Hash News

Posted on Apr 05, 2022Read on Mirror.xyz

Hash News Apr.5

Fund Raising:

  • Polemos, a GameFi platform and play-to-earn guild, announced a $14 million seed round on Monday. This brings the startup and forthcoming decentralized autonomous organization (DAO) to a $100 million post-money valuation.Framework Ventures and Delphi Digital are two leading investors in the round. Other participants in the round include QCP, GoldenTree, IOSG and LD Capital, along with the founders of Sushiswap, COTI, Tokemak and Altered State Machine. Last year, Polemos announced a $2 million strategic raise at a $40 million valuation.
  • Trisolaris, a decentralized exchange on the Near protocol, has announced a strategic investment  of  $4.5 million led by Electric Capital with participation from Jump Crypto, Dragonfly Capital, Leminscap and Ethereal Ventures, among others. 
  • Swedish blockchain gaming startup GOALS has raised $15 million in seed funding to build a multi-platform blockchain soccer game. GOALS is developing an eponymous online multiplayer game that has a play-to-own mechanism for in-game assets such as players, clubs, and skins.
  • Parallel Finance, a Polkadot-based lending and staking protocol, has announced a $5 million strategic funding round at a $500 million valuation, twice that of its token round last November. Investors included Coinbase (COIN), StarkWare and Section 32, a venture capital firm founded by the former head of Google Ventures.
  • Decentralized mapping network company Hivemapper has raised $18 million in a Series A funding round.Investment firm Multicoin Capital led the round, with participation from Craft Ventures, Solana Capital, Shine Capital, Spencer Rascoff’s 75 and Sunny Ventures — as well as previous investors Spark Capital, Founder Collective and Homebrew. It rewards map contributors who capture 4K street-level imagery with the network’s native token HONEY. 

Projects Brief:

  • KYVE, a storage middleware, has announced that it has launched a Cosmos SDK-based chain, making KYVE its own layer 1 which will make KYVE becoming more independent & flexible. Now the KYVE test net is already online . User can claim test net KYVE from the faucet and run a node or choose to stake from the delegating section.

Crypto Insight:

***The above are not investment advice, please do your own research.  You also can follow us on Twitter, Telegram, Discord or subscribe the Newsletter here.