Hello Defiers! Welcome to Inbox Dump where we include the updates and announcements that flood our DMs each week and didn’t make it to The Defiant’s content platforms. Sometimes announcements here didn’t meet the bar to become a news story, sometimes they may have slipped through the cracks, or they came late and we haven’t had a chance to cover.
At The Defiant we cover the most important DeFi-related news and developments but we know many of you are hunting for projects before they are fully developed and before they are newsworthy. Our goal with this installment of the newsletter is to help you find them. 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—here we go!
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🙏 Together with:
- Matcha: Matcha makes sure you’re getting the best possible price by routing orders across all the various DeFi exchanges, now with an integrated fiat on-ramp. Start trading at matcha.xyz/defiant
Inbox Dump!
✉️ ETHSafari: The latest, greatest Ethereum event in Africa
Taking place on Sept. 18 to 24, ETHSafari will be held in Kenya to learn, hack, discuss and celebrate the Ethereum ecosystem, the decentralized future, the use cases transforming Africa, and the people that are building them in the continent.
✉️ Ceres presents DEO Arena — One of the first P2E games in the DotSama ecosystem
Ceres is proud to announce the launch of DEO Arena, one of the first play-to-win games in the Polkadot and Kusama ecosystems.
✉️ DeFi Yield Protocol (DYP) Anticipates Metaverse Platform Launch with Listings on Coinbase, Huobi, and MEXC
Romania, 17th August — DeFi Yield Protocol (DYP) announced listings on several industry-leading exchanges, including Coinbase, Huobi Global, and MEXC.
✉️ Crypto Token Launches Meditate2Earn Program Rewarding Holders for Self-Care
England, 18th August. The team behind Ryuuko Tsuka, an innovative new wellness token, has launched Meditate2Earn. Ryuuko Tsuka will pay USDC to holders who participate in daily meditation and wellness activities and will shortly move to a community-run DAO.
✉️ Chainlink and Pitango’s First Labs Unveil Summit and Hackathon to Boost Web3 Development In Israel
Israel – First Lab, Ethereum-based decentralized oracle network Chainlink, in partnership with Israeli venture capital firm Pitango’s Web3 venture lab First Labs, has revealed an upcoming web3 summit and hackathon scheduled to kick-off in September 2022.
✉️ Sequoia-backed Finblox Launches Pool Party, Allowing Users to Earn Free Crypto Prizes
Finblox recently announced the launch of their “FinSwap” and “Pool Party” products, marking an ambitious expansion from their “FinEarn” product which allowed users to buy and earn passive crypto rewards.
✉️ Dubai To Be the Web 3 & Metaverse Capital of The World
The tech investment world has grown rapidly in the last 20 years since the dot com boom. Investors have gone from investing into micro chip manufacturing companies to internet marketplaces such as Amazon and eBay.
✉️ +35 leading Tron & Bittorrent chain projects and Partners launch the sTRONger Together Challenge, an ecosystem initiative
sTRONger Together Challenge, an initiative highlighting the best projects within the TRON and BitTorrent Chain ecosystem, has launched its first season.
✉️ Crypto Gibraltar – DLT business meets the metaverse
The Crypto Gibraltar Festival 2022 takes place from 22nd to 24th September and will bring together the crypto business world and the new world of the metaverse.
✉️ Mercado Livre launches cryptocurrency Mercado Coin to boost its loyalty program
The online retail platform Mercado Livre is today launching its own cryptocurrency, Mercado Coin, which will work as a kind of cashback to strengthen its loyalty program.
✉️ Crypto Custodian Copper to Connect to Solana for DeFi Access
The link will allow Copper’s customers to connect with decentralized applications (dapps) and enables them to transact securely using the firm’s CopperConnect multi-party computation (MPC) technology.
✉️ SUPERRARE DEBUTS EXHIBITION FEATURING WORKS IN TOP PERFORMING SPACES
NEW YORK, AUGUST 18 – SuperRare, today announced a new exhibition Spaces: a Decentralized Future featuring the five top performing Spaces from the past month.
✉️ RockX Officially Verified by World’s Leading Staking Research Platform
17 August, Singapore – RockX, one of Singapore’s leading crypto staking firms, has been recognized by Staking Rewards as a Verified Staking Provider with effect from July 20, 2022.
✉️ Sterling Trading Tech Adds FX and Crypto Asset Classes To Its Advanced Risk and Margin System
CHICAGO, AUGUST 17 – Sterling Trading Tech (STT), a leader in technology solutions for the capital markets, today announced the addition of the FX and Crypto asset classes to its industry-leading risk and margin system.
✉️ Bitcoin Miner Stronghold Gives Back Rigs to Reduce Debt
Stronghold Digital Mining Inc. said it reached agreements with lender New York Digital Investment Group and WhiteHawk Capital to eliminate over half its debt and add liquidity.
✉️ emoji® Exclusively Partners with RECUR to Bring the Iconic Brand to Web3
August 17th, 2022 – emoji® brand and RECUR have partnered to bring the beloved icons to Web3. emojis are omnipresent in today’s world, and this partnership with RECUR will take the brand to even greater heights
✉️ Bitrue introduces ETH PoW token ahead of Merge upgrade
Bitrue would be providing users with an Ethereum Proof of Work token ahead of the upcoming Merge upgrade of Ethereum. Users can claim and trade this token for free with the condition that they are holding the ETH asset.
✉️ Dfyn Adopts RFQ Pricing Model to Build One-Stop Solution for Investing and Trading Needs
SINGAPORE, August 16, Dfyn, a multi-chain decentralized exchange network, has launched request-for-quote (RFQ) orders. The project is building a suite of investing-related products including options, futures, and perpetuals.
Funding
đź’°Injective Protocol Raises $40M to Expand Ecosystem
Blockchain platform Injective Protocol has successfully raised $40 million from a funding round led by Jump Crypto. Also joining in was BH Digital, the cryptocurrency initiative of famous hedge fund manager Alan Howard.
đź’°Blockchain Protocol Algorand Leads $22M Investment Round in Tokenization Firm Koibanx
The investment round was led by blockchain protocol Algorand Inc. and included the participation of Borderless Capital, Kalonia Venture Partners, G2 and Innogen Capital, among others.
đź’°Crypto Investing Giant Paradigm Leads $20M Round for Fractional NFT Protocol
Fractional, a protocol that enables collective ownership and governance of NFTs, is rebranding as Tessera, and it also revealed a $20 million funding round led by crypto-native investment giant Paradigm.
💰Rocketplace Raises $9M in Seed Funding to Build “Fidelity for Crypto”
Launchpad Capital led Rocketplace’s seed round, with participation from TTV, Accomplice, Menlo Ventures and Soma Capital. Accomplice led its pre-seed round.
đź’°MatchboxDAO Raises $7.5M to Build Out On-Chain Gaming on StarkNet
The funding round was backed by prominent blockchain investors, including Starkware, Geometry Research, ReadyPlayerDAO, Neon DAO, Road Capital, Formless Gamma, and Bonfire Union.
đź’°GitPOAP Raises Over $4.2 Million USD in Seed Funding To Memorialize Professional Contributions and Accomplishments As Blockchain-based Badges
The round was co-led by Inflection.xyz and Libertus Capital and saw participation from major players including Avalanche VC, Protocol Labs, and, POAP.
đź’°Digital Currency Group and Node Capital Lead $5M Fundraise for Blockchain Security Firm dWallet Labs
Other participants included Amplify Partners, Lightshift Capital, Liquid2 Ventures, Collider Ventures, Lemnsicap, Heroic Ventures, Impatient Ventures, Zero Knowledge, among others.