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AppWorks Demo Day #23 : A NFT and DeFi year
AppWorks Accelerator holds its #23 demo day virtually on December 21, unveiling 23 startups operating across the frontiers of AI/IoT, Blockchain, and Southeast Asia.
As an early mover in Blockchain and NFT investments, AppWorks selected quite an amount of blockchain-related startups joining batch 23 demo day. Demo day presents 11 DeFi- and NFT-related projects to showcase their products, leveraging the firm’s extensive experience in cryptocurrency to provide guidance and best practices in the space. Eight startups addressing dynamic opportunities in the Greater Southeast Asia region were represented in the batch, targeting verticals such as D2C brands, gaming, proptech, retail & e-commerce enablement, and more.
AppWorks Accelerator batch 23 officially kicked off in September 2021, featuring 34 teams and 66 founders from 16 different home markets, including Australia, Hong Kong, India, Russia, Singapore, Taiwan, Thailand, the United States, the United Kingdom, and Vietnam. Reflecting the global embrace of digital work, 67% of the teams are internationally-based outside of Taiwan.
Earlier this month, AppWorks closed Fund III with USD $150M. Fund III delivered AppWorks investing topics the past few years and has backed several blockchains and NFT startups including Blocto, Dapper Labs/Flow, XREX, and Animoca Brands. Among them, Dapper Labs/Flow and Animoca Brands crossed the unicorn threshold, showing that people can no longer ignore this technology.
"With a dozen years of strong growth, mobile internet is becoming a mature sector. I believe blockchain is the next disrupting technology and I have strong faith in Taiwanese blockchain startups," said Jessica Liu, Partner of AppWorks.
As one of Greater Southeast Asia’s largest accelerator programs, AppWorks holds its Demo Day twice a year, welcoming investors and business leaders seeking partnerships with carefully selected digital innovators from across the region and around the world. With the addition of AW#23, there are now 435 active startups and 1,402 founders in the community. Both the total funds raised and valuation have more than doubled in the last year. The AppWorks community now accounts for US$13.9 billion in annual revenues, creating over 20,000 high quality jobs in the digital economy.
“Our mission has always been to help founders be the best they can be, capitalize on mega paradigm shifts and maximize their impact on Taiwan and Southeast Asia. At this current stage, we are most optimistic about the disruptive potential of AI, blockchain/NFT, and SEA (ABS). We are at the cusp of the web3 revolution. 20 years from now, a few of the web3 startups or “DAOs” will become killocorns, and dozens will turn into hectocorns. Many of them can and will be born out of Taiwan and Southeast Asia. When that day comes, I am not sure where today's tech giants or financial empires will be. Many might have fallen like what AOL, Yahoo and Nokia did. There's really no better time to be a founder. AppWorks will be here to help them on this long journey, become the best founder they can become and build the most impactful startups/DAOs they can build,” said Jamie Lin, Chairman and Partner of AppWorks.
AppWorks batch 23 startups :
Web3
Anyfty: NFT bank
Artizen: NFT grants for art, science, and public goods
Autonomy Network: Decentralized automation- helping DEXes grow their volume
BlockCo Labs: Protocol for creating next-generation NFTs
GranDen: New mateverse social gaming app
Hooky: One-click DeFi and crypto debit card
Limitd: Creating and selling NFTs, made easy
Numbers: A decentralized photo network for Web 3.0
Pictta: Launchpad for NFT collections on Solana and ETH blockchain
Sloika: Photo NFT marketplace
AI & IoT
DimOrder: Point-of-Sale, eCommerce, delivery, financing, supply platform for restaurant
Munin Space: Automation of operations in remote locations with satellites, IoT, and AI
NIFLR: Autonomous checkout technology platform for retail
ROJU: Jump rope fitness app
Voutyque: Immersive online marketplace platform for premium brands
SEA
Anyone Lab: A SaaS service empowering Asian creators to become entrepreneur
Foptics: Technology enabled D2C eyewear brand
MamaHelpers: LinkedIn for foreign domestic workers
Metaco: Marketplace for gaming contents
Nüli App: Asian female fitness app
Partipost: Crowd influencer marketing and commerce platform
WeGoWhere: Marketplace for offline expenditures
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