Virtual world project The Sandbox announced its metaverse accelerator program that will push the development of the open metaverse by investing $50 million in startups. The Animoca Brands subsidiary is partnering with the venture accelerator firm Brinc to target 30 to 40 blockchain startups a year for the program.The Sandbox Metaverse Accelerator Program will allocate up to … [Read more...] about The Sandbox announces $50M fund for its startup accelerator program
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The Graph, the 'Google of Blockchains,' Raises $50M in Round Led by Tiger Global
The Graph, a startup that likens itself to Google, but for indexing information that lives on blockchains, has raised $50 million in a funding round that was led by Tiger Global Management.Blockwall Digital, Fenbushi Capital, FinTech Collective and Reciprocal Ventures also participated in the round, which was announced Thursday.A large amount of connective tissue is needed to … [Read more...] about The Graph, the 'Google of Blockchains,' Raises $50M in Round Led by Tiger Global
Ex-ConsenSys Ventures Head Kavita Gupta Raising Over $50M for New Fund
Daniel Novy, another ex-ConsenSys employee who has been in the crypto industry since 2010, will support Gupta as a venture partner. Vince Molinari, former CEO of Templum Markets, will support Gupta and Novy on regulatory issues, “bridging the gap of regulatory understanding at a very early stage, which is unique to pre-seed or seed stage funds,” Gupta said. Source link … [Read more...] about Ex-ConsenSys Ventures Head Kavita Gupta Raising Over $50M for New Fund
Crypto Browser Brave Passes 50M Monthly Active Users
Crypto-centric browser firm Brave announced it had passed 50 million monthly active users, doubling growth on a year-over-year basis for the fifth year in a row. Daily active users averaged 15.5 million during December.Brave Search, the privacy-preserving search engine launched last year, had 2.3 billion annualized queries. Other products launched in 2021 were crypto wallet … [Read more...] about Crypto Browser Brave Passes 50M Monthly Active Users
CoinFund, Franklin Templeton Back NFT Venture Studio Metaversal With $50M Raise
NFT venture studio Metaversal raised a $50 million Series A funding round led by CoinFund and Foxhaven, the company announced Tuesday.The non-fungible token firm says it will use the funding to grow its portfolio and support companies working toward building an open metaverse.NFT interest is back on the rise with projects like Bored Ape Yacht Club eclipsing $1 billion in … [Read more...] about CoinFund, Franklin Templeton Back NFT Venture Studio Metaversal With $50M Raise