Cookie3 Launches the Cookie3 Venture Labs with a $250K Investment Pool For Web3 Startups
Krystyna Kozak-Kornacka
Chief Marketing Officer
06 Sep '24
The first two projects - NOKS & SAYGM - from the Cookie3 Venture Labs season zero cohort have been announced, and investors attending the Cookie3 ETH Warsaw side event got an early chance to pledge their investments.
During the Cookie3 side event at ETH Warsaw, the CEO and co-founder of Cookie3 announced that the company is expanding beyond Web3 marketing products and accelerating the launch of Cookie3 Venture Labs. Startups that join Cookie3 Venture Labs will tap into the $250,000 pool, which includes the swallowing sub-pools of $100,000 for investments, $50,000 for human resources needs, and $100,000 in perks and marketing technology solutions.
The first cohort of Cookie3 Venture Labs is already filling out. The first two participating projects were introduced during the event: NOKS, the cutting-edge AI trading app that will soon be publicly available, and SAYGM, the new Telegram mini-app for easy access to rewards, quests, and airdrops. Investors who attended the event got a unique opportunity to learn about the projects’ roadmaps, USPs, and tokenomics to pledge their early investments.
Cookie3 CEO and co-founder Filip Wielanier's made a strong promise related to the Cookie3 Venture Labs future by saying: Wielanier continued: “We are excited to bring international backers and over 500 Cookie3 partners to projects ready to make a real impact in Web3. We’re highly selective, accepting only cutting-edge ideas and experienced teams into the project. This won’t be the last time you hear ‘Cookie3 Venture Labs,’ but soon, whenever you hear that a project is part of Cookie3 Venture Labs, you’ll know it’s one worth watching. ”
In addition to the $250,000 Cookie3 Venture Labs fund, projects that join Cookie3 Venture Labs will get unlimited access to Cookie3 technology, achieving time and resource savings equal to over two years of development costs.
Cookie3’s launch of the Cookie3 Venture Labs also brings exciting news to its partner - Cookie DAO, - whose unique partnership with Cookie3 grants the $COOKIE stakers access to airdrops from projects using Cookie3 technology. Similarly, as with projects in Cookie3 acceleration, projects from Cookie3 Venture Labs will dedicate a percentage of their total supply to an airdrop for $COOKIE stakers.
As Cookie3 Venture Labs kicks off with its first cohort, the team remains focused on providing Web3 startups with the tools and support they need to succeed, having recently integrated the first non-EVM chain - TON - into its data engine and with plans to soon add Solana to the mix to serve Web3 projects with data-driven insights regardless of chain or ecosystem (currently supporting On-chain, Web, Twitter & Telegram analytics for over 300 Web3 projects).
About Cookie3
Cookie3 is the ultimate Web3 product suite that accelerates projects’ growth with data & AI. This one-of-a-kind off-on-chain & social media user analytics infrastructure enables the right user attribution, conversion, retention, and data-driven campaign planning, execution, and monitoring.
Used by 300+ businesses such as Mantle, Polkastarter, or Linea, the AI & data layer of Cookie3 is a one-stop-shop with a series of products that help projects succeed within Web3. These products are tailored to every project lifecycle stage and include User Acquisition & Marketing Analytics, KOL Intelligence & Management, Matchmaking for KOLs and projects, Cookie3 Telegram Bot, and a Web3 marketing acceleration program. Unlike Web2 or Web3-only solutions, Cookie3 enables projects to understand the entire user journey and campaign performance from off-chain and social activities to on-chain actions and volumes, having previously helped customers lower marketing costs by up to 64%.
Available across most EVM chains, as well as TON and soon Solana, the Cookie3 infrastructure is based on over 14 billion transactions and 1 billion wallets processed by Cookie3 data engines that continuously analyze new wallets and transactions across the entire Web3 landscape. Cookie3 is backed by top Web3 VCs such as Spartan Group, Animoca Brands, Mapleblock and has raised 6M+ to date.