Posts

Why Pivot is Backing NFTFN

Image
Human interactions with NFTs have evolved significantly over the past few years. NFTs have seen substantial volatility, from certificates of authentication and collectables to representations of real-world items with verifiable ownership. However, their true potential as financial instruments has yet to be fully realized — until now! Get ready for a transformation in the world of NFTs as financial instruments with NFTFN — an order-book-based NFT Perpetual DEX where traders can go long or short with leverage on NFT markets via indexing.  Through its Pivot 3.0 program, Pivot Ventures is thrilled to announce its backing of NFTFN, supporting them as they embark on the following pivotal phase of their journey within Web3 Masterclass. Why Pivot Ventures is Backing NFTFN At Pivot Ventures, we emphasize the importance of founders because their vision, drive, and leadership are the bedrock of any successful startup. In the case of NFTFN, the co-founders Vikas Singh and Abhishek Gupta bring...

Sector Spotlight: Exploring DePIN – Part 3

Image
Introduction The rise of Decentralized Physical Infrastructure Networks (DePIN) has marked a revolutionary shift in the Web 3.0 industry. Fueled by the growing interest of top Web3 investors , DePIN is redefining how industries operate by leveraging blockchain to build decentralized and secure physical and digital networks. From early pioneers like Helium and Storj Labs to today’s expansive use cases, DePIN is steering us toward a more resilient and inclusive technological future. Understanding DePIN DePIN represents the innovative intersection of blockchain technology and physical infrastructure. By decentralizing systems traditionally managed by centralized entities, DePIN empowers users with transparency, security, and ownership. Its emergence aligns seamlessly with the growing focus on Web 3.0 investment and decentralized governance. Key Sectors in the DePIN Ecosystem The DePIN Sector Map highlights a diverse range of industries where this technology has transformative potential. ...

Sector Spotlight: Exploring DePIN – Part 2

Image
 Decentralized Physical Infrastructure Networks (DePINs) are at the forefront of Web3 innovation, transforming how physical infrastructure integrates with blockchain technology. This second part of our exploration dives into DePINs' immense potential, highlighting their current market state, growth opportunities, and the role of web3 accelerators in fostering these groundbreaking projects. What Are DePINs? DePINs leverage blockchain technology to decentralize physical infrastructure such as wireless networks, cloud services, and power grids. Unlike traditional Proof-of-Work (PoW), DePINs operate on models like Proof of Physical Work (PoPW) or Token Incentivized Physical Networks (TIPIN). By incentivizing contributors with tokens, they ensure scalability, efficiency, and inclusivity. Current Market Insights As of 2023, the DePIN ecosystem comprises over 650 projects, with a market capitalization exceeding $22 billion and an annual on-chain revenue of $15 million. The sector spans s...

Sector Spotlight: Exploring DePIN – Part 1

Image
  TL;DR Decentralized Physical Infrastructure Networks (DePINs) are transforming traditional infrastructure models by leveraging blockchain technology. These networks enable autonomous, community-governed interactions in physical assets. The model operates as a decentralized peer-to-peer network of hardware, with token incentives for participants. DePINs are divided into two categories: Physical Resource Networks (PRNs) and Digital Resource Networks (DRNs). Introduction to DePIN: The Future of Infrastructure Decentralized Physical Infrastructure Networks ( DePIN ) are at the forefront of revolutionizing traditional infrastructure models, creating new opportunities in the Web 3.0 ecosystem. Just like today’s gig economy, DePIN allows for permissionless, autonomous, and community-governed networks that offer tangible physical resources. This paradigm is being powered by blockchain technology, enabling self-sovereign interactions within a peer-to-peer network of hardware resources. Th...

How Mentorship Shapes the Future of Startups

Image
 Launching and running a startup, especially in the Web 3.0 space, is no easy feat. While a promising Web3 business idea holds the potential for groundbreaking success and rewarding outcomes, the path is fraught with challenges, regardless of an entrepreneur’s prior experience. However, history has shown time and again that having a mentor —someone to guide you, offer subtle directional adjustments, and provide answers to your questions—can be the defining factor between success and failure. The Role of Mentors in Startup Growth Mentors serve as invaluable role models, offering constructive feedback, sharing real-world experiences, and providing guidance to help mentees overcome obstacles and seize opportunities. This mentorship empowers entrepreneurs to grow both professionally and personally, especially in an evolving and complex domain like Web 3.0 . What is Mentorship? According to Webster’s New International Dictionary, “To mentor is to teach or give advice or guidance to so...

Adapting to the Challenges in the Web3 Talent Pool

Image
As the Web3 ecosystem continues to evolve, reshaping industries through decentralized technologies and cryptocurrencies, projections estimate that the space will reach 1 billion users by 2030. While this growth presents exciting opportunities, it also brings significant challenges, particularly in the area of talent acquisition. As the demand for skilled professionals in the Web3 space grows, the emerging Web3 talent landscape faces several key obstacles that must be addressed quickly to ensure sustained development. Skill Surge, Yet a Talent Shortage In June 2022, LinkedIn reported a remarkable 76% year-over-year growth in blockchain-related expertise, with leading regions such as the United States, India, China, the United Kingdom, and Singapore driving this surge. However, despite this growth, the available talent still falls short of meeting the increasing demand. This highlights a crucial gap between the available skillset and the needs of the Web3.0 startups that are scaling at ...

Unlocking XR: Turning Images into Interactive — A Pivot Masterclass

Image
 Join Pivot's masterclass, "Unlocking XR: Turning Images into Interactive Experiences," and discover how to transform static images into engaging, interactive content. Unlocking XR: Turning Images into Interactive — A Pivot Masterclass Key Focus Areas Explore the historical context of human interaction and its evolution into the digital age. Gain a solid understanding of what XR is , including an overview of the essential tools and technologies that make XR possible. Learn to create an XR application through a guided, hands-on workshop. Discuss and analyze future trends in XR to anticipate changes and opportunities in the field. Know Your Mentor Abhishek Roushan, CEO of Metakraft AI, is a seasoned entrepreneur and expert in 3D design with a strong background in business development and education. Having founded two businesses and trained over 300 young designers, he offers valuable insights into the needs of creators. His leadership at Metakraft AI has driven innovation i...