Prodia has announced the closure of its $15M seed round led by Dragonfly Capital
Prodia, a web3 artificial intelligence firm, raises $15M in seed investment led by Dragonfly Capital. The funding also featured participation from HashKey Capital, Web3.com, Index Ventures, Symbolic Capital, OKX Ventures, EV3, Artichoke, TRGC, Folius, Tangent Capital, Southern Equity, Balaji Srinivasan, and Sandeep Nailwal among others. Prodia will use the fresh funds to grow its offering, support for generative video and LLMs. The firm builds a distributed network of GPUs to provide more efficient cloud computing services at a lower cost using web3 infrastructure.
👉🏻 theblock.co/post/302971/dragonfly-capital-leads-15-million-seed-round-in-distributed-cloud-computing-firm-prodia
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Prodia, a web3 artificial intelligence firm, raises $15M in seed investment led by Dragonfly Capital. The funding also featured participation from HashKey Capital, Web3.com, Index Ventures, Symbolic Capital, OKX Ventures, EV3, Artichoke, TRGC, Folius, Tangent Capital, Southern Equity, Balaji Srinivasan, and Sandeep Nailwal among others. Prodia will use the fresh funds to grow its offering, support for generative video and LLMs. The firm builds a distributed network of GPUs to provide more efficient cloud computing services at a lower cost using web3 infrastructure.
👉🏻 theblock.co/post/302971/dragonfly-capital-leads-15-million-seed-round-in-distributed-cloud-computing-firm-prodia
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OpenLedger closes $8M round led by Polychain Capital & Borderless Capital
OpenLedger has raised $8M in a seed round led by Polychain Capital and Borderless Capital. Other investors in the round included HashKey Capital, Finality Capital, Hash3, MH Ventures, STIX, EigenLayer's Sreeram Kannan, Polygon's Sandeep Nailwal, Manta's Kenny Li and others. OpenLedger is the sovereign data blockchain for AI.
👉🏻 x.com/OpenledgerHQ/status/1808134645935993009
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OpenLedger has raised $8M in a seed round led by Polychain Capital and Borderless Capital. Other investors in the round included HashKey Capital, Finality Capital, Hash3, MH Ventures, STIX, EigenLayer's Sreeram Kannan, Polygon's Sandeep Nailwal, Manta's Kenny Li and others. OpenLedger is the sovereign data blockchain for AI.
👉🏻 x.com/OpenledgerHQ/status/1808134645935993009
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Lombard has raised $16M in a seed funding round led by Polychain Capital
Lombard, a Bitcoin restaking platform, closes its $16M seed funding led by Polychain Capital. Among other participants are Babylon, dao5, Franklin Templeton, Foresight Ventures, Mirana Ventures, Mantle EcoFund, and Nomad Capital, among others. Lombard will use the financing to grow out the Bitcoin restaking ecosystem alongside Babylon, a Bitcoin staking protocol. Lombard will issue the liquid and yield-bearing representation of staked Bitcoin using the token LBTC to unlock liquidity.
👉🏻 theblock.co/post/303000/polychain-capital-leads-16-million-seed-round-for-bitcoin-restaking-protocol-lombard
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Lombard, a Bitcoin restaking platform, closes its $16M seed funding led by Polychain Capital. Among other participants are Babylon, dao5, Franklin Templeton, Foresight Ventures, Mirana Ventures, Mantle EcoFund, and Nomad Capital, among others. Lombard will use the financing to grow out the Bitcoin restaking ecosystem alongside Babylon, a Bitcoin staking protocol. Lombard will issue the liquid and yield-bearing representation of staked Bitcoin using the token LBTC to unlock liquidity.
👉🏻 theblock.co/post/303000/polychain-capital-leads-16-million-seed-round-for-bitcoin-restaking-protocol-lombard
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Pi Squared raises $12.5M through a seed investment by Polychain Capital
Pi Squared, a company setting out to enable verifiable computing through the use of zero-knowledge technology, has closed its $12.5M seed funding. Among investors are ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, and Samsung Next. The fresh funds will be used to build out a Universal ZK Circuit, which uses zero-knowledge technology to enable trustless remote computing, AI, and interoperable smart contracts for any blockchain or dApp.
👉🏻 coindesk.com/tech/2024/07/02/pi-squared-building-universal-zk-circuit-raises-125m
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Pi Squared, a company setting out to enable verifiable computing through the use of zero-knowledge technology, has closed its $12.5M seed funding. Among investors are ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, and Samsung Next. The fresh funds will be used to build out a Universal ZK Circuit, which uses zero-knowledge technology to enable trustless remote computing, AI, and interoperable smart contracts for any blockchain or dApp.
👉🏻 coindesk.com/tech/2024/07/02/pi-squared-building-universal-zk-circuit-raises-125m
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Crypto News Digest: Key Updates You Need to Know
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
RedStone has announced the closure of its $15M Series A funding round
The round was led by Arrington Capital, with participation from IOSG Ventures, Spartan Capital, SevenX, Amber Group, HTX Ventures, White Star Capital, Kenetic, gumi Cryptos, and others. RedStone is an Oracle that delivers frequently updated, reliable, and diverse data feeds for dApps and smart contracts on multiple L1s & L2s.
👉🏻 x.com/redstone_defi/status/1808140117443264573
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The round was led by Arrington Capital, with participation from IOSG Ventures, Spartan Capital, SevenX, Amber Group, HTX Ventures, White Star Capital, Kenetic, gumi Cryptos, and others. RedStone is an Oracle that delivers frequently updated, reliable, and diverse data feeds for dApps and smart contracts on multiple L1s & L2s.
👉🏻 x.com/redstone_defi/status/1808140117443264573
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SendBlocks has secured $8.2M in its seed investment round
SendBlocks has closed a $8.2M seed funding led by Castle Island Ventures with several other investors including Pitango, Illuminate Financial, Laser Digital (Nomura), Starkware and notable ecosystem leaders. SendBlocks is a blockchain data management startup that simplifies access to blockchain data through a fully customizable platform.
👉🏻 chainwire.org/2024/07/02/sendblocks-comes-out-of-stealth-with-8-2-million-in-seed-funding-to-streamline-blockchain-data-management
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SendBlocks has closed a $8.2M seed funding led by Castle Island Ventures with several other investors including Pitango, Illuminate Financial, Laser Digital (Nomura), Starkware and notable ecosystem leaders. SendBlocks is a blockchain data management startup that simplifies access to blockchain data through a fully customizable platform.
👉🏻 chainwire.org/2024/07/02/sendblocks-comes-out-of-stealth-with-8-2-million-in-seed-funding-to-streamline-blockchain-data-management
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Chromia (CHR) will kick off an MVP version of its mainnet on July 16th
ChromaWay, the firm building out the Layer 1 blockchain network Chromia, has disclosed its plans to launch a minimum viable product version of its mainnet on July 16th. The firm will also bridge its native $CHR token to the mainnet to facilitate the staking delegation process, network hosting fee payments, and other core functions on the network.
👉🏻 theblock.co/post/302392/blockchain-project-chromia-to-launch-mainnet
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ChromaWay, the firm building out the Layer 1 blockchain network Chromia, has disclosed its plans to launch a minimum viable product version of its mainnet on July 16th. The firm will also bridge its native $CHR token to the mainnet to facilitate the staking delegation process, network hosting fee payments, and other core functions on the network.
👉🏻 theblock.co/post/302392/blockchain-project-chromia-to-launch-mainnet
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Gaming & Metaverse Projects by Social Activity
Posts. Posts measure the number of social posts across all social channels.
Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.
Social Dominance. Social dominance calculates the "share of voice" across all social media data.
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Posts. Posts measure the number of social posts across all social channels.
Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.
Social Dominance. Social dominance calculates the "share of voice" across all social media data.
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Mantra to tokenize $500M worth of assets for UAE builder MAG Group
Mantra partners with Dubai-based real estate developer MAG Group to tokenize $500M real estate assets. The firm will tokenize the real estate assets in several tranches while the investors will earn yields through stablecoins and $OM tokens. Back in March, Mantra raised $11M from Shorooq Partners, Three Point Capital, Hex Trust, and others. MANTRA Chain is the RWA Layer 1 Blockchain, capable of adherence and enforcement of real-world regulatory requirements.
👉🏻 x.com/MANTRA_Chain/status/1808404434877403196
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Mantra partners with Dubai-based real estate developer MAG Group to tokenize $500M real estate assets. The firm will tokenize the real estate assets in several tranches while the investors will earn yields through stablecoins and $OM tokens. Back in March, Mantra raised $11M from Shorooq Partners, Three Point Capital, Hex Trust, and others. MANTRA Chain is the RWA Layer 1 Blockchain, capable of adherence and enforcement of real-world regulatory requirements.
👉🏻 x.com/MANTRA_Chain/status/1808404434877403196
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Nuklai (NAI) has announced its partnership with ChainGPT (CGPT)
Nuklai teams up with ChainGPT, an AI infrastructure that develops AI-powered technologies for the Web3. Through this partnership, the projects will jointly accelerate the development of the Web3 AI industry. Nuklai is Layer 1 for data collaboration, sharing, and monetization that powers AI and LLMs.
👉🏻 x.com/NuklaiData/status/1808153836923580549
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Nuklai teams up with ChainGPT, an AI infrastructure that develops AI-powered technologies for the Web3. Through this partnership, the projects will jointly accelerate the development of the Web3 AI industry. Nuklai is Layer 1 for data collaboration, sharing, and monetization that powers AI and LLMs.
👉🏻 x.com/NuklaiData/status/1808153836923580549
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TOP 10 dApps on BNB Chain by Users Activity (30d)
A decentralized application (dApp) is a program built on blockchain that combines a smart contract and a front-end user interface. We present the top dApps on #BNBChain by users activity in the last 30 days, according to the data from DappRadar.
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A decentralized application (dApp) is a program built on blockchain that combines a smart contract and a front-end user interface. We present the top dApps on #BNBChain by users activity in the last 30 days, according to the data from DappRadar.
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BounceBit (BB) has teamed up with Lista DAO (LISTA) for LCTs use cases
BounceBit partners with Lista DAO, a decentralized stablecoin lending protocol powered by LSDfi. Under this integration, $BBTC will be listed as collateral for borrowing $lisUSD and will allow users to earn points for CAC S3. BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products.
👉🏻 x.com/bounce_bit/status/1808123502937137589
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BounceBit partners with Lista DAO, a decentralized stablecoin lending protocol powered by LSDfi. Under this integration, $BBTC will be listed as collateral for borrowing $lisUSD and will allow users to earn points for CAC S3. BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products.
👉🏻 x.com/bounce_bit/status/1808123502937137589
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Top BNB Chain Projects by Developer Activity (30d)
Dev.Activity - the development activity of a project done in its public Github repositories. Development Activity metrics are measured in a number of Github events.
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Dev.Activity - the development activity of a project done in its public Github repositories. Development Activity metrics are measured in a number of Github events.
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Astar Network will burn 350M $ASTR tokens following a governance vote
Multi-chain smart contract network Astar Network to burn 350M $ASTR tokens (5% of its total supply) amid the recent governance vote. The tokens were originally allocated for Polkadot parachain auctions. Earlier in 2023, Astar Network partnered with Polygon Labs to launch its native Ethereum L2 solution, Astar zkEVM.
👉🏻 coindesk.com/business/2024/07/02/astar-network-to-burn-350m-astr-5-of-total-supply
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Multi-chain smart contract network Astar Network to burn 350M $ASTR tokens (5% of its total supply) amid the recent governance vote. The tokens were originally allocated for Polkadot parachain auctions. Earlier in 2023, Astar Network partnered with Polygon Labs to launch its native Ethereum L2 solution, Astar zkEVM.
👉🏻 coindesk.com/business/2024/07/02/astar-network-to-burn-350m-astr-5-of-total-supply
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Coin of the Day by Market Sentiment - Bitcoin (BTC)
Bitcoin $BTC is the world's first widely adopted cryptocurrency that allows for secure and seamless peer-to-peer transactions on the internet.
Predict BTC price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/bitcoin
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Bitcoin $BTC is the world's first widely adopted cryptocurrency that allows for secure and seamless peer-to-peer transactions on the internet.
Predict BTC price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/bitcoin
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RunesTerminal (RUNI) partners with Botanix Labs to improve Bitcoin scalability
RunesTerminal has joined forces with Botanix Labs, the developer of a fully decentralized EVM-equivalent Layer 2 on Bitcoin. Under this partnership, will leverage Spiderchain’s EVM architecture to facilitate investments into Runes through RunesTerminal’s proprietary launchpad. RunesTerminal is the first launchpad supporting the new Bitcoin token standard - Runes, backed by Cogitent Ventures, CMS, GBV Capital, Waterdrip, X21 Digital, and more.
👉🏻 medium.com/@runesterminal/runesterminal-x-botanix-labs-scalability-on-bitcoin-1f06477c163c
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RunesTerminal has joined forces with Botanix Labs, the developer of a fully decentralized EVM-equivalent Layer 2 on Bitcoin. Under this partnership, will leverage Spiderchain’s EVM architecture to facilitate investments into Runes through RunesTerminal’s proprietary launchpad. RunesTerminal is the first launchpad supporting the new Bitcoin token standard - Runes, backed by Cogitent Ventures, CMS, GBV Capital, Waterdrip, X21 Digital, and more.
👉🏻 medium.com/@runesterminal/runesterminal-x-botanix-labs-scalability-on-bitcoin-1f06477c163c
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QED Protocol has closed its $6M seed funding backed by Blockchain Capital
QED Protocol, a Bitcoin scaling solution, raises $6M in a seed funding round from Blockchain Capital. The seed round brings the project's total funding to $10.6M and the valuation to a 9-figure amount. QED is a Bitcoin scaling protocol that focuses on zero-knowledge proof verification technology.
👉🏻 theblock.co/post/303375/bitcoin-scaling-protocol-qed-funding-valuation
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QED Protocol, a Bitcoin scaling solution, raises $6M in a seed funding round from Blockchain Capital. The seed round brings the project's total funding to $10.6M and the valuation to a 9-figure amount. QED is a Bitcoin scaling protocol that focuses on zero-knowledge proof verification technology.
👉🏻 theblock.co/post/303375/bitcoin-scaling-protocol-qed-funding-valuation
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KIP Protocol (KIP) has announced its integration with the Privasea protocol
KIP Protocol joins forces with Privasea, a protocol that provides fully homomorphic encryption specifically for machine learning. This partnership aims to accelerate data ownership and privacy in Web3 and AI by combining KIP Protocol's accounting and revenue-sharing infrastructure with Privasea's privacy-focused data control and marketplace features. KIP Protocol is the decentralized base layer that AI models, apps & data owners build on, to safely transact & monetize in Web3, backed by Animoca Brands and Animoca Ventures.
👉🏻 kip.pro/blog-posts/privasea-partnership
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KIP Protocol joins forces with Privasea, a protocol that provides fully homomorphic encryption specifically for machine learning. This partnership aims to accelerate data ownership and privacy in Web3 and AI by combining KIP Protocol's accounting and revenue-sharing infrastructure with Privasea's privacy-focused data control and marketplace features. KIP Protocol is the decentralized base layer that AI models, apps & data owners build on, to safely transact & monetize in Web3, backed by Animoca Brands and Animoca Ventures.
👉🏻 kip.pro/blog-posts/privasea-partnership
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Crypto News Digest: Key Updates You Need to Know
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
