Master Ventures Inv. Mgmt. (MVIM) Invests in Defi leader Volare Finance alongside top crypto VCs: DCG, Huobi Ventures

Master Ventures Investment Management (MVIM). today announced a seed round investment in Volare Finance, a web3 options protocol for crypto volatility markets. Volare’s most recent private round includes GSR, Arrington XRP Capital, Spark Digital Capital, GSR Markets, Huobi Ventures, and other top-tier VC’s among its investors. Top VC’s are increasingly betting on the evolution of financial tools following the initial momentum of the defi movement.

With user-friendly simplicity in mind, Volare Finance provides a DeFi option protocol for European options, option combos, and exotic options, allowing investors to adopt standard or customized option strategies portfolios as well as clients tools for hedging, speculation, and yield enhancement. With their technology, Volare Finance aims to reduce the friction traders face in options trading and make it a more accessible trading style for all. The veteran team is designing the protocol to be a one-stop shop for options traders with a range of concerns.

“MVIM believes that the Defi ecosystem is only in its beginning stages, and we expect that its continued evolution will fundamentally shape the future of finance in new and novel ways. Volare is positi oned nicely ahead of an huge opportunity to fulfill an important market need, and at a time the shift from Defi 1.0 to Defi 2.0 is imminent. The project brings a much needed option functionality to the market, and we believe they are the right team to execute their roadmap and deliver this much needed solution to the market. We look forward to supporting their mission with the industry leading resources at our disposal.”

Orion Depp, Head Managing Partner, Master Ventures Investment Management

“The partners at MVIM have a broad range of experience from backgrounds in finance, investment management, management consulting, technology startups, and venture capital.  We’re excited for the diversity of skills and support that MVIM brings to Volare.”

-Jake, Head of Product and Capital Markets, Volare Finance

Including MVIM’s investment, Volare has attracted $6m in total capital raised, and will use the funds to build their revolutionary options trading model in the emerging blockchain ecosystem. The financing news follows Volare’s recent testnet launch on the Fuji Protocol, an important milestone as the team continues in its push to provide a transparent, trustworthy, and convenient decentralized mechanism for crypto options trading.


Master Ventures Launches $30mm Polkadot & Kusama Ecosystem Fund, Master Ventures Polkadot VC Fund


Master Ventures, a $1bln Asia-based Blockchain incubator & private venture capital firm, today announced that it had launched a $30mm Venture capital fund, Master Ventures Polkadot VC Fund. The first ever of its kind, the fund will support and finance the Parachain bids of Tier 1 Blockchain / cryptocurrency projects seeking to win a Parachain slot on the Polkadot Relay Chain and will also fund early-stage investments in projects in the rapidly evolving Polkadot & Kusama ecosystem.

Polkadot and Kusama are on track to launch over 50 Parachains (2nd layer chains) over the next 18 months.  These Parachain slots will be auctioned off to the highest-bidder and these projects must hold DOT or KSM depending on which protocol they intend to leverage.  Ecosystem projects, second layer solutions such as DeFi apps & NFTs, will compete for Parachain lease rights via a candle auction system and the project that has committed the most DOT/KSM will win Parachain lease rights.  To incentivize community support towards a parachain bid, projects will issue their native tokens in exchange for a DOT Crowdloan.  This process is the Polkadot alternative to an ICO/IDO and projects’ native tokens will be “airdropped” to the DOT lenders (KSM for Kusama lenders).

Master Ventures intends to capture significant upside opportunity by funding the Parachain bids as well as investing directly into the most promising projects in the evolving Polkadot/Kusama ecosystem.

Kyle Chasse, Founder & CEO of Master Ventures states, “As a supporter of Blockchain & Cryptocurrency since 2012, we’ve evaluated over 1000 projects and invested in nearly 100 of these, many of which have committed to develop on Polkadot.  In our current portfolio of incubated projects led by the PAID Network, we’ve also committed significant research & development resources to build on Polkadot.  As such, we’ve gained amazing proprietary knowledge and insight into the current progress and future evolution of both projects and we believe Polkadot will be one of the clear long-term winning blockchains and ecosystems due to its cross-chain functionality, ease of development & deployment as well as the strength of its development community.”

Orion Depp, Managing Partner of Master Ventures Investment Management states, “Parachain winners such as Acala, Phala, & Litentry, could represent the next Compound, Maker, and  Zcash, on Polkadot’s next generation platform.  In addition to capturing significant upside opportunity via funding Parachain bids, we intend to fund leading early-stage investments in the DOT ecosystem and believe we can add significant strategic value to these projects.  We have the largest influencer reach in all of crypto, and deep experience in Tokenomics, marketing, and talent acquisition and team-building.  Lastly, we own Ignition, the #1 Initial Dex Offering (IDO) platform in all of crypto, through which we can aid our investment projects and their founders to raise additional capital and execute their long-term exit strategy.”