{"id":16376,"date":"2023-01-20T22:39:02","date_gmt":"2023-01-20T22:39:02","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/"},"modified":"2023-01-20T22:39:03","modified_gmt":"2023-01-20T22:39:03","slug":"multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/","title":{"rendered":"Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2022\/06\/08\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/<\/a><\/br>
\nMulticoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds<\/br>
\n2023-01-20 22:39:02<\/br><\/p>\n

\n

As retail investors get crushed by market conditions, Delphia, a mobile-investment platform, wants to give them an edge to better square up against hedge funds and other institutional investors.<\/p>\n

The stock-picking startup with algorithmic and crypto features plans to reward users for access to their data, a model that helped it close a new $60 million Series A led by Multicoin Capital. Other investors in the round include FTX Ventures, fintech-focused Ribbit Capital, M13 and Lattice Ventures.<\/p>\n

The startup\u2019s \u201cshare-to-earn\u201d data token model will reward users starting this summer for contributing valuable information, which it will then use to help its model better pick stocks. The company offers two sorts of investing methods, one of which is free (its stock picks) and a long\/short blend that is open to accredited investors. Fees paid by the wealthier investors are used to help reward data-providing users, who can get their rewards in the form of either cash or tokens.<\/p>\n

Delphia\u2019s data token model will function as a decentralized autonomous organization (DAO<\/a>), votes for which are tied to its ERC-20 token that data-providing users receive for sharing their information.<\/p>\n

\u201cDAOs are new tools for managing assets, risk and data. We\u2019ve already seen plenty of experimentation with assets and risk, but not with data,\u201d Tushar Jain, managing partner at Multicoin Capital, said to TechCrunch. \u201cLong term, I see data DAOs going after new business models that go beyond crypto markets to compete with some of the largest data-centric companies in the world.\u201d<\/p>\n

Delphia also aims to level the playing field between institutional and retail investors by leveraging consumer spending insights, employment patterns, and public opinion data from social media to deliver algorithmic models that were traditionally reserved for top-performing hedge funds<\/a>, it said.<\/p>\n

\u201cOur thesis is that users will willingly contribute their commerce, device, search and social media data in exchange for tokens, which serve as both their interest in the data\u2019s aggregate value and their governing power,\u201d Jain said.<\/p>\n

Since Delphia\u2019s fund aims to have a competitive advantage through access to proprietary data, it plans to reward contributors through \u201cdata dividends,\u201d or its reward program, giving back to those who provide data on its mobile applications, Andrew Peek, CEO of Delphia, wrote in a post<\/a>.<\/p>\n

\u201cData (specifically proprietary data) is a sustainable competitive advantage,\u201d Peek wrote.<\/p>\n

The app plans to use the capital to launch its native rewards token, increase the different ways users can contribute data and expand its team.<\/p>\n

Delphia hopes that its algorithmic investing, as well as new data collectives from users, can help investors improve their financial prosperity, Peek noted. \u201cAt the end of the day, none of us can pick stocks as well as all of us can.\u201d<\/p>\n

Subscribe to TechCrunch\u2019s crypto newsletter \u201cChain Reaction\u201d<\/a> for news, funding updates and hot takes on the wild world of web3 \u2014 and take a listen to our companion podcast!<\/h3>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2022\/06\/08\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2022\/06\/08\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/ Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds 2023-01-20 22:39:02 As retail investors get crushed by market conditions, Delphia, a mobile-investment platform, wants to give them an edge to better square up against hedge funds and other institutional investors. The stock-picking startup with algorithmic and crypto features […]<\/p>\n","protected":false},"author":1,"featured_media":16377,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17,8],"tags":[],"class_list":["post-16376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","category-technology"],"yoast_head":"\nMulticoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2022\/06\/08\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/ Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds 2023-01-20 22:39:02 As retail investors get crushed by market conditions, Delphia, a mobile-investment platform, wants to give them an edge to better square up against hedge funds and other institutional investors. The stock-picking startup with algorithmic and crypto features […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"Science and Nerds\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-20T22:39:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-20T22:39:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds_63cb1806ac245.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"321\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/\",\"url\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/\",\"name\":\"Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds - Science and Nerds\",\"isPartOf\":{\"@id\":\"https:\/\/scienceandnerds.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds_63cb1806ac245.jpeg?fit=730%2C321&ssl=1\",\"datePublished\":\"2023-01-20T22:39:02+00:00\",\"dateModified\":\"2023-01-20T22:39:03+00:00\",\"author\":{\"@id\":\"https:\/\/scienceandnerds.com\/#\/schema\/person\/ea2991abeb2b9ab04b32790dff28360e\"},\"breadcrumb\":{\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds_63cb1806ac245.jpeg?fit=730%2C321&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds_63cb1806ac245.jpeg?fit=730%2C321&ssl=1\",\"width\":730,\"height\":321},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/scienceandnerds.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/scienceandnerds.com\/#website\",\"url\":\"https:\/\/scienceandnerds.com\/\",\"name\":\"Science and Nerds\",\"description\":\"My WordPress Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/scienceandnerds.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/scienceandnerds.com\/#\/schema\/person\/ea2991abeb2b9ab04b32790dff28360e\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/scienceandnerds.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7e6e14fc6691445ef2b2c0a3a6c43882?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7e6e14fc6691445ef2b2c0a3a6c43882?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/scienceandnerds.com\"],\"url\":\"https:\/\/scienceandnerds.com\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds - Science and Nerds","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/","og_locale":"en_US","og_type":"article","og_title":"Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds - Science and Nerds","og_description":"Source:https:\/\/techcrunch.com\/2022\/06\/08\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/ Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds 2023-01-20 22:39:02 As retail investors get crushed by market conditions, Delphia, a mobile-investment platform, wants to give them an edge to better square up against hedge funds and other institutional investors. The stock-picking startup with algorithmic and crypto features […]","og_url":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/","og_site_name":"Science and Nerds","article_published_time":"2023-01-20T22:39:02+00:00","article_modified_time":"2023-01-20T22:39:03+00:00","og_image":[{"width":730,"height":321,"url":"https:\/\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds_63cb1806ac245.jpeg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/","url":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/","name":"Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds - Science and Nerds","isPartOf":{"@id":"https:\/\/scienceandnerds.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/#primaryimage"},"image":{"@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds_63cb1806ac245.jpeg?fit=730%2C321&ssl=1","datePublished":"2023-01-20T22:39:02+00:00","dateModified":"2023-01-20T22:39:03+00:00","author":{"@id":"https:\/\/scienceandnerds.com\/#\/schema\/person\/ea2991abeb2b9ab04b32790dff28360e"},"breadcrumb":{"@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/#primaryimage","url":"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds_63cb1806ac245.jpeg?fit=730%2C321&ssl=1","contentUrl":"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds_63cb1806ac245.jpeg?fit=730%2C321&ssl=1","width":730,"height":321},{"@type":"BreadcrumbList","@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/scienceandnerds.com\/"},{"@type":"ListItem","position":2,"name":"Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds"}]},{"@type":"WebSite","@id":"https:\/\/scienceandnerds.com\/#website","url":"https:\/\/scienceandnerds.com\/","name":"Science and Nerds","description":"My WordPress Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/scienceandnerds.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/scienceandnerds.com\/#\/schema\/person\/ea2991abeb2b9ab04b32790dff28360e","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/scienceandnerds.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7e6e14fc6691445ef2b2c0a3a6c43882?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7e6e14fc6691445ef2b2c0a3a6c43882?s=96&d=mm&r=g","caption":"admin"},"sameAs":["https:\/\/scienceandnerds.com"],"url":"https:\/\/scienceandnerds.com\/author\/admin\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/multicoin-capital-leads-60m-investment-in-delphia-to-give-retail-investors-edge-against-hedge-funds_63cb1806ac245.jpeg?fit=730%2C321&ssl=1","_links":{"self":[{"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/posts\/16376"}],"collection":[{"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/comments?post=16376"}],"version-history":[{"count":1,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/posts\/16376\/revisions"}],"predecessor-version":[{"id":16378,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/posts\/16376\/revisions\/16378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/media\/16377"}],"wp:attachment":[{"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/media?parent=16376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/categories?post=16376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/tags?post=16376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}