What Is ORE

what-is-ore-mining-in-solana-1.webp

Inside the V2 Gambling Model

what-is-ore-mining-in-solana-2.webp

ORE Tokenomics — Emission, Buybacks, and Deflation

what-is-ore-mining-in-solana-3.webp

ORE On-Chain Metrics

what-is-ore-mining-in-solana-4.webp

Conclusion

large_what-is-ore-mining-in-solana.webp

medium_what-is-ore-mining-in-solana.webp

small_what-is-ore-mining-in-solana.webp

thumbnail_what-is-ore-mining-in-solana.webp

what-is-ore-mining-in-solana.webp

ORE began as a fair-launch mining project on Solana before transforming into a revenue-driven, deflationary gambling protocol. Here’s how it works.

Solana Ventures

Foundation Capital

Santiago Roel Santos

What is Ore Mining in Solana

United States of America

Coinbase Ventures is the venture capital arm of Coinbase, one of the largest and most well-known cryptocurrency exchanges in the world. Coinbase Ventures is focused on investing in early-stage companies and projects in the blockchain and cryptocurrency space. It provides funding, resources, and support to startups and entrepreneurs working on innovative blockchain and crypto-related technologies and applications.

Coinbase Ventures

Foundation Capital is a venture capital firm made up of former entrepreneurs and helps companies and businesses grow.

Scribble Ventures

Launchpad Capital

YO (Prev. Yield Protocol)

Paradigm is a cryptocurrency-focused investment firm and venture capital company. It was founded by Matt Huang and Fred Ehrsam, both of whom have significant experience in the cryptocurrency and blockchain industry. Paradigm is headquartered in San Francisco, California, and is considered a prominent player in the digital asset and blockchain investment space.

Paradigm

Variant is an early-stage fund investing in web3. They believe the next generation of the internet will transform users into owners. They back mission-aligned founders at the earliest possible stage

Variant

Framework Ventures is a cutting-edge venture capital firm deeply immersed in the world of decentralized finance (DeFi) and blockchain technology. Founded by Michael Anderson and Vance Spencer, Framework Ventures stands out as a key player in the rapidly evolving landscape of digital assets and blockchain-based financial innovations.

Framework Ventures

CMS Holdings may also invest in early-stage blockchain and cryptocurrency projects through private investments and strategic partnerships. They provide capital and support to innovative startups in the crypto space.

CMS Holdings

Alliance is the leading crypto accelerator and founder community.

Alliance

United Kingdom

The World’s Leading Regulated Financial Institution for Digital Assets

Nexo

Robot Ventures primarily invests in projects and companies related to decentralized finance (DeFi), blockchain technology, cryptocurrencies, and the broader Web 3.0 ecosystem. They seek to identify promising early-stage projects that are building innovative solutions in these areas.

Robot Ventures

Distributed Capital Partners manages a portfolio of early stage blockchain and distributed software companies, and protocol tokens.

Distributed Capital Partners

Symbolic Capital is a crypto-native fund founded by web3 founders.

Symbolic Capital

Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets. They manage a hedge fund and several venture funds, investing across both public and private markets.

Multicoin Capital

Dragonfly Capital Partners, commonly referred to as Dragonfly Capital, is a venture capital firm that focuses on investments in the blockchain and cryptocurrency space. Dragonfly Capital is known for its active involvement in the blockchain and crypto industry and its commitment to supporting innovative projects and companies.

Dragonfly Capital

Reciprocal Ventures is a venture capital firm focused exclusively on FinTech.

Reciprocal Ventures

Ubik Capital is a major force in the blockchain industry, empowered by a team of experts who deliver exceptional Proof-of-Stake services and investment opportunities. 
Ubik Capital secures major Proof-of-Stake networks and is a trusted staking provider with years of industry experience.
Ubik Capital is a validator for Proof-of-Stake networks such as: Solana, Cosmos Hub, Cronos, Band Protocol, Coreum.

Ubik Capital

Borderless Capital is a Blockchain VC firm and a modern financial institution investing capital and co-building financial products with our portfolio companies that accelerates access, bootstraps adoption, and creates value globally through the Algorand Borderless Economy.

Borderless Capital

Superscrypt

DBA is a New York-based crypto investment firm.

Frictionless

DoubleZero

Founders Fund is a venture capital firm based in San Francisco, specializing in investments in science and technology companies.

Founders Fund

Investing in the crypto-powered Web3 and creator economy ecosystems

6MV (6th Man Ventures)

Chapter One Ventures

Haun Ventures

Spearhead

Helius

Solana Ventures' mission is to accelerate the growth of the Solana blockchain and adjacent ecosystems by providing capital to the most promising teams building in the crypto ecosystem.

Big Brain Holdings Invests in Seed, Pre-Seed and Early Stage Startups

Big Brain Holdings

Australia

Alchemy Ventures

Propel Venture Partners is a venture capital firm that focuses on opportunities at the intersection of technology and finance.

Propel Venture Partners

Magic Eden

Santiago Roel Santos is the Partner at ParaFi Capital

Third Kind Venture Capital

Philippines

Stepan Simkin

B+J Studios is a 0 to 1 builder studio developing world class blockchain-based solutions for mainstream consumer and institutional-grade use.

B+J Studios

Mert Mumtaz

Dead King Society

Colosseum

Caladan (Alphalab)

Primal is a global Web3 fund backing culture shifting ideas and innovations.

Primal Capital

Druid Ventures is a ~$13M early-stage fund focused on digital asset infrastructure and interoperability.

Druid Ventures

Fountain

Autonomy Capital

Raj Gokal

Asymmetric

Joe McCann

Anagram Crypto

Austin Federa

Geoff Renaud

Outliers Fund

Graph Ventures

MonkeVentures

Anatoly Kondiyakov

elmnts

Vietnam

Coin98 Ventures rebrands to Arche Fund, a new chapter to provide enhanced support to bold founders and ideas that will shape the future of the internet. Arche is much more than a mere name change; it encapsulates our mission, values, and the panorama of possibilities that await.

Arche Fund

SIG is a global quantitative trading firm committing its own capital to trade financial products around the world.

Susquehanna International Group (SIG)

Germany

W Ventures is a Berlin based venture design and venture capital company that offers a complete framework for the acceleration of digital business ideas for leading international companies in key B2B and B2C sectors. They are an operational VC, technology provider and innovation hub together with their industry and technology partners. They supportstart ups from seed to growth and are able to combine the best assets of established companies with the speed, agile processes and mindset of startups to accelerate growth.
With their knowledge about transactions, industry experts and extensive network from long-standing service in top management positions, they execute best practice and objective advisory services for their clients. Furthermore, they offer advisory services to assure the execution of well-ordered succession plans. They deliver mergers & acquisitions advice, advice for digital transformation strategies and co-accountability in digital business creation.

W Ventures

EverStake

CUBE

ParaFi Capital is an alternative investment firm focused on blockchain and decentralized finance markets.

ParaFi Capital

GSR, founded in 2013, is a global leader in digital asset trading and market making.
GSR is a crypto market maker and ecosystem partner

GSR Markets (GSR)

Everstake Capital invests in early-stage blockchain startups and shares its profound technological expertise with them.

Everstake Capital

The CMT Group has acted as a valued collaborator to numerous exchanges, clearing firms, and trading and investment teams, generating edge by pairing market insight with early adoption and innovation of nascent technologies.

CMT Digital

Blockchain.com Ventures is a venture fund anchored and supported by Blockchain.com & Lightspeed Venture Partners

Blockchain.com Ventures

Jane Street is a global trading firm and liquidity provider with a unique focus on technology and collaborative problem solving.

Jane Street Capital

United Arab Emirates

Vy Capital is an investment firm that focuses on the internet and software industry. It was founded in 2013 by Alexander Tamas and is headquartered in Dubai, United Arab Emirates.

Vy Capital

China

Sky9 Capital is a leading venture capital fund dedicated to supporting disruptive technologies and outstanding innovators.

Sky9

Krust

Japan

CryptoKudasaiJP

Lingfeng Capital

Human Capital partners with exceptional founders, deploying capital and building teams of the highest caliber at scale.

Human Capital

Developing innovative liquid handling products to improve the productivity, ergonomics, and workflow in labs.

Vista Lab

ZetaChain

Pantera Capital is a blockchain and cryptocurrency-focused investment firm and hedge fund. It was founded in 2013 by Dan Morehead, who is a former Wall Street executive and chief financial officer (CFO) at Tiger Management. Pantera Capital is known for being one of the earliest institutional investors in the cryptocurrency space and has been actively involved in supporting the growth and development of blockchain technology and digital assets.

Pantera Capital

Hack VC is a web3 venture capital firm. Hack VC partners with online and offline hackers who are building the future of the internet.

Hack VC

Gondi

Winklevoss Capital is the family office and investment firm established by Cameron and Tyler Winklevoss, who are best known for their early involvement in Bitcoin and their legal dispute with Mark Zuckerberg over the creation of Facebook. The Winklevoss twins, often referred to as the Winklevoss brothers or simply the Winklevii, became notable figures in the cryptocurrency and blockchain space due to their significant investments in Bitcoin and their efforts to promote and regulate the cryptocurrency industry.

Winklevoss Capital

Alan Howard

Gemini Funds provides a range of pooled investment solutions in the United States.

Gemini Funds

Crossbeam Venture Partners

BH Digital

Facilitating a hotbed of digital culture.

Polygon Studios

C2 Ventures: Investment and Advice from the Trenches

C2 Ventures

Hong Kong

Alameda Research is a quantitative cryptocurrency trading firm that provides liquidity in cryptocurrency and digital assets markets.

Alameda Research

Salad Ventures

Electric Capital is a venture capital firm that focuses on investments in blockchain and cryptocurrency-related projects and companies. Founded by Avichal Garg and Curtis Spencer, Electric Capital is known for its active involvement in the cryptocurrency space and its support for innovative blockchain technologies.

Electric Capital

Hypersphere is a crypto-native investment platform designed to partner with early-stage and public blockchain networks.

Hypersphere Ventures

Shima Capital is an early stage VC firm investing in disruptive web3 and blockchain technology companies.

Shima Capital

Venture Capital with a focus on Blockchain, AI and VR

Monday Capital

Blockwall Management is BaFin-registered blockchain venture Capital fund.

Blockwall Management

Ava Protocol

Bing Ventures

Bloccelerate VC is a venture fund backing bold entrepreneurs building category defining companies using the power of blockchain.

Bloccelerate

Taisu Ventures is a VC firm that invests in and empowers early-stage web3 companies across the globe.

Taisu Ventures

India

Peak XV Partners (Formerly Sequoia Capital India & SEA) is a leading venture capital and growth investing firm investing across India, South East Asia and beyond.

Peak XV Partners(ex-Sequoia India)

Jump Capital is a venture capital and growth equity firm that focuses on investing in technology-driven companies across various industries. With offices in Chicago and New York, Jump Capital has established itself as a strategic investor with a broad portfolio, encompassing sectors such as software, fintech, healthcare, and more.

Jump Capital

ROK Capital is a thesis driven multi-strategy fund with a distributed global team. Founded by partners with long-term operational roots in the crypto industry since 2016. We focus on concentrated, high-conviction investments in projects that we believe will be pivotal in advancing the next wave of crypto innovation and adoption.

ROK Capital

Infinite Capital supports teams at the forefront of decentralized networks and deep tech.

Infinite Capital

Genblock Capital invests exclusively in blockchain and cryptocurrency, with a focus on decentralized finance.

Genblock Capital

DeFi Capital is a Decentralized Finance investment fund.

DeFi Capital

Ratio Ventures operates as a venture capital firm.

Ratio Ventures

Our expertise lies in supporting start-ups early with capital, connections, research, and strategy.

Valhalla Capital

Sanctum Infinity

Sequoia Capital is a renowned venture capital firm with a strong presence in Silicon Valley and a global reach. Founded in 1972 by Don Valentine, it has played a significant role in the growth and development of numerous technology companies.

Sequoia Capital

Singapore

Defiance Capital is a Decentralized Finance (DeFi) focused cryptoasset fund that combines fundamental research with an activist investment approach.

DeFiance Capital

mgnr.io is a systematic proprietary trading firm that uses innovative quantitative research and rigorous engineering.

			Stage	Investors
YO (Prev. Yield Protocol)	$10.00 M	~$100.00 M	Extended Series A Round	+1		Lending Platform	Dec 14, 2025
2Z DoubleZero	$28.00 M	$400.00 M	Private Token Sale	+6		Infrastructure	Mar 6, 2025
Helius	$21.75 M	~$217.50 M	Funding Round	+3	--	Blockchain Service	Sep 19, 2024
ORE Ore	$3.00 M	~$30.00 M	Seed Round	+6		Cryptocurrency	Sep 13, 2024
Fountain	$3.50 M	~$35.00 M	Seed Round	+1		Infrastructure	Sep 10, 2024
elmnts	$2.00 M	~$20.00 M	Pre-seed	+12		DeFi	Aug 5, 2024
Helius	$9.50 M	~$95.00 M	Series A	+2	--	Blockchain Service	Feb 22, 2024
CUBE	$9.00 M	~$90.00 M	Seed Round	+4		DEX	Oct 24, 2023
ZETA ZetaChain	$27.00 M	~$270.00 M	Funding Round	+9	--	Blockchain	Aug 16, 2023
Gondi	$5.35 M	~$53.50 M	Seed Round	+2		NFT	Jul 11, 2023
SALD Salad Ventures	$13.50 M	~$135.00 M	Private Round	+6		Gaming	Feb 11, 2022
AP Ava Protocol	$5.50 M	~$55.00 M	Seed Round	+4		Infrastructure	Feb 9, 2022
INF Sanctum Infinity	$5.75 M	~$57.50 M	Seed Round	+9		Liquid Staking Tokens (LSTs)	Dec 21, 2021
CLOUD Sanctum	$5.75 M	~$57.50 M	Seed Round	+17		DeFi	Dec 21, 2021
PBX Paribus	$280,000.00	$2.00 M	Seed Round	+8		Cardano Ecosystem	May 2021
ALGO Algorand	$62.00 M	~$620.00 M	Venture Round	+12		Blockchain	Oct 2018
TRU TrueFi	$20.00 M	~$200.00 M	Strategic Round	+9		Lending Platform	Jun 2018
BAC Basis Cash	$133.00 M	~$1.33 B	Funding Round	+7		Algorithmic Stablecoins	Apr 18, 2018
OGN Origin Protocol	$28.50 M	$120.00 M	Corporate Round	+7		NFT	Jan 12, 2018
STX Stacks	$4.00 M	~$40.00 M	Series A	+26		Blockchain	Jan 5, 2017

Foundation Capital

About Foundation Capital

Investments Allocation

Fundraising Rounds