Singapore Blockchain Investment Insights: Oasis — MetaMind Blockchain Accelerator Roadshow #2!
Our Roadshow #2 took place (virtually) in Singapore on Monday 20th December at 3pm. It was hosted by us at the Oasis — MetaMind Blockchain Accelerator, on Zoom as part of our (virtual) Roadshow en route to the launch of the first accelerator cohort: 2/2/22! Find out more about joining here: www.oasisaccelerate.com
We’re providing a series of info sessions & educational events around the Oasis Protocol Foundation & technology.
It’s a chance to hear from the best minds & leaders in Entrepreurship, VC & Blockchain!
For this event we focused on Blockchain VC investment trends within Singapore and the SEA regions.
We heard from Uzair Javaid, Co-Founder of BetterData which transforms production data into privacy-preserving and highly realistic synthetic data.
Tobias Bauer, Principal of Blockchain Founders Fund which focuses on adding value to blockchain & emerging technology projects with real world applications.
And Mohak Agarwal, Founder of Wolfedge & more recently Claystack which is a decentralised liquid staking platform which enables you to unlock the liquidity of staked assets across multiple chains.
They provided an overview of the funding landscape, adoption by key stakeholders, insights into their portfolio, and advice for developers and entrepreneurs — with a particular focus on Singapore and SEA regions.
In the Roadshow event, we also introduced our new Oasis — MetaMind Blockchain Accelerator & how it can help the new generation of Blockchain & web3 entrepreneurs & devs take their Blockchain projects to the next level!
Check out the recording below — and some of the key take-home points:
What is the Singaporean Blockchain ecosystem like?
What is the standard trajectory to a Singaporean entrepreneur or a Singaporean based company in this space?
Tobias:
Singapore has 5 million people, you’re not going to be a unicorn just launching a product in Singapore.
You’ve seen those in the more successful blockchain businesses that became big because they started off in Singapore, and then used it as a good market to explore and understand — to THEN go into similar cities and similar markets where they can control the revenue growth based on what’s worked before with similar audiences — it’s an approach that’s really interesting!
What advice would you give to entrepreneurs who are building blockchain solutions in lockdown?
Mohak Agarwal:
It has been amazing because I didn’t have to meet each and every investor across Asia. It would have been next to impossible to actually go and meet each of them!
It was also easier to expand the team side; opening up globally. It would have been impossible to make everyone come to one job location.
So the lockdown actually did give a lot of freedom in terms of people and acquiring good talent! Blockchain-based businesses can facilitate this a lot easier.
Blockchain entrepreneurs are focusing on Data and Privacy:
Uzair Javaid:
Now in Asia, everyone is kind of scrambling to find a solution and deal with their data practices just because they have to be compliant — otherwise they can get fined.
So in view of those regulatory changes, and the concept of blockchain, we do see this correlation that in terms of adoption companies are now talking about de-risking their data practices and privacy solutions, it’s the talk of the town right now.
So in terms of accelerators & programmes focused on Singapore and Southeast Asia in general, privacy is one of the prime interests right now because of these new regulations.
A little bit more about our panellists and links so you can connect with them:
Uzair Javaid (Betterdata.ai)
Turning data liabilities into assets with AI and Privacy-Preserving Technologies
Tobias Bauer (Blockchain Founders Fund)
Scalex Ventures — Location & Industry Agnostic Early Stage VC Fund Focusing on Blockchain and Emerging Technology.
Mohak Agarwal (Claystack)
ClayStack is a decentralized cross-chain liquid staking protocol helpinh users effortlessly stake their crypto assets while maintaining their liquidity.
and last, but not least!
Find out about the MetaMind Blockchain Accelerator — how we find & fund the next generation Blockchain entrepreneurs, esp. in privacy/security, data & DeFi here:
http://oasisaccelerate.com/
We’re providing intensive workshops & mentor support, up to $20K USD ROSE token grants — and a potential share of $3M direct investment into the selected companies!
We’re currently taking applications for our inaugural cohort — make sure to register your interest/apply below:
