⚡ TFC Newsletter: 03/16/2023
Arbitrum Airdrop Announced, Fidelity's Crypto Platform Launches, DeFi Analytics, Web3 Wallets, Web3 Development Kits, and more!
💡 Intro
Arbitrum’s airdrop is finally here! Arbitrum (L2 chain from Offchain Labs, which raised over $120M in funding) has announced the details of their upcoming airdrop on March 23rd and the plan to transition to a DAO.
If you’ve bridged onto Arbitrum in the past and used the chain: definitely check whether you’re eligible for an airdrop: this should be a valuable one.
More quick details below:
March 23rd is the date of the airdrop.
$ARB will be used to participate in the Arbitrum DAO.
Arbitrum is also launching Arbitrum Orbit, a framework for making L3s that settle to Arbitrum-based rollups.
Full thread direct from Arbitrum below, also the link to check Airdrop eligibility is here.
Beware of scams in the upcoming week. With the airdrop pending, scammers are out in full force. Always double check site urls and transactions.
Good news for crypto trading & adoption: On Wednesday, Fidelity (major financial platform, 37M users) launched their crypto platform.
Quick details:
BTC and ETH trading: The program is initially allowing investors to trade BTC and ETH on platform.
No waitlist: While previously in Beta behind a waitlist: now all retail investors on Fidelity can trade using Fidelity Crypto.
Commission Free: BTC and ETH transactions on app are commission free (though there is a 1% spread charged)
ShowMeta / $0.84M— ShowMeta, a Web3 gaming platform, successfully raised $840,000 in its first round of funding. — Tweet
Nuqtah / undisclosed — Nuqtah, the pioneering NFT marketplace platform in Saudi Arabia, recently closed a successful seed round of funding. — Business News Asia
Metalink / $6M — Metalink, a NFT portfolio management and social platform, recently secured a seed round of $6 million from prominent investors. — Yahoo! Finance
Ibanera / $18.5M — Ibanera, a digital banking and payments firm, recently received an $18.5 million capital investment from Emerchantpay Limited at a discounted valuation of $195 million. — Fintech Global
Staging Labs / $1.1M — Staging Labs, a crypto and web3 security provider, has announced the successful completion of its $1.1 million pre-seed funding round from various VCs. — TechCrunch
Vitraya / $4.1M — Vitraya Technologies, a healthcare-focused claim settlement platform announced the completion of its Series A funding round led by Xceedance and other investors and raised $4.1 million in total. — Coincu
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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.
tin.network
"Manage your DeFi and NFTs in one simple interface"
Type of Product: DeFi
Purpose of Tool: tin.network is a platform that provides users with a simple and convenient way to track and visualize all their assets, liabilities, and NFTs. It uses cutting-edge technology from Covalent to provide users with access to a variety of DeFi and NFT data across multiple blockchains.
Features of tin.network:
View candlestick charts of your tokens directly from the tin.network dashboard without needing to connect your wallet.
Fast and accurate detection across multiple wallets, with support for the Polkadot ecosystem soon to come.
Track an Exchange's proof-of-reserves from a single portfolio for free to increase transparency among centralized exchanges.
Share your portfolio between devices with just one click.
Team / Funding / Backers / Other Info:
Link to product | Link to TFC listing
Mirror World
“The first all-in-one full-stack Web3 App development platform"
Type of Product: Dev Tool
Purpose of Tool: Mirror World is a Web3 mobile ecosystem project looking to revolutionize the way crypto projects are built. It offers a comprehensive suite of features with its Smart SDK, including Smart Auth, Smart Wallet, Smart Marketplace and Smart NFT Creation - all designed to help developers create powerful multi-chain Web3 experiences for mobile and the web.
Smart Authentication: Mirror World provides user-friendly authentication with its Smart Authentication feature. This makes it easy for developers to create secure and private authentication experiences for their users.
Smart Marketplace: Mirror World's Smart Marketplace feature allows developers to manage and track assets, including NFTs and marketplaces. This makes it easier for developers to create and manage their own digital asset stores.
Smart Wallet: Mirror World's Smart Wallet feature provides an easy-to-use wallet service for developers. This makes it simpler for developers to manage their funds, as well as send and receive payments.
Team / Funding / Backers / Other Info: On March 11, 2022, Mirror World announced a $4 million seed funding round. The investment was co-led by Alameda Research, a leading crypto trading platform, Galaxy Interactive, a top entertainment investment firm, and Republic Crypto. Other investors included YGG SEA, Avocado DAO, Mirana Ventures, OK Blockdream Ventures, and more.
Link to product | Link to TFC listing
Orb
“Super App for Social Media"
Type of Product: Web3 Social
Purpose of Tool: Orb is a new social media app that combines the best features of existing social media platforms into one user-friendly and secure platform. With support for text, images, videos, and music, users are able to express themselves and share their interests with others. The Orb app also offers a decentralized structure, which ensures that users maintain control and ownership of their data without having to worry about privacy and security concerns.
Chat Feature: Users are able to connect and communicate with friends using the chat feature.
Communities Feature: Users can join groups with like-minded individuals and engage in conversations about their shared interests.
Decentralized Structure: Users maintain complete control and ownership of their data, as the app is structured in a decentralized manner. This ensures that users can trust the privacy and security of their data.
Text, Images, Videos and Music Support: The Orb app allows users to express themselves by sharing text, images, videos and music.
Team / Funding / Backers Info / Transaction Amount: A few days ago on March 11, 2023, orb launched an exclusive community for ETH Denver participants that quickly gained over 50,000 interactions. In response, Lens Protocol whitelisted all of the participants to claim their handles and check out the orb app.
Link to product | Link to TFC listing
ZenGo
"Upgrade to the most secure crypto wallet”
Type of Product: Wallet
Purpose of Tool: ZenGo is a self-custodial wallet that offers unparalleled security and convenience. It enables users to protect and manage their cryptocurrencies and NFTs with the most secure crypto wallet. ZenGo has features such as MPC security, a guaranteed recovery model, a built-in Web-3 firewall, and 24/7 customer support.
Multi-Party Computation (MPC) Security: ZenGo’s MPC security is an industry-first, enterprise-grade security technology that divides the responsibility of signing blockchain transactions between the user and the wallet, so that neither party sees the other's secret information.
3D FaceLock: ZenGo’s 3D FaceLock feature allows the user to unlock their wallet with the power of facial recognition.
Guaranteed Recovery Model: With ZenGo’s guaranteed recovery model, users can restore their wallet on any phone or tablet.
Web3 Firewall: The Web3 Firewall helps users protect their wallet by monitoring and alerting them to any unusual requests.
Team / Funding / Backers / Other Info: ZenGo, founded in 2017, closed a Series A funding round of $24M on May 2, 2022. This brings the total amount of funding raised to $52M including it’s previous funding of $20M in 2021, and $4M in 2019.
The company is led by its founders CEO Ouriel Ohayon, CTO Tal Be'ery, and VP of Research Omer Shlomovits.
Link to product | Link to TFC listing
HowRare.is | NFT Tool | Link to product
Invisible College | Education | Link to product
Freckle Triva | Metaverse game | Link to product
Anmol Network | Dev Tool | Link to product
DeBank | Portfolio | Link to product
APY.vision | Principle Senior Developer | Link to position
Slingshot Finance | Community Manager | Link to position
Safe | Product Marketing Manager | Link to position
Crypto.com | Accounting Associate | Link to position
Enjin | DevOps Engineer | Link to position
Magic Eden | Communications Lead | Link to position
Chorus One | Platforms Engineer | Link to position
Aldrin Labs | Head of Engineering | Link to position
Kraken | Sales & Business Development Lead | Link to position
Coinshift | Data 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!