Raising a Glass to Resilience
Despite the bleak economic forecasts that would make even the most optimistic among us shake our heads in despair, crypto startups are raising funds like it’s New Year’s Eve. September witnessed some hefty investments, proving that the crypto world might just be wearing rose-colored glasses when it comes to liquidity constraints.
Major Players Making Moves
Big names are stepping up to the plate. Amitt Mahajan, co-creator of Farmville, raked in $33 million to pave the way for Web3 gaming, while Animoca Brands disclosed a cool $20 million for its Mocaverse platform. It seems playing around with digital worlds is still a lucrative business!
Blockchain Capital’s Bold New Funds
In a move that could make any financier’s heart skip a beat, Blockchain Capital announced the closing of two new funds, boasting a jaw-dropping $580 million earmarked for crypto gaming and decentralized finance. This signals a fierce commitment to pushing the blockchain envelope further despite the market’s overall languor. One has to wonder—are they playing Monopoly or real-life finance?
Bubblemaps: The Next Google Analytics?
Ever heard of Bubblemaps? Well, that’s about to change! This data visualization startup clutched a sweet €3 million ($3.2 million) in funding, with aspirations to become the Google Analytics of Web3. They intend to pump up their social media marketing and expand their developer posse, reportedly partnering with big shots like Arbitrum and Polygon. Perhaps they’ll finally help us understand if NFTs will ever really be worth the ethereal price tags.
CoinScan: Safety First in Crypto
In the ever-chaotic realm of crypto, CoinScan garaged $6.3 million in funding to equip users with safety checks and comprehensive social sentiment analyses in the always-overanalyzing crypto community. Backed by the likes of billionaire Shalom MecKenzie, the platform aims to provide tools that ensure your investment doesn’t fall off a cliff without a parachute.
Mythic Protocol: Collaboration is Key
Collaborative entertainment is all the rage these days, and Mythic Protocol just snagged $6.5 million to jump into this arena. Co-led by the shrewd minds at Shima Capital, their goal is to create a user-friendly ecosystem that elevates the gaming experience. Given the team’s track record of launching over 250 game titles, it sounds like they might just pull it off. Go team!
ConsenSys: Nurturing New Ideas
Innovation doesn’t stop at fundraising! ConsenSys has launched the ConsenSys Fellowship, a 12-week accelerator program aimed at nurturing Web3 startups and transforming great ideas into tangible products. With guidance from industry pros and the potential for follow-on investments from a $1.5 million fund, those 15 lucky startups might just find their ticket to the big leagues.
In summary, while the world might be immersed in economic uncertainty, the realm of crypto startups isn’t just surviving; they’re thriving! Give them a round of applause for resilience in the face of adversity!
+ There are no comments
Add yours