Double Peak

Root Protocol Raises $10 Million at $100M Valuation to Build a User-based Operating System and Mission Control for Web3

Retrieved on: 
Wednesday, January 24, 2024
Ankr Network, Stanford University, Architecture, Polygon, Root, Animoca Brands, Morgan Stanley, MIT, DID, DCG, UX, Superuser, UI, DIDS, Adviser, CoinDesk, Internet, Double Peak, Cryptocurrency

The founding team members, collaborators and advisors of Root Protocol are from Consensys, Bankless Ventures, Ontology, Polygon, CoinShares, Morgan Stanley, DCG, Stanford University and MIT, and are a group of longtime crypto and Web3 builders and enthusiasts.

Key Points: 
  • The founding team members, collaborators and advisors of Root Protocol are from Consensys, Bankless Ventures, Ontology, Polygon, CoinShares, Morgan Stanley, DCG, Stanford University and MIT, and are a group of longtime crypto and Web3 builders and enthusiasts.
  • Root Protocol is the root of Web3.
  • Root Protocol raising a healthy sum at the seed stage may then be a sign that things have changed."
  • It consists of four main components, including the Root Operation Executor, Root Chain (Rollup), Root Account, and Root Indexer, all of which operate together to facilitate effortless interoperability, scalability, and composability.

Former EA & Unity Studios Execs Move Hyper-Royale Mobile Battler Rooniverse to ImmutableX

Retrieved on: 
Monday, February 13, 2023
Ethereum, Spectre, EA, PC, Organization, Immutable object, IPS, L2, Stardust, PvP, Hedgehog, The Elder Scrolls, UGC, Mac, Palau, Blockchain, Global Esports Federation, Double Peak, Weapon, Partnership, Criterion, YGG, IOS, AAA, NFT, Android, Video game, Cryptocurrency

SYDNEY, Feb. 13, 2023 /PRNewswire/ -- XP Foundry, a web3 game development studio, today announces that it is migrating on-chain assets of its free-to-play (F2P) mobile game Rooniverse to ImmutableX - the dedicated platform for building and scaling web3 games from leading web3 gaming company Immutable.

Key Points: 
  • "We are extremely excited that XP Foundry and its debut web3 title Rooniverse are joining the ever-growing ImmutableX family," said Andrew Sorokovsky, VP of Global Business Development at Immutable.
  • Rooniverse is a F2P hyper-royale mobile game featuring cute and savage creatures battling in PvP game modes.
  • The studio's co-CEO and game director James Finley is a former director of technology at Unity Studios with over 15 years of experience in game direction.
  • Additionally, executive producer, James Chung, is a former art director at EA and worked on the original Call of Duty team.

Double Peak Group Founder Undeterred by Economic Woes and Insolvency Crises, Maintains Belief in Blockchain's Potential

Retrieved on: 
Thursday, December 8, 2022
Blockchain, Social media, DELF, Stardust, Financial technology, Animoca Brands, Galaxy Digital, Tony F. Chan, Decentralized finance, Growth, PricewaterhouseCoopers, Pantera, Sequoia, Philosophy, HKUST, Double Peak, Organization, Cryptocurrency, Tencent, Naspers

HONG KONG, Dec. 8, 2022 /PRNewswire/ -- Galen Law-Kun, the founder of Hong Kong-based family office Double Peak Group, remains confident in the potential of blockchain technology despite uncertain global economic conditions.

Key Points: 
  • HONG KONG, Dec. 8, 2022 /PRNewswire/ -- Galen Law-Kun, the founder of Hong Kong-based family office Double Peak Group, remains confident in the potential of blockchain technology despite uncertain global economic conditions.
  • "I continue to see a great deal of potential in blockchain, especially for mobile gaming, SocialFi, and DeFi," notes Mr. Law-Kun.
  • This discussion led to Mr. Law-Kun developing his passion for blockchain and ultimately the founding of Double Peak.
  • Double Peak Group is a family office that specializes in investing in blockchain and web3 technology companies.

Double Peak Group Founder Undeterred by Economic Woes and Insolvency Crises, Maintains Belief in Blockchain's Potential

Retrieved on: 
Thursday, December 8, 2022
Blockchain, Social media, DELF, Stardust, Financial technology, Animoca Brands, Galaxy Digital, Tony F. Chan, Decentralized finance, Growth, Multimedia, PricewaterhouseCoopers, Pantera, Sequoia, Philosophy, HKUST, Double Peak, Organization, Cryptocurrency, Tencent, Naspers

HONG KONG, Dec. 8, 2022 /PRNewswire/ -- Galen Law-Kun, the founder of Hong Kong-based family office Double Peak Group, remains confident in the potential of blockchain technology despite uncertain global economic conditions.

Key Points: 
  • HONG KONG, Dec. 8, 2022 /PRNewswire/ -- Galen Law-Kun, the founder of Hong Kong-based family office Double Peak Group, remains confident in the potential of blockchain technology despite uncertain global economic conditions.
  • "I continue to see a great deal of potential in blockchain, especially for mobile gaming, SocialFi, and DeFi," notes Mr. Law-Kun.
  • This discussion led to Mr. Law-Kun developing his passion for blockchain and ultimately the founding of Double Peak.
  • Double Peak Group is a family office that specializes in investing in blockchain and web3 technology companies.

Immutable Launches $500 Million Developer and Venture Investment Fund to Accelerate Adoption of Web3 Games and Projects

Retrieved on: 
Friday, June 17, 2022
Industry, IMX, Others, Carbon, Music, Temasek, Technology, Animoca Brands, GameStop, CEO, Riot Games, Double Peak, Knowledge, Non-fungible token, VEE, ESL, Growth, Marketing, Ecosystem, Investment, Digital world, Immutable object, Partnership, Digital collectible card game, IP, Tencent, PlanetQuest, TikTok, NFT, Cryptocurrency, Illuvium, Ethereum, Sport

SYDNEY , June 17, 2022 /PRNewswire/ -- Immutable, powering the next generation of web3 games as the leading carbon-neutral, scalable platform for trading NFTs on Ethereum, today announced the launch of its inaugural development fund, Immutable Ventures. The Immutable Developer and Venture Fund is dedicated to supporting web3 games and NFT-centric companies that build on Immutable X. The inaugural $500 million fund will accelerate the growth of the Immutable X protocol by allocating token grants and investments to the most promising games and projects building on the Immutable X platform.

Key Points: 
  • The Immutable Developer and Venture Fund is dedicated to supporting web3 games and NFT-centric companies that build on Immutable X.
  • The inaugural $500 million fund will accelerate the growth of the Immutable X protocol by allocating token grants and investments to the most promising games and projects building on the Immutable X platform.
  • The Immutable Developer and Venture Fund is now one of the world's largest crypto investment funds and will be providing investments and grants with a combination of $IMX, Immutable X's native token, and cash.
  • In addition, the company also is a developer and publisher of popular web3 projects, including Gods Unchained and Guild of Guardian.

Struct Finance Lands $3.9 Million to Build Structured Products on DeFi

Retrieved on: 
Monday, March 21, 2022
Crypto, EVM, Investment, Double Peak, Risk management, Avalanche, 2021 Essex County Council election, Ecosystem, Traction, Spark New Zealand, Nature, Antler, Security (finance), Decentralized finance

Tortola, British Virgin Islands--(Newsfile Corp. - March 21, 2022) - DeFi protocol Struct Finance announced the closure of a $3.9 million seed round to develop the tools that will allow the ecosystem to customize, compose, and invest in decentralized structured products.

Key Points: 
  • Tortola, British Virgin Islands--(Newsfile Corp. - March 21, 2022) - DeFi protocol Struct Finance announced the closure of a $3.9 million seed round to develop the tools that will allow the ecosystem to customize, compose, and invest in decentralized structured products.
  • Struct Finance will use this fresh injection of capital to build out the tools for institutions to easily customize their interest rate products and compose them with options to construct structured products that are better suited to the profiles of different investors.
  • With the emergence of derivatives in the crypto markets, structured products are a natural evolution for the space.
  • Struct Finance further expands the spectrum of on-chain structured products by offering users a way to customize interest rate instruments and compose them with options available in the ecosystem to construct superior financial products.

TINY REBEL GAMES CLOSES $7M ROUND FOR PETAVERSE NETWORK, BRINGING FURRY FAMILY MEMBERS TO THE METAVERSE

Retrieved on: 
Friday, March 4, 2022
Double Peak, Web3, Semantic Web, List of lines of miniatures, Software, Deutsche Telekom, TM, Innovate UK, Triangle Capital, Sensation, Venrock, Dog, Rockstar Games, A41, Creativity, XR, Pet, Cat, General partnership, Freedom, Wallace and Gromit, Innovation, City, Partnership, Qualcomm, PETS, Animoca Brands, VR, Video game, Cryptocurrency, Video game console, Online shopping, Sfermion

All join existing investors 1UP Ventures.The Petaverse Network combines games, XR, and Web 3.0 to define an open standard for digital pets in the metaverse.

Key Points: 
  • All join existing investors 1UP Ventures.The Petaverse Network combines games, XR, and Web 3.0 to define an open standard for digital pets in the metaverse.
  • Funds will be used to accelerate the deployment of pet companions and pet varieties across the metaverse, develop new games and experiences, and further hire key developer positions.
  • Petaverse Network will introduce cats in Q2 2022, as its first drop of pet companions, followed by dogs later this year.
  • The team creating the Petaverse Network has over 70 years of collective games, AR and VR development experience.

Aperture Raises $5.3M to Build a Cross-Chain DeFi Investment Ecosystem with a Marketplace for Strategies

Retrieved on: 
Thursday, February 10, 2022
Ethereum, Ecosystem, CEO, 2021 Essex County Council election, Social media, Amazon, Compound, EVM, Valley, Double Peak, AWS, Silicon, University of California, Berkeley, TechCrunch, Sale, Decentralized finance, Cornell University, Engineering, Research, Netflix, UC, Industry, Cryptocurrency, Retail, Google, Terra, Stanford University, Aperture

With a cross-chain marketplace for strategies and integrated bridge solutions, Aperture connects opportunities from various blockchain networks into one place and empowers investors with advanced strategies enabled by smart contracts.

Key Points: 
  • With a cross-chain marketplace for strategies and integrated bridge solutions, Aperture connects opportunities from various blockchain networks into one place and empowers investors with advanced strategies enabled by smart contracts.
  • "As DeFi continues to grow in a multi-chain environment, we expect the number of yield strategies to grow exponentially.
  • Aperture abstracts away the complexities around cross-chain yield strategies through a single interface and strategy marketplace.
  • We believe this layer of the DeFi stack will be incredibly important for new users and institutions looking to use DeFi.

With $12m Strategic Sale, Stader Labs Builds on Terra Success

Retrieved on: 
Thursday, January 20, 2022
Ethereum, Fantom, Financial technology, Amber, L1-norm principal component analysis, Lunax, POS, Stader, Decentralized finance, Solution, Blockchain.com, Ecosystem, Dapp, Double Peak, LUNA, GM, Sale, Traction, GoldenTree Asset Management, Organizational founder, Cryptocurrency, Accomplice, Terra, Polygon, Hedera

BANGALORE, India, Jan. 20, 2022 /PRNewswire-PRWeb/ -- Stader Labs has raised $12.5 million in a strategic private sale that values the company up to $450 million.

Key Points: 
  • BANGALORE, India, Jan. 20, 2022 /PRNewswire-PRWeb/ -- Stader Labs has raised $12.5 million in a strategic private sale that values the company up to $450 million.
  • Stader is a non-custodial, smart contract-based staking platform that helps retail and institutions conveniently discover and access staking solutions.
  • Stader previously raised $4 million from Pantera, Coinbase Ventures, Jump Capital, True Ventures, Hypersphere, Proof, Ledger Prime, Huobi Ventures, Solidity Ventures and Double Peak.
  • "We're excited to continually support Stader as a leading Terra ecosystem project and lynchpin of the next evolution of staking infrastructure."

HOFA Gallery's New Cryptocurrency Artem Coin Launches at $45 Million Before IDO and CEX Listing

Retrieved on: 
Thursday, December 16, 2021
Treasury, Ecosystem, ARTM, Spark New Zealand, Ownership, Growth, Sale, Double Peak, Entrepreneurship, IDO, Animoca Brands, CEX, HOL, GLOBE, UTC, NFT, Artem, Cryptocurrency

Participating investors included - Animoca Brands, Morningstar Ventures, Genblock Capital, LD Capital, Spark Digital, Shima Capital, Skyvision, ZBS Capital and Double Peak.

Key Points: 
  • Participating investors included - Animoca Brands, Morningstar Ventures, Genblock Capital, LD Capital, Spark Digital, Shima Capital, Skyvision, ZBS Capital and Double Peak.
  • The successful venture capital round shows the confidence professional investors have in this pairing of art and cryptocurrency technology.
  • Artem Coin Co-Founder and CEO Elio D'Anna explains, "What has attracted these leading investors to Artem Coin is the rapid growth of the HOFA art, luxury ( HOL ) and NFT platforms ( HOFA.io & Kreation.io ).
  • HOFA Gallery launches Artem Coin (ARTM) on 28 December 2021 at 3 p.m. (UTC);the IDO will take place via launchpads Cardstarter , Animoca Brands , Infinity Pad & Kaizen Finance .