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Sanctor Capital’s latest mentees double down on NFTs, GameFi, and the metaverse
Graduates from the investment firm's Y-Combinator program show that the future of the industry will be a fun one.
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Sanctor Capital, a blockchain-focused investment firm, announced that eight new projects have completed its Y-Combinator-style program.
In a press release shared with CryptoSlate, the company said that the hand-selected Beta Class graduated from its Turbo six-week program after receiving mentorship from executives and experts in the industry.
Sanctor’s graduates span NFTs, interoperability, privacy, and the metaverse
The blockchain-focused investment firm will be hosting its second Demo Day on December 14th. The online event marks the end of the intense six-week program and will see the eight teams present what they have been working on.
Aside from demos from the projects, the event will include four panels featuring industry leaders from Sandbox, Infura, MetaMask, Aztec Network, Secret Network, Forte, Metalcore, and OneOf.
This is the second class to complete Sanctor Capital’s program, with the Sanctor Turbo Alpha Class graduating in September this year.
“A tremendous amount of innovation is happening right now, from infrastructure development to a host of new user experiences that are shaping the future of the internet,” Han Kao, Founder of Sanctor Capital, told CryptoSlate.
Judging by this innovation, it’s safe to assume that the next few years will see a heavy focus on the crypto industry’s most novel parts—metaverses, GameFi, and NFTs.
Out of eight Sanctor’s mentees, three are focused either on blockchain-based games or metaverse environments that feature gaming. Raini is a gaming and collectibles platform that features curated art drops and a play-to-earn game The Lords of Light. Blast offers tournaments-as-a-service infrastructure, while Sandstorm developed a metaverse hub for conducting events and facilitating item sales in the virtual world. Another graduate focused on NFTs is KnownOrigin, one of the oldest creator platforms in the crypto space.
However, if it’s judging by Sanctor’s program, the future of the crypto industry will not only be a gaming-focused one—it will be decentralized, permissionless, private, and cross-chain interoperable. Brink has been working on automating on-chain operations to improve trading, while BlockVision will enable users and dApps to interact with blockchains through a decentralized index network.
Substrate-based network ZCloak will utilize zero-knowledge proofs to improve privacy, while Sumer will use synthetic assets to provide liquidity for wrapped assets moving across blockchains.
“The debut of Sanctor’s Beta Class is representative of this trend as these worlds converge to introduce an entirely new category of dApps and games that are being built with decentralization at its core,” Kao noted.
For more information, visit sanctor.com.
Disclaimer: This is a sponsored post brought to you by Sanctor Capital.