Starbase Annual Review: From VC to Accelerator, What Have We Done in 2024?

Original source: Starbase

Many friends who are familiar with Starbase know that since 2023, we have merged our capital and media businesses to establish a new accelerator brand Starbase, which is committed to establishing a global innovation and cooperation network to provide accelerated support for the three core needs of WEB3.0 startups in the commercialization process: application scenarios, capital assets and user growth.

Since the business transformation, we have realized that in the future, facing the explosion of the application layer, more and more developers and entrepreneurial teams will move from Web2 to Web3. At the same time, many native Web3 projects will adjust their business directions and goals. These 初创公司 are in great need of a professional team that can help them transition from the traditional capital market to the 加密货币 market or from the original track to a new track. They need not only funds, but also support from deep resources and rich experience.

So we decided to intervene in the project from an earlier stage to explore more high-quality assets and help more entrepreneurial teams with dreams and strength. If in 2023, we focused on developer community building and 0-1 project support, then in 2024, we will focus more on the deep acceleration of vertical track projects from 1-N, focusing on Gaming, AI, RWA and other tracks that can connect with the real world and provide more off-site incremental funds and users for the Web3 market.

2024 was an extremely hard year for us, but also a fruitful year. We summarized the core business of Starbase throughout the year in the following dimensions.

Part 1: Partner Network

Part 2: Accelerating Camp Project Development

Part 3: Influence and global resource links

Part 1: Partner Network

(1) Public chain

Project development must obtain multi-dimensional support from the public chain. At the same time, the public chain needs projects that meet its development goals to join in the construction, so cooperation with the public chain has always been the core of Starbases development.

In 2024, Starbase has established close cooperative relationships with multiple public chains such as Solana, TON, Movement, Sei, Tezos, Bitlayer, B虏 Network, etc. We are deeply involved in the ecological construction of these public chains and promote their development through all-round cooperation.

These include:

• Screen and introduce more infrastructure and high-quality projects into the public chain ecosystem;

(More than 10 Starbase acceleration projects have received support from these public chains in terms of Grants, technology, market brands, resources, etc., and the cumulative amount of public chain Grants has exceeded 1 million US dollars.)

• Organize and support various ecological activities, conduct developer education, help Web2 and Web3 startups quickly land and integrate into the public chain ecosystem, and help public chains expand their influence in Asia;

(Starbase participated in 8 public chain ecological activities as the organizer, co-organizer or supporting organization, including Meetup, After Party, Hackerhouse, Demoday, etc.)

• Provide acceleration and incubation support for startup projects in the public chain ecosystem;

(More than 200 ecological projects from different public chains have signed up for the Starbase Accelerator Camp. In the past year, we have deeply accelerated nearly 10 projects.)

(2) Ecosystem partners

In addition to joining the public chain ecosystem, the growth and explosion of the project are inseparable from the support of partners in the fields of infrastructure/tools, trading/asset management platforms, payments, data/growth platforms, accelerators/incubators, developer communities, etc. Starbase has established in-depth cooperative relationships with more than 30 industry-leading institutions. They provide Starbase acceleration camp projects with multi-faceted support such as funding, products, services and business resources, comprehensively covering the core needs of Web3 startups at all stages of the commercialization process, helping startups reduce costs and improve efficiency.

Part 2: Accelerating Camp Project Development

In 2024, Starbase will focus on three major tracks: games, AI, and RWA. We believe that these three areas are expected to lead the crypto industry into a new era of large-scale applications.

As an evergreen track throughout multiple bull and bear cycles of Web3, games have once again attracted widespread market attention with the explosion of Telegram mini-games this year. Today, Web3 games have undergone multiple rounds of updates and iterations, and are no longer limited to the attributes of Fi. The boundaries with traditional games are also becoming increasingly blurred, showing stronger integration and innovation potential.

As an emerging narrative, AI has seen significant growth in this cycle, and related concepts and technologies are in a stage of flourishing development. Although this track is still in its early stages, the application of AI, especially the explosive growth of AI Agents, has shown great potential to attract large-scale users and has become an important direction for future development.

As a key track connecting the real world and Web3, RWA is reshaping the way traditional high-quality financial assets are issued. With the rush of traditional financial giants and Web3 giants, this field has shown great potential and is expected to usher in exponential growth in the next few years, reaching the trillion-dollar market mark.

This year, Starbase has provided various support including grants, strategic guidance, market expansion, growth support and resource matching for startup projects in these three fields. These projects are highly consistent with Starbases philosophy and show strong development potential due to their innovation, team strength, product design and market prospects.

Among them, the second phase of Starbase EverGrow Grant attracted more than 200 startup projects to sign up, covering popular tracks such as GameFi, AI, DeFi, RWA, Meme, and DePIN.

• More than 30 projects received investments and funding totaling more than US$3 million.

• Nearly 10 projects have been successfully selected into the Starbase Accelerator Camp and received in-depth support in all aspects, including overall development strategy planning, brand building, user growth, technical support, and ecological resource docking. Starbase also made direct investments in particularly high-quality projects.

Accelerated Program Representative

• 街区领主

Web3s first 3A SLG medieval large-scale strategy game has received support from top institutions such as Square Enix, Krafton, Makers Fund, Bitkraft Ventures, Delphi Ventures, Animoca Brands, Immutable X, Polygon, and FunPlus. With the in-depth acceleration of Starbase, BLOCKLORDS brand awareness, influence, and user data in the Asian market have been significantly improved.

In terms of game performance, BLOCKLORDS total client downloads, DAU, MAU, retention rate and other key data have increased significantly. The new gameplay Dynasty launched in June 2024 performed particularly well. The DAU of Dynastys on-chain users alone exceeded 270K, and the MAU exceeded 1 million, making it the most active gaming project on the Base chain. The project was also successfully launched on Coinbase in July 2024, further consolidating its market position.

• Advertising Time Trace (ATT)

ATT is a forward-looking Web3.0 application project that integrates RWA, DePIN and blockchain distributed ledger technology, and has received investments from well-known institutions such as Waterdrop Capital, Starbase, Block Patch, Ayanna Research, and Deep in Labs. Through the unique DA-AIOT-P (decentralized assets-artificial intelligence Internet of Things-payment) mechanism and the revolutionary AIGV (AI generates value) business application model, ATT has built a new digital advertising ecosystem that integrates physical advertising assets, advertising e-commerce merchant/user resources and digital technology.

ATT has more than 10 million US dollars of 3D outdoor LED advertising assets in Hong Kong, Thailand, Indonesia and other places. It has cooperated with more than 200 head advertisers, linked more than 1,000 merchants, and has an annual revenue of more than 20 million US dollars. Its multiple offline flagship stores integrating AI and Web3 will be grandly opened in Hong Kong one after another.

With Starbases full range of resource support, especially in-depth collaboration in market expansion and brand building, ATT has successfully established strategic partnerships with many well-known industry organizations, and enhanced its brand influence and market penetration through multiple online and offline brand events.

• Anome

Anome is an NFT derivatives issuance and lending platform that focuses on the entire gaming scene. It integrates NFTFi, DeFi, GameFi, and SocialFi, forming a mutually reinforcing ecological closed loop in terms of gaming assets, users, and value growth.

Starbase assisted Anome in obtaining hundreds of thousands of US dollars in investment and obtained over 100,000 US dollars in grants support from Sei. After deploying Sei, Anome quickly grew into Sei Top 1 game, with a total number of users exceeding 50k, and outstanding performance in multiple dimensions such as DAU, NFT casting number, and transaction volume, actively promoting the development of Sei game ecology.

Part 3: Influence and global resource links

Asia is one of the most diverse regions in the crypto market in terms of language, culture, and policy. For projects that want to expand into the global market, the Asian market is both complex and challenging.

In 2024, Starbase went deep into key Asian cities such as Hong Kong, Taiwan, Tokyo, Kyoto, Seoul, Singapore, Bangkok, Ho Chi Minh City, and Kuala Lumpur, and successfully held more than 20 Starbase Urban Action brand events. Through these events, we deeply linked communities, KOLs, capital, family offices, local crypto institutions, and project teams in different countries and regions.

We hope to unite outstanding teams in Asia through close cooperation, help global project parties bridge the information gap, and help them better land and develop in the Asian market.

Starbase has built a rich network of resources in the Asia-Pacific region. With diversified collaborations, its influence in the Asian market continues to expand, laying a solid foundation for future market expansion and collaboration opportunities.

Through these activities, Starbase has collaborated with more than 200 industry organizations and projects, including well-known organizations such as DFG, Jsquare, and CGV as co-organizers, regional organizations such as TONX Studio, Block Patch, Coinpost, Kudasai, GuildQB, BlockTempo, 9 Cat Group, Emerge Group, ContributionDAO as event supporters, and well-known projects such as Near, Myshell, and Chainbase as speakers.

In particular, at the Bangkok event in November, Starbase, together with DFG, Jsquare, and a VC Group consisting of dozens of top VCs including Animoca Ventures, CGV, Catcher VC, DWF Ventures, Outlier Ventures, IVC, K 300 Ventures, and KX Ventures, successfully held a closed-door investor reception with targeted invitations, further deepening resource integration and cooperation exchanges.

Chinese mainland

Hongkong

Tokyo

Seoul

Bangkok

Outlook 2025

In 2025, based on the achievements of 2024, we will expand our business services from the pan-Asia-Pacific region to the world. We hope that we can work closely with more high-quality public chains and industry organizations to provide start-up projects with more extensive resources and development opportunities. At the same time, we will accelerate the expansion of business access projects to the world to support them in making breakthrough progress in the global market.

In 2025, we look forward to working with more partners to jointly drive the development of the Web3 ecosystem and create more possibilities.

原文链接

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