NFTgators 🐊 News 📰

Web3 AI Platform Eidon Raises $3.5M Seed Round Led by Framework Ventures

The company plans to use the fresh capital to expand its team and lay down the foundation for building a decentralised AI network.

https://www.nftgators.com/web3-ai-platform-eidon-raises-3-5m-seed-round-led-by-framework-ventures/

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Animoca Brands Secures $10M Additional Funding for the Mocaverse Project

The fundraising was structured as a single agreement for future equity (SAFE) with a free-attaching utility token warrant on a 1:1 dollar basis.

https://www.nftgators.com/animoca-brands-secures-10m-additional-funding-for-the-mocaverse-project/

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Hack VC and Symbolic Capital Co-Lead $6.5M Seed for TON Network Extension TAC

The funds will be used to accelerate the development of the extension as it seeks to connect EVM applications across gaming, DeFi and RWAs.

https://www.nftgators.com/hack-vc-and-symbolic-capital-co-lead-6-5m-seed-for-ton-network-extension-tac/

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Amply Finance on Cronos zkEVM Surges 300% to $20M TVL

Amply Finance surged 300% to reach $20M in TVL on Cronos zkEVM, setting a new platform record.

https://www.nftgators.com/amply-finance-on-cronos-zkevm-surges-300-to-20m-tvl/

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Binance Labs Adds BIO Protocol to Portfolio in Its First Foray to DeSci Sector

The descentralised science project wants to use blockchain technology to organise fundraisings and commercialisation of early-stage scientific research.

https://www.nftgators.com/binance-labs-adds-bio-protocol-to-portfolio-in-its-first-foray-to-desci-sector/

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Decentralised AI Startup Pond Secures $7.5M Seed Round Led by Archetype

The company plans to use the funds to advance its AI platform including adding DeFi risk management and insider trading detection features.

https://www.nftgators.com/decentralised-ai-startup-pond-secures-7-5m-seed-round-led-by-archetype/

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Decentralised AI Startup Pond Secures $7.5M Seed Round Led by Archetype

The company plans to use the funds to advance its AI platform including adding DeFi risk management and insider trading detection features.

https://www.nftgators.com/decentralised-ai-startup-pond-secures-7-5m-seed-round-led-by-archetype/

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Magic Labs and Polygon Launch New Cross-Chain Network Newton

Newton leverages Polygon’s AggLayer to enable developers to build cross-chain dApps that do not require users to keep different wallets.

https://www.nftgators.com/magic-labs-and-polygon-launch-new-cross-chain-network-newton/

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Avalon Labs Hits $1B Mark as BTC Price Sets New Record at $75k

Avalon Labs has hit the $1 billion milestone in TVL as Bitcoin surges to a record $75,000.

https://www.nftgators.com/avalon-labs-hits-1b-mark-as-btc-price-sets-new-record-at-75k/

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Vlayer Secures $10M Pre-seed to Build Verifiable Data Infrastructure on Ethereum

Dubbed “Solidity 2.0”, it introduces new functionality to Ethereum’s programming language, allowing developers to integrate real-world data into Ethereum smart contracts.

https://www.nftgators.com/vlayer-secures-10m-pre-seed-to-build-verifiable-data-infrastructure-on-ethereum/

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Michael Cahill: “The sector will continue to grow no matter who takes the oath in January”

In this Q&A, Michael Cahill, the founder and CEO of Douro Labs and contributor to Pyth Network weighs in on the upcoming U.S. election, the potential impact on crypto and how on-chain data can be transformative to the industry.

https://www.nftgators.com/michael-cahill-the-sector-will-continue-to-grow-no-matter-who-takes-the-oath-in-january/

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Agni DEX on Mantle Surges to Record $171M TVL Amid cmETH Launch

Agni DEX on Mantle has set a new record of $171 million in TVL, driven by the latest launch of cmETH.

https://www.nftgators.com/agni-dex-on-mantle-surges-to-record-171m-tvl-amid-cmeth-launch/

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Robert Wesley: “We can make any reward a universal reward that can be instantly redeemed across any connected brand.”

In this Q&A, Robert Wesley, the founder and CEO of My AI and co-founder at Me Protocol tells us how blockchain technology can bring sustainable utility to loyalty programs by unlocking liquidity with an open trustless and frictionless rewards marketplace.

https://www.nftgators.com/robert-wesley-we-can-make-any-reward-a-universal-reward-that-can-be-instantly-redeemed-across-any-connected-brand/

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Ellipsis Labs Bags $20M from Haun Ventures for Its Verifiable Finance Blockchain Project Atlas

The company raised $21 million in total for the funding round with an additional $1 million coming from other investors.

https://www.nftgators.com/ellipsis-labs-bags-20m-from-haun-ventures-for-its-verifiable-finance-blockchain-project-atlas/

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VCs Pump More Money Into DePINs as Glow Seeks to ‘Power the Planet with 100% Renewable Energy’

Glow Labs has raised $30 million with $23.5 million set aside for the expansion of solar farms in India.

https://www.nftgators.com/vcs-pump-more-money-into-depins-as-glow-seeks-to-power-the-planet-with-100-renewable-energy/

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VCs Pump More Money Into DePINs as Glow Seeks to ‘Power the Planet with 100% Renewable Energy’

Glow Labs has raised $30 million with $23.5 million set aside for the expansion of solar farms in India.

https://www.nftgators.com/vcs-pump-more-money-into-depins-as-glow-seeks-to-power-the-planet-with-100-renewable-energy/

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Axal Launches Autonomous Trading Agent with $2.5M Pre-Seed Led By CMT Digital

CMT Digital led the round with participation from Escape Velocity, IDG Vietnam, Artichoke Capital, Trident Digital and Blockchain Builders Fund among others.

https://www.nftgators.com/axal-launches-autonomous-trading-agent-with-2-5m-pre-seed-led-by-cmt-digital/

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Franklin Templeton Expands Its Tokenised Money Market Fund to Base

The OnChain U.S. Government Money Market Fund (FOBXX) is now available on six blockchain networks.

https://www.nftgators.com/franklin-templeton-expands-its-tokenised-money-market-fund-to-base/

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Spire Labs Ramps Up the Development of Its Ethereum Scaling Infrastructure with $7M Seed Round

The Web3 company is building Based Stack, a rollup framework that helps developers deploy app-specific chains on Ethereum.

https://www.nftgators.com/spire-labs-ramps-up-the-development-of-its-ethereum-scaling-infrastructure-with-7m-seed-round/

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Taiko L2 Soars to $35M TVL, Driven by Panko DEX and TakoTako

Taiko’s TVL tripled to $35 million this week, driveb by its main DEX, Panko Finance, and lending app, TakoTako.

https://www.nftgators.com/taiko-l2-soars-to-35m-tvl-driven-by-panko-dex-and-takotako/

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