By Daniel Dal Bello, Director.
June 15, 2021–8 min read.

To many the mainstream adoption of crypto-products is the true holy grail achievement. Some may believe that widespread use of a platform like Coinbase or a stablecoin like USDT is impressive, however mainstream adoption of a crypto-native product like the TerraUSD (‘UST’) or TerraKRW (‘KRT’) stablecoin gives us a glimpse into an exciting future.

In this post, we’ll give you an introduction to the Terra ecosystem and explore its core ideas.


By Daniel Dal Bello, Director.
June 10, 2021–2 min read.

Hillrise Ventures today announces an investment into HoDooi.com (‘HoDooi’)—a multi-chain marketplace to create, buy, sell and re-sell NFTs. Hillrise Ventures is the private investment arm of Hillrise Group.

HoDooi is building a user-focused blockchain-agnostic NFT marketplace. Initial development will focus on a launch compatible with Binance Smart Chain with plans to continue development for Ethereum and other smart contract-enabled networks in the future.

As the NFT movement continues to mature, premier marketplaces and platforms for curation and engagement within this niche becomes critical to sustaining continued momentum.

To find product-market fit NFT platforms need a strong and engaged userbase. HoDooi…


By Daniel Dal Bello, Director.
June 9, 2021–8 min read.

On Tuesday 8 June, we welcomed Matt Luczynski, founder and CEO of HoDooi.com (‘HoDooi’), into the Hillrise Group Telegram chat for an AMA.

HoDooi is building a user-centric multi-chain NFT marketplace, enabling users and creators alike to easily mint, list, and trade NFTs on with little friction and at low cost.

Matt is also notably a Cofounder and former CEO of Travala.com, founded in 2017 and currently one of the world’s leading blockchain-based travel booking platforms — with their token listed on Binance after a merger with TravelByBit.

HoDooi is a portfolio company of Hillrise Ventures, and we were excited…


By Rowan Zwiers, Analyst.
May 31, 2021–7 min read.

On Friday 28 May, we welcomed Nikita Nguyen, co-founder and CEO of NFTify, into the Hillrise Group Telegram chat for an AMA.

NFTify allows businesses to create their own individualized platforms to sell NFTs, but without requiring technical experience.

Copyright protection is one of the unique features of their platform. It utilizes its proprietary system that detects fakes, duplicates, or similar tokens.

Their native N1 token powers the internal NFTify economy for NFTs, store setups/plugin purchases, rewards, and governance.

There are still a lot of steps to be taken in order to make NFT technology more accessible, and in that…


By Gabriel Tan, Analyst.
June 8, 2021–11 min read.

Polygon has been around for a long time, but really only captured mindshare over the past couple of months with the launch of established platforms like Aave, Curve and SushiSwap on Polygon (previously called Matic, token remains as MATIC).

This was all achieved despite the widespread criticisms calling on its systemic risks due to centralization. There are many arguments suggesting that Polygon is not a layer-2, rather it is a sidechain.


By Rowan Zwiers, Analyst.
May 20, 2021–7 min read.

On Tuesday 18 May, we welcomed Gamee co-founders Bozena Rezab and Jan Castek into the Hillrise Group Telegram chat for an AMA.

Gamee is a casual gaming platform with over 25 million registered users on its platform. Their games are highly social in nature due to strong integrations with Telegram.

Backed by Animoca Brands, Gamee recently launched its GMEE token, bringing crypto-gaming to an established userbase.

They’ve also recently released their limited edition G-Bots NFTs, through which they are driving NFT innovation.

We were eager to learn more about bringing crypto and NFT to an established casual gamer userbase.

In…


By Gabriel Tan, Analyst.
May 27, 2021–3 min read.

Paralink Network (‘Paralink’) is a Polkadot-based multi-chain oracle platform building on the shortfalls of incumbent solutions that will be vying for a parachain slot within the Polkadot ecosystem. Hillrise Ventures is an early supporter of Paralink Network.

In this post, we introduce and highlight the Paralink Network ecosystem and product offering.

Parachain auctions on both Polkadot and Kusama are now in full swing. Acala Network won the first slot auction on Polkadot testnet Rococo, followed on by Litentry, Phala Network, Darwinia Network, Bifrost and Plasm Network.

This is an exciting time for the project having made significant progress while the…


By Gabriel Tan, Analyst.
May 25, 2021–11 min read.

Satoshi once said that “the core design is set in stone” which might have inadvertently moulded views of Bitcoin as a “pet rock”. In my opinion, that’s fine. However, DeFi which is still extremely nascent, finds benefits from its rapid experimentation and implementations to find product-market fit.

In this post we discuss the growing lending environment within DeFi, several of the staple protocols, and new emerging players.

We see that even in something as fundamental as borrowing and lending with innovations and brand new primitives popping up beyond the “Big 3”: Aave, Compound and MakerDAO.


By Gabriel Tan, Analyst
May 18, 2021–4 min read

Insurance in the blockchain industry is still an undoubtedly nascent DeFi vertical which is reflected in the relatively low number of live projects and Total Value Locked (‘TVL’). The low levels of adoption are likely due to a mix of poor user experience (‘UX’), greed, the complexity of providing cover, and limited versatility of protocols.

However, this space is growing quickly with new projects coming to market to capture and insure DeFi as its market share continues to grow.

Shield Finance (‘Shield’) aims to solve some of the issues introduced above through its ‘Multi-chain Insurance Aggregator’. When making a trade…


By Rowan Zwiers, Analyst.
May 17, 2021–13 min read.

On Friday 14th of May, we welcomed Alex Gausman of NFTX into the Hillrise Group Telegram chat for an AMA.

NFTX is a platform bringing fungibility and composability to NFT collectibles through the creation of funds, returning ERC-20 index tokens. These are then freely tradable on a DEX (mainly SushiSwap).

The NFTX UI is currently built and maintained by the DAO, and it will soon be open-sourced just like the platform’s permissionless contracts.

NFTX token holders can use tokens for liquidity mining and governance rights. In the future, a fee switch could potentially be activated for direct value accrual to…

Hillrise Group

Supporting ambitious Web3 startups with early-stage venture capital and fundamental research.

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