New ECOS Ventures Index
Recently, there has been a tectonic shift in venture investments in cryptocurrencies. So Paradigm, the cryptocurrency venture capital firm created by the co-founder of Coinbase, announced the creation of a $2.5 billion venture capital fund. It is the largest crypto fund ever, even bigger than Andreessen Horowitz’s $2.2 billion fund.
FTX Trading Limited recently announced the launch of FTX Ventures. It is a $2 billion venture capital fund focused on supporting the world’s best teams building the digital asset ecosystem. The core mission of FTX Ventures is to advance the global adoption of blockchain and web3 across social media, gaming, fintech, software, and healthcare.
The growth of venture investments is visible in the graph below. In 2021, people invested more than in the previous six years combined.
“Cryptocurrency has allowed venture capitalists to grow because the return on investment in blockchain projects can be thousands of percent,” said Michael Steinberg, founder of venture capital firm Reciprocal Ventures.
Half a year ago, our company decided to enter the world of venture investments. We have hired machine learning and big data analysis experts, blockchain developers, smart contract security specialists, and financial analysts. Thanks to this, our team works with all relevant solutions in data analysis. Now we use the most up-to-date analytical services, such as Nansen, Genesis Volatility, Into the Block, and others.
Therefore, today we would like to announce our flagship venture portfolio Ecos Ventures Index! It includes the most technologically advanced and promising projects in this area, which are at the initial stage of development. Therefore, the investor will benefit from the entire growth period. We will talk about each project from our portfolio and start with the most promising – 1inch!
1inch Network is a decentralized exchange aggregator that seeks trades across multiple sources of liquidity, offering users better rates than any single exchange. The 1inch aggregation protocol includes the Pathfinder algorithm to find the best paths among:
- 60+ liquidity sources on Ethereum
- 30+ liquidity sources on Binance Smart Chain
- 30+ liquidity sources on Polygon, Optimistic Ethereum, Arbitrum.
In just two years of operation, the 1inch aggregation protocol has exceeded the total trading volume by $80 billion on the Ethereum network.
The company also has 1inch Liquidity Protocol, a next-generation automated market maker that protects users from preemptive attacks and offers compelling opportunities for liquidity providers.
The 1inch limit order protocol provides the most innovative and flexible limit order exchange experience in DeFi. Protocol features such as dynamic pricing, conditional orders, and RFQ support allow for stop loss and trailing stops, as well as auctions.
1inch Wallet is a multi-chain mobile platform that provides an easy-to-navigate interface with secure storage, transaction, and staking capabilities. This wallet has been built from the ground up to make it easy to interact with 1inch features. In addition, the 1INCH token is used to vote on protocol parameters within the decentralized autonomous organization model.
In December 2021, 1inch completed a $175 million Series B round led by Amber Group. The 50 investors included Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital, and Gemini Frontier Fund. Below you can see the 1inch price chart for the last year.
We believe that 1inch is one of the most promising projects in the decentralized exchange sector. Therefore, invest in it and other projects with the ECOS Ventures Index!