📬 Inbox Dump #34

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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🙏 Together with:

• Sorare: Experience true football connection in The Global Fantasy Football Game! Trade & collect, play with football NFTs #OwnYourGame

Inbox Dump!

✉️ KyberDMM comes out of beta and rebrands to KyberSwap to provide the best DeFi trading and earning experience

Singapore - 2nd Dec - Kyber Network has announced that KyberDMM DEX (dmm.exchange) is now out of beta and has been rebranded to KyberSwap (kyberswap.com), accompanied by important new features for traders and liquidity providers.

KyberSwap is a multi-chain DEX (decentralized exchange) aggregator and liquidity protocol with significant advantages over typical AMMs/DEXs; the best rates for traders and higher capital efficiency and returns for liquidity providers.

✉️ Gala Games Drops Its Only Mirandus VOX Collection with Real Play-to-Earn Utility on December 6

PALO ALTO, Calif. (December 3, 2021) - Gala Games, the successful blockchain gaming platform, will drop its highly anticipated Mirandus VOX Collection on December 6, 2021 at 2 p.m. PST. It will be the only Mirandus VOX series to be released. VOX are not only an adorable NFT collection from Gala Labs, they are also collectibles with a real play-to-earn utility in two of Gala's most popular games: Town Star and Mirandus. Each avatar can be purchased exclusively at Gala Games’ website Gala.Games, which means no gas wars. The collection will open priced at 0.888 ETH each (~7,536 GALA at the time of this announcement) or approximately $4012 US with the first 888 reserved for Gala Gold Members and Node Owners only.

✉️ SPACE BUGS NFT project sells out in six hours offering more than 7000% gain for one investor

London, 26th November 2021 A new collection of 3,333 NFTs, entitled SPACE BUGS, which launched on the 20th November to people on the White List, and to the public a day later, has shown massive returns for investors following a sell-out after six hours. Already a second collection is being planned for launch along with a gaming element, Bugverse 2.0, which features a community token, allowing users to game and earn.

✉️ Music Industry veteran joins NFTb to lead NFTb Stars

Singapore, 1 December 2021 - NFTb, the platform that combines a premium NFT marketplace for verified creators with a suite of DeFi products to earn rewards, has made a senior appointment within it's management team, hiring high-profile music veteran Jaeho Jang as Head of Music to lead their new venture, NFTb Stars.

✉️ Bitfinex Launches Multi-Screen Function as Go-to Hub for Pro Traders Powers Cross Digital Token Strategies

British Virgin Islands, December 1, 2021 10:00 AM UTC – Bitfinex, a state-of-the-art digital token trading platform, has launched a feature that enables users to customize their view on the market with a multi-screen function designed to generate alpha, providing professional traders with a means of exploiting correlations between different trading pairs.

✉️ OTB GROUP ESTABLISHES BVX (BRAVE VIRTUAL XPERIENCE) TO DEVELOP PRODUCTS AND CONTENT FOR THE METAVERSE

30 November 2021 – OTB Group, the international fashion group that powers global brands Diesel, Maison Margiela, Marni, Jil Sander, Viktor & Rolf, Amiri, and controls the companies Staff International and Brave Kid, today announced the formation of a new business unit: Brave Virtual Xperience (“BVX”). BVX will be entirely dedicated to the development of products, projects and experiences designed for the virtual world or “metaverse”.

✉️ Minterest Collaborates With Chainlink To Enable A Fairer Form Of DeFi

Tallinn, Estonia – 30 November 2021 –Minterest, a value-capturing lending and borrowing protocol designed to make DeFi fairer for users, has announced an integration of Chainlink, the most widely used and secure decentralised oracle network.

✉️ Arteria AI set to acquire H4’s financial services business assets

London / New York, 1 December 2021 – Arteria AI, an award-winning global leader in enterprise digital documentation, has agreed to acquire certain financial services assets of H4, an award-winning contract lifecycle management platform.

✉️ Bojangles Celebrates Chicken Supremes, Art and Culture in NFT Collaboration

CHARLOTTE, N.C. (Dec. 1, 2021) – The Southern expert in flavorful food is mixin’ up a cultural blend so perfectly seasoned, you know it can only be from Bojangles. Today, the brand is launching its first ever batch of NFTs – Non-Fungible Tokens – individually crafted by seven North Carolina artists with a nod to Bojangles’ beloved Chicken Supremes™.

✉️ Crypto Pioneer, DJ & Producer BLOND:ISH Launches $ISH Social Token with P00LS

Miami, FL (December 1, 2021) —Canadian DJ and music producerBLOND:ISH today announced the launch of her official cryptocurrency, $ISH, an integral step in her vision to create a social token-powered ecosystem. The token will be issued and distributed on P00LS—the premier decentralized exchange for creator cryptocurrencies—facilitating platform-independent community development alongside BLOND:ISH’s vision for the metaverse: “Happy Happy World.” Though $ISH will be officially minted by P00LS in early 2022, fans have the opportunity to begin earning claims on $ISH ahead of time by interacting with the P00LS platform beginning on December 1st.

✉️ K-Swiss Partners with Walt Grace Digital to release “Instant Classic” NFT in celebration of its Limited-Edition 55th Anniversary Sneaker’s

Los Angeles, CA (November 29, 2021)— K-Swiss is excited to announce its partnership with Miami, Florida based NFT creation house, Walt Grace Digital, to release “Instant Classic”— a non-fungible token (NFT) in celebration of the brand’s 55th anniversary and introduction into the digital space. To coincide with the release, K-Swiss will— together with Walt Grace Digital’s sister company, Walt Grace Vintage, host an in-person event during Miami’s Art Week on Saturday the 4th of December where the NFT will be officially released.

✉️ Moonwalk Unveils NFT Utility Wallet, A No-Code Solution for Brands, Gaming Platforms, Creators and Communities Using NFT’s to Unlock Digital, IRL and Metaverse Access and Rewards

NEW YORK —December 1, 2021— Moonwalk, the NFT and Web3 Communities platform for brands and creators, today is pleased to announce the official unveiling of the Moonwalk-branded NFT Utility Wallet, a no-code solution for brands, gaming companies and creators looking to create NFT communities and deploy NFT-powered unlocks and gamification. Available for desktop, mobile web, chrome extension and API deployment, Moonwalk’s unique NFT Utility Wallet acts as a home for communities, allowing brands and creators to create unlockable virtual and in-person experiences powered by NFT’s and branded tokens.

✉️ Luxury NFT marketplace 1Kind debut with World Chess Champion Garry Kasparov

18th November 2021: Leading NFT marketplace, 1Kind, launches with its first drop in partnership with World Chess Champion Garry Kasparov on December 9th to release a series of exclusive digital collectables (NFTs) unique artefacts, and exclusive experiences to honour his legacy.

Funding

💰 DEX aggregator 1inch closes $175 million funding round, wants to ‘open doors to DeFi’

DEX aggregator 1inch Network closed a $175 million Series B round of funding, as per reports. With that, the liquidity sourcing business is now valued at a massive $2.25 billion. Hong Kong-based Amber Group reportedly led the round, along with 50 more participants including the likes of VanEck and Celsius.

💰 Defi-Focused Crypto Wallet Ambire Receives $2.5m in Funding Round

The venture, which offers exposure to defi earning opportunities while optimizing gas fees, welcomed investment from a slew of major private investment firms including Ascensive Assets, Metacartel Ventures and Zee Prime. Danish Chaudhry, the CEO of the bitcoin.com exchange, also came on board as an angel investor.

💰 Three Arrows Backs Money-Streaming Mean DAO to Boost DeFi Payments on Solana

Mean DAO has raised a $3.5 million funding round to boost Solana’s decentralized finance (DeFi) ecosystem with a protocol for money streaming, a service that automates payment and banking workflows and allows for flexible payment schedules. The project announced the funding round on Monday, led by Three Arrows Capital, SoftBank and DeFiance Capital, with participation from Skyvision Capital, Solar Eco Fund, Sesterce Capital and Gate.io.

💰 Structure Raises $20mm to Bring DeFi Investing to Mainstream Mobile Users

ROAD TOWN, British Virgin Islands--(BUSINESS WIRE)--Structure, a global mobile-first financial platform that will offer universally accessible decentralized finance, has closed initial funding of $20 million including both seed funding led by Polychain Capital and proceeds from a sale of its token $STXR. Other investors participating include Bixin Ventures and Ascensive Assets. As of the latest funding round, Structure is valued at approximately $150 million.

💰 Maven 11 Capital raise $120M in secondary funding round

Digital asset investment firm Maven 11 Capital has announced a $120 million funding round for its private investment establishment, Venture Fund II, in a move that will further expand its financial footprint across emerging sectors of decentralized finance (DeFi) and Web 3.0. The funding round builds off a successful inaugural raise of $40 million in June of this year.

💰 DeFiato Completes First Round of Funding

DeFiato, a Singapore-based fintech platform for Decentralised Finance (DeFi), completed the first round of its private token sale. Participating investors include DeFi-focused funds DAO Maker, Mirana Ventures (a venture partner of Bybit and BitDAO), CRC Capital, Double Peak Group, Dweb3 Capital and 7 O’Clock Capital.

💰 Solv Raises Over $4 Million in Series A Round To Bring Voucher Finance to DeFi

Solv Protocol recently announced $4 million raised in Series A round from leading venture investors including Blockchain Capital, Sfermion, and gumi Cryptos Capital. These funds will give the project a head start in pioneering ‘voucher finance’ for DeFi. Solv is a DeFi protocol enabling users to mint and trade NFTs representing financial ownership (also known as ‘vouchers’).

💰 XY Finance Raises $12M Funding Round from Investors Including Circle

NEW YORK, Dec. 2, 2021 /PRNewswire/ -- Rapidly growing blockchain startup XY Finance has announced that it has closed a $12M funding round led by some of the most prominent venture capital firms in the cryptocurrency space. Led by investors including Circle Internet Financial, LLC, Infinity Ventures Crypto, Mechanism Capital, TRON Foundation, Morningstar Ventures, Yield Guild Games Ventures, Block Capital and Animoca Brands, the full consortium includes more than forty investment firms.

💰 Solana-based derivatives network Hxro raises $34 million in token round

Hxro (pronounced "hero") Network, a Solana-based derivatives trading platform, has raised $34 million in a token round. SIG DT Investments (a Susquehanna International Group company), Jump Crypto, and Blockchain Capital co-led the round, with Alameda Research, Chicago Trading Company, Solana Ventures, Coinbase Ventures, Commonwealth Asset Management, and others also participating.

💰 The AVAX-native Stableswap – Platypus Secures $3.3M in a Funding Round Led by 3AC and DeFiance Capital

Platypus, the AVAX-native Stableswap, secures a total of $3,3M in its funding round led by Three Arrows Capital and DeFiance, alongside other top-tier investors like Mechanism or CMS Holdings.

💰 Structure Raises $20mm to Bring DeFi Investing to Mainstream Mobile Users

December 1, 2021 —Structure, a global mobile-first financial platform that will offer universally accessible decentralized finance, has closed initial funding of $20 million including both seed funding led by Polychain Capital and proceeds from a sale of its token $STXR. Other investors participating include Bixin Ventures and Ascensive Assets. As of the latest funding round, Structure is valued at approximately $150 million.

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