📬 Inbox Dump #20

Hello Defiers! Welcome to Inbox Dump where we include the updates and announcements that flood our DMs each week and didn’t make it to The Defiant’s content platforms. Sometimes announcements here didn’t meet the bar to become a news story, sometimes they ...

Hello Defiers! Welcome to Inbox Dump where we include the updates and announcements that flood our DMs each week and didn’t make it to The Defiant’s content platforms. Sometimes announcements here didn’t meet the bar to become a news story, sometimes they may have slipped through the cracks, or they came late and we haven’t had a chance to cover.

At The Defiant we cover the most important DeFi-related news and developments but we know many of you are hunting for projects before they are fully developed and before they are newsworthy. Our goal with this installment of the newsletter is to help you find them. Look at this as the starting point to DYOR.

We also include a compilation of DeFi and crypto funding rounds in the past week so you have these in one handy place.

Keep in mind these have been unedited. With that —here we go!

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Inbox Dump!

✉️ AllianceBlock Announces Extensive Expansion With Eight New C-Level Hires, New Office In The Heart Of Crypto Valley, and 30 New Jobs To Be Created By The End Of 2021

Zug, Switzerland – 9 August 2021 – Devraaj AG, the technology and professional services partner and business development arm of AllianceBlock leveragingAllianceBlock’s open-source technology that offers traditional financial institutions globally compliant and data-driven access to new opportunities in decentralized finance, has announced eight new C-Level hires to support the next stage of its mission. The company’s new Zug-based office plans to create 20 to 30 new jobs by the end of 2021.

✉️ BUSTA Launches the First of Its Kind GameFi Platform on Binance Smart Chain

Seychelles – August 10, 2021 – BUSTA (https://busta.gg/) today announced the launch of its GameFi platform – the first of it’s kind to be built on the Binance Smart Chain (BSC). BUSTA will be home to multiple games and tokens with many ways to earn. Players can “be the House” by staking and holding $BUST and earn rewards as people play and trade. The BUSTA platform also contains a decentralized exchange (DEX), staking pools where investors can stake $BUST from day one, affiliate/partner programs, and is governed by a decentralized autonomous organization (DAO).

✉️ OpenSwap Debuts $10,000 Whitelist Allocation Campaign to Celebrate Impossible Finance Partnership and Coin98 Staking

HONG KONG, AUGUST 12, 2021 OpenSwap officially makes its public announcement of its partnership with Impossible Finance, a multi-chain incubator, launchpad, and swap platform. The token launch is slated for this summer. This news comes as the team releases a staking event with Impossible Finance and Coin98, along with a whitelist allocation campaign worth $10,000.

✉️ Indorse launches NFT Vision Hack: $70k+ worth of prizes and grants up for grabs in online NFT hackathon

  • NFT Vision Hack aims to push support creatives and developers the opportunity to push the boundaries of the NFT space

12 August 2021: An online hackathon focused on non-fungible tokens (NFTs) is offering more than $70,000 worth of prizes and grants to participants including software engineers, graphic designers, NFT creators, game developers and digital artists. The free to enter NFT Vision Hack, which will close for submissions on 30th August, is organised by Indorse, Nifty Labs Gibraltar and Coinsilium.

✉️ Boson Protocol To Launch Portal, The World’s First Metaverse Commerce Brand, Allowing Brands To Launch Physical Products In Virtual Worlds

London, England — 11 August, 2021 — Boson Protocol, the project using smart contracts to power real-world commerce, has announced the launch of Portal. Portal is a virtual lifestyle, commerce and cultural playground which seamlessly connects the metaverse with the universe.

✉️ Bitso to Provide Crypto Pricing Through the Pyth Network

GIBRALTAR & SAO PAULO — August 11 2021 Bitso, the largest cryptocurrency platform in Latin America with over 2.5 million users, today announced that it has begun publishing cryptocurrency prices to the Pyth Network, a decentralized financial market data distribution platform designed to bring real-world data on-chain on a sub-second timescale.

✉️ First Community-Owned DEX With Zero Slippage Limit Orders Feature Announces Fair Launch on Binance Smart Chain

Universe, August 10 — MATE, a decentralized exchange (DEX) that enables traders to maximize their returns through guaranteed limit orders with zero slippage, has announced its Fair Launch will commence on August 16 (exact time TBA) on Binance Smart Chain. As a fully community-owned DEX, the platform will be governed with its eponymous native token.

✉️ Immunefi is Working to Become a Key Contributor to the Maker Ecosystem with a Security-Focused DAO Team

August 12, 8AM PTImmunefi, the leading cryptocurrency bug bounty and security services platform protecting over $25 billion in users’ funds, is forming the Immunefi Security Core Unit (CU), a contracted team within the Maker ecosystem, that will be providing security services for MakerDAO. Immunefi Security CU is being incubated by the Sustainability Ecosystem Scaling CU, the MakerDAO team mandated to further scale the ecosystem in a sustainable manner.

✉️ The World’s First Officially Licensed Cricket NFT platform, Rario, launches on Polygon

New Delhi, August 12, 2021:About Polygon Studios Polygon Studios is the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT Industry and bridging the gap between Web 2 and Web 3 gaming through investment, marketing and developer support. The Polygon Studios ecosystem comprises highly loved games and NFT Dapps like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver by Horizon Games, Decentraland, Megacryptopolis, Neon District, Cometh and Decentral.Games. If you're a game developer, builder or NFT creator looking to join the Polygon Studios ecosystem, get started here.

✉️ Rarible Launches Versatile Open-Source NFT Protocol, Lifting Liquidity Barriers and Simplifying Go-To-Market Process for Builders

August 12, 2021 Rarible.com, the leading non-fungible token (NFT) marketplace for creating, selling and collecting digital items, announced today the official launch of the Rarible Protocol: a public set of open-source tools designed to drastically simplify the go-to-market process for NFT developers and businesses of all levels. A separate entity from the top-ranking Rarible marketplace (Rarible.com), the protocol eliminates tedious back-end technology development when bringing NFT ideas to fruition.

✉️ Chess-themed Tranchess TVL hits $500M as investors seek more risk-averse and stable-yield DeFi protocols

11 AUG 2021 - Tranchess, a tokenized asset management protocol, has surpassed $500 million USD in total value locked (TVL) and over 11,512 BTC locked up three weeks after its full launch on 22 July. As a new and innovative decentralized finance (DeFi) project, Tranchess, caters to varying risk appetites and provides stable, high-yield returns through comprehensible structured fund management.

Funding

💰 VR Marketplace Highstreet Raises $5 Million in Latest Funding Round, Plans to Expand Unity Mobile Team

(Vancouver) August 12, 2021 — Highstreet, the world’s first commerce centered metaverse with a DeFi marketplace for limited edition products, recently raised $5 million in funding. The funding round was led by both crypto and traditional VCs alike including Mechanism Capital, NGC, Palmdrive Capital, Jump Trading as well as many more tier-1 players in the space like GBV, Panony and Shima Capital. Aside from top firms, joining the round also are community builders and influencers like Encrypt Club, Mr. Block, and Miss Bitcoin.

💰 Leading Latin American Venture Firm Kaszek Makes First DeFi Investment

Kaszek, a leading Latin American venture capital fund, made its first decentralized finance (DeFi) investment, leading a $3 million round in Exactly, a startup that is building an open-source, non-custodial credit protocol on the Ethereum platform.

💰 Crypto startup TaxBit is now valued at $1.33 billion after new $130 million funding round

TaxBit, the U.S.based crypto tax software provider, has raised $130 million in a Series B funding round. The round brings TaxBit's valuation to $1.33 billion, making it the latest unicorn in the crypto space.

💰 Crypto data analytics platform Dune raises $8 million in Series A funding

Dune Analytics, the Norway-based crypto data analytics startup, has raised $8 million in a Series A funding round. New York-based Union Square Ventures led the round, with Redpoint Ventures and existing investors Dragonfly Capital and Multicoin Capital also participating.

💰 NearPad raises 2.5 million seed round for DAO led DeFi hub

NearPad has closed $2.5m seed round for the development of our DAO-led DeFi hub on Aurora. With participation from NGC, NEAR Foundation, OWC, Ellipti, LD Capital, Flow Ventures, SuperNova Fund, Genblock Capital, Arkn and several other parties, the raise crystalizes the alignment of goals between NearPad and leading players in the industry to catalyse growth on NEAR blockchain.

💰 TRON Creates $300M Fund to Invest in GameFi Space

One of the world’s largest decentralized blockchain systems, TRON, has announced its development of a $300 million fund called JustPlay, in collaboration with APENFT and WINKLink, to invest in GameFi projects over the next three years, the company said in a statement.

💰 Celo-Based DeFi ReSource Finance Raises $1.7 Million to Support Web3 Businesses

ReSource Finance, a decentralized credit protocol on Celo platform, has concluded its strategic funding round. With fresh funding, the project is going to change the game in the segment of lending for Web3 SMEs. According to a press release shared with U.Today, ReSource Finance has secured $1,700,000 in its strategic funding round. Future Perfect Ventures, NGC Ventures and ExNetwork were among the top contributors of this round.

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