Web3 founder? Meet with VCs and raise funds for your startup at Epic Web3 Conference
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Hey-ho, Web3 fren ๐ย
This is Epic Web3 Newsletter โ your weekly dose of actionable insights from the major Web3 experts.
Every Monday at 10 AM (WET/GMT) we take your products TO THE MOON ๐
๐ฐ Apply as a startup to raise funds at Epic Web3 Conference
At Epic Web3 Conference we offer a unique opportunity to join Startup Pitch Competition โ a special stage for all Web3 startups that want to pitch their projects to investors.
Weโre gonna host 100+ cool VCs, foundations, and angel investors who will come to our conference. Itโll be a legendary event for those whoโre looking for investments in such a difficult time of bear market, cause IT IS the moment when investors are choosing projects they believe in.
We will organize a networking environment filled with practical experience and do our best to ensure that you, Web3 founders, enjoy 1:1 meetings with investors, get recognition for your products and much more.
Why should you apply as a startup?
โ Pitch live in front of top VCs & Accelerators;
Hereโs a sneak peek of VCs that are joining Epic Web3 Conference:
โ Get access to 1:1 networking sessions with VCs & Foundations and other activities;
โ Grab a Startup pass with 2 extra tickets for Epic Web3 Conference;
โ Boost awareness and grow to the Moon.
Who can join?
Weโre welcoming early-stage projects in the categories of DeFi, Blockchain, Gaming, Metaverse, NFT, and DAO.
How to apply?
Submit your application via the link belowย โ weโll get back to you right after the review.
๐ย Important: We have only a limited number of Startup passes โ hurry up to apply NOW to secure your spot.
๐ง Struggling to get funds in the bear market? Community Insights on how Kryptomon raised $10 million in the environment of high inflation.
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Kryptomon is an NFT play-to-earn blockchain game that combines Pokรฉmon, Tamagotchi, and CryptoKitties. Within less than a year of launch, they raised $10M in a Series A round โ and this came with a very turbulent market.
What approach did Kryptomon use to raise funds during the bear market?
Tomer Warschauer Nuni, their CMO, shared a few secrets with us:
1๏ธโฃ Clear & comprehensible positioning
In order not to confuse or intimidate investors with unknown and new-fashioned terminology, Kryptomon positioned itself as a โWeb3 gaming companyโ (instead of using terms like โblockchain gameโ, โcrypto gameโ, โNFT-based gameโ, etc.).ย
So once they approached the door, their investors could understand what Kryptomon was doing in general โ a game in the new and trendy Web3 space.
2๏ธโฃ Simple terminology
While pitching to investors, Kryptomon didnโt go deep into complex tokenomics and used clear and understandable terms. Words like โtokenomyโ or โmintingโ were there just to prove that the company knew what it was doing.
Weโve found the pitch deck that Kryptomon used to raise $10M in a round led by NFX. Here are main tips you can borrow from it:
โ Cover Slide
One of the most important duties of any pitch deck is to capture attention right from the start. The first slide of the Kryptomon pitch deck is designed in the image of the startup and sets the tone for the rest of the presentation. It emphasizes the companyโs branding by clearly displaying a logo and tagline, demonstrating the audience what theyโve prepared to share.
โ Traction Slide
Kryptomon has a strong community, as well as game traction. Because the founders recognize its value, we can see several traction slides throughout the Kryptomon pitch deck. Each of them display traction figures in an easy-to-understand manner, using charts and grids of key metrics.
โ Team Slide
The team slide is frequently presented as an afterthought, though itโs a crucial thing for any presentation. Kryptomon has positioned its staff slide at the beginning of the pitch deck, however it lacks one significant element: previous experience. Your team slides need to be not just faces and names, they have to impress investors with the prior track record of the management group.
P.S. Wanna get the full pitch deck? You can see it here.
3๏ธโฃ Equity funding
As Tomer says, the Kryptomon management team had a background experience of raising funds in the Web2 industry. This time, their main investors werenโt Web3-oriented, and the team had to make a clear offer that they would understand.ย
This is why Kryptomon opted for equity funding, which would have convinced investors that the company is viable and sustainable and has the potential to sell out.
To get deeper details on the difference between Equity vs Tokens, learn more about fundraising challenges and grab useful insights from Tomer, watch his keynote speech at Epic Web3 Summit. Itโs totally free with a 7-day trial!
More news & opportunities
Weโre excited to introduce you to our first media partners who support the Epic Web3 Conference in Lisbon.
๐ธ CoinPedia is literally a Crypto Encyclopedia that offers crypto-related comprehensive information: news, events, PR and Bitcoin event info.
๐ธ CryptoNewsZ is the go-to source for the latest news on Web3, Blockchain, Crypto, NFT, DeFi, DAOs, Metaverse & industry events.
๐ธ AroundB is a Web3 Agency that can help with professional Web3 events organization, content & marketing strategy, PR and more.
Want to join the partners list? Itโs high time to contact us!ย
Alright, thatโs all for today! ๐ But waitโฆ
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Talk soon,
Epic Web3