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Ethereum and Solana Just Killed Venture Capital With Coinbase-Backed DAODAO

Retrieved on:

Wednesday, October 12, 2022

Bitcoin, USDC, Sequoia, Growth, Avalanche, Lead, Multimedia, LOS, Social media, MetaMask, USD, Cryptocurrency, Ethereum, Green Cross International, Solana, Polygon

LOS ANGELES, Oct. 12, 2022 /PRNewswire/ -- Today, the fundraising process for founders is highly-centralized, with a handful of elite venture capitalists controlling who gets funded.

Key Points:

Founders can raise capital with any currency, including fiat cash, Bitcoin, Ethereum, Solana, DeSo, and USDC, and cash out directly to USDC.
LOS ANGELES, Oct. 12, 2022 /PRNewswire/ -- Today, the fundraising process for founders is highly-centralized, with a handful of elite venture capitalists controlling who gets funded.
DAODAO allows any Bitcoin, Ethereum, or Solana user to invest in promising founders before they go to pitch venture capitalists.
"It costs about $75 to store a 200-character Tweet on Ethereum and about fifteen cents to store it on Solana, Avalanche, or Polygon.

Coinbase-Backed DeSo Disrupts Telegram, WhatsApp, and Signal

Retrieved on:

Tuesday, October 11, 2022

Apps like Diamond , a Decentralized Twitter app that launched recently , are launching decentralized encrypted group chats on DeSo in the coming weeks.

Key Points:

Apps like Diamond , a Decentralized Twitter app that launched recently , are launching decentralized encrypted group chats on DeSo in the coming weeks.
Diamond already supports end-to-end encrypted on-chain direct messages, which DeSo has featured since early 2021.
DeSo is the only blockchain that could support something like this today, says Nader Al-Naji , the creator of DeSo.
$DESO, the native currency of the DeSo blockchain, is listed on Coinbase.

Coinbase-Backed DeSo Challenges Telegram and Signal With Decentralized Messaging

Retrieved on:

Tuesday, October 11, 2022

LOS ANGELES , Oct. 11, 2022 /PRNewswire/ -- Today, the DeSo blockchain brings Bitcoin's pseudonymity and censorship-resistance to messaging with the launch of decentralized, end-to-end encrypted on-chain direct messages and group chats.

Key Points:

DeSo is the only blockchain that supports seamless end-to-end encrypted on-chain messaging today, and the extension to group chats is a first-of-its-kind breakthrough.
LOS ANGELES, Oct. 11, 2022 /PRNewswire/ --Today, the DeSo blockchain brings Bitcoin's pseudonymity and censorship-resistance to messaging with the launch of decentralized, end-to-end encrypted on-chain direct messages and group chats.
"DeSo is the only blockchain that could support something like this today," says Nader Al-Naji, the creator of DeSo.
Additionally, most accessing the database of current messaging apps can get full information about who you're messaging and when.

BAYC NFT Worth $137k Won In Life-Changing MetaWin Web3 Competition

Retrieved on:

Tuesday, October 11, 2022

Lucky Web3 user SUPER has won the life-changing NFT prize BAYC #7159 , worth an eye-watering $137,000, all thanks to innovative tech company MetaWin.

Key Points:

Lucky Web3 user SUPER has won the life-changing NFT prize BAYC #7159 , worth an eye-watering $137,000, all thanks to innovative tech company MetaWin.
View the full release here: https://www.businesswire.com/news/home/20221011005674/en/
The BAYC, which is worth enough to buy a luxury car or a house, is the biggest prize that has ever been dropped on MetaWins competition platform, MetaWin.com .
MetaWin purchased the NFT back in March of this year, and it has risen in price on OpenSea dramatically since it was first created.
Now that BAYC #7159 has dropped, MetaWin has officially handed out over 400ETH in prizes to lucky participants from across the globe.

PolkaFoundry Rebrands as Firebird - Game-Dedicated, Web2-Friendly, High-Performance Blockchain

Retrieved on:

Monday, October 10, 2022

The web2-friendly blockchain is expanding its mission and technology scope as Firebird, to develop a stand-alone chain built with the Cosmos SDK designed specifically for blockchain games and metaverse.

Key Points:

The web2-friendly blockchain is expanding its mission and technology scope as Firebird, to develop a stand-alone chain built with the Cosmos SDK designed specifically for blockchain games and metaverse.
Icetea Labs, Parent Corporation to Firebird (formerly known as PolkaFoundry), commenced building the Layer-1 blockchain more than 3 years ago.
Firebird will support blockchain games and metaverse projects in the long term to provide attractive games and the greatest user experience.
The Firebird team (previously the PolkaFoundry team) will always strive to work in the best interest of Firebird and its amazing community and users.

Primex Finance Launches Its Beta Version, Letting Users Experience Its Cross-DEX Trading Features

Retrieved on:

Monday, October 10, 2022

Primex Finance , the first-ever cross-chain prime brokerage protocol, launches the Primex Beta on the Ethereum Goerli testnet.

Key Points:

Primex Finance , the first-ever cross-chain prime brokerage protocol, launches the Primex Beta on the Ethereum Goerli testnet.
The Beta version allows users to experiment with the protocols cross-DEX spot margin trading.
With the Beta launch, Primex also introduces the new Referral Program for early users, offering benefits to early registrants and referral-based rewards.
Ukrainian-led Primex Finance is the cross-chain prime brokerage liquidity protocol for cross-DEX margin trading with trader scoring mechanisms.

Blockchain twitter app launches to bring Decentralized socials to the mases

Retrieved on:

Thursday, October 6, 2022

Diamond is the first product ever to enable all posts, profiles, social graphs, and content to be hosted on a decentralized censorship-resistant blockchain.

Key Points:

Diamond is the first product ever to enable all posts, profiles, social graphs, and content to be hosted on a decentralized censorship-resistant blockchain.
I have an idea for a blockchain social media system that does both payments and short text messages/links like Twitter.
However, Musk may not need to create a decentralized Twitter alternative thanks to the launch of Diamond, a Web3 social app powered by the DeSo blockchain.
Diamond is the first platform ever to host its content and social graph on a decentralized blockchain.

MMPRO Partners with Gate.io to Implement Unique Way to Use NFT as a Startup Panel Tool

Retrieved on:

Wednesday, October 5, 2022

Kraken, GLOBE, MetaMask, NFT, Ownership, Gate, ETH, Ledger, Market, Cryptocurrency, Security (finance)

NEW YORK, NY, Oct. 05, 2022 (GLOBE NEWSWIRE) -- MMPRO (Market Making Pro) together with Gate.io implements one of the unique ways to use NFT as a startup panel tool.

Key Points:

NEW YORK, NY, Oct. 05, 2022 (GLOBE NEWSWIRE) -- MMPRO (Market Making Pro) together with Gate.io implements one of the unique ways to use NFT as a startup panel tool.
Market Making Pro dates back to 2016, since then more than 500 companies have become clients, and the capitalization of projects under Marketmaking.pro management exceeded 10 billion dollars.
They have a great opportunity to launch a special collection at Gate NFT Box, which will include Metamask, Bitpay, Kraken, Opensea, Ledger, etc.
Gate together with MMPRO will be the first exchange in the world to sell companies' stocks via NFT.

Circle and Industry Leaders Have Built the First Decentralized Identity Proof-of-Concept for Crypto Finance using Verite Credentials

Retrieved on:

Tuesday, October 4, 2022

BOSTON, Oct. 4, 2022 /PRNewswire/ -- Together with Archblock, the team behind the TrueFi protocol, MetaMask Institutional and Parallel Markets, Circle Internet Financial has built the first proof-of-concept for "know your business" (KYB) verification using Verite for decentralized digital identity credentials.

Key Points:

Circle intends to issue KYB credentials free of charge to its customers and accredited institutions.
We are excited to partner with Circle, Verite, and TrueFi to explore ways for businesses to more seamlessly interact within Web3."
"Working with Circle to leverage the Verite credential provides critical infrastructure needed to guide Institutions into the decentralized world with confidence.
Circle joined other crypto and blockchain companies in February 2022 to introduce Verite as a open-source framework for decentralized identity credential issuance, custody and verification.

Chainwire: DeSo is Elon Musk and Jack Dorsey’s Answer for Decentralized Social Blockchain

Retrieved on:

Monday, October 3, 2022

Jack Dorsey and Elon Musk's Messages call for a decentralized social media blockchain: DeSo could be the answer.

Key Points:

Jack Dorsey and Elon Musk's Messages call for a decentralized social media blockchain: DeSo could be the answer.
We can solve this problem by decentralizing social media and storing all content on a blockchain.
The roadmap release comes as new messages emerge between Elon Musk and Jack Dorsey, showing his idea for a blockchain-based social media protocol that does payments and short text messages.
DeSo is a new layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy applications to billions of users.