Morningstar Ventures

Basics

• Listed on a Top 10 worst crypto VC list by ZachXBT (10-12-2021):

"Connected to a lot of the YT’er shilling. Co-incubated projects with Moonrock (PMON). Portfolio consists of launchpads, P2E vaporware, and projects with little to no vesting, they do sometimes invest in legit projects (never lead investor then)"

Investments

• Axelar; part of their $60M ecosystem fund (19-12-2022)
• Coinweb; this fund is mentioned under the 'partner' page (17-8-2023).
• The Defiant
• Shiba Inu's Treat blockchain; part of its $12M raise (23-4-2024).