by RJ Shara | Jul 30, 2021 | Startups
I discovered Yat in April, when a pal sent our group chat a link to a story about how the essential emoji offered as an “internet identity” for $425,000. “I hate deep space,” she texted. Sure, the universe would be much better if people with a spare $425,000 spent it on shared aid or something, […] And few more minutes later, I invested $5 (in USD, not crypto) to buy ![]()
, an emoji string that I think tells a informs story about my caffeine dependency and reliance stomach. Yat utilizes an algorithm to determine your Yat’s “rhythm rating,” its metric for identifying how to price your emoji combination based on its rarity.”For the first time ever, we’re going to be auctioning some Yats on OpenSea, and we’re going to be releasing minting of Yats on Ethereum, “Jain said. Prior to minting Yats as NFTs, users can develop a digital art landscape for their Yats through a Visualizer. ![]()
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by RJ Shara | Jul 19, 2021 | Startups
If you spent any time this year desperately trying to figure out what the heck NFTs are, you probably have Dapper Labs CEO Roham Gharegozlou to thank for that. His startup’s crypto trading card marketplace NBA Top Shot went viral earlier this year with users dropping hundreds of millions of dollars on digital NBA collectibles. […] …
by RJ Shara | Jul 14, 2021 | Startups
While retail financiers grew more comfy purchasing cryptocurrencies like Bitcoin and Ethereum in 2021, the decentralized application world still has a great deal of work to do when it concerns onboarding a mainstream user base. Phantom becomes part of a new class of crypto start-ups aiming to construct facilities that offers and improves blockchain-based applications […] The crypto wallet startup has banked a $9 million Series A round led by Andreessen Horowitz (a16z), with Variant Fund, Dive Capital, DeFi Alliance, Solana Structure and Garry Tan also getting involved. The co-founding group of CEO Brandon Millman, CPO Chris Kalani and CEO Francesco Agosti all come aboard from crypto facilities start-up 0x. The startup states they have some 40,000 users of their existing wallet product. 
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by RJ Shara | Jun 25, 2021 | Fundings and Exit, Startups
Mercuryo, a start-up that has built a cross-border payments network, has raised $7.5 million in a Series A round of financing. The London-based business describes itself as “a crypto facilities business” that intends to make blockchain helpful for businesses via its “digital possession payment gateway.” Specifically, it aggregates various payment services and supplies fiat and […] “The need for quick and efficient international payments, especially for services, is as appropriate as ever,” said Petr Kozyakov, Mercuryo’s co-founder and CEO.”Our group has a clear strategy on making crypto generally available by making it possible for inexpensive and straightforward deals,” Kozyakov stated. Mercuryo began onboarding consumers at the start of 2019, and has actually seen remarkable growth given that with annual recurring profits (ARR) in April surpassing over $50 million. To construct on that momentum, Mercuryo has actually begun expanding to new markets, including the United States, where it launched its crypto payments providing for B2B customers in all states previously this year. ![]()
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by RJ Shara | Jun 17, 2021 | Fundings and Exit, Startups
Valencia-based startup Internxt has been quietly working on an ambitious plan to make decentralized cloud storage massively accessible to anyone with an Internet connection. It’s just bagged $1M in seed funding led by Angels Capital, a European VC fund owned by Juan Roig (aka Spain’s richest grocer and second wealthiest billionaire), and Miami-based The Venture […] …
by RJ Shara | May 25, 2021 | Startups
We formerly discussed Propy using blockchain technology to smooth real-world property sales by presenting the idea of wise contracts. Propy was the first blockchain startup to make that work. Now the company is pressing the limits again, by auctioning a genuine apartment or condo as an NFT. Although one may wish to brush this aside [ …] The NFT developed by Propy will, it states, transfer real ownership of the property. Natalia Karayaneva, CEO of Propy stated: “This NFT will go down in history. Here’s how this is all going to work: Arrington has signed legal papers designed by Propy’s lawyers for the NFT to move ownership to a future buyer. Propy then performs the NFT auction and gets payment in cryptocurrency. — TechCrunch” src=”https://techcrunch.com/2021/03/15/the-nft-market-is-just-getting-started-but-where-is-it-headed/embed/#?secret=pzaiv7eUlK” data-secret=”pzaiv7eUlK” width=”800″ height=”450″ frameborder=”0″ marginwidth=”0″ marginheight=”0″ scrolling=”no” > 
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by RJ Shara | May 6, 2021 | Startups
For each crypto-skeptic that sees NFTs yet another hype bubble, there’s an acolyte who sees NFTs as the secret to opening the future of the innovative web. Bitski, an SF-based start-up that constructs custom-made NFT storefronts for brand names and creators, is relying on the latter, and they have new financiers wagering the same. The […] Bitski is aiming to permit traditional brand names and stars to bypass the crypto intricacy of early marketplaces, hoping to offer consumers like early partner Adidas an on-ramp to the NFT world that’s more approachable to consumers who understand digital products however may not have completely bought into crypto. 
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by RJ Shara | May 5, 2021 | Fundings and Exit, Startups
Bitso, a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the business at $2.2 billion….
by RJ Shara | Apr 29, 2021 | Startups
Institutions need to keep their crypto assets somewhere. And they aren’t going to keep it on some random or consumer-grade crypto operation. This requires more sophisticated technology. Furthermore, being in the EU is going to be a key barrier to entry for many U.S. or Asia-based operations. Thus it is that Berlin-based digital asset custody […] …
by RJ Shara | Apr 28, 2021 | Fundings and Exit, Startups
Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. The company previously raised a total of $15.5 million, so the latest financing brings its total raised to $95.5 million since it launched in 2017. The latest round caught […] …
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