Award-Winning global venture studio of inclusive fintech announces new web3 ventures with ‘talinoX’ during LA Tech Week.
Los Angeles, CA - What if you have the ability to make money and create content on the internet without big monopolies like social media and e-commerce giants? Can you really have complete ownership of your content on the web?
Winston Damarillo, the Founder and CEO of Talino Venture Labs, answered these questions with a resounding “yes” with the launch of talinoX, the new web3-focused venture builder of Talino.
The private LA Tech Week event on August 17 was held above the Tesla Showroom of the Santa Monica Place at the popular Third Street Promenade in Santa Monica, the city where the majority of festivities were held.
Speaking at the private event titled Deep Dive into web3 hosted by talinoX, Damarillo demonstrated how talinoX uses the successful venture studio model to build repeatable, scalable, and profitable web3 solutions to help accelerate future industries.
What first began as Talino organizing a small private event for a highly curated group of 25-30 local family offices, venture capitalists, and corporate investment officers to exchange valuable insights about the business opportunities of web3, quickly grew into one of LA Tech Week’s most anticipated events.
After Talino’s event was posted on the official LA Tech Week calendar of events by Katia Ameri, the Consumer Partner of a16z and lead organizer of all the best LA Tech Week events, hundreds of web3-interested investors and builders registered for the private event. At closing, over 1,000 people have registered for the maximum preferred attendance of 150 guests to have meaningful conversations and create new connections.
The event brought together a community of investors, startup founders, and industry innovators of the LA ecosystem.
After Damarillo presented web3 insights and unveiled the talinoX portfolio of startups, an expert panel of renowned tech leaders shared their own insights for advancing the power of web3 to the fast growing crowdfunding industry.
David Schwartz, Enterprise Account Executive at Qualtrics, who was with Winston Damarillo at Gluecode when it was acquired by IBM, Michael Werry, the Vice President of Sales and Marketing of DEALMAKER, and Yiwen Li, Principle of Alumni Ventures.
From Monopoly to Democracy
“web1 was about investing in content and eyeballs. And then Web2 ushered in user-generated content for tech giants like Facebook and marketplaces like Uber and Amazon. But in web3, content becomes decentralized. The delivery of content is not governed by 3 or 5 companies that dominate the net,” Damarillo shares. “What makes ownership on the internet possible is through NFTs (non-fungible tokens). The assets that we put on the internet are contained as NFT coins, which are used to define economies or ownership of something distinct like real estate and artworks,” he added.
Web3 has already reached over $1 trillion in market cap, enabled $40 billion NFT transactions, generated $3.9 billion creator revenues, and ignited $270 billion DeFi (decentralized finance) transactions to date.
Although the concept and overall systems of web3 is still in rapid progression, Damarillo offers a unique and trailblazing perspective of this evolution through talinoX.
“We are a venture studio. The way we look at things in web3 is that there is a rapidly maturing infrastructure, a rapid acquisition of talent, and a fast evolving culture of governance and regulatory compliance.” He shares, “We are building solutions in the venture studio style because we wanted to accelerate the creation of apps and complete 60 to 70 percent of what needs to be built. And we can deliver innovation far more rapidly than anyone else. That’s what talinoX web3 solutions is all about.”
About Talino Venture Labs
Talino Venture Labs is an award-winning global venture studio for inclusive fintech, whose mission is to bridge the financial inclusion gap for 1.7 billion people around the world. For more information about Talino Venture Labs, visit https://www.talinolabs.com.
Supporting Talino’s event were leading
Los Angeles Economic Development Corporation (LAEDC) drives action in support of a reimagined Los Angeles regional economy that is growing, equitable, sustainable and resilient, and provides a healthy and high standard of living for all. A public-benefit nonprofit celebrating its 40th year of working collaboratively to improve the lives of people through economic inclusion, LAEDC is a trusted partner working on behalf of the people of Los Angeles County. For more information about the LAEDC, visit https://laedc.org/.
World Trade Center-Los Angeles (WTC-LA)
The leading promoter and facilitator of global connections and inbound foreign direct investment, WTCLA has led or assisted in the attraction of more than $1 billion of foreign investment into Los Angeles County. Providing business assistance to international companies seeking to locate or expand operations in Los Angeles, and to local companies seeking to export products and services to the international market. For more information about the WTC-LA, visit https://wtcla.org/.
Los Angeles Venture Association (LAVA)
Founded as the Los Angeles Venture Club on the inspiration of Robert Redford in 1984, the Los Angeles Venture Association of today represents the mesh network of siloed communities centered around the investors and founders spread across the entire venture and early growth ecosystem of our diverse LA region. LAVA's role in fostering more efficient communication between the nodes of the mesh network is designed to generate more efficient collaboration amongst the nodes with the intent of driving more efficient deal flow. For more information about LAVA, visit https://www.lava.org.
Alumni Ventures Group
Alumni Ventures is a network-powered venture capital firm, disrupting the venture industry for both companies raising capital and investors seeking access to this asset class. Alumni Ventures invests alongside many of the most well-known venture firms: Andreessen Horowitz, Sequoia, Greylock Partners, First Round, and Thrive Capital. For more information about the Alumni Ventures Group, visit https://www.av.vc.
In today’s complex and ever-changing banking environment, Nano Banc is poised to deliver industry-leading technology and products to serve their clients without the steep price tag attached to these services. Nano Banc’s business model allows them to invest in their people, clients and technology as opposed to the more common brick and mortar approach. More importantly, this gives Nano Banc the enviable position of passing on the savings to their customers. For more information about Nano Banc, visit https://www.nanobanc.com.
DealMaker is transforming the capital markets; dubbed the “Shopify of the Capital Markets”, they are an unapologetically ambitious Canadian startup, who in 4 short years has taken major market share in the US, powering leading-edge companies to manage large, digital capital raises. By allowing companies to raise from their communities and customers, Dealmaker is disrupting the private equity markets and democratizing access to capital. With DealMaker, an issuer has the ability to embed an invest now button directly into their website and marketing materials - unlocking capacity and access to data through analytics, and allowing issuers to complete investment transactions faster than ever before. By delivering transparency, increasing speed and powering collaboration, DealMaker has risen to become the market leader in online capital raising. For more information about DealMaker, visit https://dealmaker.tech.
Sanzo bridges cultures by connecting people with authentic flavors. Their flagship line is the 1st Asian-inspired sparkling water, made with real fruit + no added sugar. For more information about Sanzo, visit https://drinksanzo.com.
H.V.M.N. is Health Via Modern Nutrition. What you put in your body today is the foundation for who you become tomorrow. You’re obsessed with ascending to the top of your field, setting a new world record, or simply cultivating a long, healthy life. H.V.M.N. is obsessed with helping you get there. Through food, H.V.M.N. is redefining the limits of human performance, metabolism, and longevity. For more information about H.V.M.N. and their product Keton-IQ, visit https://hvmn.com.
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