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Sequoia Capital Partner Believes Lots of VCs Will Pull Back From Crypto
2.5.2022
Shaun Maguire, a crypto partner of Sequoia Capital, one of the venture capital firms most active when it comes to investments in the cryptocurrency space, issued its opinion on the future of many VCs investing in crypto. To him, many of the companies that are now experimenting with crypto...
Game Space: One of the First GaaS “GameFi as a Service” Platform
23.4.2022
On April 22nd Michael Cameron the CEO and Co-founder of Game Space announced that it has released one of the first GaaS “GameFi as a Service” Platform. Game Space also announced that it had received more than US $7 million in financing. This round of financing is jointly led...
Cosmos Builder Ignite, 11 VCs Put Up $150M to Invest in Multichain Crypto Teams
12.4.2022
The accelerator includes backing from Sam Bankman Fried’s Alameda Research, KuCoin Ventures and others
Acala, VCs Commit $250M for Polkadot DeFi Investments
23.3.2022
The fund will be used to back companies with use cases for Acala’s aUSD stablecoin
Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status
1.2.2022
On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The crypto company is now a Unicorn with a post valuation of $1.2 billion in value. Solana Web3 Wallet Phantom Raises $109 Million The Phantom wallet team has raised $109...
VCs don't understand that Cardano has a community: Charles Hoskinson
1.1.2022
Hoskinson also highlighted the need to change Silicon Valley’s “bizarre mantra of move fast and break things” in crypto, which caused losses of $10.5 billion in the decentralized finance (DeFi) space in 2021
Tesla CEO Elon Musk Reveals Why He’s Pro Dogecoin Amid Debate Over Web3, Ethereum, Decentralization
25.12.2021
Tesla and Spacex CEO Elon Musk has explained why he’s pro dogecoin as the debate over web3, Ethereum, and decentralization intensifies. In the same conversation, former Twitter CEO Jack Dorsey insisted that he is not anti-ETH. “I’m anti-centralized, VC-owned, single point...
Jack Dorsey and Elon Musk Raise Concerns Over Web3 as Skepticism About Ownership Grows
23.12.2021
Former Twitter CEO Jack Dorsey has ignited a debate about web3 after Tesla CEO Elon Musk criticized it. Dorsey warned of the risks from centralization, emphasizing that web3 is owned by venture capitalists (VCs), hiding under the premise of decentralization. “I’m concerned to...
VCs Fight Back as Jack Dorsey, Elon Musk Attack ‘Web3’ Narrative
21.12.2021
A fresh Twitter discussion about whether ‘Web3’ is something worth fighting for, or if it’s simply a term made up by venture capitalists as way to make money, is taking the crypto community by storm today - as everyone from Jack Dorsey to Elon Musk and well-known venture capitalists joined...
KuCoin Labs Invest in Huobi-Backed SocialFi Platform to Expand Into Metaverse and NFT Space
4.11.2021
PRESS RELEASE. The latest strategic investment in emerging SocialFi startup Torum from KuCoin Labs will empower the development of a SocialFi Metaverse powered by VR and Web3.0 technologies. 4th November 2021, Kuala Lumpur, Malaysia — Following the strategic investment of Huobi Ventures...
Enjinstarter Announces Successful Completion of Fundraising and Pipeline of Projects for November
31.10.2021
PRESS RELEASE. Singapore-based Enjinstarter (EJS) has completed its Token Generation Exercise (TGE), raising a total of $500,000 via a collaborative fund raising effort over 4 launchpads namely Genesis Shards, Chainboost, Starter.xyz and Enjinstarter’s own launchpad. This followed...
Label Foundation Raises $1 Million to Build Blockchain-Based Platform for the MOOC Industry
25.10.2021
PRESS RELEASE. The next-generation NFT Infrastructure – Label Foundation has announced the successful completion of its private sale round. Supported by many leading VCs and famous Grammy-winning artists, the NFT platform raised $1.0 million during the private sale that generated major...
Play-to-earn gold rush as Crypto Gaming Guild and Zebedee raise millions from VCs
9.9.2021
Play-to-earn is booming, with startups Crypto Gaming United and Zebedee closing funding rounds of $5 million and $11.5 million respectively
What bear market? Investors throw record cash behind blockchain firms in 2021
8.8.2021
VC investments into crypto over the first six months of 2021 have already more than doubled those witnessed in all previous years combined
Large VCs are sidelining smaller crypto investors, PwC crypto lead says
30.7.2021
Inflated valuations for crypto businesses have raised the bar for small investors to participate in the ongoing innovation
Multiverse secures $15M investment from Samsung Next, leading blockchain VCs
28.7.2021
“Ideas have value,” said Cliff Szu, co-founder of Multiverse Labs. “[O]ur overriding goal is to help people with great ideas to discover the true value of their innovations and inventions.”
Funding Roundup: Innovative Projects Attract Bigger Sums from Global VCs and Angel Investors
10.6.2021
Amidst the stratospheric rise of defi and heightened demand for unique and innovative solutions, the global community of angel investors and VC firms is continuously engaging in private funding rounds and token sales. The resulting flood of capital demonstrates that entrepreneurs and startups play...
VCs back Balancer with $24.25M investment
27.5.2021
Investors are backing the Balancer protocol with greater conviction. Could this be a sign that market hype surrounding DeFi is ramping up again?
Funding Roundup: Derivatives and Defi Draw a Fresh Influx of VC Firms and Private Investors
4.5.2021
As blockchain technology disrupts traditional industry standards, the list of progressive investors willing to stake their money has increased significantly. Leveraging this ongoing investment trend, both upcoming and ongoing projects are attracting millions of dollars from private investors...
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
23.4.2021
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital...