The first blockchain discovery engine
Today, Thirdwave launches out of stealth with 7 million dollars in seed funding led by Framework Ventures
SAN FRANCISCO, 14 September 2022 /PRNewswire/ — Today Third waveblockchain discovery engine, announced the launch of stealth and 7 million dollars in seed funding. Thirdwave focuses on providing business data and insights and enabling game developers to better understand, find and retain customers.
Today’s newly announced seed round was led by Framework Ventures, a VC firm known for its early entry into blockchain gaming (GameFi) and decentralized finance (DeFi). The round was also supported by other leading investors, including Animoca brands, Play Ventures, Shima capital, Hustle Fundand Oceans Ventures.
The blockchain community – especially in the gaming world – has no window into the industry or customer insights that builders need. Therefore, Thirdwave has designed and built a platform that provides web3 companies, projects, DAOs and protocols with this information for the first time. The Thirdwave product exists at the intersection of community, social and chain data, giving web3 teams the first three-dimensional view of their customer analytics.
Thirdwave’s founding team is composed of experts who have built and executed on many of the products that drove web2’s transition from desktop to mobile. Co-founders, Peter Jonas and Matt Lorenzenled the core team that launched and drove much of Facebook’s gaming and mobile app strategy, developing it into a multi-billion dollar global business unit.
“We believe this wave of innovation represents one of the greatest opportunities in gaming history,” said Thirdwave co-founder, Peter Jonas. “Blockchain offers game developers and players shared ownership and, as a result, true alignment for the first time. Despite this incredible opportunity in front of the industry, much of the infrastructure needed for developers to succeed has yet to be built – this is where Thirdwave comes in.”
Thirdwave creates key infrastructure and tools that will give game developers and web3 builders a deeper understanding of the market they compete in, a clearer view of the customers they care about, and a concrete way to attract and retain high-value customers.
Over the next decade, gaming will be one of the biggest ramps for new people entering the blockchain space. For now it is 3.2B+ players worldwide, a demographic almost 10x greater than the number of current global owners of cryptocurrency. For blockchain gaming projects to succeed, someone needs to build the right infrastructure, and this is where Thirdwave comes in. Thirdwave is the only company in the world that transforms raw data—including chain activity, customer data, social channel data, website analytics, industry standards, and more—into insights that businesses need.
Here’s what Michael AndersenPartner and co-founder at Framework Ventures, shared about why he invested, “Today’s web3 developers do not have access to meaningful customer data insights, which in turn creates major inefficiencies in the build process” said Michael Andersen, co-founder of Framework Ventures. “With their previous experience building and scaling data discovery engines for consumer giants like Facebook, we believe Thirdwave is positioned to provide web3 projects, particularly in the gamefi space, with the ability to truly understand their users.”
Thirdwave will use this new seed funding to build out key elements of their discovery engine. This includes scaling and data capabilities, which will further shape the level of insight customers have access to, offering more sophisticated supply chain analytics, deep community and data grid integrations, benchmarking tools and project-specific dashboards.
Over the coming months, Thirdwave will share more updates on their efforts to accelerate the transition to the ownership economy. To follow and learn more about Thirdwave’s product, mission and vision, visit https://thirdwavelabs.com/.
About Thirdwave
Get the insights you need. Take the actions that matter. Third wave enables teams to understand, find and retain their best customers by providing key infrastructure and tools to drive growth with the first blockchain discovery engine.
Thirdwave is supported by leading investors such as Framework Ventures, Animoca brands, Play Ventures, Shima capital, Hustle Fundand Oceans Ventures. For more information please visit thirdwavelabs.comand contact us at LinkedIn and Twitter.
CONTACT: Six Eastern, [email protected]
SOURCE Thirdwave