Krust

ZetaChain Raises $27M for Interoperable Layer-1 Blockchain That Connects All Chains, Including Bitcoin, Cosmos, and Ethereum

Retrieved on: 
Thursday, August 17, 2023

SAN FRANCISCO, Aug. 17, 2023 /PRNewswire/ -- ZetaChain, the layer-one blockchain that brings universal interoperability to crypto, has closed a $27 million equity funding round from a range of top participants. The participants in the equity round include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, Krust, and others.

Key Points: 
  • ZetaChain started in 2021 and has close to 150 contributors from all over the world.
  • ZetaChain's Ethereum Virtual Machine compatible smart contract layer and omnichain toolkit empower developers to seamlessly implement Bitcoin smart contracts.
  • These represent a diverse range of third-party decentralized applications, including cross-chain DeFi, NFTs, universal web3 social, identity, and gaming protocols.
  • Instead, ZetaChain operates as a transparent Proof-of-Stake blockchain, ensuring complete transparency, verifiability, and trust-minimized functionality for all transactions and activities, including cross-chain transactions.

ZetaChain Raises $27M for Interoperable Layer-1 Blockchain That Connects All Chains, Including Bitcoin, Cosmos, and Ethereum

Retrieved on: 
Thursday, August 17, 2023

SAN FRANCISCO, Aug. 17, 2023 /PRNewswire/ -- ZetaChain, the layer-one blockchain that brings universal interoperability to crypto, has closed a $27 million equity funding round from a range of top participants. The participants in the equity round include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, Krust, and others.

Key Points: 
  • ZetaChain started in 2021 and has close to 150 contributors from all over the world.
  • ZetaChain's Ethereum Virtual Machine compatible smart contract layer and omnichain toolkit empower developers to seamlessly implement Bitcoin smart contracts.
  • These represent a diverse range of third-party decentralized applications, including cross-chain DeFi, NFTs, universal web3 social, identity, and gaming protocols.
  • Instead, ZetaChain operates as a transparent Proof-of-Stake blockchain, ensuring complete transparency, verifiability, and trust-minimized functionality for all transactions and activities, including cross-chain transactions.

Fellaz Named Official Partner of the NBA Japan Games 2022 Presented by Rakuten & Nissan and Presenting Partner of the Game 2 Halftime Show

Retrieved on: 
Wednesday, September 28, 2022

SINGAPORE, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Fellaz, a next-generation entertainment platform, announced its official partnership with Rakuten that will make Fellaz an Official Partner of The NBA Japan Games 2022 Presented by Rakuten & Nissan and the Presenting Partner of the Game 2 Halftime Show.

Key Points: 
  • SINGAPORE, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Fellaz, a next-generation entertainment platform, announced its official partnership with Rakuten that will make Fellaz an Official Partner of The NBA Japan Games 2022 Presented by Rakuten & Nissan and the Presenting Partner of the Game 2 Halftime Show.
  • The partnership with Rakuten is a formidable accomplishment following Fellaz's participation as an official sponsor of the World University Basketball Series also held in Tokyo last month.
  • Rahul Kadavakolu, Vice President of Rakuten's Global Sports Business, commented, "I am thrilled at this opportunity to expand our partnership with Fellaz to incorporate cutting-edge, fan-centered entertainment into the NBA Japan Games 2022.
  • The partnership between Fellaz and Rakuten, and the successful experience of presenting for the Game 2 Halftime Show of NBA Japan Games 2022 will prove foundational as we continue to pursue our vision of innovating the entertainment industry and the way it is experienced."

Web3 Game Platform Iskra Raises $40M, Partners with Gate.io for Token Generation Event

Retrieved on: 
Thursday, September 22, 2022

SINGAPORE, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Iskra, a web3 community game platform that raised $40M from Korean tech giants Krust, Wemade, Netmarble, LINE Studio and others, plans to hold its first Token Generation Event (TGE) on global exchange Gate.io.

Key Points: 
  • SINGAPORE, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Iskra, a web3 community game platform that raised $40M from Korean tech giants Krust, Wemade, Netmarble, LINE Studio and others, plans to hold its first Token Generation Event (TGE) on global exchange Gate.io.
  • Despite challenging market conditions, Iskra continues to move forward with its development milestones and launch major components of its platform.
  • ISKRA 's community-forward system aligns the interests of the community by rewarding its stakeholders based on their participation, while integrating sustainable tokenomic solutions for game developers that join its platform.
  • Additionally, Gate.io is listed in the Best Crypto Exchanges for 2021 with a rating of 4.5 by Forbes Advisor.

Hype Labs Announces The Successful Launch of Hype Night, A Korea Blockchain Week After-Party Co-Hosted With Huobi Global

Retrieved on: 
Friday, August 19, 2022

Hype Labs Announces The Successful Launch of Hype Night, A Korea Blockchain Week After-Party Co-Hosted With Huobi Global

Key Points: 
  • Hype Labs Announces The Successful Launch of Hype Night, A Korea Blockchain Week After-Party Co-Hosted With Huobi Global
    Hype Labs Announces The Successful Launch of Hype Night, A Korea Blockchain Week After-Party Co-Hosted With Huobi Global
    [SINGAPORE] August 18, 2022Hype Labs, a web3 company builder and venture capital, hosted its opening event after the first day of Korea Blockchain Week, an event with over 7,000 registered attendees and 120 speakers from around the world.
  • Co-hosted with one of the largest cryptocurrency exchanges, Huobi, Hype Labs held Hype Night to celebrate its commitment to discovering, funding, and accelerating bold entrepreneurs looking to disrupt the current web2 landscape.
  • Hype Night was held at a recently renovated venue, Daily Cheongdam, one of the trendiest lounge bars in Seoul.
  • In the near future, Hype Labs plans to expand their fund and build an accelerator program for web3 companies and entrepreneurs.

Klaytn Foundation launches Web3 hackathon, with over US$1 million in prizes and grant opportunities!

Retrieved on: 
Wednesday, August 10, 2022

There are five tracks that participants can select from:

Key Points: 
  • There are five tracks that participants can select from:
    The Klaytn Core+ track- for developers who are interested in driving improvement and building toolings on Klaytn core protocol.
  • Klaytn Foundation is a non-profit organization that was established to accelerate global adoption and ecosystem maturity on Klaytn.
  • The foundation manages the US$500m Klaytn Growth Fund and operates alongside Krust, a subsidiary of internet giant Kakao Corp that invests in projects built on Klaytn.
  • DoraHacks provides key infrastructuresconnecting developers with grants and other crucial resources from leading Web3 ecosystems like Binance, Solana, Polygon, Klaytn.

Klaytn Foundation: Building the Technology Layer for Tomorrow's Metaverse

Retrieved on: 
Tuesday, August 9, 2022

Speaking on the mainstage on 8 August, Dr Sangmin Seo touched on the topic of "The Technology Layer for Tomorrow's Metaverse".

Key Points: 
  • Speaking on the mainstage on 8 August, Dr Sangmin Seo touched on the topic of "The Technology Layer for Tomorrow's Metaverse".
  • Through his presentation, Dr Seo shared insights on the challenges in building the technology layer, and how Klaytn is working towards the metaverse blockchain for all.
  • Where metaverse intersects with blockchain technology, it will allow individuals to own assets in the metaverse, including their own data and digital identity.
  • With those goals in mind, Klaytn Foundation had announced the Klaytn 2.0 roadmap at the beginning of 2022, to turn metaverse blockchain into reality.

Klaytn Protocol KLAP to Launch KLAP Token to Power DeFi Lending

Retrieved on: 
Tuesday, July 26, 2022

Seoul, South Korea | July 25, 2022 10:00 PM, Eastern

Key Points: 
  • Seoul, South Korea | July 25, 2022 10:00 PM, Eastern
    KLAP (Klaytn Lending Application), a DeFi protocol operating on the Klaytn blockchain, is set to launch its native token.
  • The KLAP token will power a range of use cases within the protocols growing ecosystem.
  • The Klap team said: We are truly excited to allow the KLAP token to gain utility within our system and provide additional functionality for users after our protocol launch.
  • KLAP (Klaytn Lending Application) is a decentralized non-custodial liquidity market protocol where users can participate as depositors or borrowers.

Fellaz Paves the Way for Web3 Entertainment Platform for Major Kpop Artists, Influencers, and Fans

Retrieved on: 
Wednesday, July 20, 2022

Fellaz Paves the Way for Web3 Entertainment Platform for Major Kpop Artists, Influencers, and Fans

Key Points: 
  • Fellaz Paves the Way for Web3 Entertainment Platform for Major Kpop Artists, Influencers, and Fans
    Fellaz Paves the Way for Web3 Entertainment Platform for Major Kpop Artists, Influencers, and Fans
    Fellaz, a multi-chain Web3 entertainment ecosystem, announces the upcoming launch of their social media platform for artists and their fanbases.
  • The event also showcased Uptown Boy, an original song co-produced by Fantagio and performed by Miu, Fellazs first metaverse-native K-pop idol.
  • Fellaz has the ambitious mission of defining and paving the way for a Web3 entertainment ecosystem.
  • The project will help users from the entertainment industry transition from Web2 to Web3 through a Web3-native infrastructure.

Planetarium Labs Raises $32M in Series A Funding Led by Animoca Brands

Retrieved on: 
Thursday, July 7, 2022

Planetarium Labs aims to become a pioneer of open-source, decentralized blockchain games that operate on networks powered by the players.

Key Points: 
  • Planetarium Labs aims to become a pioneer of open-source, decentralized blockchain games that operate on networks powered by the players.
  • Boasting a community of more than 300,000 players, Nine Chronicles has earned the support of Animoca Brands, Binance Labs, Ubisoft, and The Sandbox.
  • In addition to bringing in fresh capital, the investment round highlights the powerful and strategic backing that Planetarium Labs has attracted.
  • Planetarium Labs is a community driven Web3 game company focused on delivering the future of entertainment through decentralized content and technologies.