⚡ Starbucks Odyssey Airdrop is Coming, .SWOOSH Launch Explained, and more!
Discover the latest and greatest Web3 & Crypto products
💡 Intro
☕ Important Update for TFC Rewards Club Members: The Starbucks Odyssey team just dropped info on an upcoming airdrop in Discord!
Some of you messaged us saying you signed up through our tutorial in this edition and got in this week.
They’re likely rolling a new batch of users in and timing it around the airdrop.
We’re putting info on the airdrop qualifications + how we’re going to play it at the bottom of this post, so don’t forget to scroll down!
Nike’s .SWOOSH platform has the potential to onboard MANY new users into Web3, making watching their latest launch very important.
So far its doing tremendously well during an NFT bear market, with over 55k minted to over 30k unique users.
The NFTs are very cheap (20 dollars) and they’ve still done over $1M in sales so far across all days.
💡Why It Matters:
Cheaper NFTs Can Work: Nike lowered the cost of boxes (only $20) to bring more people into the launch. Other brands may soon follow this approach instead of doing high priced launches.
Magic Eden Launches Chapter II: ME just put out a major update in an attempt to win traders back in a very competitive NFT bear market.
Traders (for now) earn SOL when:
Someone accepts your offer.
Someone buys your listings.
These apply to both Magic Eden and their new aggregator service.
It’ll be interesting if other NFT marketplaces soon follow with their own fee updates (we hope so!)
BTCDomain / Undisclosed — Bitcoin native domain system BTCDomain secured angel funding from Waterdrip Capital. — Tweet
OrionX / Undisclosed —Bitfinex has invested in OrionX, a Chilean crypto exchange and wallet services provider, as part of its strategy to expand into Latin America. — CoinDesk
Worldcoin / $115M — Worldcoin, an open-source protocol, has secured $115 million in a Series C funding round with Blockchain Capital as the lead investor. Additional participants in the funding round include a16z, Bain Capital, and Distributed Global. — CryptoPotato
GoodGang Labs / $2M — Kakao Investment, a subsidiary of South Korean messaging giant Kakao, has invested $2 million in GoodGang Labs, a Metaverse avatar communications company. — Tech in Asia
Kana Labs / Undisclosed — Kana Labs, a Web3 middleware SDK toolkit and smart wallet solutions provider, has received an investment from MARBLEX, a prominent GameFi giant. — Cointelegraph
Houdini Swap / $0.25M — Houdini Swap, a leading solution for compliant anonymous digital asset swapping and sending, has successfully concluded a $250,000 financing round led by Theia Blockchain. — Yahoo Finance
LondonLink / $0.63M — LondonLink, a crypto brokerage, has raised £510,500 ($634,400) through a securities offering on Seedrs. — Crowdfund Insider
Matcha Auto
"The most frictionless experience to search and trade over 3 million tokens across 100+ DEXes and 8 chains."
Type of Product: DEX + Aggregator
Purpose of Tool: Matcha Auto is a new transaction mode introduced in the latest version of Matcha, which offers users a more efficient and seamless trading experience. It leverages the best of Matcha's intelligent platform to provide faster trade confirmation, reduce failed trades, and handle gas fees on behalf of users.
Matcha (created by 0xLabs who’s raised over $70M in funding) just put out this major update.
It’s worth checking out if you’re an active trader.
Faster trade confirmation: Matcha Auto dynamically adjusts gas fees in real-time to make trades 2x more likely to land in the next block.
Reduced failed trades: Transaction failure rates for leading DEX apps average 8-10%, but with Matcha Auto, trades successfully land on-chain an incredible 98.5% of the time.
Gas handling: Matcha handles gas fees by embedding them into the trade and covering re-submission costs.
Smart order routing: The technology behind Matcha Auto wraps 0x Swap API's smart order routing into a highly optimized meta-transaction that allows users to get great prices without handling gas fees.
Sign gas-free token approvals: This feature enables users to grant access to their tokens without spending any gas, making it easier and more frictionless.
Team / Funding / Backers / Other Info: Matcha is a decentralized exchange platform that uses 0x's infrastructure to allow users to trade tokens across multiple blockchains. It has indexed over 3 million tokens and facilitated over $56 billion in traded volume through 1.3 million trades, with aggregated liquidity from more than 100 sources. Matcha Auto also got over 79,000 signups for its closed beta.
Link to product | Link to TFC listing
AvaCloud
“Launch Fully Managed, Custom Blockchains In Minutes"
Type of Product: Web3 Dev Tool + No Code
Purpose of Tool: AvaCloud is a web3 launchpad that enables businesses to launch custom, fully managed blockchains in minutes. It offers various features to automate and simplify the blockchain building process, making it accessible to everyone.
Ava Labs (creators of the Avalanche network) just launched this no-code web3 development tool this week.
Managed Validators: AvaCloud automates the deployment, scaling, and management of blockchain validators. This ensures optimal performance and seamless handling of any level of demand to keep the chain running smoothly. Auto-staked validator nodes reduce barriers to entry while proactive security patching and guaranteed backups keep nodes safe from vulnerabilities.
Automated Blockchain Builder: With AvaCloud's intuitive guided workflow, anyone can build fully managed blockchains in minutes without writing code or using command lines. The "no-code" portal allows customization of native tokens and gas-abstraction while eliminating overhead with seamless integration processes, intuitive management tools, and 24/7 technical support.
Comprehensive Data Tools: Access blockchain data for real-time analytics and monitoring through AvaCloud's API to power front-end applications while saving on resource costs specific to the blockchain's data needs.
Chain Interoperability: Unlock the power of Avalanche Warp Messaging for fast, cheap, and secure transactions between blockchains increasing liquidity in the Avalanche network or connecting multiple app-specific chains together without limitations on message type including tokens and NFTs.
Team / Funding / Backers / Other Info: Just yesterday on May 24, 2023, Ava Labs announced the launch of Avacloud. Ava Labs is known for its layer 1 blockchain Avalanche and has recently introduced Avalanche Warp Messaging to enable seamless communication between all Avalanche subnets. The company has been broadening its product portfolio to cater to both Web2 and Web3 audiences, with financial institutions such as Deloitte, T. Rowe Price, and WisdomTree joining the ecosystem.
Link to product | Link to TFC listing
LabDAO
“Research, Reimagined"
Type of Product: DAO
Purpose of Tool: LabDAO is an online organization of scientists and engineers that aims to make scientific tools more accessible and accelerate progress in the life sciences. LabDAO enables scientists to share their specialized tools and services with each other easily through an open exchange, making it easier to discover tools and projects without going through a lengthy search for collaborators or service providers.
Inventing as Tokens: LabDAO helps capture and distribute inventions as tokens, creating an open ecosystem for generating and sharing scientific insights.
Standards for Biomedical Tools: To increase reproducibility and transparency, LabDAO defines standards around biomedical tools, ensuring that contributors adhere to these standards when developing applications or providing instrumentation.
PLEX Library: The PLEX library created by LabDAO allows users to run BioML tools directly from their command line without worrying about failing dependencies or managing compute. The platform uses a peer-to-peer network for computation and storage, making it easy to execute container workloads.
Team / Funding / Backers / Other Info: On May 23,, LabDAO successfully raised $3.6 million in a funding round that was co-led by Inflection.xyz and Village Global. Other notable investors who participated in the fundraising include Seed Club Ventures, North Island Ventures, Road Capital, ID Theory, Curve Labs, and Balaji Srinivasan – former Coinbase CTO. In addition to the fundraiser, LabDAO also revealed the launch of PLEX.
Link to product | Link to TFC listing
Trezor
"The safe place for your coins”
Type of Product: Hardware Wallet
Purpose of Tool: Trezor is a hardware wallet that provides the ultimate security for Bitcoin and cryptocurrency assets. It is designed to securely store and protect your digital assets offline, away from any insecure environment connected to the internet.
Advanced Cryptocurrency Hardware Wallets: Trezor offers two models - Model T and Model One, both considered the most advanced in their category. They provide users with easy storage and protection of Bitcoins, passwords, tokens, keys, and other cryptocurrencies.
Cross-platform Compatibility: Trezor Suite apps are available on desktop (Windows, macOS), Android & iOS devices or can be accessed via browser making it easier for users to trade with multiple partners while viewing ledger history.
Maximum Security Features: Users can maximize wallet security using a passphrase called Hidden Wallets. Additionally, Tor - an open-source software that enables anonymous communication makes it difficult to trace user's internet activity and Coinjoin feature protects identity through complex transaction anonymization.
Team / Funding / Backers / Other Info: On May 16, 2023, Trezor launched an offer for a Shamir HODL pack for ultimate backup protection. This pack includes a Trezor Model T and 5 Cryptosteel capsules to safeguard Shamir shares offline. The Shamir backup allows users to generate multiple unique shares and specify the number required to recover their funds. Learn more here: Link
Link to product | Link to TFC listing
Coinshift | Senior Product Designer | Link to position
DappRadar | Social Media Manager | Link to position
WalletConnect | Web3 Communications Associate | Link to position
Cere Network | DevOps Manager | Link to position
Offchain Labs | Blockchain Developer | Link to position
Outlier Ventures | Token Design Associate | Link to position
Treehouse | UI/UX Design Intern | Link to position
Aptos | Software Engineer | Link to position
CoinGecko | Software Test Engineer Intern (QA) | Link to position
Keep reading with a 7-day free trial
Subscribe to ToolsForCrypto’s Newsletter to keep reading this post and get 7 days of free access to the full post archives.