⚡ TFC Newsletter: 01/27/2023
Amazon To Launch Web3 Division, California DMV Using Tezos for NFTs, Whale Watching Tooling, Crypto Tax Tool, New NFT Marketplace, and more!
💡 Intro
🥳 Happy Friday! To cap off a strong week for crypto markets, 2 new Web3 stories broke that are great for Web3 adoption. Check them out and have a good weekend!
In exciting news: Amazon is setting up a digital assets enterprise division and is set to launch it in the Spring, according to Blockworks.
Amazon has launched multiple partnerships with blockchains & platforms through AWS, but hasn’t developed big internal divisions yet dedicated to Web3.
Some specifics that the division might work on are:
Free to claim NFTs for Amazon users who play crypto games
Artist NFT drops
Potentially tying crypto with ecommerce
The specifics of the division are still being worked on, but no matter the details: Amazon dedicating to an internal division would be great news for the Web3 ecosystem overall.
Full story in the Blockworks link below:
The California Department of Motor Vehicles is now experimenting with the Tezos Blockchain by putting car titles directly on chain.
Ajay Gupta, the Chief Digital Officer, said they’re hoping to finish the initiative within the next 3 months with consumer apps after that. And that they’re looking to replicate the state’s full titles database on chain.
Hatchfi Launches Out of Beta, Raising $1.2M Pre-Seed to Help Fintech Apps Bridge the Gap to Web 3 - Yahoo Finance
Voldex raises $3M to continue expansion of its Roblox-based games - VentureBeat
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Ambire Wallet
"The Web3 wallet that speaks human."
Type of Product: Crypto Wallet
Purpose of Tool: Ambire is a self-custodial crypto wallet designed for power and ease of use. With Ambire you can register using email, and keep full custody of your funds with the use of hardware wallets and 2FA.
Ambire features advanced visualization to show you transaction data in a human-readable format and allows you to pay network fees in network-native tokens and stablecoins.
Ambire allows you to connect to any dApp via WalletConnect and even load dApps on your dashboard via gnosisSafe SDK.
Ambire rewards you for using it with a continuous airdrop of its native ERC20 $WALLET token.
Team / Funding / Backers / Other Info: Ambire Wallet has raised $2.5 million in a funding round led by LAUNCHHub Ventures. The DeFi-centric wallet has attracted the attention of 12 major private investment firms, including Ascensive Assets, Metacartel Ventures, Daedalus and Zee Prime, and angel investor Danish Chaudhry, the CEO of the bitcoin.com exchange. Ambire's core team has been a major player in the crypto sphere since 2016.
Link to product | Link to TFC listing
Magically
“The Fastest NFT Marketplace with the magic of Advanced Analytics"
Type of Product: NFT Marketplace
Purpose of Tool: Magically is the fastest NFT marketplace with advanced analytics to help traders stay ahead of the market. It offers a wide range of features, such as a sweep to quickly find the best deals, TradingView charts to analyze trends, a native drawing tool to plot the next winning buy, and super fast reveals to snipe the best deals.
It is compatible with all major marketplaces and provides a secure and reliable environment for traders to make their trades. Magically allows traders to be in control of their investments and to make informed decisions that will yield the highest returns.
Team / Funding / Backers / Other Info: The team behind Alpha Sharks launched their newest project, Magically, in collaboration with Cyberkongz. This new product is now available to the public.
Link to product | Link to TFC listing
Recap
“Crypto tax reports in an instant"
Type of Product: Crypto Tax Tool
Purpose of Tool: Recap is a cryptocurrency portfolio tracker that helps you effortlessly stay up to date with all your crypto accounts. It automatically syncs to major exchanges like Coinbase, Binance, Gemini, FTX and Kraken, as well as Ethereum wallets including NFTs, DeFi & DEX trading. Plus, you can import your data from other exchanges and wallets via CSV. All your account data is encrypted on your device and never accessible to them or third parties.
Features of Recap include:
Real-time sync to accounts on major exchanges
Automated support for Ethereum wallets
CSV import for all other exchanges, wallets and chains
Private by design - all account data is encrypted
Track all your trades and assets
See your net worth in dollars
Analyze your trading performance
Check your asset split
Download IRS reports with one click
Team / Funding / Backers Info / Transaction Amount: Dan and Ben, co-founders of Recap, discovered in 2018 that existing crypto tax tools were not designed for UK tax rules or respected user privacy. In response, they developed Recap, a UK-based crypto tax tool that puts privacy at the forefront. Since then, Recap has been providing crypto investors with a reliable way to manage their portfolios.
Link to product | Link to TFC listing
NFTTrack
"Follow the TOP NFT Whales to Earn”
Type of Product: NFT Tool
Purpose of Tool: NFTTrack is an innovative platform that helps you discover and track NFT KOLs, Diamond hands, whales and more. With features such as Real-time sell/buy information, Discover page, Rank page, Watchlist page and NextBlueChip page, NFTTrack provides users with the necessary tools to make informed decisions when investing in NFTs.
Following Page: Real-time sell/buy information from people you followed on Twitter, and they are probably social influencers, whales, or your friend.
Discover Page: Shows ‘random’ people for users to discover potential gems.
Rank Page: Provides two elite ways for users to find the right people to track according to FlipRate or Return.
Watchlist Page: Allows users to track the projects’ daily changes of floor price.
NextBlueChip Page: Records projects that vary most positively/negatively, allowing users to view projects based on different time range.
Team / Funding / Backers / Other Info: NFTTrack currently has over 101,893 NFT whales, 45,765,935 wallet addresses, and 287,592 NFT collections. It offers 16 main features, including market tracking, historical insights, and portfolio analytics. Additionally, NFTTrack regularly announces giveaways on its Twitter page.
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
Aptos Labs | Business Development Lead | Link to position
Stacks Foundation | Blockchain Engineer | Link to position
Polygon | Software Engineer | Link to position
ClubRare | Growth Marketing Manager | Link to position
Outlier Ventures | Head of Investments | Link to position
Binance | Senior Data Engineer | Link to position
Ava Labs | Research Analyst | Link to position
Chainlink | Engineering Manager | Link to position
OpenSea | Senior Software Engineer | Link to position
Risk Labs | Head Sales Engineer | Link to position
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Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!