#Sonic partners with #SolvProtocol , a decentralized platform focused on providing liquidity and yield infrastructure for digital assets. Through this partnership, Solv Protocol will allow users to mint SolvBTC and SolvBTC.BBN natively on Sonic. Utilizing SolvBTC and SolvBTC.BBN within #DeFi applications on Sonic, users can earn a share of the ~200 million $S airdrop, unlocking substantial rewards. Additionally, Solv Protocol is planning integrations with Sonic's wide range of DeFi apps.
Sonic (previously Fantom) is a #Layer1 platform with a secure gateway to #Ethereum . The protocol includes a significant incentive program designed to handle over 10,000 transactions per second.
Sui Foundation unveils strategic partnership with Franklin Templeton Digital Assets
#FranklinTempletonDigitalAssets has been actively investing in the #Sui ecosystem and believes this strategic partnership will further advance those efforts by identifying value creation opportunities that enable builders of Sui-based solutions to deploy innovative technologies leveraging the Sui blockchain protocol.
Sui is a #Layer1 blockchain platform built to meet the demands of global adoption, providing a secure, robust, and scalable development environment. Sui utilizes a unique object-centric data model and #Move programming language to tackle inefficiencies found in current blockchain architectures.
#COTI and #Poolz partner to launch #MomentumX , a privacy-centered accelerator aiming to drive the growth of the COTI ecosystem. MomentumX will support privacy-focused dApps built on COTI’s technology. Combining COTI’s innovation with Poolz’s fundraising expertise will ensure startups are fully equipped to succeed in the #Web3 landscape.
COTI is a fintech platform that aims to empower organizations to create their payment solutions and digitize any form of currency.
#XION launches #Believathon , its 3-week online hackathon with a $40,000 prize pool, millions in funding opportunities, fast-track access into XION’s upcoming #ACCELERAXION program and the opportunity to deploy to XION’s mainnet. Believathon was launched on November 21st and will last until December 15th.
XION is the pioneering modular Generalized Abstraction layer tailored specifically for consumer adoption. By incorporating protocol-level implementations covering abstracted accounts, signatures, fees, interoperability, and additional features, XION empowers secure, user-friendly and effortless experiences.
#Ultiverse partners with #Lumoz , a modular compute Layer and RaaS platform. To mark this partnership, Ultiverse will launch a special giveaway on its quest platform. Additionally, Lumoz, after the esMOZ initiative, revealed plans for an upcoming mainnet launch.
Ultiverse is an integrated Web3 platform combining #GameFi , #NFT , #DeFi , Marketplace, and Liquid Staking, backed by Binance Labs, Morningstar Ventures, Animoca Brands, Polygon Ventures and others.
Lnfi Network secures investment in a Pre-Seed funding round
#LnfiNetwork receives investment in a Pre-Seed funding round from HashKey Capital, CMS Holdings, Waterdrip Capital, UTXO Management, Wolf’s Clothing and others.
#Lnfi is an all-in-one financialization layer that brings Web3 and tokenization to the #LightningNetwork through #LightningFi . This financialization layer enables sending and receiving, issuing, distributing, fundraising, staking, locking, gifting and trading Taproot assets over Nostr.
Gunzilla Games secures investment from Coinbase Ventures
#GunzillaGames receives investment from Coinbase Ventures to advance the integration of #Web3 and gaming and scale its gaming ecosystem, #GUNZ . Previously, Gunzilla Games launched a daily Clash for Cash tournament with a $3,000 prize pool and held an all-stars streamers tournament with a $600,000 prize pool in the #OffTheGrid game.
Gunzilla Games, founded in 2020, is an independent game studio focused on creating next-generation gaming experiences by leveraging advanced technology. It has raised $76M in two funding rounds backed by Morningstar Ventures, CoinFund, Blizzard Fund, Republic Capital and others.
aelf unveils a partnership with Aethir, Edge Matrix Chain, Gaia, NAWS, NetMind.AI and Nuklai
#aelf partners with #Aethir , #EdgeMatrixChain , #Gaia , #NAWS , #NetMindAI and #Nuklai to expand its capabilities and influence in the blockchain and #AI sectors. Through this partnership, aelf integrates advanced AI solutions, enhancing data monetization and leveraging decentralised compute power, strengthening the aelf blockchain.
aelf is an open-source, decentralized cloud computing #Layer1 blockchain designed for enterprise use cases.
#Shinami secures $5.64M in a Seed funding round from Coinbase, 6th Man Ventures, Aptos, Race Capital, Mysten Labs, Movement and Circle.
Shinami is the leading developer platform for #Aptos, #Sui and #Movement. Shinami's products enable developers to create applications more efficiently, offering improved user experiences and reduced operational overhead.
#KGeN secures $10M in an ecosystem funding round led by Aptos, with participation from Game7 DAO and Polygon Labs. The ecosystem funding round brings KGeN's total funding to $30M.
KGeN is an engagement platform and e-commerce marketplace for gamers in emerging markets, powered by the P.O.G. Engine. It is being built from the ground up to address the LTV/CAC ratio challenges in the gaming industry worldwide.
#Deblock secures $16.8M in a Seed funding round co-led by Headline, Hoxton, 20VC and Chalfen. The Seed funding round brings Deblock's total funding to $28.8M.
Deblock provides a digital platform that combines a current account with a non-custodial crypto wallet. Users can seamlessly manage EUR and cryptocurrencies, benefiting from features such as IBANs, instant transfers, physical and virtual cards and currency exchange services.
👉 sifted.eu/articles/20vc-deblock-raise-news
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