Decentralized social network protocol Farcaster has raised $30M in a round led by Andreessen Horowitz. Also joining the round: Standard Crypto, 1confirmation, A Capital, Coinbase Ventures, Ribbit Capital, Multicoin Capital, Scalar Capital and others.
Ethereum scaling solution StarkNet will launch its token in September 2022. There will be no public distribution at launch with a possible retrodrop for those who performed work for StarkNet at a later stage. Core Contributors and Investors will be subject to a 4-year lock-up period, with linear release and a one-year cliff.
Decentralized crypto exchange Hashflow has raises $25M in a Series A round at $400M valuation. Electric Capital, Dragonfly Capital Partners, LedgerPrime, Jump Crypto, Wintermute Trading, GSR, Kronos Research, Altonomy, Coinbase Ventures, Kraken Ventures, Fabric Ventures are among investors.
Layer 1 blockchain Aptos has closed $150M funding round led by FTX Ventures and Jump Crypto. Apollo, Griffin Gaming Partners, Franklin Templeton, Circle Ventures, Superscrypt, a16z crypto and Multicoin are among investors. Former Diem blockchain developers has now raised $350M so far this year.
KuCoin Spotlight will host Fracton Protocol (FT) token sale starting August 9th. 3M FT (3% of total supply) to be offered at $0.2 per token ($20M FDV). Subscription period: Aug 9-11. Users are required to hold 100+ KCS in order to participate. Sale format: proportional. Allocation available for sale: $600K. Fracton protocol provides liquidity and oracle for all kinds of collectibles by fractionalizing them.
A decentralized investment community CreatorDAO has raised $20M in a seed funding round led by a16z crypto and Initialized Capital. Participating investors include Liquid 2 Ventures, M13, Audacious Ventures, 6th Man Ventures, SV Angel, Hack VC, Alliance DAO, Shima Capital, Paris Hilton, The Chainsmokers.