⚡ NFT Tickets Are Here To Stay, LooksRare Rewards Competition, Portfolio Tracker, and more!
Discover the latest and greatest Crypto & Web3 products
💡 Intro
👉 Notes for TFC Rewards Members: We have an update on Starbucks Odyssey + how we’re going to play the new NFT stamp, they just dropped a quest today.
It’s at the bottom of today’s newsletter.
We also have an update on Alphascan (the tool we added yesterday) and have some free Beta Entry codes for you, so tune in tomorrow for that!
The NFT Ticketing space greatly improved in 2022 and 2023, to the point where the tooling & infrastructure now can handle consumer events.
We mentioned the Sports Illustrated “Box Office” launch earlier this month (SI has over 50M tickets produced) that runs on Polygon. But there’s many more brands now launching including the two below.
Attendees of the Monaco Formula One Grand Prix, from May 26th to 28th, were able to receive an NFT ticket issued on the Polygon.
The PFL (a major MMA competitor to the UFC) recently launched an NFT ticket experience for an event, on the XRP blockchain (strange choice of chain, but we’re not judging 😅).
🔥 Why This Matters:
Consumers Will Become More Comfortable with NFTs: As more brands adopt NFTs for tickets, consumers will become more used to them as well as more familiar with their benefits.
More Tickets Will Move On-Chain: This would make reselling/trading much easier.
Last week: we mentioned Magic Eden rolled out a new Rewards update where users earn for buying/selling on their platform. And that other NFT marketplaces would follow due to competitive pressure.
This week: LooksRare joined the party and added their own Rewards update.
They’re giving out 5M $LOOKS in a prize pool, to users who list NFTs on their marketplace.
If you’re an NFT trader or looking to sell: This is a great time to trade, as all the major NFT marketplaces are rolling out competitive rewards updates, while they fight for market share.
Illuvium / $10M — Illuvium, the blockchain gaming studio, secures $10 million in funding from Framework Ventures through a token sale. — Cryptorank
Transak / $20M — Transak, the developer integration toolkit, raises $20 million in a Series A funding round led by CE Innovation Capital. Other investors include SBI Ven Capital, Sygnum, Azimut, Third Kind Venture, UOB Venture Management, and others. — CoinDesk
DeGame / $10M — GameFi/NFT aggregator DeGame raises $10 million in a funding round led by Folius Ventures, Kenetic Capital, and A&T Capital. — Tweet
MetaZone / $3M — MetaZone, the content distribution platform, secures a $3 million seed round co-led by metaverse industry leaders Sfermion and CMT Digital. — FinanceFeeds
Magic / $52M — Magic, a crypto wallet-as-a-service provider, secured $52 million in a strategic funding round led by PayPal Ventures. — CoinDesk
👉 Today our sponsor is BlockBridge Labs: a software development agency that specializes in both Web2 and Web3 development. Here’s an intro directly from the team:
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Crypto Portfolio Tracker by CoinMarketCap
"Keep track of your profits, losses and portfolio valuation."
Type of Product: Portfolio Tracker
Purpose of Tool: CoinMarketCap’s Crypto Portfolio Tracker is a free-of-charge tool that helps users track the value of their cryptocurrency portfolios. It offers real-time price data and supports over 10,000 cryptocurrencies. It also stores all records securely in the user’s account without requiring any wallet details.
CMC just added this yesterday.
It’s really nice, as it doesn’t require wallet connections (you can add addresses manually if you don’t want to connect). This means you don’t have to connect/sign transactions (some tools require that which is annoying.)
One downside is that it doesn’t track NFTs yet (so you’d have to use another tool to track that portion of your portfolio).
But if you’re mainly a crypto trader, it’s a great tool to use.
The features of Crypto Portfolio Tracker by CoinMarketCap include:
Real-time Price Data: Prices are updated 24/7 directly from CoinMarketCap so users can stay up to date with the current values of their assets.
Supports Over 10,000 Cryptocurrencies: No matter where your crypto assets are stored, you can monitor them closely with this comprehensive portfolio tracking service.
100% Free to Use: Keep track of your investments without spending a dime - top-notch crypto portfolio tracking at no cost!
Secure Data Storage: All records will be safely secured in your account and no wallet details are necessary. You can also check summary stats such as total profit/loss and P&L % (profit and loss percentage) from inception of purchase in the “Statistics” tab.
Team / Funding / Backers / Other Info: CoinMarketCap's Crypto Portfolio Tracker is a widely-used and trusted tool by over 1.2 million users all around the world. CoinMarketCap provides insightful information, statistics, and charts regarding a variety of cryptocurrencies. Its data is known to be highly accurate, which has made it one of the top 1,000 largest websites worldwide in 2018.
Link to product | Link to TFC listing
Transak
“Enable users to buy or sell crypto from your app."
Type of Product: Web3 Payments
Purpose of Tool: Transak is a powerful developer integration toolkit that helps app developers onboard their users to buy/sell cryptocurrency across 75+ blockchains and 160 cryptocurrencies, in any app, website or web plugin. It features KYC, regulation & compliance, fiat payment methods, and crypto coverage for maximum security and convenience.
Transak Off-Ramp: designed to help dApps, protocols, wallet apps and other businesses provide their users with the ability to liquidate their cryptocurrency holdings into fiat currency of their choice. With support for over 40+ cryptocurrencies across 13+ networks, Transak Off-Ramp offers the largest crypto coverage in the industry and is live in over 40 countries.
Transak On-Ramp: makes it easy for partner apps to enable their users to buy cryptocurrency directly within their own applications using various payment methods such as cards, bank transfers and more. This provides an efficient way for customers to get access to digital assets quickly and easily.
Transak One Integration: This feature makes it even easier for DeFi protocols or any dApp using on-chain protocols to be accessible to mainstream users by enabling them to directly on-ramp from fiat into an on-chain protocol with just one step.
Team / Funding / Backers / Other Info: Just yesterday on May 30th, Transak has raised $20M in its Series A funding round. The round was led by CE Innovation Capital and saw participation from some of the most prominent web3 investors including SBI Ven Capital, Sygnum, Azimut, Third Kind Venture Capital, and others.
Transak was founded in 2019 by Sami Start (CEO) and Yeshu Agarwal (CTO). It supports the onboarding of over 150 countries to more than 160 cryptocurrencies across 75+ blockchains.
Link to product | Link to TFC listing
zkMe
“The Web3 zk-Credential network"
Type of Product: Web3 Credentials
Purpose of Tool: zkMe is a decentralized Web3 credential network that utilizes the power of zero-knowledge proofs to provide secure and private credential issuance and verification. It is an innovative platform that enables businesses to comply with regulations while still preserving decentralization, privacy, and security for their customer's data.
FEATURES OF ZKME:
zkKYC: zkKYC is a solution that enables companies to fulfill global KYC requirements in the least intrusive way possible by using zero-knowledge proofs to verify user identity without revealing sensitive information.
Permissioned DeFi: Permissioned DeFi is a type of decentralized finance that requires permission to access and can be used by institutions or corporations to control their financial activities on the blockchain.
zkMe DID: This concept ensures each user has a unique DID which makes it more difficult for bad actors to manipulate the system by creating multiple accounts.
Identity Oracle: The zkMe Identity Oracle is a decentralized oracle network that allows smart contracts to securely access off-chain identity or credential related data feeds and web APIs.
Team / Funding / Backers / Other Info: zkMe has received an impressive $2 million in pre-seed funding from various venture capital firms including Circle Venture, Spartan Group, CMS Holdings, Fenbushi Capital, NGC Ventures and Arkstream Capital. The announcement was made public after the company came out of stealth last month.
Link to product | Link to TFC listing
DeGame
"Find the Next Game-changer Contribute to Earn”
Type of Product: GameFi Aggregator
Purpose of Tool: DeGame is a one-stop NFT/GameFi aggregation platform that enables users to participate in project development from an earlier stage. It provides a comprehensive platform for NFT gaming enthusiasts and developers, with over 4000 blockchain game projects and 1000+ tokens & chains listed since 2021.
Proof Contribution Platform-DeGame Community: A one-stop shop for global Web3 users to discover and play exciting new projects & games. It also allows early developers, project ambassadors, KOLs, and community organizers to prove their contributions with identity roles & rewards, thus receiving recognition in the process.
4000+ Blockchain Game Projects: DeGame offers thousands of blockchain-based game projects for players to explore and enjoy.y.
1000+ Tokens & Chains: DeGame has partnered with more than 50 different guilds and blockchain chains, providing players with a huge selection of over 1000 tokens and chains to pick from.
Genesis NFT or Token Airdrop: DeGame platform offers users the opportunity to participate in project building opportunities early on through its Genesis NFT or Token airdrop feature.
Team / Funding / Backers / Other Info: Yesterday on May 30th, 2023, DeGame announced the successful completion of its second round of fundraising. This round was led by Folius Ventures, Kenetic Capital and A&T Capital, NGC Ventures, Hack VC, Hashkey Capital, Avalanche, Golden Bull, Y2Z Ventures, and others. The amount raised in this round totaled $6.5 million which will be used for development purposes as well as a planned genesis airdrop for current users of DeGame.
Link to product | Link to TFC listing
Useful tweet (its much longer than the screenshot) on a collection of BTC & Ordinals tools:
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