Build whatever, wherever
Dear Investor,
We are excited to introduce Lava Network as our next fundraise, one of our top picks in our portofolio next to Portal!
Lava is a significant project, comparable in technology to Celestia. It's a high-profile venture with its own value. Despite its size, the vesting conditions are very favorable. There will be plenty of tokens available at TGE. This means we won't need a big multiplier to get back our initial investment on TGE.
Partnered with Crypto giants like AXELAR, NEAR and working together with AVAX. It is currently powering decentralized RPC for Avalanche and more.
Just like Portal and other top-tier projects in the crypto space, Lava is actively bypassing low | mid-tier launchpads and work directly with major CEX platforms and their launchpads, including Binance, ByBit, Coinbase, KuCoin, etc...
This approach involves unlocking a significant portion of tokens not immediately at launch but slightly afterward, strategically timed for optimal market conditions.
The token unlock percentage is very substantial (unlike many other projects who unlock a minimal amount), suggesting a high potential for significant profits by the time tokens are released | This technology is groundbreaking and has long-term potential, which is why smart investors are making significant investments.
With Celestia currently at 17 billion FDV, this positions us for substantial profits when tokens unlock (Celestia is sitting at 60x our FDV - not even at peak bull run)
Lava Network
Lava is a modular data network for scaling access to any blockchain. The network can flexibly support any RPC and API, and node providers compete to offer the fastest and most reliable service. In web3, application developers need to make RPC requests to send and retrieve blockchain data, while indexing helps them get specific data from a blockchain network.
“Developers use Lava to retrieve and send blockchain data (‘access blockchains’),” Cleper said. “New chains and APIs are added permissionlessly to Lava, which means the network can dynamically and quickly support access to all of web3.”
Lava can be compared with the popular modular blockchain network Celestia, but the latter is focused on data availability, and the former is focused on data access,
The Lava network is currently in testnet. Last month, it launched an incentivized public RPC service on NEAR, Evmos, Axelar, Avax and other blockchains and plans to add more chains in the near future.
Anyone can add in-demand chains and APIs as modules to Lava, with each module being served by a network of node operators competing to offer the best service. RPC is the first service supported by the protocol and already helps developers unlock innovation across 30+ chains.
By leveraging modular architecture and a peer-to-peer network of node operators, Lava powers the universal and performant infrastructure layer for developers to build whatever, wherever.
World class backer & PArtners
Lava Network has raised $15m in a seed round led by Jump Capital, Hashkey Capital and Tribe Capital.
Other investors include Alliance, Node, North Island, Quiet, Finality, Dispersion Capital, Interop Ventures and the early seed investors of the top infrastructure providers Alchemy, Blockdaemon, ConsenSys (Infura) and QuickNode. Also, validators, ecosystems and founders of Cosmos, Polkadot, Filecoin, Avax, StarkWare, Axelar, NEAR, Celestia, Celo, and more joined the round.
Lava Network Groundbreaking features
Lava operates as a comprehensive platform facilitating seamless interactions for developers, data consumers, and data providers across various chains. The protocol ensures efficient and reliable access to over 30 chains, employing incentives to encourage high-performance services from providers and algorithmically connecting consumers with the most suitable node.
Lava's Multi-Chain RPC solution ensures seamless functionality across diverse chains, emphasizing critical aspects for an optimal user experience.
Quality of Service is monitored by consumers, evaluating providers based on essential metrics. Providers submit their Quality of Service (QoS) score for rewards, linking performance to compensation. Data Reliability is maintained through rigorous fraud and fault detection checks, with an honest majority of providers identifying and penalizing wrongdoers in conflicts.
Privacy & Anonymity are prioritized, distributing relays randomly among top providers to ensure service variety. Direct communication safeguards privacy, with no traceability to Lava Wallet identities.
Scalability is inherent, with a unified approach that includes a single-step reward system, aggregation, and staking incentives for network efficiency.
Decentralized Access is encouraged, with all relays operating on a peer-to-peer (P2P) basis.
Open Source commitment allows developers to scrutinize the code and specifications, fostering transparency and collaboration within the Lava ecosystem.
Lava Modular blockchain
Competition & Upside Potential
Just like Portal and other top-tier projects in the crypto space, Lava is actively bypassing low | mid-tier launchpads and work directly with major CEX platforms and their launchpads, including Binance, ByBit, Coinbase, KuCoin, etc...
Given the project's potential, its partnerships, and ongoing discussions with major centralized exchanges (CEX), Lava has chosen to implement a delayed TGE. This approach involves unlocking a significant portion of tokens not immediately at launch but slightly afterward, strategically timed for optimal market conditions.
The token unlock percentage is very substantial (unlike many other projects who unlock a minimal amount), suggesting a high potential for significant profits by the time tokens are released. This technology is groundbreaking and has long-term potential, which is why smart investors are making significant investments.
Celestia's present Fully Diluted Valuation (FDV) stands at 17 billion.
Lava, on the other hand, is valued at a Fully Diluted Valuation of 260 million by us.
This represents a 60x multiplier when considering FDV in the current market.
The upside potential could be even greater during a peak bull run.
In addition, Celestia has recently funded the latest round for Lava, acquiring 50% of the allocation.
our deal
Investment round: AphX round
First unlock 17.01.2025 33%, then monthly for 24m
Token Price: 0.26
Our Valuation: 260m fdv
Token launch: Q2 2024
OUR ALLOCATION: $300k secured (we will negoatiate for more if demand increases)
MIN: 500$
MAX: 6000$
Fee: 19%
STABLE COIN: USDT,USDC (BEP20 ONLY)
Closed
