š¬ Inbox Dump #4
All the tips that didn't make it to The Defiant the rest of the week.
By: Ā Ā
Inbox DumpHello Defiers! Welcome to the fourth edition of Inbox Dump where weĀ include the updates and announcements that flood our DMs each week and didnāt make it to our content platforms.Ā Sometimes announcements here didnāt meet the bar to become a news story, sometimes they may have slipped through the cracks, or they came late and we havenāt had a chance to cover.
At The Defiant we cover the most important DeFi-related news and developments but I know many of you are hunting for projects before they are fully developed and before they are newsworthy. My goal with this installment of the newsletter is to help you find them.Ā 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 āhere we go!
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Inbox Dump!
ā BSCstarter Unveils First Community-Selection Launchpad for Binance Smart Chain
BRITISH VIRGIN ISLANDS - April 13, 2021 - BSCstarter, the first community-selection launchpad for Binance Smart Chain (BSC), today announced its community has funded 12 IDOs and its platform has reached a $42 million fully diluted market cap since its launch on March 8, 2021. On BSCstarter, investors can vote on what projects to support and developers can access capital from the community through a peer-to-peer decentralized token sale.
š„½ SuperWorld Chooses Props to Power its Loyalty Token
SuperWorld, the virtual world in augmented reality that allows users to buy and sell virtual real estate anywhere on Earth as NFTs, today announced it is integrating Props as its loyalty token. The integration will enable SuperWorld users to unlock benefits within SuperWorld and its upcoming NFT marketplace, and to gain a financial stake in the ecosystem they participate in.
š„ Duck NFT Called "Perfection" Just sold on Waves Own NFT Marketplace for $1 M
It is the highest sale of NFT outside of Ethereum to date (The 2019-20 LeBron James dunk sold for $208,000 on NBA Topshot, BitcoinOriginās 4MB Block (M2) sold for $345,300 on Atomic Hub.) But beyond the sale of the NFT by its founder, Sasha Ivanov, Waves will be introducing layered utility on top of it such as social games + DeFi yields mechanics to incentivize participation in the protocol.
šØāšØ SOTHEBYāS DEBUT NFT COLLABORATION WITH DIGITAL ARTIST PAK, āTHE FUNGIBLEā COLLECTION TOTALS $16.8 MILLION ACROSS THREE-DAY DROP ON NIFTY GATEWAY
NEW YORK, 14 April 2021 ā Earlier today, 'The Fungible' Collection, Sothebyās debut NFT sale in collaboration with world-renowned digital artist Pak, concluded with $16,825,999 achieved across the three-day drop on Nifty Gateway. There were 3,080 unique buyers of the Open Edition cube units, which achieved $14,026,000 over the course of the three days of sales. On the opening day, the sale set a new single-day record for open editions on Nifty Gateway, selling 19,737 cube units and achieving $9.9 million during the 15 minute sale window.
šµ World-Famous DJ Gareth Emery is Selling a $250,000 Sculpture That Shoots Lasers as Part of His Debut NFT Drop
World-famous DJ Gareth Emery (4M followers across social media) will drop his innovative NFT collection LSR/CITY (pronounced ālaser cityā) on April 15 via Nifty Gateway.Ā LSR/CITY an inventive collection that features a one-of-a-kind laser sculpture priced at $250,000, and lets one lucky buyer watch their NFT played live in concert.Ā When Covid forced Emery to cancel his epic arena laser show, typically seen by hundreds of thousands each year and featuring nearly 60 lasers in sync at a time (watch here), he channeled that technology to create LSR/CITY.
š Polyient Launches Gamified App For NFT Discovery
PHOENIX (PRWEB)Ā APRIL 13, 2021 Polyient, the industry-leading investment group behindĀ Polyient Games, has launchedĀ NFT Discover, a gamified web application where users choose their favorite NFTs from hundreds of thousands of randomized pairings. The new app lets users engage with both new and well-known NFTs, allowing them to decide which theyād rather own. After the choice is made, NFT Discover provides the user with the relevant information on the NFT and where it can be purchased.
š FDT onboards Fireblocksā MPC technology to improve digital asset security
HONG KONG, SINGAPORE ā 14 APR 2021 āFirst Digital Trust (FDT), Asiaās leading qualified multi-asset custodian to the worldās largest investment community, BnkToTheFuture, will integrate Fireblocksā award-winning MPC-based digital asset infrastructure to meet the increasing demand from fintech companies seeking custodial solutions in Asia.
šµ Tether Tokens (USDt) Surpasses US$45 Billion Market Cap
British Virgin Islands, April 13, 2021 - Tether Operations Limited (Tether), the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has today announced that Tether tokens (USDt) have more than doubled this year to a market capitalization of US$45 billion.
š Polkadex IDO launches on Polkastarter on the 16th of April
One of the most anticipated projects of 2021, Polkadex, announced its Initial DEX Offering in partnership with Polkastarter launchpad. A non-custodial high-frequency trading decentralised exchange Polkadex is getting ready for its upcoming IDO on Polkastarter.
šØ NFT Nights: Book a Villa with NFT
We are Trips Community, a project exploring web3 applications in the hospitality sector, and Origin Protocol partners. Allow me to draw your attention to our NFT experiment: "NFT Nights: Book a Villa with NFT". We created an NFT representing a booking in a stay in villa in Ibiza, Spain, and put in on OpenSea. In parallel we created a DAO on a Gnosis Safe which collected over $2000 to buy the NFT for its historical value after the stay.
šØ Seven20 Signs First Ever Visual Artist Alan Bolton
Having already made quite the name for himself within the NFT space, Alan Bolton now teams up with deadmau5's house-centric label hau5trap for its first ever NFT collection.Available on Tuesday, April 27 via MakersPlace, the drop includes a 1 of 1 one-minute audio piece, and 2 open editions of 15-second audio loops. This is one of the first ever NFT collaborations between a record label and visual artist.
š¼ RUN DMC Drops Limited-Edition Collection Of Artwork NFTs
RUN-DMC, the pioneering New York hip-hop group has dropped a limited-edition collection of artwork NFTs with UK record label 12on12, with whom they released a limited edition vinyl just last year. The drop celebrates the 35th anniversary of the seminal 1986 album 'Raising Hell' and pays tribute to their late bandmate Jam Master Jay. The unique artwork was created by rising LA artist Reena Tolentino aka 'RT.'
āØ Phillips to Offer REPLICATOR by Mad Dog Jones,Ā The First NFT in Company History; Bidding Begins on April 12
NEW YORK, NY ā April 12, 2021 ā Phillips is pleased to announce the sale of REPLICATOR by Mad Dog Jones, the first NFT to be offered by the auction house in company history. With an opening bid of $100, the work was created with the ability to generate new unique NFTs from itself every 28 days. REPLICATOR will be offered in an online-only auction, open for bidding to collectors around the globe on phillips.com from 12-23 April.
š Ushering in XRPās DeFi era: Introducing decentralised XRP cross-chain bridges
Since 2017, Wanchain has been on a mission to drive blockchain adoption through interoperability by building fully decentralised bridges connecting the worldās many siloed blockchain networks. After building an industry-leading decentralised blockchain interoperability frameworkāāāconnecting Bitcoin, Ethereum, Wanchain, EOSIO and Binance Smart Chaināāāthe Wanchain team continues to make strides.
š¦ Deeper Network Announces Uniswap Listing
Santa Clara, April 9 - Deeper Network, which is building the decentralized internet infrastructure for the Web 3.0, has announced that it will launch its DPR token on Uniswap following a successful IDO event in March. The Uniswap listing will occur on April 10th, at midnight UTC time.
Funding
š°ConsenSys Raises $65 Million to Accelerate Convergence Of Traditional And Decentralized Finance
New York, NY, April 13, 2021 - Today, ConsenSys announced the final close of its $65M formation round to accelerate the convergence of decentralized finance (DeFi) and Web3 applications on Ethereum with enterprise blockchain infrastructure. Global financial services firms J.P. Morgan, Mastercard, and UBS invested alongside leading blockchain companies, including Protocol Labs, the Maker Foundation, Fenbushi, The LAO, Alameda Research. Additional investors include CMT Digital, Greater Bay Area Homeland Development Fund, Quotidian Ventures, and Liberty City Ventures. Several funds invested with Ethereum-based stablecoins, DAI and USDC, as consideration.
š° Boson Protocol Concludes $25.8m Public Sale, Lists Token On Exchanges
London, England ā 12 April, 2021 āBoson Protocol, the project pioneering a capture resistant dCommerce ecosystem using NFTs encoded with game theory, announced today that it has successfully raised $25.8m in its public token sale, bringing the total funds raised by the company to $36m. Boson has also announced the listing of the BOSON token on a number of cryptocurrency exchanges, including Bitfinex, Kucoin, and Gate.io, enabling traders to access its ecosystem and play an active role in the advancement of decentralized commerce.
š°Blockchain.com Ventures, Eden Block, DACM and others purchase $9.3M of Pocket Networkās token
Tampa, April 13, 2021 ā Pocket Network, an unstoppable blockchain data ecosystem for Web3 applications, has increased the total value locked on the network by $9.3M, with Blockchain.com, Eden Block, DACM and others purchasing the POKT token to power decentralized data infrastructure for Web3.0 applications.Ā The total value locked in staked POKT has now increased to over $189.35M. Pocket is a decentralized network that relays data to and from blockchain applications, where participants are rewarded in POKT, in order to create an incentivized network of node providers.
š°Binance Labs leads $1.6M seed round in DeFi startup MOUND, the developer of Pancake Bunny
Decentralized finance startup MOUND, known for its yield farming aggregatorĀ Pancake Bunny, has raised $1.6 million in seed funding led by Binance Labs. Other participants included IDEO CoLab, SparkLabs Korea andĀ HandshakeĀ co-founder Andrew Lee.Built onĀ Binance Smart Chain, a blockchain for developing high-performance DeFi apps, MOUND says Pancake Bunny now has more than 30,000 daily average users, and has accumulated more than $2.1 billion in total value locked (TVL) since its launch in December 2020.
š°Enso Finance Completes $5M Funding Round Led by Polychain, Dfinity
Decentralized finance (DeFi) trading platform Enso Finance has closed a $5 million private funding round co-led by Polychain Capital and Dfinity Beacon Fund. Other participating investors included cryptocurrency investment firm Multicoin Capital, P2P Capital, Singapore's Spartan Group, Zola Global, and The LAO and angel investors from AngelList, Dfinity, Synthetix, Status, Fantom, Nexus Mutual, Aave and Messari, Enso Finance said Tuesday.
š°Pendle Raises $3.7M for DeFi Future Yield Token Markets
The DeFi startup hasĀ raised $3.7 millionĀ in a private funding round led by Mechanism Capital. Other contributors included some of the usual suspects in DeFi investment. Those include Crypto.com Capital, Hashkey Capital, Spartan Group, imToken,Ā DeFi Alliance, LedgerPrime, and a number of others.
š°DeFi Technologies Announces Co-Investment with Pomp Investments into SOVRYN, a DeFi platform designed for the Bitcoin Network
TORONTO, April 14, 2021 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the āCompanyā or āDeFi Technologiesā) (NEO: DEFI, GR: RMJR, OTC: RDNAF) is pleased to announce that it has co-invested alongside Pomp Investments (Anthony Pomplianoās investment fund) into SOVRYN, one of the first implementations of decentralized finance technologies specifically designed for the Bitcoin network.
Thatās all for today. Let me know what I missed!
The DefiantĀ is a daily newsletter focusing on decentralized finance, a new financial system thatās being built on top of open blockchains. The space is evolving at breakneck speed and revolutionizing tech and money. Spread the word and share!
