⚡ TFC Newsletter: 03/17/2023
Salesforce Launches NFT Loyalty Platform, Crypto App Downloads Surge, Web3 Community Tooling, Security, Arbitrum Dex, and more!
💡 Intro
🥳 Happy Friday! This week ends with a strong surge in the crypto markets with BTC right under $27k and ETH above $1700, even with the fallout from SBV.
Other positive Web3 highlights include: Arbitrum’s airdrop announcement, Fidelity’s crypto platform launching, Starbuck’s NFT drop, Meta creating a decentralized social app, and also Salesforce getting into NFTs as shown below.
But first: be on the lookout this weekend! We have 2 awesome guest posts coming up: one from Blockpour (a very useful multi-chain data analytics platform) and NiftyKit (an easy to use no-code solution for NFTs).
Loyalty and rewards are some of the best use cases of Web3.
As one of the largest marketing platforms: a company like Salesforce has the potential to onboard the biggest companies in the world into Web3.
That’s why it’s exciting that Salesforce said Wednesday it’s expanding its client services to include management of NFT loyalty programs.
“We’ve seen a lot of interest from customers who want to understand and tap into this new world of Web3 and NFTs. Unique digital assets like NFTs present new avenues for brands to tap into first-party data to build digital communities, create digital twins, and drive loyalty programs.” - Adam Caplan, Salesforce’s senior vice president of emerging technology
Crypto app downloads have surged following the recent string of bank failures.
The top 10 crypto apps for wallets and exchanges had downloads rise about 15% since SBV’s failure, according to a chart from data provider Apptopia.
At the same time: the top 10 banking apps have fallen in downloads.
Full chart below and report here from Techcrunch:
Soul Wallet / $3M— Soul Wallet, a smart contract wallet of the next generation, has recently raised $3 million through seed funding. Its latest “party” round saw participation from investors such as Struck Crypto, Game7DAO, NGC Ventures, Dispersion Capital, Alchemy, Ankr and Signum Capital. — TechCrunch
TeleportDAO / $2.5M — TeleportDAO, which provides infrastructure for building cross-chain applications for developers, has raised $2.5 million in seed funding. The funding round was led by Appworks and Definancex. — FinSMEs
Gaspack / undisclosed — Gaspack, a business launchpad, has raised funds in a pre-seed funding round that was led by eMerge and Arise. eMerge is an angel investors network of MDI Ventures. — Singapore Business Review
Code4rena / $6M — Paradigm, a crypto VC firm, has funded Code4rena with a $6 million token purchase. Code4rena is a decentralized autonomous organization that incentivizes independent auditors to hunt for bugs.— The Block
Ark / $16.3M — Ark Invest, a fund manager focused on innovation, has raised a total of $16.3 million that is split between the U.S. and the Cayman Islands. The ARK Crypto Revolutions U.S. Fund LLC raised $7.3 million while its counterpart in the Cayman Islands, ARK Crypto Revolutions Cayman Fund LLC raised almost $9 million. — The Block
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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.
Theia
"An all-in-one platform that connects you to your communities, without the hassle."
Type of Product: Community Platform
Purpose of Tool: Theia is a community platform that offers holders chats, feeds, token-gated IRL and virtual events, and more. By connecting a wallet to Theia, users are given exclusive access to a community for each collection they own. Theia also provides best-in-class security, AI-powered moderation, and a social graph of NFTs.
Chats: Theia provides holders with chats and a feed, allowing them to communicate and stay up-to-date with the latest news.
Token-Gated IRL & Virtual Events: Theia offers token-gated events both in-person and virtually, giving users the opportunity to attend events and interact with other members of the community.
Seamless User Interface: Theia provides a seamless user interface that makes it easy to navigate and use the platform.
Security & AI-Powered Moderation: Theia offers best-in-class security and AI-powered moderation to keep users safe and reduce spam.
NFTs as Social Graphs: NFTs on Theia serve as a social graph, allowing users to connect with thousands of people and share their content.
Team / Funding / Backers / Other Info: On March 1, 2023, Theia Labs successfully secured $100K in funding from Outlier Ventures. This was a Pre-Seed round and marked the first time the company had raised capital. Theia is also currently in beta.
Laurence Kong - Co-Founder, CEO
Rorke Kuttel - Co-Founder, COO
Nikita Steel - Co-Founder, CPO
Obinna Nnodim- Co-Founder, CTO
Link to product | Link to TFC listing
Dock Certs
“Issue and build solutions for Decentralized Identity and Verifiable Credentials"
Type of Product: Security
Purpose of Tool: Dock Certs allows users to protect their data and documents from manipulation and quickly verify their authenticity with just one scan. It uses cryptography and blockchain to ensure that all the data and documents are safeguarded from any potential fraud. Dock Certs also comes with its own digital identity wallet and a white-label wallet solution for organizations that don't have their own identity wallet.
Digital Documents and Certificates: prevents manipulation of documents and credentials by using verifiable QR codes. Users can quickly and easily verify the authenticity of any document or credential with one scan.
Solution Providers: provides an API that makes it easy to create blockchain-based verifiable credentials solutions. It also offers a white-label wallet solution that can be used by organizations that don't have their own digital identity wallet.
Financial Services: helps to improve the speed, security, and privacy of customer onboarding, KYC, and identity verifications.
Team / Funding / Backers / Other Info: On August 23rd, 2019, Dock, a Swiss company founded in 2017, raised $20 million in funding from over four rounds, the most recent of which being Web3 Foundation and Liquid 2 Ventures.
Elina Cadouri - Co-Founder & COO
Nick Lambert - Chief Executive Officer
Todd Scheuring - Head of Design
Link to product | Link to TFC listing
Vertex
“Trade, Earn & Borrow. All in one DEX."
Type of Product: Arbitrum DEX
Purpose of Tool: Vertex is a decentralized exchange created to provide users with the most efficient, secure and frictionless trading experience possible. Vertex also provides a range of features, including multiple UIs, a software development kit, integrated UX, and connection options for both web3 and web2 users.
Blockchain Selection: Vertex utilizes Ethereum and Arbitrum, an Ethereum L2 rollup, to offer a platform with high throughput, low gas fees and liquid markets.
Smart Contracts: Vertex’s contracts link spot, perp, and money markets together to provide optimal liquidity and trading opportunities.
Frontend Optimization: Vertex provides multiple UIs, including Vertex Lite and Vertex Pro, to cater to traders of different experience levels.
Vertex SDK: A high-quality software development kit to enable integrations by community builders and composability with other dApps.
Integrated UX: Vertex will offer seamless bridging and on/off ramp experiences directly in the dApp, allowing users to quickly move their assets in and out.
Team / Funding / Backers Info / Transaction Amount: On March 8, 2023, Vertex launched its API-only beta and their contracts were deployed on the Arbitrum mainnet. Vertex also recently opened applications for the 6th cohort of the Everest Ambassador Program on March 15, 2023.
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 an advanced NFT marketplace that offers a 0% trading fee. It aggregates liquidity from the popular marketplaces like Blur, OpenSea, X2Y2, SudoSwap, and LooksRare and provides a one-stop-shop for buying and selling NFTs with all the necessary analytics and data feeds in an easy-to-use dashboard.
Lowest Trading Fee: Magically offers the lowest trading fees compared to other marketplaces.
Easy-to-Use Dashboard: The dashboard on Magically is designed to make trading NFTs easier with all the necessary analytics and data feeds aggregated from the popular marketplaces.
Aggregated Liquidity: Magically aggregates liquidity from the popular marketplaces like Blur, OpenSea, X2Y2, SudoSwap, and LooksRare.
Accessible Platform: Magically is an accessible platform for users with the lowest trading fees.
For now, royalty support isn't available yet on Magically, but it's on its way!
Team / Funding / Backers / Other Info: On February 6th, 2023, Magically launched a training program to help people become skilled traders - Magically Academy. The Magically Academy program included tutorials and lessons to help users become familiar with the platform and gain the necessary knowledge and skills to make successful trades.
Link to product | Link to TFC listing
Ascenders | Metaverse Game | Link to product
NFTMyImage | NFT Tool | Link to product
Tropee | NFT Tool | Link to product
ORB | Social | Link to product
Web3.career | Jobs | Link to product
Messari | Sr. Backend Engineer, API | Link to position
Ripple | Marketing Analyst Intern (Summer 2023) | Link to position
RabbitHole | Senior Product Designer | Link to position
Gelato Network | Senior Partnership Manager | Link to position
Bebop | Front-End Engineer | Link to position
Wintermute | C++ Trading Platform Developer | Link to position
Phantom Wallet | Data Scientist | Link to position
Nethermind | UI/UX Developer | Link to position
Biconomy | VP Engineering | Link to position
Alchemy | Treasurer | Link to position
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Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!