At TOKEN2049 Dubai Singapore, Andrei Grachev, Managing Partner of DWF Labs, spoke during the panel ‘Memecoins: Fleeting Trend or Crypto Evolution?’. He shared his insights alongside Sandra Leow (Research Partner at Kaito AI), Murad Mahmudov, Ansem (Founder and Investor at Bullpen), and Mike Dudas (Managing Partner at 6th Man Ventures).
Panellists discussed the rise, risks, and future of memecoins in the crypto ecosystem. Keep reading for a recap of their insightful discussion.
The Rise of Meme Coins: From Dogecoin to Dominance
Memecoins have been a part of the crypto landscape since its early days, with Dogecoin standing as the most notable example. Over time, the concept of tokenising internet culture has evolved, leveraging viral trends from social media platforms. This shift reflects a broader trend where tokens are valued more for their community and culture than their technological utility.
Andrei Grachev highlighted the explosive growth of memecoins, noting that while 2017 saw only one major memecoin (Dogecoin), 2021 brought thousands of dog-themed tokens, with four exceeding $5 billion market caps. By 2024, millions of memecoins have been launched.
Why Memecoins Succeed: Speed, Community, and Virality
Grachev emphasised that memecoins offer a unique advantage for crypto investors: instant feedback. Unlike utility tokens, which require lengthy development timelines, memecoins provide immediate results. He shared that ‘You invest, you see your result—you have money or you don’t have money.’ This immediacy makes memecoins an attractive option for traders seeking quick returns.
However, Grachev also cautioned that meme coins are not without risks. While a few succeed, millions fail, leading to substantial losses. To mitigate these risks, Grachev stressed the importance of a strong narrative for the memecoin and structuring memecoins as a proper business by involving influencers and community. Viral distribution and strong community engagement are essential for a memecoin to thrive.
Memecoins as a Gateway to Crypto Adoption
One of the most compelling aspects of memecoins is their ability to drive blockchain adoption. Grachev explained that memecoins are a crucial user acquisition tool, contributing to the broader crypto ecosystem by onboarding new users. He shared that ‘People want something to play with, something to gamble, something for entertainment. Memecoins are the easiest way to attract these people’.
The Future of Meme Coins: Gamification and Evolution
Looking ahead, Grachev and other panellists discussed the gamification of memecoins, with platforms like Pump.Fun allowing users to create tokens instantly. This innovation has revolutionised how memecoins are launched and marketed. Additionally, panellists discussed hybrid models combining NFTs and fractionalised memecoins emerging as a major trend.
Grachev concluded by acknowledging the speculative and volatile nature of memecoins but also their undeniable impact on the crypto market. While they carry significant risks, their ability to attract attention and drive adoption makes them a vital part of the Web3 ecosystem. As memecoins continue to evolve, they will likely remain a key player in shaping the future of blockchain technology. To support promising projects in this space, DWF Labs launched the Meme Fund.
It's been a month since the launch of DWF Labs's Cloudbreak Fund, in which we’ve pledged $20M USD to support promising Web3 projects within Chinese-speaking regions. With over 90 project submissions in just the past four weeks, the fund is well on its way to fostering innovation and providing crucial market-making (MM) support to Chinese-speaking founders and projects seeking support with their liquidity and ecosystem growth.
As the new generation Web3 investor and market maker, we provide financial backing to our stellar portfolio of over 700+ projects, including 20% of the top 100 projects ranked on CoinMarketCap, and 44% of the top 1000 projects ranked by the same. Our work with Web3 projects and founders in these regions extends beyond financial backing and market-making. We understand that sustainable growth for projects requires personalised and comprehensive support. This is why we have a dedicated team providing 24/7 support. This has enabled DWF Labs to grow rapidly, granting us the title of Bybit’s Top Liquidity Provider in 2023; amongst other accolades.
DWF Labs has long been a supporter of projects from Chinese-speaking regions, with some examples being Mask Network and Yuliverse; to name a few. Besides substantial investments in Mask Network, which went towards bolstering its ecosystem and market presence, we’ve also helped to further its scalability and reach by facilitating the integration of its social protocols on TON. Additionally, our partnership with Yuliverse, a gaming social metaverse platform, also helped expand its capabilities and influence through introductions within our vast network and dedicated portfolio support.
The Cloudbreak Fund was established to further provide liquidity and support to burgeoning Chinese-speaking projects in the Web3 space. The initial response has been overwhelmingly positive, with Andrei Grachev, Managing Partner at DWF Labs, expressing gratitude for the community's engagement.
'We are grateful for the community's support. The proactive engagement from so many projects reassures us that we are on the right path to build and grow together. Over the past weeks, we have focused on enhancing our services with a broader range of offerings, especially in market-making deals, striving to add value and establish long-term partnerships with our projects,' said Grachev.
The Cloudbreak Fund will nurture groundbreaking initiatives in the realms of GameFi, SocialFi, Memecoins, DeFi, AI, and Layer 1/Layer 2 infrastructure projects. This provides outstanding projects the resources needed to realise their fullest potential.
Chinese-speaking projects operating within the above categories are invited to apply to the Cloudbreak Fund and take advantage of the opportunity to accelerate their growth and gain a foothold in the Web3 ecosystem.
We are committed to fostering innovation and growth in the Web3 space, and look forward to building with you in your growth journey.
Apply for the Cloudbreak Fund here: https://www.dwf-labs.com/cloudbreak
DWF Labs在2024年7月4日正式推出Cloudbreak 2000万美元的加密原生基金，该基金专注于支持华语地区的顶尖Web3项目，覆盖了GameFi、SocialFi、Memes、DeFi、L1/L2 基础设施以及 AI等关键领域。短短四周内，此项基金吸引了大量项目方的关注，并收到了高达90多个项目的申请，充分彰显了DWF Labs致力于推动华语区项目的创新增长和生态发展的决心和影响力。
DWF Labs管理合伙人Andrei Grachev对此成果表示了衷心感谢，他表示：“我非常感谢社区的大力支持。有如此多项目的参与，让我们更坚信DWF Labs 走在一条正确的道路上，与社区共同成长和创新。过去几周内，我们也加大了服务项目范围的拓展，尤其是造市方面，已经推出了更有竞争力合作方案， 侧重于推进项目的快速成长。”
作为全球领先的Web3投资者和造市商，DWF Labs不仅在2023年荣膺Bybit最佳流动性提供商称号，还成功与 20% CMC排名前100的项目，以及44%排名前1000的项目达成合作。 其成功之道不仅限于作为造市商为市场提供流动性和有效性，更在于其关注为项目提供个性化和全方位的运营战略支持。 DWF Labs 拥有全时区不停休的专业团队，在有效满足流动性核心需求的同时，也为项目提供了投资、生态伙伴关系等全球化资源，助力其在全球范围内蓬勃发展。
DWF Labs 与华语区域的项目有着一贯的紧密合作和成功案例。例如 Mask Network，在为项目注入大量资金支持的同时还帮助其筹划了生态发展方案，促进其在 TON 上的集成社交协议;另外在与游戏社交元宇宙平台 Yuliverse 的合作中，更是体现了DWF Labs的增值服务，为其提供生态伙伴和全球资源网络，从而提升项目的知名度和影响力。
在接下来的一个月内，Cloudbreak基金诚心邀请所有阶段快速发展的优质华语区项目方的积极参与进来，期待我们在您成长的旅程中与您一起携手共建。
请点击这里: https://www.dwf-labs.com/cloudbreak
DWF Labs, the new generation Web3 investor and market maker, is set to disrupt the Real World Asset (RWA) market through a new partnership with Lumia ($ORN). Our partnership with Lumia highlights the potential for transformative change in the RWA space. By leveraging Lumia’s cutting-edge Layer-2 technology and Lumia Stream, we aim to set the stage for a new era in the RWA landscape. Lumia will ensure that tokenised assets have robust liquidity and are actively traded on top DeFi platforms.
The Real Challenge: Liquidity After Tokenisation
The real challenge isn’t just tokenising RWAs; it’s ensuring they have the necessary liquidity post-tokenisation. We will tackle this head-on through our partnership with Lumia. With real DeFi traders on platforms like 1inch, Uniswap, and PancakeSwap, Lumia will focus on distributing trillions in tokenised assets to these top platforms, ensuring active trading and liquidity.
A Game-Changing Partnership
Lumia will serve as the ultimate liquidity funnel, aggregating traditional digital assets and integrating top RWA tokenisation platforms. Through our collaboration, Lumia will connect RWAs to top trading platforms, making these assets liquid and tradable. This partnership leverages our extensive network to reshape the future of DeFi.
Transforming the Industry
With our backing, Lumia will be able to lead in the next generation of RWA assets. This partnership provides the infrastructure and technology to make RWAs a major asset class in the blockchain ecosystem. Lumia’s vision is to position itself as the new titan in RWA liquidity, bringing industry-first assets on-chain to the world’s leading trading platforms and unlocking otherwise illiquid assets for millions of active traders.
About Lumia
Lumia is the first next-gen blockchain that provides comprehensive infrastructure across the entire life cycle of RWAs, from asset tokenization to connectivity to the millions of traders in DeFi and Web3.
DWF Labs, a new generation Web3 market maker and investment firm, has announced ambitious plans for continued growth and innovation despite challenging market conditions. Since its inception, the company has been on an expansion trajectory, with its journey ahead promising to be even more robust and dynamic. The recent launch of its new website is one of many steps DWF Labs is taking to better align their efforts in greater transparency and fair market practices.
In 2023, DWF Labs was recognized by Binance to be the most active investor, and also became Bybit's top crypto liquidity provider. The firm is determined to continue this momentum in 2024 and beyond, pushing forward with its expansion and hiring plans, doubling down on investments, even as other VCs withdraw or scale back.
DWF Labs aims to be the next-generation crypto liquidity provider, ensuring end-to-end support for its portfolio companies, including marketing, key opinion leader (KOL) services, launching funds, operating nodes and more. Its history as a high-frequency trading (HFT) firm underscores its deep expertise and commitment to excellence in this space.
‘DWF Labs is dedicated to growth and success, evolving with the market, and continuing its commitment to building with outstanding projects through all market conditions,’ said Andrei Grachev, Managing Partner at DWF Labs. ‘Our vision is to support and nurture the Web3 ecosystem, providing the necessary infrastructure and resources to help projects succeed.’
This global expansion is a clear signal that the firm is positioning itself as a stabilising force amidst crypto market volatility. The company’s commitment to supporting Web3 projects remains unwavering, and it is launching new funds to fuel this growth. For example, the recently announced Cloudbreak Fund has allocated $20 million to startups in Chinese-speaking regions focused on GameFi, SocialFi, memecoins, crypto derivatives, and Layer 1 and Layer 2 infrastructure projects.
Looking forward, DWF Labs will continue to launch funds in other regions to support the global Web3 ecosystem and beyond. The company's expansion and dedication to innovation solidifies DWF Labs’s position as the most active and important company in the industry.
2024 年 7 月 4 日，币圈顶级造市商 DWF Labs 宣布推出了一只规模为 2000 万美元的新基金 Cloudbreak，旨在促进有潜力的华语项目的成长和成功。这项重大投资凸显了 DWF Labs 致力于赋能创新企业的承诺。
现阶段，加密市场似乎难以摆脱盈利困局。上一次牛市遗留下来的高估值低流通项目，使市场参与者普遍形成了互不接盘的共识。加密市场亟待一场新的革命性叙事来改变现状。
在这样的背景下，DWF Labs 推出了 Cloudbreak 基金，专注于多个关键领域的加密投资，彰显了其敏锐的市场洞察力和坚定的决心。官方公告中，DWF Labs 这样解读：
“近几个月来，华语项目在加密市场上备受关注，展现出强劲潜力。Cloudbreak 正是为了满足这一需求而推出，旨在通过健全的生态投资和全周期孵化服务，充分释放新兴华语项目的潜力。”
时至今日，加密领域依然缺乏大规模实际应用的项目，更加稀缺的是这些项目成长的适宜环境。华语地区拥有许多优秀的团队，他们在技术和项目运营方面经验丰富，但由于环境和资源的限制，许多杰出的加密产品难以得到应有的关注。接下来让我们看看 Cloudbreak 有哪些独家优势，以及如何应对挑战？
独家优势
DWF Labs 在加密领域的布局十分广泛和深入，其投资组合包括与全球 60 多个加密货币交易所合作，并涵盖 700 多个项目。DWF Labs 致力于为 Cloudbreak 基金扶持的项目提供一站式支持服务，确保这些项目能够在竞争激烈的加密市场中取得成功：
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生态系统支持：DWF Labs 为有潜力的华语项目提供一揽子产品和服务。这些项目可以完全借助 DWF Labs 强大的 Web3 网络效应，获得技术、营销和战略咨询等方面的多元化赋能。
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国际市场营销：除了在华语市场的布局，DWF Labs 还通过全球顶级媒体和关键意见领袖（KOL）为项目方提供资源，例如促进战略合作伙伴关系，增加用户群体，吸引优质的潜在投资者等，最终目的是帮助项目方扩展到更广阔的全球市场。
DWF Labs 的独特策略已被证明在加密市场极为有效，通过持续与优质项目合作并提供资源支持，其投资组合中的项目能在市场低迷时期表现突出。新推出的 Cloudbreak 基金不仅深谙华语用户和项目方的核心需求，还能为华语项目提供国际化资源，包括投资、造市、生态伙伴关系等多方面支持，助力这些项目在全球范围内蓬勃发展。
关注领域
Cloudbreak 基金将专注于具有高增长潜力的关键领域，包括 GameFi、SocialFi、Memes、DeFi、L1/L2 基础设施以及 AI 等领域。每个领域都代表着未来科技和金融发展的重要方向，具有广阔的市场前景和巨大的发展潜力。
1. GameFi
GameFi 是区块链和游戏的结合，正在迅速成为加密领域的热门趋势。通过将游戏与 DeFi 结合，GameFi 不仅改变了传统游戏的盈利模式，还为用户提供了全新的经济激励。Cloudbreak 将投资那些创新的 GameFi 项目，这些项目不仅能吸引大量玩家，还能通过独特的经济模型推动加密货币的广泛应用。
DWF Labs 旗下 GameFi 投资组合：YGG、BeamX、XAI、Shrapnel、Zentry、Ultiverse…
2. SocialFi
SocialFi 结合了社交媒体和去中心化金融的元素，旨在通过区块链技术重塑社交平台的经济模式。Vitalik Buterin 曾指出，许多理想主义的开放互联网项目已经取得了重要进展，如 Farcaster 和 Lens。这些项目通过去中心化的方式，为用户提供了更多的隐私和控制权。Cloudbreak 看好 SocialFi 的未来，计划投资那些有潜力推动下一代社交网络发展的项目。
DWF Labs 旗下 SocialFi 投资组合：Mask Network、DeBox、Beoble…
3. Memes
Memes 文化在加密社区中占有特殊的地位，宣示了加密领域的反叛精神，这个现象在 2024 年尤为明显。它们不仅是娱乐的工具，更是一种强大的传播手段。Memes 项目通过社区驱动的方式，能够迅速吸引大量用户和资金。
DWF Labs 旗下 Memes 投资组合：Milady、FLOKI、MAGA、MOG…
4. DeFi
DeFi 是金融领域的一场革命，提供了更高的金融包容性、透明性和安全性，同时降低了交易成本，推动了金融创新和市场效率。那些既新颖又创新、满足实际需求并具有强大产品市场契合度（PMF）的 DeFi 项目，将非常适合 Cloudbreak 计划。Cloudbreak 致力于构建一个更具包容性和抗风险能力的未来金融体系。
DWF Labs 旗下 DeFi 投资组合：Scallop、Jupiter、Lumia、LeverFi、Coin98 Finance...
5. L1/L2 基础设施
基础设施建设是区块链技术发展的基石，尤其在技术发展的早期阶段，强大的基础设施对于提升区块链网络的性能和可扩展性，为整个生态提供坚实支撑至关重要。Cloudbreak 将投资能够显著提升区块链网络效率和安全性的基础设施项目，推动整个行业的可持续发展。
DWF Labs 旗下 L1/L2 基础设施投资组合：TON、TRON、GALA、API3、Klaytn、Flare Network、ARPA、peaq...
6. AI
Web3 结合 AI 正在重新定义技术的边界，通过去中心化和人工智能的结合，提供了无需信任的智能解决方案。Cloudbreak 关注那些能够利用区块链技术和人工智能实现创新的项目，这些项目不仅能提升市场效率，还能开拓更多具有实际价值的应用场景。
DWF Labs 旗下 AI 投资组合：Fetch.ai、AIOZ、RSS3...
总结而言，Cloudbreak 基金旨在抓住未来科技和金融发展的重要机遇，其投资策略将围绕高增长潜力的领域展开。例如同属于消费者应用的 SocialFi 和 GameFi 项目，将在接下来吸引下一个十亿用户的过程中发挥关键作用。基础设施项目则将继续作为行业的核心支撑，确保区块链技术的稳步前进。通过这些投资方向，Cloudbreak 致力于为投资者带来丰厚的回报。
关于 Cloudbreak
Cloudbreak 是一只资金规模为 2000 万美元的加密原生基金，由 DWF Labs 推出和管理，该基金旨在促进有潜力的华语项目的成长和成功。
Website: https://dwf-labs.com/contact/cloudbreak
A crypto venture capital and market making firm DWF Labs has announced the launch of a $20 million Cloudbreak Fund. The initiative aims to empower promising crypto projects and founders in Chinese-speaking regions with substantial investments and strategic resources.
The Cloudbreak Fund will nurture groundbreaking initiatives in the realms of GameFi, SocialFi, Memecoins, Derivatives, Layer 1 and Layer 2 infrastructure, and AI. This will give outstanding projects the resources they need to realise their full potential.
Projects in Chinese-speaking regions operating within the above categories are invited to apply to the Cloudbreak Fund and take advantage of the opportunity to accelerate their growth and gain a foothold in the web3 ecosystem.
Andrei Grachev, Managing Partner at DWF Labs, said:
‘We have been working with founders in Chinese-speaking regions since 2018. I'm personally a big fan of their culture and intense, diligent work ethic. Projects in Chinese-speaking regions have experienced tremendous growth in recent months and require dedicated support to realize their full potential. To meet this need, Cloudbreak was created, a fund designed to unlock the potential of emerging projects in Chinese-speaking regions.’
As a leading crypto venture capital firm and liquidity provider, DWF Labs is able to provide financial backing and a partner network of over 700+ projects. Rated Bybit’s Best Liquidity Provider of 2024, DWF Labs oversees wallet integrations, hackathons, funding initiatives, and grant programs spanning the entire Web3 ecosystem, including blockchains such as TON, Algorand, Gala Chain, and Klaytn. Coupled with strategic brand and marketing channel distribution and a strong KOL network, DWF Labs offers holistic support for projects’ pathways to success.
Earlier this year, DWF Labs had also renewed partnership with the DMCC Crypto Centre, the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, to offer a new $5 million growth platform for Web3 and blockchain businesses.
The Cloudbreak Fund further underscores DWF Labs’s commitment to fostering innovation and growth in the Web3 space. By focusing on projects in Chinese-speaking regions, the fund will allow localized projects to bring their concept to a global audience while unlocking new use cases for Web3.
Read useful tips for Web3 founders from our VP of Ecosystems Alessia Baumgartner
A Layer 1 (L1) blockchain focused on Real World Assets (RWA), LTO Network, has announced a partnership with DWF Labs, the new generation crypto venture capital and market making firm. This collaboration will bring DWF Labs’s innovative crypto liquidity solutions to enhance LTO Network’s capabilities.
Thrilled to share about our partnership with @TheLTONetwork 🔥
— DWF Labs (@DWFLabs) June 13, 2024
We will support their team's operations as they expand in the rapidly growing RWA and tokenisation sectors - offering increased token access and value through additional exchanges.
We look forward to supporting… https://t.co/6GD265QTM2
LTO Network sees DWF Labs’s involvement playing a pivotal role in their network’s operations as they further expand with their much anticipated RWA and tokenisation ecosystem. The extensive experience of DWF Labs will support LTO Network in offering increased token access through crypto exchanges, creating additional value for the token through further partnerships and utilisation of the network, especially in Asia.
Andrei Grachev, Managing Partner of DWF Labs, said:
‘LTO Network and their unique blockchain capabilities caught our attention and we are excited to stand side by side as a partner to see them take charge in one of the most exciting and rapidly growing sectors of the crypto world, RWAs. There are a number of regions which will be very receptive to what LTO is doing and we will work together to ensure these goals are mutually achieved.’
The two companies are set to take immediate steps for working together, with collateral provided by LTO Network to the DWF Labs team for the immediate engagement of their market making services.
‘DWF Labs is one of the most prominent businesses in the Crypto space over the last 2 years, and their expertise and support will help us realise our vision and goals to be the leading RWA focused Layer 1 blockchain.’ said Rick Schmitz, CEO of LTO Network.