Venionaire Web3

Igor Hadziahmetovic, Investment Director & Web3 Tech Lead at Venionaire Web3, shared his perspective on Bitcoin’s resilience beyond the US elections in a recent article: #Crypto #Bitcoin #Web3 #USElections

IC Member Juergen Hoebarth at Cosmoverse 2024 in Dubai  Juergen Hoebarth, Investment Committee member at Venionaire Web3, takes us on a tour of Cosmoverse 2024 in Dubai. Juergen, a recognized voice in the Web3 arena, represented Venionaire Web3 with his profound insights and vision for the future of blockchain technology. As a featured speaker, Juergen not only shared his expertise but also engaged with industry leaders to explore new avenues in blockchain innovation.  Held in the bustling tech-forward city of Dubai, this year's Cosmoverse provided a unique platform for stakeholders across the blockchain spectrum to connect, collaborate, and shape the future of decentralized networks. Get a firsthand glimpse of the energy and insights from Cosmoverse Dubai, guided by Juergen himself as he navigates this exciting event for Venionaire Web3!  Igor Hadziahmetovic Sergej S. Berthold Baurek-Karlic Julia Gülden-Zeisberger Iman Saïd Philipp Sakuler

Exciting moments from the Cosmoverse AG! We’re proud to share that Juergen Hoebarth, represented Venionaire Web3 at Cosmoverse AG in Dubai as a speaker. His insights were invaluable, showcasing our commitment to innovation in the Web3 space. As a member of our Investment Committee, Jürgen plays a crucial role in shaping our vision for the future. Thank you for your dedication and expertise, Jürgen! #Venionaire #Web3 #Cosmoverse #Innovation

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙𝘀 𝗢𝘂𝘁𝗽𝗮𝗰𝗶𝗻𝗴 𝗚𝗼𝗹𝗱 The total net inflows last week were the second largest since the previous weekly high from mid-March, reaching $2.13 billion. The cumulative inflows since the ETFs were listed in Jan '24 have crossed $21.2 billion. This value represents the increase in funds that ETFs have brought to the bitcoin market over time. For comparison, it took Gold ETFs about 5 years to surpass the $20 billion mark. More in the slides below! #cryptonews

ETH ETF in Down Under Australia's first Ether ETF, offering direct access to the Ethereum blockchain, was officially launched today. Trading went live on the Cboe Australia exchange and is available on most Australian brokerage platforms. What is different about the Monochrome Ethereum ETF (IETH) is that it allows for portfolio transfers, enabling investors to transfer Ether directly from self-custody wallets, decentralized (DEX) and centralized exchange (CEX) platforms into the ETF. IETH has a direct-holding structure and gives investors in Australia exposure to Ether with an in-kind subscription and redemption facility. Investors now have higher flexibility as they can directly deposit or withdraw either cash or Ether, using traditional banking rails or the Ethereum blockchain. For some investors, this is convenient and comes without the technical and security burdens associated with trading and self-custody of digital assets. Monochrome's IETH and earlier launched IBTC are Australia's first crypto ETFs offering direct access to both the Bitcoin and Ethereum blockchains and their native coins, BTC and ETH. Sources: https://t.ly/uCrCm Arian Daryabegi Georg Brameshuber 🧢 Berthold Baurek-Karlic Igor Hadziahmetovic Denis Voldman Makar Vergovskiy Julia Gülden-Zeisberger Iman Saïd Philipp Sakuler

𝗪𝗲𝗲𝗸𝗹𝘆 𝗖𝗿𝘆𝗽𝘁𝗼 𝗡𝗲𝘄𝘀 🆕 Gently Boosting Ethereum In the context of Ethereum blockchain, "slot time" is the interval at which new blocks are proposed. Shortening this interval means more blocks can be created in less time, which increases the network’s efficiency. Ethereum’s researcher Ben Adams wrote a proposal to reduce Ethereum’s slot time from 12 to 8 seconds. This change could significantly improve transaction speed, potentially increasing throughput by around 33% – and without increase of block gas limit. So, more transactions would occur in a shorter period, making the Ethereum blockchain faster and more efficient for all users. Without changing block size, proposal’s additional goal is to lower peak bandwidth requirements, resulting in smoother network operations during high-traffic moments. It's similar to efficiently handling rush hour traffic congestion without the need for extra lanes. This new proposal (EIP-7781) is currently under community review, and if approved and implemented, it could greatly improve overall user experience on Ethereum. link: https://t.ly/WYWgK Berthold Baurek-Karlic Denis Voldman Igor Hadziahmetovic

𝗪𝗲𝗲𝗸𝗹𝘆 𝗖𝗿𝘆𝗽𝘁𝗼 𝗡𝗲𝘄𝘀 🆕 Weekly News #1 DeFi Dino Keeps Pushing Aave V3, lending protocol’s latest iteration, has recaptured a significant landmark, exceeding $10.4 billion in Total Value Locked (TVL) on Ethereum – a 197% increase since January. This achievement (as of 28. Sept.) is in line with the notable revived interest in the DeFi sector. Aave V3 brings key improvements, such as enhanced capital efficiency through new features like isolation mode, strengthened risk management to attract institutional investors, and cross-chain functionality for improved interoperability. These improvements position AAVE V3 well in the growing multi-chain landscape. The protocol's growth and the overall DeFi uptick suggest rising confidence in DeFi systems, which is reflected in our VW3 portfolio. With traditional finance showing increased interest in DeFi opportunities, AAVE's focus on risk management and capital efficiency could help in bridging the two worlds. Aave V4 is planned to launch sometime in Q4 2024. Weekly News#2 Slowly and Steady While Spot BTC ETFs continue with net positive inflows in the US markets, spot ETH ETFs remain moderately active. On September 30, BlackRock's IBIT led with $72.15m in net inflows, with only two outflows coming from Ark & 21Shares and Bitwise (see the table below). With yesterday's reported data, this marks eight consecutive days of net positive inflows, which should be considered in a macro context. At the end of last week, China's central government announced plans for a financial stimulus to boost domestic markets and investor confidence. Coupled with positive economic data from the US markets, both equity and crypto markets reacted with upticks in prices, leading to an overall better quarterly close than was widely expected. #weeklycryptonews #web3 Berthold Baurek-Karlic Denis Voldman Igor Hadziahmetovic

Introducing Our New Weekly Crypto Series!🚀🔥 Stay ahead of the game with the latest news, trends, and insights from the world of crypto! Each week, we’ll dive into hot topics, major developments, and what’s next in the space. 💡 Don’t forget to share, comment, and let us know your thoughts—we want to hear your insights! Let’s keep the conversation going. 💬 #CryptoNews #WeeklySeries #StayInformed 𝗪𝗲𝗲𝗸𝗹𝘆 𝗡𝗲𝘄𝘀 #𝟭 Increased Appetite for DePIN In August and September 2024, several notable VC funds collectively raised over $500 million, primarily focusing on DePIN (Decentralized Physical Infrastructure Networks). This contributes to the total of $2.2 billion raised across verticals in 2024 by 24 crypto VC funds. Blockchain-based incentive mechanisms enable participants to build and operate decentralized critical physical infrastructure for various real-world solutions, including AI computation, geolocation & mapping, mobile networks, smart cities, data storage, and CDNs. DePIN represents one of the nascent disruptive innovations in constant development, showing high potential for the next 2-4 years. Venionaire's Web3 fund is an early investor in Akash Network, a decentralized public cloud infrastructure providing permissionless high-performance on-demand GPU for numerous AI companies. *https://t.ly/HmSGS Google Cloud Launches RPC for Blockchains Remote Procedure Calls (RPC) enable interaction with blockchains as well as access to on-chain data without the need to run a full node, which can be very costly and resource-heavy. Alchemy, Infura, Ankr, QuickNode, and others are now joined by Google Cloud in providing Web3 startups and developers with RPC services. This new addition by Google Cloud greatly supports Web3 development as it is cost-efficient, reliable, secure, and scalable. As a result, dApps can achieve increased performance, despite being quite data-intensive, at times. The enterprise-grade RPC comes with full compatibility with Ethereum's JSON-RPC standard and plans to expand to further chains in the coming year. If you're a developer, you can take a peek here and learn more. **https://t.ly/HmSGS