⚡ TFC Newsletter: 01/23/2023
Doodles Acquires Animation Studio, SoundXYZ launches Open Editions, Web3 Checkout Builder, Crypto Taxes, Web3 No-Code Kit, and more!
💡 Intro
🥳 Happy Monday!
The week is already off to a good start: with BTC & ETH holding their respective levels. On top of crypto pricing: there’s 2 new exciting acquisitions to cover in the Web3 Product Space:
Last year: NFT collection Doodles raised a Series A of $54M at a $704M valuation.
It looks like they’ve started to use that capital as today: they’ve announced their acquisition of GoldenWolf: an animation studio that has worked on Rick & Morty and has partnered with Disney on projects.
In more acquisition news: popular NFT Analytics app Floor has acquired WGMI.io, a popular NFT portfolio tracker:
Judging from on-chain analytics: it’s been clear that the Music NFTs have thrived even during the bear market.
This can largely be attributed to Music & Creator NFTs falling under “Collector NFTs” vs “Investing NFTs” like most PFPs have.
It also helps that companies like Sound (funded by a16z) are pushing new innovations in the Creator space.
Today: they launched a new feature called Open Editions which allows for artists to set an uncapped supply for their new drops, making sure no fans/collectors miss out through sellouts.
Private sharding startup Calimero Network raises $8.5 million - TheBlock
Tribes has raised $3.3 million and launched a mobile crypto wallet that combines chats with group transactions - CoinDesk
Poolz Ventures, the capital firm of Poolz, is investing $2.5M in GTO to support Gifto’s new roadmap for 2023. Gifto is a blockchain-based web3 gifting platform. - Announcement
Hyper Oracle, middleware for fully decentralized infra, empowered by ZK, raises $3M pre-seed round led by @daofive and @Sequoia China Seed Fund - Announcement
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Paper
"Easy to Use NFT onramp infrastructure."
Type of Product: Crypto Payments
Purpose of Tool: Paper makes it easy to purchase NFTs using credit cards and create wallets using email, covering associated gas fees. It provides an out-of-the-box solution with modular components for fully custom branded experiences and zero platform fees. Its 1% service fee and no hidden spreads make it a cost-effective and secure option for acquiring consumers who don’t have the required wallet, crypto, and knowledge.
Credit Card Purchases: Zpaper offers a straightforward method to purchase NFTs with credit cards. It has a standard processing fee of 2.9% + 30¢ for US cards and 3.9% + 30¢ for non-US cards.
Email-based Wallets: Create wallets with ease using Zpaper’s NFT-first, non-custodial wallet SDK.
Gas Fees Covered: All associated gas fees are covered for transactions.
Custom Branding: Zpaper offers a sleek out-of-the-box solution with brand customizations for a fast & easy integration.
No Platform Fees: Acquire new consumers without any platform fees and no chargeback risk.
Team / Funding / Backers / Other Info: Paper raised $7.3 million in seed funding after a $2 million angel investment. The round was co-led by Electric Capital and Initialized Capital, with additional funds coming from Polygon, FalconX, Long Journey Ventures, Founders Inc., and more.
Founded in 2022 by James Sun and Edward Sun, Paper has since reached $7.5 million in annualized GMV. Its existing customers include Fnatic, Deadmau5, Boohoo, and YesTheory.
Link to product | Link to TFC listing
Koinly
“Crypto tax reports in under 20 minutes"
Type of Product: Crypto Tax Platform
Purpose of Tool: Koinly is a cryptocurrency tax calculator that helps you calculate and reduce your cryptocurrency taxes for next year. It helps to sync all your exchange trading history quickly and easily and generate a ready-to-file tax report.
Import Trades: Import your ETH, BTC, Tezos and other transactions directly from the ledger, sync all your exchange trading history in one-click.
Smart Transfer Matching: Koinly uses AI to detect transfers between your own wallets and keep track of your original cost.
Preview Capital Gains: Get a glimpse of your profit/loss for any tax year - for free!
Portfolio Tracking: See your total holdings, ROI and growth over time on a beautiful dashboard.
Profit/Loss & Capital Gains: Easily see how much you are up or down. View realized and unrealized capital gains.
Team / Funding / Backers / Other Info: Koinly is a cryptocurrency tax reporting and portfolio tracking platform founded in 2018. It has tracked over $250m in funds and has filed 11k tax reports. It offers 3 pricing plans, ranging from $49 to $179 per year. Newbie ($49/year), Hodler ($99/year), and Trader ($179/year).
Link to product | Link to TFC listing
Breadcrumbs
“Investigate Crypto Easily."
Type of Product: On-Chain Analytics
Purpose of Tool: Breadcrumbs is an analytical software that provides a visual representation of blockchain transactions. It simplifies the process of understanding the movement of digital assets and makes it easier to track blockchain activity.
Investigation: Breadcrumbs provides investigation tools to analyse blockchain transactions and uncover patterns or suspicious activities.
Monitoring: The software allows users to monitor their own blockchain activities for suspicious activities.
Team Investigations: Users can join investigations as a team and collaborate on the same project.
Analytical Resources: Breadcrumbs also offers a variety of analytical resources to help users better understand their blockchain activities.
Team / Funding / Backers Info / Transaction Amount: The founding team of Breadcrumbs.app is led by CEO Lorne Lantz, who previously worked as an advisor to Spartan Group and whose previous startup Snappay was selected by Innotribe as one of the top 10 fintech startups in the world. COO Rieya Piscano has been with Breadcrumbs since May 2021 and has over 4 years of experience with the UN.
Breadcrumbs.app recently announced a successful seed funding round of $1.6 million, backed by Distributed Global Capital, Cadenza Ventures and Spartan Group.
Link to product | Link to TFC listing
Uniblock
"Uniblock, the Blockchain Toolkit”
Type of Product: Developer Tool
Purpose of Tool: Uniblock is a comprehensive suite of solutions for developers to make Web3 innovation effortless. It provides APIs, SDKs, Contracts, and additional tooling to support developers in building blockchain projects. Features include:
Launcher: A no-code tool to deploy and interact with smart contracts across networks using a simple UI.
SDKs: Blockchain devkits for us and our partners, incorporating our powerful API into an easy-to-use development kit to build all things Web3.
APIs: High-performance, easy-to-use, and extensive blockchain data across all of your dApps. Uniblock is currently EVM compatible, allowing developers to index, view, and call data across networks.
Team / Funding / Backers / Other Info: Uniblock recently launched 2 days ago on January 23rd on Producthunt. For the next few months, users can enjoy a free trial of Uniblock's services, or contact the team for custom pricing and API options if more API calls are needed.
Link to product | Link to TFC listing
Fitmint | Web3 Health | Link to product
REV3AL TECHNOLOGY | NFT Tool | Link to product
Concordium | Dev Tool | Link to product
Ascenders | Metaverse Game | Link to product
AVME | Crypto Wallet | Link to product
CoW Protocol | Data Analytics Team Lead | Link to position
WalletConnect | Kotlin / Android Engineer | Link to position
Subspace Labs | Quality Assurance Engineer | Link to position
Usual Company | Senior Web3 Developer | Link to position
Aurora | Legal Counsel | Link to position
Monad Labs | Developer Relations Engineer | Link to position
DXdao | Treasury Manager | Link to position
Offchain Labs | Blockchain Developer | Link to position
prePO | UX Engineer | Link to position
Safe | Senior Data Analyst | Link to position
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Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!