Last week we were delighted to be invited by TDeFi | TradeDog Token Growth Studio, AgoraGroup and InvoiceMate to the Global Blockchain Congress - GBC in the Sofitel at the Palm in Dubai. An outstanding small gathering of 24 Startups meeting more than 60 web3 VC in 2 days.
🚀 Here are our key takeaways:
🔹Strong focus on memecoin in the market but with higher quality expectations: project needs a proven track record team and ideally will have gamification strategy to create a scalable long term product.
🔹“to the moon“ still buzzes, but expectations have been corrected. 100X vs 50x prediction correction within the next 200 days.
🔹VC momentum is back and manifests in hybrid fundraising rounds, startups have a ideal time to close tickets, preferable in a equity & token warrant combo.
🙏 Special thanks to the hosts and all attendees having great discussions:
Rishabh Gupta, Tess Hau, Constantin Kogan, Julija Bainiaksina, PhD, Brent Fulfer, Viktor Fischer, Roland Roventa, Christoph Scholze, Carolina Rios (PhD), Pranav Agarwal, Muhammad Salman Anjum, Muhammad Ibrahim Salman, Mona Tiesler, Sarah Abuagela, Patrick Martin, Saqr Ereiqat, Kaartikay Kapoor