In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem while clarifying the concerns raised by other members of the crypto community over the past year.“We live in a world where arbitrary groups of people get to be fact-checkers and decide what's legitimate,” said Hoskinson while speaking about the government’s perception of … [Read more...] about VCs don’t understand that Cardano has a community: Charles Hoskinson
VCs
Crypto VCs Are Making a Big Bet on Gaming Guilds. Why?
Not surprisingly, YGG, GuildFi and Merit Circle – some of this year’s more successful crypto guilds – all have their own tokens. But even the most valued among them, YGG, has a market capitalization of $461 million, according to CoinGecko, far from the value of gaming-sector darlings AXS ($6.6 billion) or MANA ($4.4 billion). Source link … [Read more...] about Crypto VCs Are Making a Big Bet on Gaming Guilds. Why?
Assembly Blockchain Receives $100M Investment From VCs, Crypto Market-Maker: Report
A group of the largest Asia-based venture capital firms and crypto hedge funds are headlining a $100 million investment to further the development of the Assembly blockchain under the IOTA network, IOTA cofounder Dominik Schiener told Reuters in an interview. Source link … [Read more...] about Assembly Blockchain Receives $100M Investment From VCs, Crypto Market-Maker: Report
VCs in Talks to Invest $50-$150M in Polygon: Report
A group of venture capital (VC) investors are in talks to back Ethereum scaler Polygon with an investment of $50 million - $150 million, according to a report from TechCrunch on Monday.Sequoia Capital India and Steadview Capital are looking to make said investment through the purchase of MATIC tokens, the native coin of the Polygon network, TechCrunch reported, citing sources … [Read more...] about VCs in Talks to Invest $50-$150M in Polygon: Report
VCs Back ‘Pawn Shop of the Metaverse’ With $3M Raise
As visions of a popularized metaverse race towards reality, venture capital firms are backing companies that offer lending and leasing services for digitally owned assets.The latest company looking to enter this futuristic market is Pawnfi, an alternative asset-lender that just raised $3 million in a funding round led by Digital Currency Group and joined by non-fungible token … [Read more...] about VCs Back ‘Pawn Shop of the Metaverse’ With $3M Raise