L1D is investing in web3 protocols, infrastructure and crypto native managers. The average check size for direct investments is between $1.5 million and $7 million per project.
Sparkball is a 4v4 competitive "sports fighting game" where teams must balance hitting and fighting to get a shot into the enemy goal. Described as League of Legends meets Rocket League/FIFA (FutLoL), Sparkball packs the punch of real-time action combat, while players itemize heroes and discover new strategies to support elite teamwork.
Morpho is a lending protocol that combines the liquidity pool model used by Compound or AAVE with the capital efficiency of peer-to-peer matching engines used in order books. Morpho-Compound improves Compound by providing the same user experience, liquidity, and liquidation parameters, but with an increased APY due to peer-to-peer matchings.
Squad is a Solana-based multi-signature management tool that handles complex governance and treasury aspects, with a mission to unlock the full potential of self-custody, co-ownership, and coordination for teams emerging in Web3.