# ICO Drops

> ICO Drops is a VC fund in Moscow backing Blockchain and Cryptocurrency. See 6 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Moscow, Russian Federation
- Total investments: 6
- Last investment: Mar 2024
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/icodrops/about/
- X (Twitter): https://twitter.com/ICODrops
- Website: https://icodrops.com/

ICO Drops is a VC fund in Moscow focused on Blockchain and Cryptocurrency. ICODrops is our view on the constantly growing ICO world. They’ve created and constantly update 3 useful lists: Active ICOs, Upcoming ICOs and Ended ICOs for everyone who is interested in ICOs and wants to stay current on the topic.

## Contacts

5 contacts available for ICO Drops. Shizune tracks 3 team members at ICO Drops. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ico-drops?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.3M–$4.8M |
| Pre-Seed | $1M–$2.3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 3 | 50% |
| Cryptocurrency | 2 | 33% |
| Gaming | 1 | 17% |
| Web Apps | 1 | 17% |
| Analytics | 1 | 17% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 67% |
| Pre-Seed | 2 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Sweden | 2 | 33% |
| Spain | 1 | 17% |
| United Arab Emirates | 1 | 17% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alexey Zhuravlev | Co-Founder | 0 | https://shizune.co/investors/profile/alexey-zhuravlev-ce1b |
| Sergey Blyudov | CEO | 0 | https://shizune.co/investors/profile/sergey-blyudov |
| Sergey K Sergey | Chief Editor | 0 | https://shizune.co/investors/profile/sergey-k-sergey |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Synnax | Synnax is an artificial intelligence-powered financial platform which helps to forecast financial performance | $1M | Pre-Seed | Mar 06, 2024 |  |
| Chain of Alliance | Chain of Alliance want to allow players to create their own campaigns and stories. They will be able to use our API, and other players staked and offered Characters and land. Their currency offers the characters that are represented as non-fungible tokens can be staked to earn. | $2.4M | Seed | Jan 21, 2022 |  |
| StarSharks | StarSharks is a NFT-GameFi ecosystem based on the BSC chain developed by game players, governance committees, and game developers. | $4.8M | Seed | Dec 24, 2021 |  |
| Mines of Dalarnia | Mines of Dalarnia also own in-game land plots and are able to collect a rental fee by renting out to other players. Their dar token holders will be able to vote on proposals to decide on the land economy, miner policies, and other components of the game development. This allows users to send, receive, and exchange multiple digital assets using asingle platform. | $2.7M | Seed | Sep 22, 2021 |  |
| Gearbox Protocol | Gearbox is a generalized leverage protocol. It has two sides to it: passive lenders who earn low-risk APY by lending single-assets; and active farmers, firms, or even other protocols who borrow those assets to trade or farm with even x10 leverage.Gearbox Protocol brings you composable leverage, allowing anyone to margin trade on Uniswap, leveragefarm on Curve, leverage stake on Lido, and use 10X more capital on many other DeFi protocols you already love. Making decentralized leverage a reality thanks to Credit Account abstraction!Gearbox Protocol uses Credit Account abstraction to bring together lending and prime brokerage in the same protocol. Lenders deposit assets to earn passive yield, while the composable leverage side users borrow these assets to create spot leverage positions, which can be used across DeFi. That could be margin trading on Uniswap, farming on Curve and Balancer, leverage staking on Lido and Rocketpool, and a lot more. All of that is made possible with Gearbox’s innovative Credit Account abstraction, creating the base layer of DeFi leverage. | $2.3M | Pre-Seed | May 01, 2021 |  |
| Gearbox Protocol | Gearbox is a generalized leverage protocol. It has two sides to it: passive lenders who earn low-risk APY by lending single-assets; and active farmers, firms, or even other protocols who borrow those assets to trade or farm with even x10 leverage.Gearbox Protocol brings you composable leverage, allowing anyone to margin trade on Uniswap, leveragefarm on Curve, leverage stake on Lido, and use 10X more capital on many other DeFi protocols you already love. Making decentralized leverage a reality thanks to Credit Account abstraction!Gearbox Protocol uses Credit Account abstraction to bring together lending and prime brokerage in the same protocol. Lenders deposit assets to earn passive yield, while the composable leverage side users borrow these assets to create spot leverage positions, which can be used across DeFi. That could be margin trading on Uniswap, farming on Curve and Balancer, leverage staking on Lido and Rocketpool, and a lot more. All of that is made possible with Gearbox’s innovative Credit Account abstraction, creating the base layer of DeFi leverage. | $2.3M | Seed | May 01, 2021 |  |

6 of 6 investments shown.

## Co-investors
- [1kx](https://shizune.co/investors/profile/1kx) — VC Fund, 2 deals together
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund, 2 deals together
- [Coin98](https://shizune.co/investors/profile/coin98-finance) — VC Fund, 2 deals together
- [eGirl Capital](https://shizune.co/investors/profile/egirl-capital) — VC Fund, 2 deals together
- [Encode Club](https://shizune.co/investors/profile/encode-club) — VC Fund, 2 deals together
- [Exnetwork Capital](https://shizune.co/investors/profile/exnetwork-capital) — VC Fund, 2 deals together

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## FAQ

### What does ICO Drops invest in?

ICO Drops invests primarily in Blockchain, Cryptocurrency and Gaming startups, most often at Seed and Pre-Seed stage. Most of the 6 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is ICO Drops's check size?

ICO Drops typically joins rounds of $2.3M–$4.8M at Seed and $1M–$2.3M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds ICO Drops participates in.

### How do I contact ICO Drops?

Public channels for ICO Drops include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at ICO Drops?

The team at ICO Drops includes Alexey Zhuravlev (Co-Founder), Sergey Blyudov (CEO) and Sergey K Sergey (Chief Editor). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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