Outlier Ventures was founded in 2014, which has meant that we have had the opportunity to experience several web3 cycles over the years. Naturally, market events trigger the entrance or exodus of builders in the space. Whilst market cycles are seasonal, our commitment to backing great founders and accelerating early stage startups exponentially grows.
Base Camp is the only accelerator explicitly dedicated to the mission and actualisation of Open Metaverse. One that is native to it and deeply understands its principles, technologies and business models. We have condensed several years of applied learning at all layers of the Web 3 Stack into a 3 month accelerator program to help early stage startups entering the space to navigate its complexities and nuances. We engage founders and teams as unique – and provide a flexible framework through tailored content and mentorship to take their company from inception to growth.
Please join us in celebrating the teams that made it to Base Camp 8!
COMMON GROUND – The web3-native messaging and voice chat platform. Built as a public good.
👉 www.commonground.cg
Problem:
Discord unintentionally became a popular platform for Web3 communities, where users could communicate and expand their horizons. However, many users are now frustrated with the lack of suitable UX: burying users under a sea of spam-like notifications, as well as the platform’s lack of Web3 support for wallets, tokens, NFT’s, ENS and governance. With even less support in general as a platform, network, and social graph. In truth, it was never intended to work for this complex purpose.
Solution:
Common Ground is the first dedicated, real-time collaboration platform that offers Web3-native integrations and tools for a productive, decentralized collective. It allows users to bring their community together with everything in one place: chats, content, governance, airdrops, quests and more. Common Ground allows users to use their favorite tokens to token-gate channels & content. The communities will grow organically as each user connects and builds. Common Ground is an intuitive Web3-native platform, delivering gold standard communication for Web3 communities, DAOs and ultimately any collaborative project.
Rooms – Mini Metaverse Arcade
Problem:
We believe the Metaverse represents the next natural step in the evolution of the internet. It will transform the web from text, images and videos, to immersive experiences where people can meet, play, work and shop like never before
But right now, Metaverses are ghost towns. Why?
The focus has been driving speculation (land, coins, nfts) and FOMO – rather than elevating experience, engagement and ease of use.
Solution:
Rooms are mini-Metaverses… Fast, fun and easy to use Metaverse experiences, with each designed to be enjoyed within 3 minutes.
Our social app provides users with a stream of scrollable, shareable and playable, mini Metaverse experiences, packed with blockchain enabled rewards.
Rooms provide an exciting and dopamine-inducing gateway to the Metaverse where users do not need any prior knowledge about web3 to participate.
DeepSquare – Reclaim the power of sustainable compute with DeepSquare
👉 http://deepsquare.io
Problem:
Computing faces three major problems in its current state:
- Sustainability: Cloud Computing is notorious for creating idle resources, whilst High Performance Computing is extremely power hungry.
- Pricing: There is a lack of fair and transparent pricing mechanisms.
- Restrictive and exclusive environment: Big Tech controls 76% of the Cloud Computing market.
Solution:
DeepSquare challenges the status-quo by addressing sustainability and decentralization by empowering those that are able to drive systemic change to Cloud Computing Standards.
DeepSquare is a decentralized, responsible and sustainable ecosystem:
- Blockchain-powered: Distributed, trustless, secure, and immutable to ensure that – compute providers play by the rules
- Beneficial for all: Contributors are rewarded through incentive mechanisms
- Community-led: The regulation is maintained via a Governance Protocol, a set of smart contracts to enable community participation and voting rights
Skinvaders – Integration to virtual worlds made easy
👉 https://www.skinvaders.io
Problem:
Virtual worlds have become marketing channels for fashion brands, however, those channels have become increasingly complicated to address. Today, the market is fragmented, product authentication is almost impossible, 3D creation is costly and requires scarce expertise. Whatsmore the average time from a 3D project’s kick-off until go live can vary from 6 to 12 months, which contributes to the difficulty fashion brands face with integrating virtual worlds.
Solution:
We are developing technical integrations with virtual worlds, whereby we give users access to qualified 3D artists & 3D content tools kit. This enables fashion brands to streamline the usual creation & distribution pipeline of branded wearables, which results in a reduction of project delivery times by 70%.
Yuser – Uploading brands in the virtual worlds
👉 https://yuser.co
Problem:
Have you ever made money on social media? Probably not. That’s because Web2 social platforms are built to be monetizable by tech giants but not you – the user. This is especially true for new creators that struggle to get noticed, let alone monetize their engagement or content. This is often the case with new social startups as they struggle to monetize their user-base. This is because the ad model cannibalizes network traffic in order to monetize it – it’s a model that doesn’t align the interests of platform providers with their users.
Solution:
The Yuser dApp is a Web3 social network built from the protocol up, to be monetizable by users. One that lets users earn tokens instead of likes so they can start earning from the very beginning. Yuser empowers users to convert their fans into collectors in one seamless funnel, removing the need to switch between marketplaces, donation platforms and social media.
Remx – The go-to platform for designing, selling, and collecting 3D digital wearables for the Metaverse.
👉 https://remx.xyz/
Problem:
Creatives currently lack straightforward and easy-to-use tools that would enable them to enter the Web3 space with a focus on end-buyer utility.
Solution:
Remx is developing the easiest no-code platform that will enable users to create interoperable 3D content that is Metaverse ready!
With only a few clicks, Remx offers creatives access to 3D models, generative art applications, AR, smart contracts, and a unique personalized NFT minting process all in one easy-to-use platform.
Please follow our cohort on social media and keep in mind that if you are thinking of building in Web 3 and might be interested in joining our next cohort! Applications are open across our accelerators for DeFi, Dream Assembly, Hedera, IPFS and Polkadot. Find out more here and speak to our Investment team.
