Moon Capital Portfolio #7 — Privi

Background of Privi’s Time

As we look to the 2020s and beyond, the next big event in technology will not come from the Silicon Valley monopolies we know today. Although they may try, they will not be able to adapt to the new web3 world that society is flocking to. Web3 promises a decentralized future: a vision of fairness that offers more opportunity, a dynamic structure, and most importantly, is shaped and owned by communities rather than wealthy elites. With Web3 comes an overwhelming variety of dApps, and blockchain users need an accessible, approachable, one-stop store to optimize their experience in Web3.

Privi’s Products

Privi’s current core product is a bunch of dApps developed by themselves, all integrated on Privi Zoo, a decentralized app store consisting of social and financial apps on a powerful blockchain. Allowing a number of features and applications that do not require technical or financial skills to create their own customizable network dApp.

Next Generation Media — x-to-Earn

With the Move-to-Earn wave led by STEPN, people are looking at more possibilities for X-to-Earn, and Privi has several native dApps for transforming traditional media into X-to-Earn.

Infrastructure

To support the above series of x-to-Earn, Privi has also developed a series of Web3 decentralized dApps to build around the community, providing more possibilities and more divergent thinking for the future of new media.

DEFI

In order to facilitate Web2 people those who do not understand crypto, to better enjoy the new generation of media provided by Privi x-to-Earn, Privi also developed its own Wallet and Exchange for new users, so that Privi’s audience is not only limited to crypto, but also includes those traditional media such as tiktok users.

From Web2 to Web3

As the dApp world expands, the functionality of individual dApps will become more and more specific. Currently, 95% of the Apple App Store’s revenue comes from the top 2% of apps. While having a few major apps can satisfy most of the needs of the public, this may not be possible with Web3 because it becomes more difficult to update dApps given the nature of decentralization and smart contracts. As a result, more dApps will be needed and developed for more specific functionality, resulting in new things that we couldn’t even do on Web2.

Why We Chose Privi

Privi’s goal is to bring the benefits of decentralized apps to the masses and move away from web 2.0. Privi will not charge a fee for access to the app store, nor will it require apps to use any specific tokens, which is why we recommend more partner projects to integrate into privi to lay the foundation for a more diverse store. We recommend more partner projects to integrate into privi to build the foundation for the store’s diversification. We believe that the Privi multi-chain system will enable the most development and access to welcome our partner projects from different public chains and even independent chains to move in. privi will launch a series of their own dApps to prove their concept, so we hope to help Privi raise awareness of the benefits of web3 for users from day one.

About Moon Capital

Moon Capital is a cutting-edge investment firm focused on blockchain and cryptocurrency. Moon Capital portfolio includes, Woo Network , Infinite Launch, Litentry, Subsocial Network, Bifrost, DeepDAO and some other high-quality projects.

--

--

Moon Capital is a cutting-edge investment firm focused on blockchain and cryptocurrency.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Moon Capital

Moon Capital is a cutting-edge investment firm focused on blockchain and cryptocurrency.