Author: Saige (@EvanCrypto 17)
After 48 hours of hard work, this is a must-see data set for Web3 players.
Among so many VCs in Web3:
Which VCs have the best vision?
Which VC-invested projects have the highest returns?
Which VCs would be more cost-effective for ordinary players to invest together in the early stage?
Which project should I choose?
What are the domestic and foreign VCs?
Do projects invested by foreign VCs have greater potential?
The following issues are what retail investors are most concerned about, and are also what primary market players (the Mao Mao Party) want to pay most attention to.
In this article, we use the most intuitive data to reveal the answers to these questions one by one.
All data comes from online disclosures. We screened a total of 65 VCs, including 23 foreign VCs, 34 domestic VCs, and 8 VCs under exchanges.
The best outcome for VC investment is that the token is listed on a major exchange.
Although we know that some projects can make money without issuing tokens, this is not a game that ordinary players can enter.
Therefore, we give the following dimensions for judgment:
quantity:
Total VC Investments
Number of coins issued by the project
Number of projects listed on Binance
OKX number of projects
Project on Coinbase
Success rate of listing:
Project listing rate on Binance = Number of projects listed on Binance / Total number of investments
Project listing rate on OKX = number of projects listed on OKX / total number of investments
Project listing rate on Coinbase = Number of projects listed on Coinbase / Total number of investments
Judgment conditions:
Comprehensive score = 2 * Binance listing rate + 1 * EURUSD listing rate + 1 * Coinbase listing rate
Binance has the largest volume, so its weight is 2
Average project return rate (ROI) = 15 * Binance listing rate + 10 * EUR/USD listing rate + 10 * Coinbase listing rate
The ROI is based on the average profit assumption that the initial investment can be 15 times on Binance, 10 times on OY, and 10 times on Coinbase. Each project is different, so the average value is taken here.
Conclusion first
According to the difference in comprehensive scores, we divided VCs into five levels: T0, T1, T2, T3, and T4. The higher the ranking, the better the VCs vision. It is more cost-effective for us to follow these VCs and invest our energy in the primary market.
VC Level:
T0 VCs include YZi Labs (formerly Binance Labs), Continue Capital, IOSG Ventures, and Bain Capital
Tier 1 VCs include Multicoin, Pantera, 1Coinfirmation, Smrti Lab, and Zonff Partners
T2 VCs include Polychain, ParaFi Capital, Dragonfly, Sequoia China, Delphi Digital, Electric Capital, Mint Ventures, and CoinFund
T3 VCs include Framework Ventures, NGC Ventures, SNZ Holding, Coinbase Ventures, OKX Ventures, etc.
T4 VCs include Animoca Brands, GSR, Hashkey Capital, Waterdrip, LD Capital, etc.
Regional VC investment output and income ranking:
Foreign VC > VC under the Exchange > Domestic VC
T 0 level VC
T0 level VCs include YZi Labs (formerly Binance Labs), Continue Captial, IOSG Ventures, and Bain Capital.
The comprehensive score is >1, and the average ROI is between 8 and 12. If we invest our energy in these VC-invested projects in the early stages, we can basically get big results. The probability of making a profit with a single coin A 7 A 8 is very high.
The detailed data is shown in the figure:
T1 Level VC
T1 level VCs include Multicoin, Pantera, 1Co nfirmation, Smrti Lab, and Zonff Partners.
The comprehensive score is between 0.7 - 1, and the average ROI is between 6 - 7.5. We put our efforts into these projects that VCs invested in early, and the returns are very good. A 6.5 is also a very good result.
The detailed data is shown in the figure:
T2 level VC
T2 level VCs include Polychain, ParaFi Capital, Dragonfly, Sequoia China, Delphi Digital, Electric Capital, Mint Ventures, and CoinFund.
The comprehensive score is between 0.5 - 0.7, and the average ROI is between 4 - 6. We put our energy into these projects where VCs invested in the early stages. The returns are a bit unstable, but there may be opportunities if we give it a try.
The detailed data is shown in the figure:
T3 level VC
T3 level VCs include Framework Ventures, NGC Ventures, SNZ Holding, Coinbase Ventures, OKX Ventures, etc.
The comprehensive score is between 0.3 - 0.5, and the average ROI is between 2.5 - 4.5. We put our energy into these VC early-stage investment projects, but the income is a bit unstable and the rate of return is not high.
The detailed data is shown in the figure:
T4 level VC
T4 level VCs include Animoca Brands, GSR, Hashkey Capital, Waterdrip, LD Capital, etc.
The comprehensive score is between 0 - 0.3 for average ROI and 0 - 2.5 for average ROI. We put our energy into these projects invested in by VCs in the early stage, but the returns are not optimistic and the probability of going public is small.
The detailed data is shown in the figure:
Easter eggs included
Binance and OUYI have a higher probability of investing in their own projects.
The probability of Coinbase investing in projects from the “Big Three” is about the same.
To sum up
Based on the data, we found that the VCs that we usually hear about are very powerful, such as a16z, Coinbase, Dragonfly, Polychain, etc., actually have no reference value for ordinary people like us.
The VC sign used by some projects may be a trap for ordinary players.
In fact, in our analysis, the projects participated by VCs at levels T0 and T1 are the ones we should really pay attention to and invest in.
The output of foreign VC investment is higher than that of domestic VC, and the output of VC investment under the exchange ranks between the two.
When considering whether a project is worth the initial investment, we look at the corresponding levels of the participating VCs and make a comprehensive judgment on the listed data. This is of great reference value for us to enter the primary market.
Once again, this article only discusses the output ratio of ordinary players following VC investment, and ranks them accordingly. It does not involve the comprehensive strength and other aspects of the companies and brands represented by VCs!
