⚡ TFC Newsletter: 02/16/2023
Pudgy Penguins Holograms Explained, Collab.Land Governance Launch, Token Unlocks, On-chain Insurance, Airdrops, and more!
💡 Intro
Virtual avatars are insanely popular outside of Web3 already, with Vtubers (virtual youtubers where the channel owner uses an avatar on screen vs showing their own face/body) exploding in popularity over the past years.
This week: Pudgy Penguins, a well known NFT collection, partnered with HologramLabs to let all holders use virtual avatars of the Penguin NFT they hold.
Why This Matters:
Many “Metaverse” themes never get adoption and are mostly hype
Virtual avatars don’t fall into the above, and currently are widely used even outside of Web3
Allowing NFT holders to “become” their Penguins and use them on TikTok/Twitch/IG/etc means holders will become even more attached to their NFTs + Pudgy Penguins as a collection will receive a ton of marketing
Expect other NFT collections to adopt this tactic soon
Collab.Land is one of the most used Token-gating tools in Web3, with over 8.2+MM verified wallet connections since 2020.
This week: they’re launching a governance token that will let holders vote on platform updates including: feature requests, offer bounties, curate the Marketplace, and more.
Full thread directly from Collab.Land below:
Web3 tooling startup Nefta raises seed round at $32.5 million valuation - TheBlock
Miami-based startup Zion has launched a new version of its app providing access to the Web5 decentralized social network, raising $6 million led by XBTO Humla Ventures. - BTCMagazine
Sending Labs secures $12.5 million to build 'web3 communcation stack' - TheBlock
Web3 crypto wallet security company Stelolabs raised $6M in a seed funding round led by a16zcrypto - Announcement
Mysten Labs CEO Evan Cheng is seeking to raise over $100 million for a web3 fund - TheBlock
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Alpha Drops
"Crypto Airdrops, Alpha and Airdrop Alerts, Free NFTs"
Type of Product: Airdrop-Finding Tool
Purpose of Tool: Alpha Drops is an online platform that helps people find airdrop strategies and guides for early crypto projects. It connects early supporters and crypto projects in a way that benefits both parties, while also encouraging real usage and contribution to projects instead of sybil attacks and airdrop farming.
Explore early stage projects: More than 160 projects are listed and more are under review.
Strategies & Guides: Learn how to support your favorite projects and get rewarded for contributions.
Alpha101: Contribute-to-earn program which rewards participants for their skills and efforts to contribute to DeFi projects.
Discord: Join the Alpha Drops community on Discord for daily alpha drops.
Team / Funding / Backers / Other Info:
Link to product | Link to TFC listing
Nayms
“Powerfully Smart Risk Transfer"
Type of Product: On-chain Insurance
Purpose of Tool: Nayms is a fully-regulated marketplace for crypto-native insurance. It provides users with access to new sources of capital, tokenisation of positions, and the ability to create segregated crypto-native captives for self-insurance.
Capitalise an on-chain balance sheet in a cryptocurrency of choice and run your insurance business in the same denomination.
Operate within a compliant environment licensed by the Bermuda Monetary Authority for digital asset business (DABA Class F) and insurance (IIGB).
Access new sources of capital for your insurance programs and use tokenisation for the seamless administration and trading of positions.
Set up segregated crypto-native captives with your own token or other digital assets for the purpose of self-insurance.
Benefit from extra protection and security for users of the marketplace through the Nayms Discretionary Fund (NDF), powered by the NAYM token.
Team / Funding / Backers / Other Info: In June 2021, Nayms raised £4.3 million in a Seed Follow On investment round. The round was led by Spartan Ventures and included existing investors XBTO, Maven11, and Coinbase Ventures, as well as new investors DFG, LD Capital, Cadenza, Woodstock, and Kin Insurance CEO Sean Harper. This follows Nayms' successful $2.1 million seed funding round in January of the same year.
Link to product | Link to TFC listing
Darby
“Talk to the blockchain"
Type of Product: Developer Tool
Purpose of Tool: Darby is a platform that enables users to interact with blockchain data in a user-friendly manner. Darby will soon roll out its early access to a powerful querying engine built on a unique knowledge graph, allowing users to easily search for tokens, transactions, calculated values, prices, and other data points.
Interact with blockchain data in a user-friendly manner
Powerful querying engine built on a unique knowledge graph
Search for tokens, transactions, calculated values, prices, and other data points
Formatter pre-formats API responses to suit codebase needs
Access currency conversions, log decoding, and other utilities
Team / Funding / Backers Info / Transaction Amount: A team of experienced professionals, with the support of industry leaders, is behind the development of Darby. In less than 24 hours, Darby will become available to early-access users. Those interested in trying out can sign up on Darby's website at darby.executive.dev.
Link to product | Link to TFC listing
Token Unlocks
"The Best Token Unlock Schedule & Intense Tokenomics Data is here.”
Type of Product: Token Analytics
Purpose of Tool: Token Unlocks is a token analytics dashboard that provides users with comprehensive tokenomics information, as well as monitoring vested tokens and notifications for upcoming unlock events. It aggregates data from both on-chain and off-chain sources, giving users a comprehensive view of their tokens and tokenomics data.
Token Unlocks offers a range of features to help users manage their tokens and tokenomics data effectively. These features include:
Token Unlock Monitoring: Monitor vested tokens and receive notifications of upcoming token unlock events.
Comprehensive Data Analysis: Aggregate data from both on-chain and off-chain sources to provide users with a comprehensive view of their tokenomics.
Investor Allocation: Track who is investing in which tokens and how much of each token is allocated to each investor.
Supply Schedule: Keep track of the total supply of a token and when it is expected to be released.
Wallet Tracking: Monitor which wallets are holding which tokens.
Team / Funding / Backers / Other Info: The 2022 Token Unlocks annual report was released on January 18, 2023. The report provides insights and analysis into token unlocks, tokenomics, and their price effects in the cryptocurrency space. It also offers predictions for 2023 by analyzing the top 300 projects and estimating future unlock values.
Link to product | Link to TFC listing
Adanize | NFT Tool | Link to product
ARC | DeFi | Link to product
Orca | DEX | Link to product
Gelato | Dev Tool | Link to product
Crypto Packaged Goods | Builder Community | Link to product
Uniswap | PhD Research Fellow | Link to position
Coinshift | Data Engineer | Link to position
Phantom Wallet | QA Engineer | Link to position
ConsenSys | Brand Marketing Lead | Link to position
Coinbase | Senior Payroll Analyst | Link to position
The Block | Senior Financial Analyst | Link to position
Messari | Senior ML Engineer | Link to position
Aptos Labs | Product Designer | Link to position
Chainlink | Fullstack Engineer | Link to position
Paxos | Customer Success Manager | Link to position
Flipside Crypto | Account Manager | Link to position
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Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!