Burnt Finance, a protocol built on Solana, has raised $8 million in a funding round led by Animoca Brands. It also launched its non-fungible token (NFT) platform.The capital will go toward adding staff and exploring partnerships with artists and other Solana-based projects.Burnt Finance, known for burning a piece of artwork from street artist Banksy before selling a digitized … [Read more...] about Animoca Brands Leads $8M Fundraising Round for NFT Platform Built on Solana
Neufund was a security token company that wanted anyone in the world to invest in any businesses they want.For decades, investing has been exclusive, inaccessible and unequal. This has contributed to the growing wealth disparity in Europe and the U.S. We wanted to change that.Today we’re closing Neufund, despite it being successful.Zoe Adamovicz has co-founded multiple … [Read more...] about Why We’re Shutting Our Successful Fundraising Platform
This episode is sponsored by NYDIG.Download this episodeOn this week’s “Long Read’s Sunday,” NLW looks at DAOs and their benefits over traditional fundraising, reading:“DAOs and the Next Crowdfunding Gold Rush” by Will Gottsegen“What Kickstarter Going Decentralized Means for Web 3″ by Daniel Kuhn“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, … [Read more...] about Can DAOs Be a 10X Improvement for Fundraising?
This episode is sponsored by NYDIG.Download this episodeFrom $400 million to a crypto exchange to $2.5 billion for the biggest crypto fund in history, NLW tells the story of this week’s big fundraising events by the numbers.See also: Polkadot Parachain Auctions: Acala Wins Neck-and-Neck Race With Moonbeam“The Breakdown” is written, produced by and features Nathaniel Whittemore … [Read more...] about What Billions of Dollars in Crypto Fundraising Says About the Bull Market
You have probably heard of Polkastarter (POLS), the decentralized finance project that provides users with a decentralized launchpad for crowdfunding. But what makes Polkastarter different from other ICO or IDO platforms, and why do projects launched on the platform show 20x+ returns even with relatively small volumes?It’s important to understand the market dynamics for that. … [Read more...] about Understanding the hype behind Polkastarter, the latest fundraising craze in crypto