The Market Maker Worklock

The market evolves, and with it, we need new fundraising solutions for a fast shifting landscape.

Bridging solutions especially, are few and far between.

Many companies in crypto / Web3 face definitive moments that make investing challenging due to the risk factors.

What if those factors could be mitigated in a manner that tips the hat to the world of traditional finance, while embracing the unique perspective of crypto markets and liquidity?

“I was approached by a project that needed to pivot, had a great community and had the option of taking investors money... yet felt it was too risky for investors. That led me to thinging out of the box to create a new fundraising solution for the industry as a whole”
— @EnigmaFund, founder of EnigmaFund

In the search for creating an attractive funding solution, certain ideal candidate projects that came to mind:

  1. Projects that had an unfortunate moment like an exploit or hack

  2. Projects that need to pivot

  3. Projects that need capital to seize a critical opportunity

  4. Projects that need revenue generating resources like market makers, centralized exchange listing fees, liquidity and marketing capital

  5. Projects that need to survive unexpected changes in market conditions

  6. Projects that have low market caps but need an outsized injection of capital

  7. Projects that have had their liquidity destroyed by incompetent market makers

Curious about the Market Maker Worklock?

F.A.Q.

  • The term market maker refers to a firm or individual who actively quotes two-sided markets in a particular security by providing bids and offers (known as asks) along with the market size of each. Market makers provide liquidity and depth to markets and profit from the difference in the bid-ask spread. They may also make trades for their own accounts, which are known as principal trades.

  • Unfortunately they had suffered the fate many memecoins and microcaps suffer: a rogue founder. Nonetheless community memebers stepped up to take the reins, and won the confidence of the community, and many KOLs.

    Facing the challenge of entering a multi-million dollar market cap token without any token treasury or stable liquidity (the liquidity was taken by a rogue actor), the team had to make a tough decision.

    They received offers of $50k or more from investors who had great faith in the new team and project. However, the team were hesitant to provide cash due to concerns about the high level of risk.

    They racked their brains day-and-night, searching for an alternative solution rather than just blindly taking money from investors and filling them with false hope(which is quite unusual in the crypto world especially when dealing with meme coins).

    Kudos to Team Toshi for their thoughtful approach.

  • The idea of a loan or line of credit by investors to an company resulting in the investors getting all their money back plus an ongoing share of company revenues has been around for quite some time.

    In point-of-fact, it is one of the most favored methodologies of investment of Kevin O’Leary, aka Mr Wonderful from Shark Tank.

  • Absolutely. It’s an open-source invention. If you love it, you can use it, make it your own, add features to it. The best thing to do is engage EngimaFund to help with it and do it together (please do credit us if you do use it).