1. What is IZI?

Introduction to Izumi Finance (IZI) Cryptocurrency

Izumi Finance is a cryptocurrency that utilizes blockchain technology for transactions and record-keeping. Here are some basic details about Izumi Finance:

1. Blockchain Technology: Izumi Finance is based on blockchain technology, which is a decentralised database mechanism that allows for the transparent sharing of information across a network of enterprises.

2. Cryptocurrency Features: As a cryptocurrency, Izumi Finance possesses characteristics such as decentralisation, immutability, and consensus, which ensure the security and transparency of transactions.

3. Applications: Although specific application scenarios are not explicitly mentioned in the provided information, cryptocurrencies are generally used for online transactions, investment, and other financial activities.

4. Regulatory Environment: In certain countries, including China, virtual currency trading is subject to strict regulations or even prohibition.

5. Risks and Opportunities: The cryptocurrency market carries high risks and volatility, and investors need to carefully assess the risks and potential returns.

In summary, Izumi Finance is a cryptocurrency based on blockchain technology, characterised by decentralisation and transparency, but it also faces risks and regulatory challenges.

2. Who founded IZI?

According to the provided information, the iZUMi Finance (IZI) cryptocurrency project was co-founded by Dima Sharenko in 2020.

3. Which venture capitals invested in IZI?

According to the provided information, the following venture capitals invested in cryptocurrency-related projects:

1. Libertus Capital: Invested $7.5 million in Sky Mavis, the parent company of the NFT game Axie Infinity (May 2021).
2. Blocktower Capital: Participated in the $7.5 million investment in Sky Mavis (May 2021).
3. Konvoy Ventures: Joined in the $7.5 million investment in Sky Mavis (May 2021).
4. Collab Currency: Its members Derek Schloss and Stephen McKeon participated in the $7.5 million investment in Sky Mavis (May 2021).
5. Mark Cuban: As the owner of the Dallas Mavericks, he also participated in the $7.5 million investment in Sky Mavis (May 2021).

These investments were primarily aimed at Sky Mavis, the parent company of the NFT game Axie Infinity.

4. How does IZI work?

Izumi Finance (IZI) is a decentralised finance (DeFi) protocol that leverages blockchain technology to offer a range of liquidity-centric financial services. Here’s an overview of how it works:

1. Liquidity as a Service (LaaS): Izumi Finance introduces the concept of LaaS to enhance the efficiency and effectiveness of liquidity provision across various blockchain networks.

2. Multi-layer Investment Model: The protocol employs a multi-layer investment model as well as convertible bonds denominated in USD (iUSD), allowing users to participate in liquidity mining by staking Non-Fungible Tokens (NFTs) from Uniswap V3 liquidity providers (LPs).

3. LiquidBox Tool: The LiquidBox tool from Izumi Finance is designed to optimise liquidity mining (LM) by enabling precise and efficient incentive distribution within a specific price range on Uniswap V3. This targeted approach enhances capital efficiency for liquidity providers and supports the protocol in sustainably attracting and maintaining liquidity.

4. Structured Incentives and Automated Rebase Modules: Addressing the "pool 2 dilemma", Izumi Finance offers structured incentives and automated rebase modules aimed at attracting significant liquidity with lower issuance rates, while also enabling liquidity providers to engage in liquidity mining without the risk of impermanent loss.

5. Expansion Plans: Izumi Finance plans to extend its LaaS offerings beyond Ethereum and Uniswap V3 by introducing decentralised liquidity automated market maker (AMM) services via iZiSwap across multiple blockchain networks, and facilitating fast, decentralised, and cost-effective cross-chain transactions through the C-AMM bridge.

In conclusion, Izumi Finance aims to revolutionise liquidity provision within the blockchain ecosystem by offering innovative tools and services such as LiquidBox, iZiSwap, and the C-AMM bridge.