
Elo
8.3K posts

Elo
@Metachaser24
Building @cr3dentials - prev @ethereum,@Zkemail




We are super excited to announce our partnership with @kasimoneyapp They provide cash advances to drivers on ride-hailing apps like Uber and Bolt. Drivers who verify with Cr3dentials access increased advance amounts! Gig workers have always had income. Now they have proof 🪪 #Cr3dentials #KasiMoney #GigEconomy #RideHailing #VerificationInfrastructure

Founders Friday: Cheat Codes for Builders Highlight Last session with Elo ( @Metachaser24 ) was straight to the point no fluff, just how things actually get built. From his time at @ethereum Foundation to building @Cr3dentials and Canopi, he broke down what it takes to move



The shift in the crypto fundraising landscape the past 6 months has been insane. Crypto VCs used to have to constantly be networking/writing/podcasting/going on spaces/promoting your thesis/getting on 10 deal flow calls a week, to get into good deals...now it's literally enough to just have capital to write checks. Deals are being pushed rather than dug out. Inbound if people know you have money is at an all-time high. Most firms are either 1) Out of money 2) Moved to Series A and beyond or 3) Fundraising (with no success). Deals that used to close in 2-3 weeks now close in 2-3 months. Firms with questionable business models or copy pasta of the latest trend are getting zero primary or follow-on funding (Good news!). There are now realistically <20 firms writing checks in pre-seed/seed. VCs basically have the pick of any deal they want, with more time to do DD. IMHO 25/26 are going to be historic vintages for those who stick around.

Cr3dentials and @droplinked have partnered to connect merchants in the US with lenders offering cost effective financing based on verified store revenue and assets. Compare available rates and choose what fits your business. Worth a look? Fill out this form


@VerdaVentures would love to hear from you. 7 new investments in the last 4 months.

Startup founders when they realize building the product was actually the easiest part:



The shift in the crypto fundraising landscape the past 6 months has been insane. Crypto VCs used to have to constantly be networking/writing/podcasting/going on spaces/promoting your thesis/getting on 10 deal flow calls a week, to get into good deals...now it's literally enough to just have capital to write checks. Deals are being pushed rather than dug out. Inbound if people know you have money is at an all-time high. Most firms are either 1) Out of money 2) Moved to Series A and beyond or 3) Fundraising (with no success). Deals that used to close in 2-3 weeks now close in 2-3 months. Firms with questionable business models or copy pasta of the latest trend are getting zero primary or follow-on funding (Good news!). There are now realistically <20 firms writing checks in pre-seed/seed. VCs basically have the pick of any deal they want, with more time to do DD. IMHO 25/26 are going to be historic vintages for those who stick around.



