ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle
Web3 developer ConsenSys has cast 7.03 million UNI votes in favor of Uniswap v3 deploying on BNB Chain. Go to Source Powered by WPeMatico
a16z
Auto Added by WPeMatico
Decentralized Web3 Protocol Golden Raises $40 Million Backed by A16z
Golden, a startup that seeks to build a decentralized data hub, has raised $40 million dollars in a Series B funding round. The round, which was led by a16z crypto, will allow the company to keep building its concept, which revolves around combining data submission and validation with Web3-based token incentives. Golden Raises $40 Million … Read more
Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys
Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,” in which it will also implement play-to-earn features and issue its own tokens. Cryptoys … Read more
A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This fourth crypto fund from the firm, which will launch with a budget of $4.5 billion dollars, is set to focus on several key fields in … Read more
WeWork founder reinvents himself with $70M crypto carbon credit platform
Coworking space founder and billionaire Adam Neumann is trying his hand in the crypto space, raising $70 million for his blockchain-powered climate tech platform Flowcarbon. Go to Source Powered by WPeMatico
A16z Launches $600 Million Web3 Gaming Focused Fund
A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming and consumers, and infrastructure. This move complements … Read more
$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M
“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse. Go to Source Powered by WPeMatico
Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX
Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC names in the crypto space like a16z, also had the participation of Pantera Capital and FTX Ventures. Kevin Lin, CEO of the company and co-founder … Read more
Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto Report
“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated. Go to Source Powered by WPeMatico
David Marcus Launches Bitcoin Payments Startup Lightspark
David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as CEO, also features some of Meta’s former employees and will explore the possibilities of using the layer 2 Lightning Network (LN) as a … Read more