Web3 Media Ventures to Acquire Slise.xyz, Expanding its Digital Advertising Portfolio

Wilmington, DE – December 5, 2024 — Web3 Media Ventures ("W3M Ventures"), a leading investment firm specializing in Web3 and adtech, has entered into a definitive agreement to acquire Slise.xyz ("Slise"), the largest Web3-native advertising platform. This strategic acquisition aims to enhance W3M Ventures’ portfolio by integrating Slise's innovative onchain data-powered advertising technology, which promises to revolutionize digital advertising in the Web3 ecosystem.

Founded in 2022 by a team of Y Combinator alumni, Slise has rapidly established itself as a frontrunner in the Web3 advertising space. The company uses onchain data to deliver highly targeted advertisements across decentralized applications (dApps) such as DeFi protocols, blockchain explorers, NFT analytics tools, and Web3 gaming platforms—all without relying on traditional tracking methods like cookies. By analyzing user blockchain activity, Slise can offer advertisers personalized ad experiences while prioritizing user privacy and data security. As of today, Slise reaches over 6 million active crypto users, with prominent brands like PayPal, MetaMask, Revolut, and OKX among its clients.

The acquisition of Slise represents a significant step forward for W3M Ventures, which is dedicated to advancing the future of advertising technologies in a decentralized digital world. With a growing portfolio of Web3 and crypto adtech platforms, including AADS (the longest-standing ad network in the crypto space), W3M Ventures is positioning itself as a key player in reshaping digital advertising for the Web3 era.

"The acquisition of Slise is a crucial milestone in our journey to revolutionize digital advertising for the decentralized web," said a spokesperson for W3M Ventures. "Their cutting-edge technology aligns perfectly with our mission to create more effective and privacy-centric advertising solutions in the Web3 ecosystem."

Slise’s co-founder and CEO, Oleksii Sidorov, expressed his enthusiasm about the acquisition, noting that W3M Ventures’ expertise and resources will provide the ideal foundation for scaling Slise’s innovative approach to onchain advertising.

“We believe that W3M Ventures is the perfect partner to accelerate the adoption of onchain data in digital advertising,” Sidorov said. “They have the experience and the vision to help us create a fairer and more transparent future for digital advertising. We're excited to join forces and continue pushing the boundaries of what’s possible.”

Reflecting on the company’s journey, Sidorov discussed how Slise managed to thrive during the turbulence of the "crypto winter," a time when the collapse of major players like Luna and FTX triggered a downturn in the crypto market.

“Slise launched during one of the toughest times for the crypto industry,” Sidorov explained. “Despite the economic uncertainty, we remained focused on our belief in the potential of onchain data for advertising. While many investors were skeptical, we stayed true to our vision and built a solution that focused on client acquisition, efficiency, and product quality.”

He added, “We didn’t raise massive funding rounds or sponsor flashy events; instead, we quietly worked on building a solid business foundation. This has paid off, and now, with W3M Ventures, we’re ready to scale our vision and further cement our position as leaders in the Web3 advertising space.”

The acquisition is expected to be finalized within the next quarter. Following the transition, Slise’s team will continue to develop and expand its core business under the W3M Ventures umbrella. In addition, the team will work on a new non-competing product, Dise.app, an AI-powered Sales CRM designed for crypto teams on Telegram.

About Web3 Media Ventures

Web3 Media Ventures is an investment firm with a focus on equity and digital asset holdings in Web3 and adtech platforms. Founded by a group of crypto entrepreneurs with over 50 years of collective experience in the blockchain space, W3M Ventures has long been at the forefront of crypto-enabled advertising. The firm’s founders initially focused on advertising in the early days of Bitcoin, positioning themselves as pioneers in the Web3 advertising landscape.

About Slise

Slise is a Web3-native programmatic advertising platform that leverages onchain data to deliver targeted, privacy-preserving advertising solutions for decentralized applications. Founded in 2022 by Y Combinator alumni Oleksii Sidorov, Dmitry Radkovskiy, and Aditya Mehta, Slise quickly became a leader in blockchain-based advertising. Backed by Alliance and incubated by Binance Labs, Slise reached profitability in February 2024 and has established itself as a key player in the privacy-focused advertising space.

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