An Overview of OKEx Block Dream Ventures’ Investment Portfolio
This article from Blockbeats will look deep into some of OKEx Block Dream Ventures’ investment portfolio projects.
Professional investment institutions are currently the main participants in the cryptocurrency market. Compared with individual investors, professional institutions have stronger market research capabilities, professional investment teams, and more comprehensive risk management tools. In this article, we will introduce the latest investment portfolio of OKEx Blockdream Ventures to help readers get a glimpse of the investment direction of this famous exchange fund.
OKEx Block Dream Ventures is the investment institution under OKEx, focusing on discovering high quality blockchain projects with great potential. With an initial scale of $100 million, the fund focuses on investing in DeFi, basic infrastructure, NFT, Polkadot ecosystem etc. In the long term crypto market investment, Dora, the founder of OKEx Blockdream Ventures, summarized the following experience:
First, we must follow the principle of quality investment. On the one hand, investment must be selective, identify good projects, and make your own scoop bigger, stronger, and deeper every day. On the other hand, we must know how to give up, because money cannot be made completely. The profit of investing does not lie in what you invest, but in what you don’t invest. To be able to resist “greed” and “fear”.
Second, adhere to long-term investment. Making big money is a victory of long-term investment. If you don’t look at long-term growth but only look at short term profit (one quarter, one year, or even several years), many of your decisions will change. When you stretch the cycle, many things are easier to understand.
Third, admit that you are a student of the market. Only by continuous learning and your own thinking and application can you continue to make progress, and only by continuous input can you continuously output.
Fourth, as long as you can survive in this industry, there’s always hope to make great profit and witness the new trend. So don’t leave the table.
Below we will discuss OKEx Block Dream Ventures’ investment portfolio based on the four directions mentioned above. (All information are according to public market information)
DeFi Track
Dora believes that the essence of financial derivatives is futures, and the value of the futures comes from the price fluctuations of the underlying asset. Generally speaking, financial derivatives have the functions of risk management and asset pricing, and are an indispensable part of the financial market. In traditional finance, the market value of derivatives can reach trillions of dollars, which is about 10 times that of the spot market.
On the other hand, in the field of digital assets, the transaction volume of centralized derivatives is only three times that of spot products, and decentralized derivatives are in a very early stage. The specific reasons can be attributed to three aspects: market habits, transaction costs and insufficient liquidity. But the advantages of decentralized derivatives are that there is no need for custody, no threshold or KYC, and no need for review. From a product perspective, the types of decentralized derivatives are relatively diversified, including futures, options, synthetic assets, and forecast markets. In particular, synthetic assets have the ability to connect to the traditional derivatives market, which will bring huge development opportunities. Therefore, despite the short-term problems, no matter the great combination and development space given by DeFi “Lego”, or the development law of the financial market, decentralized derivatives have enough market potential in the long-term.
Decentralized insurance is another track with great potential. In a mature financial system, the assets of the insurance industry will account for about 30% of the assets of the entire financial industry, while decentralized insurance only covers 2% of the total lock-up value of DeFi. From a product perspective, the type of decentralized insurance is relatively single. Unlike traditional insurance, which is divided into property insurance and life insurance, its original intention was to solve the risk loss of other DeFi projects. Although it is somewhat ironic that insurance projects on the market have been hacked in 2020, this also proves the importance of insurance from another aspect. In fact, the market’s demand for insurance has always been there, and with the increasing development of DeFi, the market’s demand for insurance will only further increase. The opportunity for the decentralized insurance track in the embryonic stage is self-evident.
Convergence Protocol
Convergence Finance aims to establish “unpredictable liquidity” through the automatic market maker AMM, bringing real-world assets into the decentralized world. Through a two-tier network, it allows cooperative projects to issue security-type synthetic tokens, which is convenient for institutions and ordinary people. Investors can gain exposure to real-world assets without permission.
Zignaly
Zignaly is a platform that integrates social networking and cryptocurrency investment. Based on Zignaly, the agreement invests in cryptocurrency by copying excellent traders or a fully commissioned model with profit sharing (PAMM). Users do not need to pay a monthly subscription fee, but only need to pay a portion of the profit as a commission fee.
Volatility Protocol
Volatility Protocol allows users to freely create tokens that reflect the volatility of assets. The agreement makes it possible to generate derivative tokens that reflect the volatility of assets by obtaining option prices in mature derivatives markets, combined with oracle information.
MCDEX
MCDEX is a decentralized perpetual contract and futures trading platform based on the Mai protocol. The order book and AMM hybrid-driven trading model provides traders with a hybrid trading model of off-chain order book and on-chain AMM to meet the needs of different traders and solve the problem of AMM’s lack of liquidity at the beginning of the project.
Globedx
Globedx is an encrypted derivatives exchange that allows institutions and consumers to trade digital currencies such as Bitcoin through perpetual futures contracts. The Globedx platform is a sufficiently open, low-latency, institutional-level encrypted derivatives exchange. During periods of huge market fluctuations, Globedx can provide 3 microseconds of latency and extremely high throughput performance. In addition, Globedx’s open API interface helps establish a more level playing field between traders and institutional investors.
DeversiFi
DeversiFi (formerly Ethfinex) is a decentralized exchange that uses a second-layer network (Validium) to achieve private transactions and scalability. DeversiFi is currently an independently operated decentralized exchange headquartered in London. The project uses StarkWare technology to provide instant settlement, high liquidity, enhanced security and competitive transaction fees for non-custodial transactions. DeversiFi uses the zk-STARK privacy layer, allowing users to conduct anonymous transactions, and can increase the transaction settlement capability to 9,000 times per second.
Kine
Kine is a decentralized derivatives trading platform that aims to build an infinitely liquid derivatives market, helping users to quickly, transparently and easily conduct derivatives transactions on Ethereum.
Traders can make long and short trades up to 100 times, and almost all assets are supported by peer-to-peer engines. In response to the high pledge rate of other agreements, Kine uses the most advanced cross-margin technology to maximize capital efficiency on the basis of providing the best leverage ratio.
Lithium
Lithium Finance is committed to building an oracle with collective smart pricing to provide quotation services to relatively less liquid assets such as private equity and pre-IPO stocks. Lithium Finance’s goal is to accurately assess assets and benefit other DeFi agreements and traders by establishing a blockchain-based protocol.
Shield
Shield is a decentralized risk-free permanent contract. The agreement realizes a risk-free broker system for traders (only need to pay holding fees, do the wrong direction without losing money, and do the right direction to make a normal profit), unlimited market liquidity, ultra-high leverage and a decentralized broker system. Shield is committed to becoming a trustless, censorship-resistant and accessible protocol, and a next-generation global derivatives infrastructure.
Persistence
Persistence is based on the enterprise-level integration of Tendermint and Cosmos. It mixes public and private chains, and through third-party verifiers, a distributed consensus is reached to control privacy and private blockchains. Persistence includes SDKs for building enterprise-level applications, as well as special Zones for multiple industries, applications, and functions, such as Comdex for commodity transactions. The future plans include logistics, pharmaceuticals, fast moving consumer goods and other application scenarios.
NAOS Finance
NAOS Finance is an interoperable market for loans supported by offline income. The project hopes to bridge the multi-billion-dollar global credit gap by helping lenders and borrowers interact with the least permission. NAOS Finance’s protocol is based on the Ethereum blockchain and the Interplanetary File System (IPFS), which can automatically realize the tokenization of real-world assets and the point-to-point lending process.
Handle.fi
Handle.fi aims to build a global DeFi foreign exchange market. The project is based on Ethereum, which can merge, mint and trade stablecoins based on legal currencies of multiple countries.
Mercurial Finance
Mercurial Finance aims to become the first dynamic stable asset vault on the chain, providing users with stable currency trading services with low slippage. At the same time, the dynamic charging mechanism and flexible capital allocation are used to increase the income of liquidity providers. The official plan starts with an AMM vault to provide dynamic fees for the native and wrapped stablecoins (USDC, USDT, wUSDC, and wUSDT) on Solana to help improve the liquidity of these assets.
Portal
Portal is built on the Bitcoin blockchain to help reduce transaction risks and enable users to quickly conclude transactions without the risk of privacy leakage. In addition, Portal swaps also provides cross-chain trading services to provide investors with a fast trading experience that is close to the liquidity of a centralized trading platform.
Kollider
Kollider is a decentralized on-chain derivatives trading platform that allows users to settle in a timely manner and obtain corresponding risk exposures. Users can use their own wallets to control their own funds, and can conduct leveraged transactions.
Domination
Domination Finance is a non-custodial financial tool and trading platform based on the UMA protocol. Through an optimized mobile and desktop interactive interface, it allows users to go long or short bitcoin and other encrypted assets.
iTrust
iTrust is the first decentralized insurance income aggregator that helps users automatically participate in different DeFi agreement insurance investments and obtain low-risk returns.
Infrastructure
Dora believes that as the most effective but slowest way to reach a global consensus so far, the main limitation comes from the underlying technology, and expansion is the optimal solution and the only way. There are more than a thousand DApps running on the Ethereum network. Behind the prosperity of the ecosystem, the problems of network congestion and high handling fees have not been well resolved. In the blockchain industry, “scalability” can mean many things. One of the ultimate goals of blockchain technology is to replace the existing traditional infrastructure with more transparent, secure and efficient blockchain technology.
The most important thing for blockchain technology to achieve large-scale commercial applications is the need to solve cost and efficiency issues. There is Lightning Network that has been opened since 2016, and Arbitrum, which has been soaring due to Uniswap support, is a solution for expansion. The attempt never stopped. This attempt reached its highest point this year, and the high popularity of DeFi and NFT is indispensable. Taking DeFi as an example, the total TVL rose from 20B on January 1, 2021 to 150B in May, and Ethereum was congested. However, DeFi TVL, which has skyrocketed by 7 to 8 times in 5 months, corresponds to the slow progress of Layer2. Although solutions such as ZK, Optimistic, Plasm, and Arbitrum are emerging one after another, their specific implementation is obvious to all. It can be said that at this stage blockchain is extremely important for Layer 2 and the improvement of capacity expansion.
The major public chains have begun to pay attention to the support and construction of ecological projects, which has created the prosperity of the public chains from the explosive growth of projects, and the major public chains have also appeared highly representative ecological projects. From a long-term development perspective, all public chains also need the support of core infrastructure projects. In addition, the intercommunication between public chain ecology also requires the development and contribution of cross-chain, bridging and other infrastructure projects. OKEx Blockdream Ventrues has given great support to the mature public chain ecological projects in the market, and has established Polkadot, Solana, Near, Polygon, Dfinity, Filecoin ecological project funds, and can use platform resources for project development for potential high-quality projects. To provide services, we also hope to accompany the development of the project and jointly contribute to the growth of the industry’s market scale.
Casper
CasperLabs is a secure and scalable PoS blockchain and smart contract platform that can achieve the scalability of the blockchain without sacrificing decentralization and security. Casper adopts a PoS consensus mechanism and is friendly to developers, and is committed to accelerating the adoption of blockchain technology by enterprises.
PlatOn
PlatOn is a scalable Trustless computing network based on cryptographic algorithms, which can solve the scalability and privacy issues of the blockchain, and is committed to becoming a future-oriented next-generation computing architecture. PlatOn implements private computing by superimposing homomorphic encryption (HE) and secure multi-party computing (MPC), ensuring the privacy of input data and the computing logic itself. In addition, PlatOn realizes true private computing by superimposing homomorphic encryption (HE) and secure multi-party computing (MPC), ensuring the privacy of input data and the computing logic itself.
Pocket Network
Pocket Network provides developers with a trustless API layer and can easily access any blockchain. The project plans to build a complete distributed network of blockchain nodes, where developers can seamlessly access these nodes, use encrypted economic incentives, and meet demand by preparing node hosting services for development API requests. Pocket Network aggregates supply and demand through a distributed network, creating a powerful open source infrastructure layer.
Saito
Saito aims to use the Web3 open network layer to allow DApps to run without closed plug-ins, no private APIs, or open infrastructure, and to provide funding for Saito and other public chains that provide routing and user infrastructure nodes.
Republic
Republic Realm is a professionally managed and diversified digital real estate NFT investment fund. Due to the popularity and adoption of the decentralized virtual world, new asset classes such as digital real estate have begun to appear. The fund will focus on the acquisition, management, development and sales of virtual land in virtual space, including investments in Decentraland, The Sandbox, Cryptovoxels, Somnium Space, Axie Infinity, etc., while allocating funds to new projects and new opportunities.
SubDAO
SubDAO is a DAO platform that focuses on solving the diverse governance of the Substrate chain. It is based on Substrate technology and is committed to creating a platform that allows any organization to create and manage cross-chain DAO organizations.
Chainswap
ChainSwap is the cross-chain asset bridge and application center of the smart chain, allowing projects to seamlessly bridge between ETH, BSC, and HECO. The project plans to adapt all mainstream digital assets in the future and integrate other public chains to provide a complete cross-chain solution between BTC, DOT, and SOL.
Sukhavati
Sukhavati is a decentralized cloud service network focused on storage. It stimulates and incentivizes the improvement of the distributed storage ecosystem and expands various application scenarios to realize the vision of Web 3.0.
Arbitrum
Arbitrum is the expansion solution of the Rollups series. While inheriting the security of Ethereum, this solution greatly improves the transaction speed. Arbitrum supports EVM virtual machines, which can facilitate the rapid deployment of other Ethereum projects on Arbitrum. Currently, well-known Ethereum ecological projects such as Uniswap have deployed contracts in Arbitrum.
Dora Factory
Dora Factory is a DAO-as-a-service infrastructure based on Polkadot. It is an open, programmable on-chain governance protocol platform based on Substrate. It provides quadratic voting, curve auctions, Bounty incentives, Pluggable governance functions such as cross-chain asset management.
Octopus
The Octopus Network application chain network, based on Near, provides an innovative platform for developers and entrepreneurs who wish to publish applications on their own chain. Octopus Network will be released as a smart contract in Near, allowing developers and Near to achieve low-cost and easy integration, thereby releasing their own blockchains, and like application chain protocols such as Cosmos and Polkadot, it supports customizable encryption economic rules And governance rules.
Unmarshal
Unmarshal is a cross-chain network composed of blockchain data indexers and conversion tools, providing the easiest way to query Ethereum, Binance Smartchain, and Polkadot blockchain data. Unmarshal can provide data in multiple formats for any DeFi application on the chain to help developers reduce development costs.
NFT Track
NFT is a relatively new investment field. Specifically, the NFT track can be subdivided into smaller subdivisions such as encryption art, games, and collections. OKEx Blockdream Ventures has obviously also made advance plans for each of the above areas.
Genesis Shards
Genesis Shards is a decentralized ecosystem based on Polkadot that supports the conversion of NFTs into Pre-IDO token liquidity tools and cross-chain DeFi product suites.
TradeStars
TradeStars is a revolutionary sports fantasy game TradeStars based on Ethereum + Matic Layer2. By using their sports knowledge and relying on real sports statistics, fans can trade and monetize their digital assets based on real sports events.
ChainGuardians
ChainGuardians is a blockchain-based superhero game ecosystem centered on a player-driven economy. In addition to having an NFT mining platform and an interoperable role-playing game, ChainGuardians also integrates the concept of game playability and free games through a balanced game ecosystem, so that users have the opportunity to earn revenue through the game and bring players The time and energy are converted into tangible rewards.
Big Time Studios
Big Time Studios is committed to building a second-generation blockchain game platform, based on Decentraland, to make online adventure games through time and space.
Bondly
Bondly is a decentralized over-the-counter trading platform (BSwap), aggregate trading platform (Bond DEX) and e-commerce platform (BProtect). It is currently running on the three chains of Ethereum, BSC, and HECO, and will be implemented through Polkadot in the future Cross-chain operation.
AlchemyNFT
AlchemyNFT enables NFT owners to operate their NFT assets, re-create, mix, combine, and verify NFTs, and add new utility functions and rights. NFT holders can collect digital signatures, add various characteristics to make synthetic NFTs, combine multiple NFTs to make synthetic NFTs, collaborate with other artists, and carry out secondary creations on the basis of existing NFTs. With AlchemyNFT, NFT holders can create a “synthetic NFT”, that is, an NFT that inherits the original characteristics and accommodates new custom characteristics.
Marble
MarbleCards is a web-based collection card game. Any link you visit can be converted into a Marble card, but each URL can only be converted once.
Taker
Taker Protocol is an efficient DeFi liquidity protocol for new types of encrypted assets, supporting NFT lending. It is a new type of liquidity agreement for encrypted assets, which uses locked quotation pricing and allows asset holders to borrow stablecoins. Starting from NFT assets, Taker is committed to providing lending services for various new types of encrypted assets in the future.
Paras
Paras is a decentralized protocol used to create, trade, and collect digital art cards (DAC). I hope to build an all-in-one digital art card market for creators and collectors that combines social functions.
Efinity
Efinity is a new generation of NFT network built with Polkadot, aiming to help mankind create a truly free global digital economy. The protocol was developed by the Enjin team, who created the ERC-1155 NFT standard on Ethereum, to provide users with an accessible and scalable solution, enabling everyone to participate in the emerging NFT economy, and providing everyone with an interesting, Simple, accessible experience.
Polkadot Ecosystem
If the future really develops into the era of multi-chain coexistence, how can we better grasp the dividends of this era? It would be a better strategy to invest in a project that assists the coexistence and coordinated development of multiple chains. Polkadot ecology is a leading project in this field. OKEx Blockdream Ventures has also planned ahead for the Polkadot ecology.
Plasm
Plasm Network is led by Tokyo-based Stake Technologies, and its vision is to build a scalable infrastructure to realize Web3.0. Plasm is a rare smart contract platform that focuses on Layer 2 in the Polkadot ecosystem. It is compatible with Ethereum and can provide better scalability for the Polkadot ecosystem.
Cere Network
Cere Network is the first decentralized data cloud platform built on Polkadot, optimized for service data integration and data collaboration. The solutions they provide can capture the entire customer process on the blockchain and store key user data such as purchases, achievements, and usage in the user’s wallet.
ParaState
ParaState is a parachain in the Polkadot ecology. ParaState plans to use Polkadot’s technical route to redevelop a WebAssembly virtual machine that conforms to the eWasm specification, so that developers can write smart contracts compatible with Ethereum in popular programming languages, and use the technology of Polkadot. Polkadot runs faster on Polkadot.
Polkadex
Polkadex is an open source decentralized trading platform developed using the Substrate blockchain framework to provide traders with the user experience of a centralized trading platform. They envisioned a world of financial inclusion and prepared for the future of tokenization.
Equilibrium
Equilibrium is an all-in-one interoperable DeFi collection and the first cross-chain digital asset market that combines credit lending, synthetic asset generation and trading.
Paralink Network
Paralink is a cross-chain oracle protocol built on the Polkadot ecology. Developers can use the blockchain and real world data through Paralink’s original query language, Paralink Query Language (PQL). PQL allows users to access Web APIs, crawl websites, and retrieve data from other real worlds by querying SQL databases. Paralink aims to bring mainstream real-world data into the encrypted world in a more flexible and lower-cost way through PQL.
Bifrost
Bifrost is a cross-chain network that provides liquidity for pledged assets, and provides liquidity for pledged assets in the form of staking derivatives. The product is developed based on Substrate and built on the Polkadot network. As a DeFi project in the Polkadot ecosystem, Bifrost has launched a staking derivative vToken. Through Bifrost, users can exchange PoS currency into vToken through the Bifrost protocol at any time and obtain staking income and liquidity.
Clover
Clover Finance is a one-stop EVM-compatible smart contract platform created based on Substrate, which helps developers to use the blockchain infrastructure more easily and reduces the barriers and costs for developers.
Acala
Acala is the world’s first decentralized open financial alliance and Polkadot Ecological Financial Center. It aims to create an open financial framework in conjunction with the Polkadot Ecosystem to bring financial stability, liquidity and accessibility to global crypto assets . Acala has launched the cross-chain multi-asset mortgage stablecoin Honzon protocol, the Homa protocol for releasing staking asset liquidity, and core Layer 1 modules such as decentralized exchanges.
Zenlink
Zenlink is based on Polkadot’s cross-chain DEX protocol, dedicated to sharing DEX order books among the Parachains of the Polkadot network. Due to the unique heterogeneous sharding architecture of Polkadot, the difficulty of interaction between different parachains is greatly increased. Zenlink aims to establish a universal cross-chain asset interaction protocol to help assets in the Polkadot ecosystem have better liquidity.
Konomi
Based on the underlying technical framework of Substrate, Konomi provides users with a complete set of cross-chain asset management solutions, aiming to seamlessly connect financial applications on Ethereum to the Polkadot ecosystem. From the liquidity agreement, to the lending market, to the management of ecological assets, Konomi can provide users with a complete asset management experience.
