March, 2021 has been a productive month for Delphi Ventures as we made numerous investments across multiple ecosystems.
The most apparent change as of late is that a multi-chain future is a reality. While Ethereum continues to dominate on developer mindshare, we are seeing fruitful early activity taking place on other chains through our existing portfolio companies and our new investments. This is all reminiscent of the early days of Ethereum.
In hindsight while most 2017 era Layer 1’s were created mostly to cash in on ETH’s success, Etheruem competitive layer 1’s in 2021 are differentiating on technical tradeoffs and ideologies while offering new design spaces to support new types of applications. Within our portfolio, Thorchain is preparing for its multi-chain chaosnet (a cross-chain swaps) and Zapper/Debank have continued to roll out support to visualize one’s cross chain assets while Alpha Finance has rolled out s