Too much, not too little
Several hundred launches appear each week, largely indistinguishable on first inspection. Volume is not a shortlist, and aggregation is not research.
Private beta · 2026
Every venture we publish is researched individually: the team's verifiable history, the launches they have shipped before, and whether their audience is genuine. Each is scored against a single rubric built entirely from evidence you can confirm yourself. Curated coverage, not a feed.
The premise
Several hundred launches appear each week, largely indistinguishable on first inspection. Volume is not a shortlist, and aggregation is not research.
Track records circulate far more widely than the evidence behind them. An unverified history is a claim, not a credential.
The most credible teams are often the hardest to identify early, precisely because their effort goes into building rather than promotion.
Method
Coverage is not a filter applied to a feed. Every venture admitted has been researched in depth: the individuals behind it traced through their previous work, and the on-chain record examined directly rather than the pitch.
Identical criteria are applied to every venture, so that any two can be compared directly. Each input traces to a source you can examine yourself, which is what makes a score open to challenge.
The score is a summary, not the analysis. Each report sets out the reasoning, the supporting evidence and the points that did not reconcile, and is revised as the facts change. Ventures we cover receive the same material directly, with guidance.
Panels are illustrative.
What we score
Who the team are, what they built previously, and how those ventures concluded.
Publicly identified, pseudonymous with a traceable history, or fully anonymous. Recorded plainly, never implied.
How many they have shipped, how many remain active, and what became of the rest.
Holders, liquidity, treasury and flows, read from the chain rather than from a dashboard.
Whether the audience is genuine. Purchased followers and automated replies are both measurable.
Every figure carries its source, so a score can be verified rather than trusted.
The most ambitious teams rarely have the loudest launch. Finding them is the work. Standing it up with real research is the point.
Dalmanutha exists to bring credible ventures to a wider audience, with the research to substantiate them, and to support their growth from there.
Waitlist
One address, whether you intend to read the reports or would like your own venture assessed. We will confirm which when we reply. No newsletter, no forwarding, and a single message when your place opens.