Fund Raising:
- Cosmos Protocol Archway Raises $21M to Provide Developer RewardsArchway, CoinFund and Hashed co-led the seed funding round in the Tendermint spinout behind the project, Phi Labs. Archway is a Cosmos-based protocol that rewards dapp developers building on the network, more reference reading.
- Worldcoin, which was co-founded by Y Combinator President Sam Altman, is an Ethereum-based token aiming to distribute something akin to a universal basic income for all the world's people. Worldcoin Raise $100M at $3B Token Valuation on May 23th, Investors include Andreessen Horowitz (a16z). Worldcoin also raised $25 million at a $1 billion valuation in last October led by Andreessen that also included Digital Currency Group, Coinbase Ventures, and Multicoin, as well as FTX founder Sam Bankman-Fried and LinkedIn co-founder Reid Hoffman.Joystream.
- Joystream, the Polkadot-based platform allows creators to sell their videos as NFTs and turn their channels into tokens, the aim of Joystream is to give video creators alternative ways to monetize their videos, and not solely rely on advertising. Joystream announce it has raised $5.85 million at a $60m valuation, the investors include Digital Currency Group, Hypersphere, DefiAlliance, and D1 Ventures, more reference reading.
Projects Brief:
- SithSwap, a AMM built by Ethereum L2 ZK Rollup project StarkWare made a launching announcement and explaind that the SITH token will be overwhelmingly fairly-launched as part of the Rewards phase rollout. The only way to obtain the token will be through early participation in the protocol during its Core phase, more reference reading.
- Music NFT platform Royal will launch a new round of NFT Drop on March 29th(6PM ET), learn more drop information.
- Stargate, a cross-chain assets swap protocol built by LayerZero ,now it already support swap between 以太坊, BNB, Avalanche, Matic, Matic, Fantom, Arbitrum and Optimism. Stargate also begin to provide liquidity farming opportunity for users with profitable APR, more reference information.
Crypto Insight:
- Hunting for Alpha profit in by checking Near Ecosystem Collection Spreadsheet.
- An Introduction to On-Chain Fundamental Analysis by Galaxy Digital.
***The above are not investment advice, do your own research. Please follow us on Twitter, Telegram, Discord or subscribe the Newsletter here.