Hydra Ventures

Hydra is the world’s first fund of funds investment DAO, an investment organization focused on investing in other investment DAOs. We not only want to deploy capital but also help incubate and equip communities with their own investment capabilities. Through the experience of operating MCV, we bring our network, operating experience, and reputation to help communities with domain knowledge, expertise, and deal flow to become self-sustainable capital allocators. Hydra aims to: Invest in other investment DAOs Help communities launch their first investment DAOs from scratch Set up contributor incentives models and coordination frameworks Guidance on how to work with legal, tax, and accounting service providers Coaching first-time investors on how to invest/build up a venture portfolio Coach DAO communities on how to operate an investment DAO: We’ve built up a community of investment DAO operators who are able to coach and advise early-stage DAOs and have built up an operational manual on how to run an investment DAO aka. MCV’s ‘Book of Rituals’ We will invest in investment DAOs and communities that are both legally wrapped and cryptonative investment organizations, that span the following areas: Domain-specific focuses such as P2E, DeFi, cross-chain, web3, music, metaverse, virtual beings, DeSci, and social - ideally in emerging markets to become the first community investment organization in those ecosystems. Emerging social networks that have unique deal flow and talent access such as company/school/org alumni networks, novel social graphs, or other affinity communities. Operational expertise such as service DAOs: legal, auditing, engineering, design, recruiting and talent, or other professional expertise. Technology ecosystems such as L1s and L2 Ethereum scaling protocols.