Oddz Finance: Investor Spotlight with AU21 Capital
Based out of San Francisco, AU21 is a leading venture capital firm backing the most brilliant projects in the crypto space, providing founders with resources and connections to succeed.
Here’s a brief interview with AU21 Capital:
1.Why did you decide to invest in Oddz Finance?
Our investment in Oddz was predicated on their ability to provide a robust and secure derivatives marketplace through a remarkably simple and transparent user interface. Derivatives are a critically important component of any financial system, and we believe that Oddz offers a powerful blend of features that will allow for wider adoption in the digital asset options market.
2. In order to fuel DeFi adoption, what issues need to be addressed in the derivatives space?
Similar to our response above, we believe that transparency, simplicity and security are paramount issues for DeFi derivative marketplaces to address. Few offerings exist that provide more than one of these elements at any given time, however, all three issues must be rectified in order to provide a suitable solution for derivative products to take a greater role in the crypto space.
3. What are the three aspects to be addressed to fuel DeFi adoption?
DeFi can accelerate the process of achieving mainstream adoption by meeting or outperforming traditional offerings in these three areas:
The Ability to Hedge Risk, through insurance products and access to derivatives platforms, like Oddz.
Risk Identification, by developing quantitative measures of creditworthiness and principal risk.
Simplification, DeFi has unintentionally entered into a technological arms race, and the overcomplication of DeFi lingo repels unsophisticated investors.
4. What kind of value does your fund bring to the founding teams on the strategic front?
Our firm brings extensive experience from a wide gamut of sectors, and has helped to provide critical guidance and consultation services for dozens of successfully launched projects. In addition to our experience in incubating, our wide-spanning portfolio and professional network are invaluable assets to our portfolio companies in forming strategic partnerships and establishing a pathway towards growth.
5. What is your investment mantra that you adhere to?
Our investment mantra mirrors our mission statement, and we maintain a focus on investing in brilliant and highly-driven founders that have a clear vision for their product. It is especially difficult to find a project that combines a great business plan with a tenacious team, and we are quick to support companies that do.
About Oddz Finance
About Oddz Finance
Oddz Protocol is a trustless On-Chain Option trading platform that expedites the execution of call and put options contracts, conditional trades, and futures. It allows the creation, maintenance, execution, and settlement of trustless option contracts, conditional tokens agreements, and futures contracts in a fast, secure, and flexible manner.
It employs the synergies of Ethereum, Binance Smart Chain, and Polkadot to unleash the potential decentralized derivatives market. It focuses on building solutions that can propel the DeFi ecosystem by simplifying derivatives trading and enhancing the user experience.
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