1/ Last week, 12 amazing startups graduated from Alliance’s ALL12 cohort.

These teams are building cutting-edge products across verticals like global payments, tokenized RWA assets, DeFi, DePIN, AI, and more.

In this thread, we’ll explore what they’re building 👇 2/ In the RWA space, @Villcaso is bringing US real estate on-chain and making it accessible to the world.

Before Villcaso, foreigners could only access US real estate by buying individual US homes or participating in REITs which aren’t accessible globally.

With Villcaso, foreigners now have access to broad-base US real estate through a permissionless token.

Alliance researcher @0xdjma recently published a detailed article on the tokenized real estate space and how Villcaso is able to offer its unique product.

x.com/0xdjma/status/…

Due to the sheer number of applications Alliance receives, we have a strong sense of what’s happening in crypto.

We’ve shared this alpha with Demo Day attendees in the past. Today, for the first time, we’re doing it publicly 🧵👇 A quick refresher.

Twice per year, Alliance brings the top 1% of Web3 founders into our community and work intensively with them for 3 months.

To join our community, founders can apply at (note: the deadline for ALL12 early applications is tomorrow!)alliance.xyz

Last night in Illinois, a bill advanced that would make unlicensed “digital asset business activity” (i.e., most blockchain activities) a felony.

If the House passes the bill, it could become law in a matter of weeks.

Alliance opposes the Digital Assets Regulation Act (DARA). Proponents of the bill claim that it has broad industry support. That is false.

We have spoken to many entrepreneurs, businesses and industry groups in IL.

Most hadn’t even heard about it.

Those who have are shocked by its language.

All of them oppose the bill.

The DCCPA greatly threatens DeFi innovation.

The proposed bill:

- gives CFTC new powers to regulate spot markets
- forces human intermediation
- forces projects to sacrifice decentralization

It favors centralized incumbents and kills startups.

Alliance opposes the DCCPA. 🧵 The DCCPA is a bill in the US Congress that may become eligible to pass as part of an end-of-year omnibus bill.

The text was introduced by @SenStabenow and @JohnBoozman in the Senate Agriculture Committee (@SenateAg).

1) 📢 Announcing Alliance DAO 📢

DeFi Alliance and hundreds of other top builders are coming together to form Alliance, the world's first digital startup nation, to accelerate the best Web3 startups.

defialliance.co/news/announcin… 2) Over 300 contributors have joined the DAO and its initial round, contributing $50m.

Our contributors are talented individuals and include incredible Web3 builders that have created the core protocols of today or are building the next crop of tomorrow’s protocols:

1) Accelerator Cohort 6: Teams and Stats! 📊

Cohort 6 was our first Web3 Games Cohort!

We selected 12 teams of 65 applicants that we felt we could best support and that represented the best Web3 game startups.

Check out the teams and stats below 👇 2) For this first Web3 Games Cohort, we selected games from across the ecosystem.

Of 65 applicants, here is the breakdown by protocol(s) they were building on. This takes into account teams building on multiple protocols.

1/ The DeFi Alliance launched with a mission to grow DeFi to 1b users by 2025.

Announcing our first fund led by @lmrankhan @QwQiao @panekkkk.

We've raised $15m led by @CMTDigitalLtd, @CumberlandSays, @jumpcapital, @mcuban and Susquehanna SIG.

defialliance.co/announcing-the… 2/ The launch of our fund not only brings key strategic partners aboard but it provides us and our startups with the funds needed to educate and grow.

We will distribute capital across the DeFi and adjacent industries (such as NFTs) investing in several dozen startups each year.