Brinc has acquired OG Club, a decentralized autonomous organization (DAO) focused on Web3, and will rebrand its community as VentureVerse.

Brinc, a Hong Kong-based venture accelerator, said the move aims to strengthen its digital assets ecosystem and expand its reach in Web3 entrepreneurship.

OG Club has organized more than 300 Web3 events, built partnerships with over 100 companies, and has a community of more than 25,000 members and 10,000 wallet holders across 10 countries.

The new VentureVerse platform will combine Brinc’s startup accelerator network with OG Club’s community, offering AI tools and blockchain features for founders and investors.

The acquisition follows Brinc’s US$30 million series B funding round led by Animoca Brands and its launch of several blockchain-focused accelerator programs.

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🔗 Source: Brinc

🧠 Food for thought

Implications, context, and why it matters.

Web3 acquisitions prioritize established communities over pure technology plays

Brinc’s acquisition of OG Club demonstrates how Web3-focused companies increasingly value proven community engagement over just technical assets. OG Club brings 25,000+ community members, 10,000+ wallet holders, and a track record of organizing 300+ events with connections to 100+ Web3 companies1. This community-first approach reflects the fundamental principle that Web3 platforms require active user participation to succeed, unlike traditional software that can operate with passive users. The acquisition follows a pattern where Web3 companies like BLOCKv have found success by building enterprise partnerships with major brands like VISA and Verizon, showing that established networks and relationships are crucial for Web3 adoption2. By rebranding OG Club’s community as VentureVerse, Brinc is essentially acquiring a distribution channel and user base that would take years to build organically.

Utility tokens are becoming core infrastructure for startup ecosystems rather than fundraising mechanisms

VentureVerse’s planned utility token (VXV) represents a shift where tokens serve as operational infrastructure for rewards, payments, and governance rather than primarily fundraising tools. This approach aligns with broader token development trends where startups use tokens to unlock liquidity, enable global participation, and reduce intermediary costs3. The token will power interactions between startups, mentors, and investors within Brinc’s ecosystem, creating what they call a “flywheel effect” that incentivizes continued platform engagement1. This model reflects the emergence of tokenized economies where community members become stakeholders through participation rather than traditional equity ownership, fundamentally changing how startup ecosystems operate4. Given Brinc’s track record of accelerating 1,250+ startups with a combined $1.6 billion market cap, the token economy could provide a scalable way to align incentives across their entire portfolio1. ……