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Posted on May 11, 2023Read on Mirror.xyz

🚀veDAO Financing Daily News 05/12/2023

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

【1】Tabi

Amount: $10 million

Stages: Angel round

Date: May 10

Investors: Binance Labs, Draper Dragon, HashKey Capital, Youbi Capital, Animoca Brands, Bo Feng, Suji Yan, Infinity Crypto Ventures, Riyad AD

Category: NFT, NFT Marketplace

Description: Tabi is a cross-chain NFT platform for NFT issuance, trading, auction and tailored in-shop services.

Additions: Multi-million dollar in seed round funding completed on April 12, 2021

Website: https://treasureland.market/

Twitter: https://twitter.com/Tabi_NFT

【2】MintStars

Amount: $600,000

Stages: Pre seed round

Date: May 10

Investors: Polygon Labs, SpankChain

Category: Creators' Economy

Description: MintStars is an NFT subscription platform for creators, models, and their fans. MintStars enables creators to monetize their content through subscriptions and marketplace sales and allows fans to earn money from promoting creators. Fans can collect and resell exclusive content to other fans on the MintStars marketplace, with royalties paid back to the original creator.

Website: https://www.mintstars.com/

Twitter: https://twitter.com/MintStarsReal

【3】Odsy Network

Amount: $7.5 million

Stages: Undisclosed

Date: May 11

Investors: Blockchange, Node Capital, FalconX, Rubik Ventures

Category: Infrastructure, Layer1

Description: Odsy Network is a security-first blockchain provides a secure, programmable, decentralized access layer to all of Web3 through dynamic, decentralized wallets (dWallets). A dWallet is a dynamic access control solution that can sign transactions on any blockchain network that leverages the universally adopted signing algorithms (e.g. ECDSA, EdDSA etc.).

Website: https://odsy.xyz/

Twitter: https://twitter.com/Odsyxyz

【4】Artizen

Amount: $2.2 million

Stages: Seed round

Date: May 11

Investors: ConsenSys Mesh, Animoca Brands, Protocol Labs, Matt Condon, Juan Benet, Dan Hill

Category: Grant Platform

Description: Artizen is on a mission to build the worlds largest Web3 fund for public goods, with a process that’s transparent, easy to take part in and profitable for all.‍ At it’s core, the fund was created to support public goods that make up the very foundation of modern civilization, and yet remain chronically underfunded. This includes but is not limited to art, science, education, journalism and open-source technology.

Website: https://www.artizen.fund/

Twitter: https://twitter.com/ArtizenFund

【5】Polynomial

Amount: Undisclosed

Stages: Seed round

Date: May 11

Investors: Road Capital, Caballeros Capital, Archetype, Scott Sunarto, Eden Au, Jordan Momtazi, Michael Spain

Category: DeFi, Derivatives, Options

Description: Polynomial automates financial derivative strategies to create products that deliver passive yield on various assets.Currently, Polynomial have covered call, put sell strategy on the platform. Through the use of a weekly automated covered call strategy, the vault generates a return on its deposits. In order to effectively compound the returns for depositors over time, the vault reinvests the yield gained back into the strategy.

Additions: $1.1 million in Pre-seed round funding closed on October 20th, 2021

Website: https://www.polynomial.fi/

Twitter: https://twitter.com/polynomialfi

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

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