BITKRAFT Ventures

🌸 Game-Changing Women in Mobile Gaming: Meet BITKRAFT founders, Emily Yim and Kseniya (Ksusha) Zito of Superbloom! 🎮 Emily and Ksusha's journey from industry giants to startup founders is as inspiring as it is impressive. Their first app, Venue, is blooming in soft launch, blending gaming with interior design. But that's just the beginning! Some nuggets of wisdom from these powerhouse founders: 🔄 Flexibility is key 💪 Embrace resilience 🎵 Align early (like tuning instruments before a concert!) 🌈 Build a diverse, curious team We can't wait to see what they grow next! 🌱 Read more - link to article in the comments👇

Congrats and welcome to the portfolio Party Icons!

Want to take a peek behind the scenes at how we are thinking about the crypto markets? 🧠 At our recent summit in San Francisco, Carlos G. Pereira dove into this very subject. Some key insights👇 1️⃣ We believe global liquidity is key to risk asset performance. Many predicted the halving, along with the ETF approvals would trigger a bull market, but the lack of liquidity expansion held us back. Investors went long, the market got ahead of itself. We had a correction. 2️⃣ ETF inflows have been mixed. BTC has seen more institutional adoption as a result of the 'digital gold' narrative. ETH is still a very material ETF, however market expectations didn't meet reality. Despite directional improvements, adoption will likely take longer than expected. 3️⃣ All markets trend towards efficiency over time as professional allocators enter the space. Founders should not neglect the value of hype (esp. for CEX listings), however the market is starting to value fundamentals. Revenue, CAC, LTV, value accrual, in-game token demand, etc. 4️⃣ In private markets, many funds are nearing the end of their deployment cycles: The current environment is tough for VCs too! LPs have raised the bar on manager selection and overall there's less capital going around than in '20-'21. 5️⃣ Capital is still flowing into Web3, but in lesser amounts for games after generalists got burned in the last cycle. Many crypto funds went cold on gaming & gaming funds cold on crypto. The knock-on effect of less new funds & smaller old funds will be felt across the startup ecosystem. Due to perceived poor liquid performance of gaming tokens, Series A raises have struggled, with few investors willing to lead large $5m+ gaming rounds. 6️⃣ Despite the negative sentiment, liquid gaming tokens have not performed as poorly as CT would have you believe. On a relative basis, gaming has been one of the strongest sectors in crypto right behind AI tokens! 7️⃣ The vibe is shifting, and Web3 games like Off the Grid are making waves, onboarding millions of wallets and collaborating with top streamers. 🎮🔥 Get the full download here: https://lnkd.in/eX2kNUFJ

Stoked to announce we led a $6M seed round into Loot Labs, Inc, the wizards behind Boxed.gg! Massive congrats to the Loot Labs team 🤜 🤛 Boxed.gg is trying to take collectibles to the next level. Say goodbye to dusty binders—buy, authenticate, and trade your fave Pokémon, Yu-Gi-Oh!, and MTG cards all online✨ But it gets juicier 🍊 On Oct 28th, they’re launching a beta to trade CS2 weapon skins. CEO Milan H. said it best: “We are filling a valuable role in expanding and securing the collectibles market with a trusted platform” Trust + Tech = Game Changer 🔐💯 Bridging physical and digital collectibles? We think that’s the future 🎯 Big ups to our fellow voyagers Sfermion, Fabric Ventures, and Everyrealm Inc. for joining this epic quest! ⚔️🤝 Wanna get in early? Sign up for the beta at boxed.gg! https://lnkd.in/gqy8gJGe

Last week, we leveled up at our annual Summit with investors, our portfolio and industry titans 💪 Huge shoutout to all the legendary players—our participants and speakers—who helped us make the event truly epic ✨ We’re gearing up to drop highlight reels and share pro tips from the Summit in the coming weeks, so stay tuned to gain that extra XP 💡

🎮 📺 Huge congrats to our friends at Return Entertainment for taking home entertainment to the next level with Samsung Electronics Smart TV cloud gaming! With just a QR code scan, users can jump into cinematic games using their smartphones as responsive controllers. 📱In fact, a recent survey found that 85% of players loved the ease of using their mobile as a controller, and 88% got started playing in no time. Innovation in action! 👏

🎆 What an incredible first day at the BITKRAFT Summit in The Hibernia SF! Amazing energy as everyone connected, networked, and dove into the latest and greatest updates in games, XR, AI, and Web3. There was so much innovation and insights shared, with Day 2 currently following suit 🚀🔥

🙌 Summit day 1 has arrived! 🎉 After a night of libations and conversations with our portfolio and investors, we are welcoming guests to our first day of the BITKRAFT Summit full of insightful presentations, panels and networking. 🎤 🤝 Here's a sneak peek at how it's going 👀

Countdown to this year's BITKRAFT Summit! ⏳ We're stoked to welcome our portfolio, LPs and Industry guests at the stunning The Hibernia SF here in San Francisco October 2-3. More to come... 👀

🌟 Join Starform – Creators of Metalstorm! 🎮 BITKRAFT Ventures portfolio company, Starform, is looking for passionate creators to join their onsite team at their Seattle studio! Founded by industry veterans from companies such as King, Arena.net, 343, Wargaming, and others who all share a similar vision of creating experiences that bring players together with shared goals and common purpose: to explore, to create, to compete, and to achieve together. Current Openings: 👉 User Interface Artist 👉 Business Performance Analyst 🌱 Why Starform? At Starform, culture is everything. We are a close-knit, collaborative team where creativity thrives. We prioritize an inclusive, innovative environment that encourages personal and professional growth. Being onsite means you’ll be part of a hands-on, dynamic, and creative studio atmosphere, collaborating in real-time with a team that’s passionate about gaming. Read more about their culture and values here: https://lnkd.in/gxEuGVtz What They Offer: 🎯 A chance to work with some of the best talent in the industry 🎯A creative and supportive work environment 🎯Opportunities to make a direct impact on our projects from day one 🎯Located in the heart of Seattle, a vibrant city with a thriving tech and gaming community 🔗 Explore more about these roles and apply here: https://lnkd.in/gU6BC4cx #GameDevelopment #UnityJobs #ArtCareers #SeattleJobs #HiringNow #GamingCareers #Starform