“We believe that low fees & scalability are key for the development of Web3 and achieving our mission of an Open Metaverse” -Jamie Burke, CEO at Outlier Ventures.
We are witnessing the emergence of the Open Metaverse, a shared open economic layer built from open-source protocols, infrastructure, and a single unifying yet open financial system. New business models enabled by the Polygon ecosystem, maturing technologies, and developer adoption are emerging through a wave of projects innovating on various combinations of primitives in DeFi, NFTs, DAOs and a New Data Economy. We have been supporting the Open Metaverse since 2014 and in the last year alone, we’ve helped 100+ start-ups raise over $300m through our Base Camp accelerator programs. With our deep ecosystem of mentors, founders, investors, members, and protocol partners, we will double that number this year. This is just the beginning.
Following the successful launch of ecosystem accelerators with Polkadot and Filecoin, Outlier Ventures has sourced eight dynamic teams, from 300+ applicants, all building on Polygon technologies. These promising founders range from crypto natives to previous Web2 founders and enterprise professionals and share one unifying trait: They are laser-focused and building high growth startups and decentralised applications and networks.
Polygon opens up a new world of opportunity for Web3 builders. Polygon has helped take the Ethereum ecosystem to the next level by making entirely new use cases possible that leverage ultra-low fees and high throughput transactions, so it was a natural partner for us in our mission accelerate the development of the Open Metaverse. We believe that our goal for Polygon Base Camp goes far beyond helping these great teams succeed, but for their projects to actually contribute to the growth and health of the Polygon ecosystem as a whole. We’re looking forward to working closely with these teams over the next few months to fast track their development, showcase and broadcast their success to the community at large and ultimately help launch them into the Open Metaverse. We invite you to share in their journey and join us in celebrating these new builders of the Open Metaverse.
WIN – The ultimate play-to-earn experience and Competition Layer for Web3
Gaming is the largest entertainment industry segment yet the ethos of gaming has grown more imbalanced, favouring those who pay to win rather than build up skill.
Win.com is building the decentralized competition layer of the internet and expanding the gaming ecosystem by creating a platform & SDK that enables game developers to supercharge their games with crypto-based rewards with just two lines of code toa increase their revenue streams.
Reneum – The de facto climate marketplace for green Web3 and the metaverse
We need to accelerate the energy transition from 20% to 80% of global renewable capacity in order to reach the 1.5 degrees established by the Paris Accord. This transition hinges on emerging markets, many of whom suffer from capital financing risks.
Reneum is a renewable energy platform aiming to disrupt the environmental credits market by creating a marketplace for clean energy tokens & NFTs serving as digital certificates of carbon credit redemption.
Mesha – A decentralized social investing platform that lets users invest together
Creating a DAO is currently incredibly difficult and prohibitive for the average investor. It requires multiple tools, high gas fees, and is largely designed for technically-savvy crypto-native users.
Mesha makes creating a DAO as simple as a chat group – users can create a team and a shared-team wallet in less than 60 seconds, and invite friends to pool funds together and start investing.
Amero – Connecting the offline world with the online, the interaction and purchase of digital assets should be easier and more accessible for everyone
Currently buying and selling digital assets in Latin America and other remote places globally is quite difficult, with high risk, little support and information for those interested in getting involved in this new financial revolution.
Amero is an exchange built for the unbanked LatAmaa and Caribbean markets (initially) that will have a network of cards (Mastercard & Visa i.e. crypto.com) with blockchain and NFC technology, as well as points of sale in affiliated businesses that accept bitcoin and cryptocurrencies.
The Round – Enabling the live entertainment industry to exploit the potential of AR and Web 3.0
There is currently no accessible way for the live entertainment industry to harness this potential and deliver experiential content that is both engaging and generates meaningful revenue.
The Round is building a creator-driven Web 3.0 ecosystem that empowers artists to build, broadcast and monetise live Augmented Reality entertainment on a decentralised marketplace.
Gravity – Making every fashion brand wearable in every virtual world
Game skins, aka clothes worn by video game characters, are a top revenue model for the most popular PC games and are paid for by 39% of gamers who play that genre. However, they are limited to use within the game which creates them and have no other value. If the game stops receiving updates, those paid-for assets are useless. Users repeatedly pay for those types of assets in every game they play.
Gravity is making skins universally wearable, protected against the whims of any single game studio, and valuable in real-world currency. To do so, they digitize clothes for fashion brands and mint them as NFTs, and provide a universal access toolkit for game developers. This enables one design to be wearable across social media, games, and metaverses, without the user even needing to know or understand how they are interacting with the blockchain.
Cryptowalkers – Building the category-defining 3D character NFT brand for the Metaverse and P2E gaming space
The Metaverse is still an abstract concept for most people that is not accessible. Even for people who are already dabbling in the NFT/crypto space, it is difficult to get a full-featured experience. There is no NFT project that has presented an immersive and multi-environment Metaverse application.
Cryptowalkers aim to provide Metaverse and P2E gaming ready avatars for digital collectors and anyone wanting to experience the Metaverse.
The Digital Dogs Company – Meet your personal 3D AI-powered crypto digital dog across VR worlds, apps, and games.
Our lives today are often manifested in loneliness, anxiety, depression and difficulties to ice-break and socialize. The virtual world has proven to be no different.
We combine AI and XR to create a continuous two-way emotional relationship with a virtual being. Each dog is unique in its appearance and personality powered by our PetOS and Digital Brain (iNFT)
Please follow and support our cohort on social media channels and keep in mind that if you are building in Web 3 and might be interested in joining our next cohort you can pre-register your startup here for the next time when applications open. You can also book a call with the Outlier Ventures team during our office hours.
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