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Posted on Aug 04, 2023Read on Mirror.xyz

🚀veDAO Financing Daily News 08/05/2023

Provide the latest and most complete industry financing news, get first-hand news, please pay attention to veDAO financing daily!

【1】AltLayer

Amount: Undisclosed

Stages: Undisclosed

Date: August 04

Investors: Binance Labs

Category: Infrastructure, Layer2, Modular Blockchain

Description: AltLayer is a system of highly scalable, application-dedicated execution layers that derive security from an underlying L1/L2. It is designed as a modular and pluggable framework for a multi-chain and multi-VM world. At its core, AltLayer consists of several optimistic rollup-like execution layers called flash layers, featuring a novel innovation that makes them disposable and thus highly resource-optimized.

Additions:AltLayer raised $ 7.2 M in Seed round on July 1, 2022

Website:https://www.altlayer.io/

Twitter:https://twitter.com/Alt_Layer

【2】KiloEx

Amount: Undisclosed

Stages: Undisclosed

Date: August 04

Investors: Binance Labs

Category: DeFi, Derivatives, Perpetual Contracts

Description: KiloEx is a user-friendly decentralized exchange focused on risk management and capital efficiency.

Website:https://www.kiloex.io/

Twitter:https://twitter.com/KiloEx_perp

【3】Kinza

Amount: Undisclosed

Stages: Undisclosed

Date: August 04

Investors: Binance Labs

Category: DeFi, Lending

Description: Kinza is a lending protocol designed for a secure DeFi ecosystem, which focuses on security and connects demand and supply of liquidity to create the best on-chain money market.

Website:https://kinza.finance/

Twitter:https://twitter.com/kinzafinance

【4】Sleepless AI

Amount: Undisclosed

Stages: Undisclosed

Date: August 04

Investors: Binance Labs

Category: Gaming, Social

Description: Sleepless AI is an AI-based virtual companion game utilizing AIGC and LLMs to create rich story-based gameplay and organically evolving interactions with characters. The project is currently developing three games with its first title, HIM, a virtual boyfriend Otome game that features unique SBT characters that are immutable and on-chain.

Twitter:https://twitter.com/Sleeplessai_lab

About veDAO

veDAO is an investment and funding community dedicated to discovering early-stage potential projects. By gathering public wisdom and professional opinions, veDAO provides a fair, transparent and democratic project evaluation and investment and financing process for community participants, investors and project parties, allowing all participants to share the project development dividends.

Website: https://app.vedao.com/

Twitter: https://twitter.com/vedao_official

Telegram: https://t.me/veDAO_EN

Discord: https://discord.gg/NEmEyrWfjV