⚡ TFC Newsletter: 03/06/2023
Amazon Launching NFT Marketplace in April, ERC-4337 Explained, Web3 Messaging, Whale Watching Analytics, Programmable NFTs, and more!
💡 Intro
🥳 Happy Monday!
Crypto markets may be slightly down, but there’s already some good news to start the week in Web3: with Amazon’s NFT Marketplace + a $50M raise from Scroll ZKP (which we’ll cover in more detail tomorrow).
In January: Blockworks broke the news that Amazon would be launching their own NFT marketplace sometime in the spring.
Now: reports have come in the “Amazon Digital Marketplace” will go live on Aamzon.com on April 24th.
More details include:
15 NFT collections will be available on launch
The platform will be US only, with other regions being rolled out over time
Collections will be available on Amazon's main website and can be bought through an Amazon account or a credit card
A successful launch would be huge for Web3, as Amazon is massive in ecommerce with over 300M+ active users globally and Amazon has over 50% of all ecommerce sales in just the USA.
Onboarding Amazon’s users would be a huge boost, as according to Glassnode: ETH had just 400k active addresses yesterday.
Everyone knows that using crypto and Web3 is very challenging for first time users.
Fortunately: a major update is coming to Ethereum that will improve Web3 onboarding!
Announced last week at WalletCon: a major upgrade to Ethereum is coming through the ERC-4337 proposal, which will change onboarding forever.
New users will no longer need to learn about complicated seed phrases or the technical process of setting up a wallet to onboard into the decentralized world of crypto.
While still far away from production: the proposal has finally passed and should be developed and released within a year.
Scroll ZKP / $50M raised — Scroll, an Ethereum Layer 2 network that uses zk-rollups technology, raised $50 million in a new funding round. — TheBlock
WGFdesocial / $20M raised — WGFdesocial has secured $20million seed funding led by Dao venture capital. Humza Saleem, the co-founder and chief CEO of WGFdesocial, said that this is a completely decentralized social app without any collection of user’s information.. — Tweet
DX25 Labs / $750k raised — Swiss firm Tacans Labs raises $750k for DX25’s advanced DEX on carbon-neutral MultiversX blockchain — Announcement
Welcome to TFC’s daily newsletter! Thanks for subscribing, we’re working hard to give you the best info on the most exciting crypto products.
If you’re a builder, investor, or crypto enthusiast, this will benefit you!
👉 Brought to You by CoinLedger: Get your crypto taxes done in minutes. Get 10% off through our link.
Note: Do you have a product or tool you’re building? Have one you’d suggest? DM us on twitter! We’re always happy to feature products from the TFC community.
Loch
"Personalized digital asset intelligence across 15 blockchains"
Type of Product: Whale Watching + Crypto Analytics
Purpose of Tool: Loch facilitates the indexing and monitoring of the top 15 blockchain networks. It enables users to create and manage ‘pods’ of whales with just a few clicks, allowing them to keep track of the movements of whales across different chains and assets.
Multi-chain capability: Loch allows users to create ‘pods’ of whales that span across EVM, non-EVM, Bitcoin, and Solana networks.
Whale tracking: Loch’s whale tracking feature allows users to monitor the movements of whales across different chains and assets.
Transaction history tracking: Users can take advantage of the transaction history tab to keep an eye on their wallets.
Asset filter: Users can filter assets by chain, time period, etc. to get actionable data such as the most frequently bought or sold token and the largest volume bought or sold token.
Unlimited pods: Loch allows users to create an unlimited number of ‘pods’ with each pod allowed an unlimited number of addresses.
Link to product | Link to TFC listing
Xircus
“Building and scale Web3 businesses and innovations"
Type of Product: No-code Platform
Purpose of Tool: Xircus is a decentralized software as a service (DSaaS) platform that facilitates the development and deployment of Web3 businesses and innovations. It is an infrastructure layer that can allow users to quickly and easily create and launch their own personalised NFT trading platform free of cost.
Deploy on multiple blockchain protocols: Xircus allows users to deploy and manage their contracts on multiple blockchain protocols, giving them the flexibility and freedom to choose the best platform for their needs.
Accepts your tokens as app currency: Xircus enables users to accept their own tokens as app currency, allowing them to create a personalised experience when trading their NFTs.
Configure with any decentralized exchanges: Xircus allows users to configure their platform with any decentralized exchange, allowing them to offer their customers a secure and convenient way to trade.
Deploy and manage multiple contracts: Xircus allows users to deploy and manage multiple contracts, giving them the freedom to explore new opportunities and expand their customer base.
Link to product | Link to TFC listing
Envelop
“Add utility to NFTs in a few clicks."
Type of Product: NFT Creator Tool
Purpose of Tool: Envelop is a crosschain protocol that enables the storage of cryptocurrencies, other NFTs and other digital assets on the blockchain. It also provides creators with the ability to apply unique settings to their NFTs, such as royalties, replenishing the inner vault with transaction fees, or adding temporary time locks to deposited assets.
Fine Tune your NFT: allows users to make their NFTs smart in a few clicks by adding tokens, royalties, and time locks.
Access all in one: With the Envelop app, users can securely access all NFT markets in one place.
Crosschain: enables users to tokenize physical or digital objects, including financial NFTs, and trade them regardless of the blockchain.
Price discovery: The Oracle feature helps users to valuate and set the right floor price for their non-fungible tokens.
Protocol: Envelop wraps collateral, distributes royalties, and adds value from transactions to the wrapped collateral.
Team / Funding / Backers Info / Transaction Amount: ENVELOP had a successful in securement investments from Animoca Brands on October 2021, a global leader in the blockchain gaming and NFTs industry. Furthermore, ENVELOP has also received grant funding from Rarible, Polygon, Swarm, Harmony, and Near.
Link to product | Link to TFC listing
Push Chat
"Your decentralized, uncensorable & web3-native chat solution”
Type of Product: Web3 Messaging
Purpose of Tool: Push Chat is a web3-native messaging app that allows users to communicate with any wallet address on web3. It is a decentralized communication protocol that uses on-chain and off-chain notifications and chats. Push Chat is secure, fast, simple, and free, and is used by hundreds of protocols.
Messages: Push Chat enables users to send messages to wallet addresses on web3.
Gifs: Users can also share gifs with wallet addresses on web3.
Video Calls: Push Chat also allows users to make video calls to wallet addresses on web3.
Group Chats: Users can create group chats for their decentralized autonomous organizations (DAOs).
Token-Gated Groups: Push Chat also has the feature of token-gated groups, which enables users to discuss web3 things and negotiate on non-fungible tokens (NFTs).
Multi-Chain Support: Push Chat is live on Ethereum, Polygon and BNB with more chains (evm as well as non-evms) to come out soon.
Team / Funding / Backers / Other Info: Push Protocol (formerly EPNS) has enabled the transmission of more than 25 million notifications, with hundreds of protocols utilizing its services. This technology was developed at an ETH Global hackathon and was subsequently picked for Gitcoin KERNEL, where its first Gitcoin Grants campaign in GR7 was one of the five top projects, with more than 210 contributors.
On February 25, 2023, Push Chat was added to the platform, providing users with an additional service.
Link to product | Link to TFC listing
Daylight | Builder Community | Link to product
Yakoa | Events Tools | Link to product
Nested | Dev Tool | Link to product
Blowfish | NFT Tool | Link to product
Lenster | DEX | Link to product
Ethereum Foundation | Rust Engineer | Link to position
Nansen | Customer Success Manager | Link to position
Ankr | Sales Development Representative | Link to position
Celestia Labs | Security Engineer | Link to position
Opensea | Senior Full Stack Engineer | Link to position
Kraken | US Strategy Director | Link to position
Wintermute | Algorithmic Trader | Link to position
Moonpay | Lead Product Manager | Link to position
Web3Auth | Developer Relations | Link to position
Certik | Security Research Internship | Link to position
How was the newsletter today? Your feedback helps me make this great.
Loved it | OK | Didn’t Like
Anything you want to see? Fill out this form and let us know!
Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!
Gm Gm, Really loving this piece and the work you do on TFC. I also run a web3 news substack for underrepresented creators called Facesofweb3. Would you be open to a recommendation exchange? Our subscribers need to be able to find each other!
Great job, once again!