We are starting a series of interviews with our partners – namely, with funds that have invested into Choise.com. The first in line is Geekcartel, a Venture & Incubation DAO that invests in and incubates projects that hold the promise of improving the crypto industry as a whole.
We sat down to discuss things with the fund’s representative. Without further ado, let’s dive right into it:
– Can you tell us about the nature of your foundation in a nutshell?
Geekcartel is a crypto private investor DAO & incubator that has rich experience in almost all aspects of global market growth, economic model design, smart contract development support, and security auditing. The purpose of the fund is to support the early-stage Web3 startups of tomorrow with capital support, smart contract security, technical advisory, and operational enhancement.
Our team includes tech experts, white hat hackers, information security specialists, lawyers, builders of crypto projects, investors, etc. We take a deeply hands-on approach to help projects reach their full potential.
– How do you choose your projects? What do you look at first when making your choice?
Geekcartel focuses on investing in crypto projects that help develop the crypto industry. If there is a project that seeks to provide new value and solutions to this sector, it will find its way onto our watch list.
We focus on a number of core criteria when choosing to invest in a specific project. First, we look at whether it is launching/operating in a prospering field. This involves checking the development potential in this area and competitive narrative of the project.
Secondly, we choose long-term players. We invest in innovators who will be there, sticking to their mission of enhancing the crypto industry no matter if it’s good or bad times. .
Lastly, we are more inclined towards choosing projects with keen teams that have the determination to contribute their skills and expertise to the industry and its improvement.
– How do you usually participate in a project? What do you do to improve it?
Usually we participate by investing, incubating, and acting as advisors. Here are 3 main areas that we specialise in.
First is Security and Technical Advisory: we are able to provide security reviews and audits, with coverage of smart contracts written in Solidity, Rust, Go, C++, and other programming languages. Geekcartel provides professional assessments of a project’s web security, smart contract vulnerabilities, server information leakage, and more.
Next, there is Market Advisory, where we help projects match their products and services with their target audiences. Our marketing network covers a variety of regions across the world, including Europe and Southeast Asia. Over the course of our work Geekcartel has connected 200+ crypto projects with their desired audiences.
Finally, there is Tokenomics Advisory. Our economists and investment specialists can apply mathematical modelling and real-life testing to improve upon a project’s tokenomics, ensuring greater profitability and sustainability in the long run.
– Please speak on your partnership with Choise.com. How did it begin?
Choise.com was originally introduced to Geekcartel by our industry partner, and it happened to align with our vision and investment criteria. The project’s team demonstrated a deep understanding of the crypto space and its needs, and what products are in demand in the market. Therefore, we decided to launch a collaboration.
Today we are among the more prominent partners of Choise.com, having invested a sum between $200,000 and $500,000 into the project. We helped them develop their products and solutions from scratch. And we intend to continue to work together and produce better products going forward.
– Why partner with Choise.com specifically?
At Geekcartel, we strive to devote our resources and abilities to empower minds that can construct a better world for future generations. And these are the exact solutions that Choise.com is working towards. The project was built around the edge of Web 3.0, and it lets more people get their hands on cutting-edge financial products. In other words, it matches our vision.
The idea behind Choise.com is for users to get the best of CeFi and DeFi worlds in their finances. Choise.com offers its customers the freedom to choose from a variety of financial products that come with decentralised finance, while providing the straightforwardness and fool-proof experience of centralised finance infrastructure.
– What are the distinctive features of Choise.com?
What distinguishes Choise.com, and is one of the main reasons why we were confident in making the investment into them, is the project’s team. They have a great Web3 foundation and competence in the field of blockchain technology. In addition, the team also has a strong CeFi background, which is a factor that works greatly in its favour, considering the products that Choise.com is building.
The team structure is robust, its members are quite proactive in Web3 development, and, most importantly, they have the necessary passion and drive to actually achieve what they are set out to do.
Between having the understanding and expertise in the market, successful past experience, and also the massive user base, Choise.com holds firm positions in user-acquisition and market share.
Founded in 2021, Geekcartel is a DAO formed with geeks that share similar values and visions. It focuses on investing and incubating innovative Web3 projects that drive the development of the industry.
Geekcartel is committed to lead projects from 0 to 1 to 100 while minimizing risks in every aspect. The geeks and builder devote their resources, abilities and time to empower others toward the path of success, enabling bright minds to construct a better world, for future generations.
In the fast-growing cryptocurrency market, Choise.com is to lead the way as a single entry platform to yield products: staking, yield farming, multi-currency deposits, indices, hash mining.
With its global availability, a variety of on-/off-ramps, and seamless blending of CeFi and DeFi in MetaFi concept, Choise.com delivers complex yield-focused and cryptobanking products through a fun and friendly UI/UX.