Kef Ventures <> XYRO — Investor Blog
We are proud to announce our latest investment in XYRO, an AI-powered, decentralized trading platform that seamlessly combines gamification and social trading.
Kef Ventures joins a list of notable partners such as; Coinmarketcap, Chainlink, Arbitrum, Animoca Brands, Castrum Capital and more.
Below is a brief overview of our investment in XYRO.
What is XYRO?
XYRO is built to be a completely decentralized platform that integrates AI-powered tools and gamified elements to advance the trading experience, their vision is to make trading not just a financial activity, but an engaging and rewarding experience for users worldwide.
In just a few weeks since its Mainnet launch, they have generated impressive traction:
- $5M+ in volume and $200K+ in revenue.
- 600K+ transactions and 200K+ games.
- 700K+ unique users with connected wallets on the platform.
- 3.5M+ community members and 2M+ users in their Telegram app.
You can view all analytics via Dune and Cookie3
A new (fun) way to trade
XYRO breaks from the traditional trading model by introducing social and gamification elements. This makes trading not only profitable but also entertaining, encouraging user interaction and retention.
The experience of trading on XYRO is competitive and interactive, there are missions and challenges, you’re able to compete against others, there’s leaderboards and the social elements allow you to collaborate as a collective with your friends or build relationships with new people you’ve just met.
There are 4 unique game modes:
- Up/Down: A simple prediction game where players guess if a cryptocurrency’s price will go up or down. Easy to play, with transparent pool-based rewards. Ideal for both new and experienced users to earn profits without complex analysis.
- Bull’s Eye: Challenge your market precision by predicting the exact future price of a cryptocurrency. Rewards are tiered, with higher payouts for closer estimates. Perfect for users looking to hone and showcase their analytical skills.
- Setups: Create or join trading strategies with specified entry points, targets, and stop-losses. Engage with influencers or experienced traders, and earn rewards based on community support. Encourages collaboration and deeper market understanding.
- 1v1: Customizable, player-driven challenges that can be private or public. Compete in price predictions with friends or other players. Great for fostering personal interaction and competitive spirit.
These game modes are thriving due to their simplicity, accessibility and lack of third-party interference, ensuring secure, fair and fast gameplay.
The use of Chainlink’s oracles
A key feature of XYRO’s platform is its partnership with Chainlink, which powers its decentralized oracle solution, providing XYRO with reliable, tamper-proof real-world and accurate data.
This integration ensures XYRO’s decentralization by eliminating reliance on centralized data sources and offering verifiable, immutable data for all interactions on the platform.
Users can trust that every trade, transaction, and reward is built on decentralized infrastructure — outcomes of their games are governed by real time verifiable data with no risk of manipulation.
At XYRO, we’re incredibly fortunate to have curated a strong and aligned group of hands-on investors who share our vision and drive. Timothy has supported us from an early stage, and we deeply value his guidance and expertise as we continue building toward our shared goals.
Vlad Sadkov
Vlad and his team have mastered the art of gamified social trading, building for users in an exciting, rapidly evolving user-driven industry. By combining these components into a successful working product and economic model, they’ve secured a first-mover advantage with their rapid growth since Mainnet solidifying their vision and execution. We’re thrilled to be onboard and we look forward to remain working alongside the team in the future.
Timothy Kefaloukos
Join XYRO on their journey:
About us
Kef Ventures is a web3 native early stage venture capital fund based in Australia. We combine technical analytics and fundamental research, along with years of marketing experience to assist with developing and implementing modern technical and business strategies.
