Sky Ventures recently invested in Bsc Launch.We want to discuss reasons behind our investment.
BSCLaunch is a smart investment platform based on Binance Smart Chain, enabling projects to raise capital in a decentralized environment, and the community to invest with safety, freedom, and equal opportunity.
Why Launchpad Platforms are popular:
There are few reasons why launchpads gained immense value. Launchpads raise was significantly less before launch as the last step before coin listing for few whitelisted investors. Less raise leads to no or less dump of tokens, and scarcity of tokens on the market leads to rising of immense value…
Sky Ventures recently invested in WeStarter. We want to discuss the reasons behind our investment.
Fundraise in Crypto Industry evolved enormously over the past few years. Initial Coin Offering(ICO) provided access to invest early in crypto projects for an average investor. But, small investor found difficult to cope with it.
Then Initial Exchange offerings (IEO) evolved and allowed a small and average investor to participate. Still, there is a significant barrier between new projects and IEO, such as volume of fundraising, etc.
Initial DEX Offering (IDO) narrows the barriers and provides easy access for early projects via Launchpads. IDO platforms…
Sky ventures recently invested in 1 Million NFTs. We want to discuss the reasons behind our investment.
Rise Of NON FUNGIBLE TOKENS :
NFT can represent a unique digital item, and thus they are not interchangeable. NFTs can represent digital files such as art, audio, video, and other creative work forms. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership. Blockchains such as Ethereum and Flow each have their token standards to define their use of NFTs.
Twitter CEO Jack Dorsey auctioned off a…
The latest addition to Sky Ventures Portfolio is Relite Finance. We want to discuss the reasons for our investment in Relite Finance.
Relite Finance is a money market protocol that enables users to lend, borrow, and stake all crypto assets in one protocol, powered by Polkadot.
Major Problems with DeFi Protocols
l )Lack of Interoperability
2) High Fees and Overcollateralization
3) Lack of Usability
Why did we decide to invest in Relite Finance?
By utilizing Polkadot technology, native Bitcoin and ERC20 assets will exist in one ecosystem.
Fair fees & Lower Collateral
Currently, most of the protocol requires…
Sky Ventures recently invested in Enex. Space. We want to discuss the reasons behind our investment.
Automatic Market Maker(AMM), Liquidity Provision, Farming, Staking, Initial Dex Offerings(IDO)’s are the significant concepts taking rise in the crypto ecosystem. But there is an area of concern of security and insane gas fee. An investor also finds it extremely tough to cope with the ever launching protocols every day, and it's impossible to be aware of all the protocols.
When Enex.Space can access all the Defi concepts in one protocol; how will it be? Isn't it exciting? Enex. …
The latest addition to Sky ventures portfolio is MILC (Media Industry Licensing Content). Media is a powerful tool for the transfer of content from creators to the audience. MILC strives to tokenize the Media Industry by providing the MILC Platform. We want to discuss the reasons that made us invest in MILC.
Media Licensing Industry:
Around 500 billion dollars are traded in-licenses every year in the professional online, film and TV, and online business. The marketplace MILT wants to focus on is vast and has enormous potential. The demand for quality content is growing relentlessly. …
The latest addition to Sky Ventures Portfolio is Mint Layer. We want to discuss the reasons for our investment in Mintlayer.
Mintlayer is a long-term, secure solution for scaling and accelerating the future of decentralized finance.
Decentralized finance is a form of finance that does not depend on central financial systems and methods such as brokerages, exchanges, or banks to offer Lending, Insurance, LP’s and utilizes smart contracts on blockchains, the most common being Ethereum.
DEFI has shown tremendous growth over the last 12 months and the total volume locked in DEFI reached 37.46 billion dollars in volume.
It has been a while since NFT Projects are gaining attention in the crypto market. Sky Ventures, after extensive research, had invested in NFT Tech.
Rise Of NON FUNGIBLE TOKENS :
NFT can represent a unique digital item, and thus they are not interchangeable. NFTs can represent digital files such as art, audio, video, and other creative work forms. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership. …
The latest addition to Sky Ventures Portfolio is Sigmadex. We want to represent an overview of Sigmadex.
Sigmadex is a decentralized,cross-chain, and multiasset marketplace combined with user governance.
Sigmadex is engineered to be an autonomous liquidity gateway that allows users to purchase /sell tokens seamlessly with Cross-chain Capabilities.
Underlying Problem regarding current Decentralized Finance
Sigma Dex Solution
One of Sky Ventures' recent investments is The APIS. We want to share the reasons that made us invest in The APIS.
The APIS offers a developer-friendly platform that serves as a turn key solution for indexing, read and write public toolkits.
Developers of decentralized applications require efficient and accurate API. Most of the indexing solutions at present are centralized. There is a lack of read and write public tool kits and also cross-chain capabilities. There are few shortcomings to be focussed on:
Bad Data prevention
Data can be returned for several competitive and non-malicious reasons, which results in downtime…