Product Hunt
Product Hunt

The tokens VCs invest in

Email sent: Oct 11, 2021 10:16am
ICYMI, the meme token Shiba Inu (SHIB-USD) surged 51% after Elon Musk tweeted a pic of his new pup last...
Product Hunt Read in browser
This newsletter is brought to you by
The tokens VCs invest in

ICYMI, the meme token Shiba Inu (SHIB-USD) surged 51% after Elon Musk tweeted a pic of his new pup last week.

All investments come with risk but the volatility of cryptocurrency — which can rise and fall drastically with one tweet or puppy — has been a barrier to entry for more cautious investors.

The Mudrex Coin Sets launch today offers a new way to diversify your cryptocurrency investments through crypto bundles. Individuals select from bundles like “Web 3.0: Top 6 tokens changing the way internet works” or “VC 6: 6 tokens that VC and hedge funds have invested in.”

“No need to browse through 100s of coins, no need to make multiple orders, no need to manually manage,” maker Edul Patel wrote.

Theme-based bundles of assets isn’t a new idea. In fact, mutual funds and ETFs have been growing in popularity as a way for stock market investors to diversify their portfolios, simplify their work, and even back a space they believe in (like cannabis or sustainability-focused ETFs).

Unlike actively managed ETFs, it’s important to note that Coin Sets don’t offer active trading or actively hedge your position. They’re just there to help you chose what to invest in. Mudrex said it does monitor and change the bundles monthly, and handles rebalancing using “human intelligence + rules.”

The Mudrex launch comes at an interesting time in the U.S. Companies (like the Winklevoss brothers’ crypto exchange, Gemini) have tried launching Bitcoin ETFs for years but have been turned down by the Securities and Exchange Commission (SEC). Recently, the SEC did approve a few bitcoin “lite” equity ETFs though. These funds don’t invest in cryptocurrency itself, but in companies that engage in crypto activities like mining, trading, and infrastructure (80%), balanced by traditional stocks (20%).

With ETF applications piling in, some speculate that broader approval from the SEC is on the horizon, which would have a big impact on crypto’s pervasiveness into the mainstream.

Meanwhile, startups like Mudrex look to fill gaps that exist globally for crypto investors.

Crypto bundles
Figma users: This new plugin will let you smudge, twirl, pinch, arc, and warp your designs.
Warp it
The family working to cure loneliness
Maker Grant recipient Courtney Werner shares what it's like to found a company with her family, and her insights behind the pivots the team has made along the way.
Read more (6min read)

Hey startups, wouldn’t it be nice to launch all of your marketing initiatives? Most marketing teams are handcuffed with bandwidth and struggle to hit growth targets as a result. 

Through MarketerHire, you can: Hire pre-vetted marketing experts hourly, part-time or full-time. Find the right marketer within your budget. Scale or downsize your team as needed. Start with a no-risk trial and cancel anytime.

Don’t ever let bandwidth hold you back again.

Learn More
Monday, 11 October 2021
This Weekend's Top Products
Chainstarters A web3-enabled rapid development platform ▲ 788+
The Pragmatic Engineer Newsletter for tech and engineering leaders ▲ 471+
The Super Builder A drag-and-drop landing page builder for Notion ▲ 391+ One search across all your local, cloud and app files
Cauldron V2 Hire 50% faster with merit-based job applications ▲ 501+
The 2021 State of Digital Nomads The biggest study on digital nomads ever by Nomad List ▲ 350+
TeleDrive Free unlimited cloud storage service using the Telegram API ▲ 392+
Pirsch Analytics Open-source, cookie-free web analytics ▲ 247+
Speakezee Create and share voice stories that expire every 7 days ▲ 235+
Tube Spy Discover the keywords that your YouTube competitors use ▲ 198+
Sapling A convenient way to traverse your React app ▲ 202+
Discover many more

Dru Riley, founder of is on Product Hunt today for an Ask Me Anything discussion.

“We help entrepreneurs discover new markets and ideas. On February 10th, 2020 I posted the first-ever Trends Report, focusing on Problem, Players, Predictions, Opportunities, Haters, Solutions, and Key Lessons. Since then reached 48,000+ subscribers and 1,000+ Trends Pro Members. AMA!”

Ask Drew
Tell us how we're doing
We're working on improving Product Hunt every day and we want to hear from you. What do you love? How could we do better? All feedback is helpful.
Speak your mind
We send this email daily. Feel free to switch to weekly or turn off these emails any time.


Other emails from Product Hunt

Product Hunt
Nov 25, 2021
Right-click, save
Product Hunt
Nov 24, 2021
Building blocks for the metaverse
Product Hunt
Nov 23, 2021
Baking up shortcuts
Product Hunt
Nov 22, 2021
Great observation
Product Hunt
Nov 19, 2021
We found a faster route
Product Hunt
Nov 18, 2021
We the people