Funding - Page 5
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Polkadot’s Parachain Auctions Aim to Fulfill Promise of Scalability
Polkadot's auction of parachains may drive innovation and scalability for a project aims to improve on Ethereum.
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Trailblazer THORChain Accidentally Front-runs THORSwap Community in Latest Woe
THORChain's woes continued when its DEX accidentally front-runned its community.
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New NFT Discovery Platform Raises $2M From Spartan and Sequoia
A new platform called Pulsr is designed to let NFT investors search the market with visual tools instead of text.
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Avalanche Joins Layer 1 Funding Boom with $200M War Chest for Devs
Avalanche rises $200M developer fund in Layer 1 buildout boom.
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Marc Andreessen and Winklevoss Twins Back Sfermion's $100M NFT Fund
An all-star investment team backed a $100M NFT fund from Smerfion
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Rari Capital Launches Permissionless Lending Pools to Become Uniswap of Lending
Rari Capital, the DeFi protocol created by teenagers, has shipped perhaps its biggest product to date — permissionless lending pools. The new feature allows anyone to create a lending and borrowing pool on the open interest rate protocol, meaning anyone can create a pool for any asset, thereby expanding DeFi possibilities. Projects like NFTX, which…
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Derivatives Protocol Raises $3.75M in Sale of Governance Token
The Tracer Protocol has completed a sale of 50M TCR tokens for 3.75M DAI, giving its total supply a valuation of $75M at the sales end. It has since nearly doubled to $137M, according to CoinGecko. The auction ran for five days, ending on September 15, and it used the Gnosis batch auction system, so…
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Harmony Opens the Throttle on Layer 1 with $300M Fund for Myriad Projects
The Layer 1 blockchain Harmony unveiled a $300M ecosystem fund today to back startups working on applications and protocols. There are many large blockchains now, but to a certain degree each one is a bit of a walled garden, Stephen Tse, Harmony’s founder told The Defiant, via a spokesperson. “Harmony was purpose-built so that developers…
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Startup Uses Facebook Approach to Build Social Network for NFT Collectors
In Facebook’s early days, it famously limited membership to students in colleges and universities, opening a few at a time. Hyype, a new social network for NFT collectors, plans a similar approach but Discord server by Discord server rather than school by school. To that end, Hyype today announced a $1.5M seed round from Electric…
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Optimism and Buterin Tap Profit-Motive to Accelerate Public Goods for DeFi, Sparking Debate
Gitcoin rustles up millions of dollars in funding to support Ethereum developers. Lighthouse gives away Ethereum 2.0 software. And EthHub provides educational services on the Ethereum ecosystem gratis. These endeavors are known as public goods, and no surprise, Defiers love them, and want more of them. But influential voices in DeFi, including Ethereum co-founder Vitalik…
