Triton Liquid Fund

This week, Triton Liquid Fund is hosting a webinar to discuss what a Trump presidency means for digital assets. (Link in comments) Last week, we also commented on immediate implications following elections in our newsletter. TL;DR > Polymarket’s high odds for Trump’s win aligned with unexpected outcomes, sparking a 30% rise in Bitcoin. > BTC has a significant chance of hitting $100,000+, and Trump may establish a national Bitcoin reserve targeting 10-15% of available supply. > Institutional and government interest in Bitcoin is growing, with Wall Street seeing high trading volumes and potential US regulatory support. > Expected regulatory clarity may open up DeFi and crypto access, attracting new talent and capital to the US market. > With US support, crypto may mature, with BTC as a store of value, streamlined tokenomics, and a focus on fundamentals.

This week, Triton Liquid Fund covers Polymarket and its role in the USA 2024 election cycle TL;DR > Polymarket has drawn significant attention in the 2024 US election season, rivaling traditional polls with $3B in election-related bets. > Betting volumes have spiked, reaching daily highs of $70M, with TVL and open interest at all-time highs ($450M and $440M, respectively). > Trustworthiness is debated along political lines, with concerns about market manipulation from large, outsized bets skewing results. > Activity is partially driven by a potential Polymarket token airdrop, raising questions about inflated trading volumes and “wash trading.” > On-chain transparency offers unmatched insights into user behavior and trends, making Polymarket’s data valuable as prediction markets gain prominence. Full newsletter in the comments below.

Our grand finale at the Bitpanda stage happening right now at European Blockchain Convention #EBC10 is this look into Finding Alpha in the Digital Asset Market. Thanks to our expert guests Sadie Raney, Co-Founder & CEO at Strix Leviathan, Colla Rensch, Head of Alternatives, Funds & Quant Research at Bank Syz, Christopher Keshian, Founder and CIO at Triton Liquid Fund, Thijs van Boven, Head Trader, Digital Assets at VanEck and our wonderful moderator Jordan Walker, Head of Business Development at Re7 Capital.

NOW at BUIDL Stage: Startup Battle Round 4 - DeFi and Crypto 🚀 ChangeX, CryptoUnity, Dexodus, enfineo, fija Finance, Filtroo, Hakata, LockPod, PrimeTrader, Skyline Digital AG, and Yodl are presenting their cutting-edge DeFi and crypto solutions. Our jury—Anne-Maria Salmela (Triton Liquid Fund), Dima Foremnyi 🇺🇦 (3x Capital), Luis Pastor (Tritemius), and Rich Bond (BlockHunters Group (BHG)*)—is evaluating these disruptive projects. Join us now to see who will lead the DeFi revolution! #EBC10

Thank you European Blockchain Convention, Victoria Gago 🔜 EBC Barcelona and Daniel Salmerón 🔜 EBC Barcelona for the invite to take part in this roundtable with Anna Tutova (Coinstelegram), Ivan Maltsev (3x Capital) and Anne-Maria Salmela (Triton Liquid Fund) 🔥 We discussed about the factors that VCs really look for when evaluating web3 start-ups: the importance for the team to demonstrate knowledge and a network in its sector, the different ways to assess a project's traction, the necessity of thoroughly planning and thinking through the token launch (if the token is useful!), and the influence that macroeconomic factors can have on investment strategy 💡

Here are some photos of the A-list #web3 speakers that took the stage during ‘Web3 in The Fast Lane’ last week in #Singapore, including: → Charles Hoskinson, Founder of Input Output (IOHK) & Co-Founder of #Cardano → Pascal Gauthier, CEO, Ledger → Yat Siu, Founder & Chairman, Animoca Brands → Mingchao (Fisher) Yu, Co-Founder & CTO, Babylon Labs → Sacha Ivanov, Founder, Waves & Units.Network → Alex Krüger, Economist & #Crypto Analyst → Christopher Keshian, Founder & CIO, Triton Liquid Fund → Fady Abdel-Nour, CFA, Partner, Antler Elevate → Abdulla A., CEO, Abu Dhabi Blockchain Centre 🌟 And a big shoutout to all our moderators! → Nikita Sachdev, Founder & CEO, Luna PR → Lana Makhzoumi, Senior Account Director, Luna PR → Phillip Lord, President, Oobit → Sylvia T, Director, Bullish Did you miss the fun and would like to attend more Luna PR events? Stay tuned! 👀 #TOKEN2049 #Web3InTheFastLane #W3FL

Key Insights from Web3 Investments Panel Discussion at the European Blockchain Convention I recently had the privilege of participating in an enlightening panel discussion on Web3 investments. Alongside esteemed colleagues Carla Puel (LeadBlock Bitpanda Ventures) and Anne-Maria Salmela (Triton Liquid Fund), we explored the top factors VCs prioritize when assessing Web3 startups for investment. Here are three critical aspects we discussed: 1. Team Composition and Dynamics Success in Web3 ventures often depends on a well-rounded team with diverse skill sets. Technical expertise must be balanced with business acumen and industry knowledge. Our Approach: At 3x Capital, we emphasize the importance of shared experiences with founders and investors. This year, we organized two yacht trips to build deeper relationships and foster a comprehensive understanding of our founders' vision and capabilities. 2. Community Engagement and Brand Building In the Web3 space, community isn't just important—it's paramount. Projects prioritizing community engagement and governance tend to have stronger, more sustainable growth. My Insight: I stressed the crucial role of personal branding for founders and key team members. A strong personal brand attracts investors and partnerships and significantly enhances community trust and engagement, creating a powerful effect on project growth and sustainability. 3. Strategic Tokenomics The design and implementation of a project's token economy can significantly impact its success. Tokens can align incentives among participants, and enable novel governance models that drive innovation and user empowerment. My Analysis: I highlighted both short-term and long-term tokenomic strategies. Initially, tokens can reward early ecosystem participants, incentivize user referrals, and motivate developers. Long-term value creation can be achieved through mechanisms like revenue sharing for buybacks, token staking rewards, governance rights, and fee discounts. This comprehensive approach aligns incentives and drives sustained ecosystem health. I'm excited about the future of Web3 and would love to hear your thoughts on these insights. Let's continue this valuable discussion in the comments. A special thanks to Anna Tutova from Coinstelegram for her excellent moderation, which truly enhanced our discussion and brought out the best insights from all panelists. I'd like to express my sincere gratitude to Daniel Salmerón 🔜 EBC Barcelona and Victoria Gago 🔜 EBC Barcelona for the invitation and tireless efforts in growing the European Web3 ecosystem. Events like these play a crucial role in fostering innovation, collaboration, and growth in our industry. #Web3 #BlockchainInvesting #Tokenomics #StartupMentoring #PersonalBranding #EBC10 #EBC

It was a great experience to join European Blockchain Convention Startup Battle as a Jury member alongside Blockchain Founders Group (BFG), The Spartan Group, 3x Capital and Triton Liquid Fund. In this article we introduce startups that pitched in Round 3 which was focused on #ReFi and social impact: #FAME, Green Standard Trust, HexErgy and Universal Plastic®.

Three Factors that VCs Consider When Evaluating Web3 Startups At the recent European Blockchain Convention, our General Partner, Ivan Maltsev, joined Carla Puel (LeadBlock Bitpanda Ventures) and Anne-Maria Salmela (Triton Liquid Fund) to discuss key investment criteria in Web3. They highlighted the importance of adaptable teams, market growth potential, and token utility with genuine community engagement. Video Guideline: 1️⃣ Key metrics for evaluating startups [04:35] 2️⃣ Skills & team transparency [07:06] 3️⃣ Role of token economics & utility [10:45] 4️⃣ Community involvement & authenticity [14:03] 5️⃣ Macroeconomic influences & strategy [17:51] 6️⃣ Advice for founders raising funds [20:45] Which of these factors do you consider most vital for long-term success in Web3? https://lnkd.in/e3kbGHG9

This week, Triton Liquid Fund discusses ETH's value flows TL;DR > Ethereum’s profitability is often calculated as base fees minus priority fees and issuance, though this view misses the benefits of staking and active participation. > Holders and stakers experience different financial realities: stakers gain from priority fees and network issuance, while holders absorb issuance costs without additional income. > Stakers receive most value flows, including fees and issuance, while holders mainly benefit from transaction fee burns but bear all issuance costs. > Stakers act like “shareholders,” receiving the network’s main benefits, while holders resemble “customers,” paying fees for usage. > Active participation through staking yields substantial rewards, while passive holding is less lucrative, highlighting the value of involvement in Ethereum’s ecosystem. Full newsletter in comments below.