theta EdgeCloud is a testament to our unwavering confidence in Theta’s pioneering technology. We firmly believe that Theta’s innovative solutions have the potential to revolutionise the global delivery of media, AI, and other digital services by enhancing connectivity and seamless optimisation. As an active partner, we are committed to working alongside Theta to support their ambitious vision of establishing an efficient and decentralised digital landscape.
Looking Ahead
With new phases set to launch in 2024, Theta EdgeCloud will open its doors to enterprises and individuals, inviting them to explore its transformative potential. This will be facilitated through the distribution of white papers and hands-on experiences, allowing interested parties to directly witness the groundbreaking capabilities of the platform.
DWF Labs, the new generation Web3 investor and market maker, has acquired an additional $1,250,000 in FLOKI tokens from the treasury. With the purchase, finalised in early November 2023, our company aims to demonstrate its commitment to strengthening the Floki ecosystem.
The collaboration between Floki and DWF Labs began in May 2023, marked by our initial purchase of $5 million worth of FLOKI tokens. The partnership has evolved, with DWF Labs now serving as the exclusive crypto market maker for Floki’s latest venture, TokenFi.
Launched in October 2023, TokenFi has gained widespread attention within the crypto community. With its ‘What You See Is What You Get’ (WYSIWYG) interface, TokenFi reportedly simplifies the token creation process and asset tokenization.
TokenFi enhances crypto liquidity and facilitates connections with exchanges and market makers. It is currently available on five networks: Ethereum, BNB Chain, opBNB, Base, and Arbitrum.
About Floki
Floki is the ‘people’s cryptocurrency’ and utility token of the Floki ecosystem. Floki aims to become the world's most known and most used cryptocurrency and intends to achieve this ambitious goal through a strong focus on utility, philanthropy, community, and marketing. Floki currently has 480,000+ holders and a strong brand, recognised by billions of people worldwide due to its strong marketing partnerships.
About TokenFi
TokenFi gives users all they need to create a token or tokenize Real-World Assets (RWA) in a simple all-in-one platform without writing a line of code.
DWF Labs, the new generation market making and crypto venture capital firm, has announced a strategic partnership with a Layer 1 blockchain platform, Kava Chain. The partnership aims to accelerate the growth and sophistication of Kava’s DeFi ecosystem, particularly its decentralised exchanges (DEXs).
We are pleased to announce that we have entered into a strategic partnership with the @Kava_Chain, a layer-1 blockchain.
— DWF Labs (@DWFLabs) November 15, 2023
This partnership aims to accelerate the growth and sophistication of Kava’s DeFi ecosystem, particularly its decentralised exchanges (DEXs). pic.twitter.com/I59tlByNea
Kava Chain is a secure L1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Kava is also the hub for Native USDt for the Cosmos. Its native coin KAVA is at the top-100 of cryptocurrencies by market capitalisation, and the Kava Chain currently holds $230 million in total value locked (TVL).
As part of the partnership, DWF Labs commits to offer strategic insights covering risk management, crypto liquidity provisioning, fee structures, traded products, and market making programs for DEXs built on the Kava Chain. DWF Labs will also integrate and start proprietary trading on up to 10 Kava Chain DEXs and perpetual DEXs. Additionally, DWF Labs pledges to establish a significant trading presence by targeting a market share of at least 7.5% of the total trading volume across the Kava Chain’s DEXs.
Andrei Grachev, Managing Partner at DWF Labs, expressed his enthusiasm for the collaboration:
‘Supporting the growth of Kava’s DeFi ecosystem is a natural alignment to our mission for fostering blockchain innovation. We’re excited to leverage our position in the market to contribute meaningfully to Kava’s roadmap.’
Binance Research has named DWF Labs the most active crypto venture capital company from the start of Q3 2022 to the end of Q3 2023 in the latest report ‘Data Insights: Exploring Crypto Fundraises’.
According to the report’s authors, our company was the biggest investor in 39 blockchain projects over the past year, with the total amount of injected capital totaling almost $324 million. The second and third places have been taken by Binance Labs with 28 funding rounds, and a16z crypto with 23 investments, respectively.
The report underlines that lead investors are defined as those who provide the most crypto venture capital or those who have solely funded an investment round.
Investments by DWF Labs span a diverse range of areas, from infrastructure to gaming, DeFi to NFTs, and beyond, ensuring that we contribute to a well-rounded and resilient Web3 landscape. Our portfolio includes over 700 blockchain projects, 20% of which are at the CoinMarketCap’s top 100.
We are excited to continue building valuable partnerships and bringing transformative crypto projects to life. If you are interested in partnering with us on crypto venture capital, don’t hesitate to contact DWF Ventures.
DWF Labs, a leading crypto venture capital firm and liquidity provider, has announced a strategic partnership with SOMESING, recognized as the world’s first blockchain-based singing platform. This latest infusion of capital builds on the success of a previous funding round completed in 2022 and supports the development of the “Singverse” (Sing+Universe)—an initiative aimed at uniting individuals through the universal language of music. As part of the collaboration, SOMESING will implement a comprehensive global localization strategy to enhance its international presence.
Leveraging its extensive global networks and resources, DWF Labs is committed to supporting the growth of the SOMESING ecosystem over the next two years.
The SOMESING platform offers a dynamic space where users worldwide can express themselves by singing their favorite tunes and enjoying high-quality recordings from others without incurring any costs. Its innovative token economy ensures transparent and equitable rewards for content creators through the seamless operation of smart contracts on the blockchain network.
A SOMESING official commented:
‘Building upon the strategic investment from DWF Labs, SOMESING is poised to enhance user experience through continuous R&D on a global scale, implement a localization strategy for worldwide expansion, and promote a partnership to build a Web3-based Singverse. The collaboration with DWF Labs will extend to listing the SSX token on additional global CEX/DEX platforms as a pivotal component of our global expansion strategy. This strategic alignment opens new avenues for prospective investors and users seeking a pioneering, technologically advanced platform within the cryptocurrency market.’