Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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BlockJoyBlockJoy Secures Nearly $11 Million from Gradient Ventures, Draper Dragon, Active Capital, and more to Launch Decentralized Blockchain Operations
Highlights Helium co-founder and early founding team member launch a whitelabel blockchain nodes-as-a-service startup to reduce operating costs by up to 80 percent for enterprises running nodes for Staking and APIs as a service. BlockJoy is building the Web3 version of AWS on decentralized infrastructure, while still providing a cloud-like experience. The company’s patented technology offers customers a straightforward point-and-click user interface (UI) to run blockchains on any infrastructure. BlockJoy, the company providing a whitelabel blockchain nodes-as-a-service for node hosting…
2 years ago
Affyn Reveals The Next 44 Cities Set To Join NEXUS World Metaverse
City Launch Wave 1 will release 1,750 geolocation-based Land NFTs covering London, Dublin, and Glasgow. Fresh from the success of its “City Launch Wave 0,” Singapore-based blockchain startup, Affyn, is preparing to launch London (750 plots), Dublin (500 plots), and Glasgow (500 plots) as part of Wave 1 in conjunction with the 44-city reveal of their flagship metaverse, NEXUS World. Affyn’s “City Launch Wave 1” is set to launch to the public on February 9, 2023, at 8:00 PM (GMT…
2 years ago
Metacade Presale Investment Rockets Past $5 million as GameFi Investors Hurry to Buy Remaining MCADE Tokens
The Metacade presale is selling out fast, with stage 3 coming to a close after just 12 days. The presale of the play-to-earn (P2E) metaverse arcade saw its previous rounds sell out within 4 weeks, raising $2.7 million. However, this has been dwarfed in comparison to the third stage selling out at lightning speed and bringing the project to raise past $5 million in just several days. Metacade is set to deliver the ultimate blockchain gaming experience, seamlessly and excitingly…
2 years ago
Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps
Peer today announced the hiring of a specialist team of engineers from Zenly to develop its AI-powered 3D maps. The team, known in tech circles by its codename “Wonka,” developed Zenly’s innovative 3D social maps platform that grew to more than 160 million downloads worldwide and 35 million daily active users in 2022. Tony Tran, Founder & CEO of Peer Inc, explained: Zenly users adored its polished and delightful features. We’re huge fans as well, and we look forward to…
2 years ago
Equinoz’s ‘Cybernetics’ Was Sold Out In 4 Minutes On PlayNomm NFT Marketplace
Highlights NFT auction on playNomm for a pre-drop event of the NFT Korea Festival The artwork was sold out at its highest buyout of US$16,000 in 4 minutes On January 31st, on NFT marketplace playNomm (CEO, Sung-Uk Moon), Equinoz’s, one of Superchief Gallery NFT artists, artwork recorded a sold-out 4 minutes into the auction, through the artist’s all-time high buyout price. As a second pre-drop edition of the upcoming “NFT Korea Festival” in March, Equinoz’s ‘Cybernetics’ was revealed and started…
2 years ago
Addressable raises $7.5M to enable Web3 companies to acquire users at scale
Addressable, an innovative end-to-end solution for Web3 marketing, announced today that it secured $7.5 million in a seed funding round, led by Viola Ventures and Fabric Ventures, with participation from Mensch Capital Partners and North Island Ventures. The funding will be used to accelerate adoption and expansion of Addressable’s best-in-class solution, including support for additional blockchains and social media integrations. Dr. Asaf Nadler, co-founder and chief scientist at Addressable, said: Marketing is all about knowing your audience, but since crypto…
2 years ago
SIMBA Chain Awarded $30M U.S. Air Force STRATFI
Leading enterprise blockchain solutions provider SIMBA Chain announces it has been selected for a $30M STRATFI with the U.S. Air Force (USAF), following up on multiple projects the company has completed for the military branch in recent years. The USAF STRATFI is focused on identifying and advancing technologies that have the potential to secure its future dominance. The $30M investment reflects a significant budget increase compared to previous blockchain initiatives and will focus on developing and deploying blockchain applications in…
2 years ago
Venom Ventures Fund Commits a $5 Million Strategic Investment in the Everscale Blockchain
Venom Ventures Fund, a Web3 and blockchain innovation fund managed by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has announced a strategic partnership with Everscale. This premier blockchain aims to solve the scalability issues bogging down the Web3 industry. Venom Ventures Fund has committed a $5 million investment in Everscale to help it further expand its development teams and boost the number of projects. The investment will be in stages, based on the progress and cooperation indicators. Everscale has…
2 years ago
Datamall Chain Foundation Announces Strategic Partnership with AlephCrypto.xyz
Datamall Chain (DMC) DMC Foundation announced today that it had formed a strategic partnership with AlephCrypto.xyz. DMC Foundation and AlephCrypto.xyz will cooperate in many aspects, including blockchain technology development and distributed storage. Both parties will cooperate and support the development of quality projects in the blockchain industry, the Ethereum community, the DMC ecology, and the DMC community. The cooperation will accelerate innovation in the blockchain industry overall and significantly enhance the progress of Web3 technology worldwide. Victor Chen, DMC Foundation…
2 years ago