How to fundraise in Web3
Web3 fundraising has evolved beyond the ICO boom. Today, securing investment requires a solid project identity, strategic business model and market demand. Go to Source
Fundraise
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Farmville co-creator-led company raises $33M to create Web3 games
Proof of Play raised $33 million to create fully on-chain games that “quickly immerse players in fun gameplay.“ Go to Source
LinksDAO likely to put in ‘compelling offer’ to buy Scottish golf course
If the final tally remains in favor of the purchase, the LinksDAO acquisition committee will officially put out a “compelling offer” to purchase the golf course. Go to Source Powered by WPeMatico
Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally
Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain adoption.” Quicknode Aims to Streamline Web2 to Web3 Movement With $60 … Read more
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages derivatives contracts to create a bitcoin-backed synthetic dollar pegged to … Read more
Fintech and Bitcoin Payments Firm Zebedee Raises $35 Million From Kingsway Capital, Square Enix
On Tuesday, the fintech and payment processor Zebedee announced the company has raised $35 million from Kingsway Capital, Raine Group, and video game giant Square Enix. Zebedee detailed that the Series B funding will help the startup “scale company-wide to meet the needs of the biggest names in the games industry.” Gaming-Focused Fintech Zebedee Secures … Read more
Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser to the country’s president. Enhancing Africa’s Competitiveness An Africa-focused … Read more
Polygon Announces Zero-Knowledge Identity Platform for Web3
On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects a public version of the ID wallet app and software … Read more
Ethereum Web3 Wallet Rainbow Raises $18 Million From Alexis Ohanian’s Seven Seven Six
The team behind the Ethereum wallet Rainbow announced the project has raised $18 million in a Series A funding round led by Alexis Ohanian’s venture capital firm Seven Seven Six. The new financing that follows the startup’s $1.5 million seed round will allow Rainbow to focus on “onboarding the next 100 million users to Web3.” … Read more
AssangeDAO concludes raise with $53M to help Julian fight for freedom
The AssangeDAO pulled in 17,422 Ether from 10,000 people, with the funds set to be used to win the NFT auction that is supporting Assange’s legal battles. Go to Source Powered by WPeMatico
