⚡ TFC Newsletter: 04/18/2023
OpenSea Overtakes Blur in DAUs, DeFi Yield Tracking, Web3 Rewards Platform, Decentralized Info, and more!
💡 Intro
OpenSea Pro Takes The Lead Over Blur For DAUs: Following the launch of OpenSea Pro, OpenSea has once again taken the lead from Blur for active NFT traders using aggregators.
Another interesting stat to note: OpenSea is now matching Blur in USD volume.
OpenSea Pro has been very popular shown by OpenSea’s aggregator volume doubling since OpenSea Pro’s launch (OpenSea owns both Gem and OpenSea Pro)
OpenSea Pro is a great tool, but this jump is likely due to traders moving onto the platform to earn rewards.
OpenSea has stated that early users WILL be rewarded for activity on the platform. They even have a label at the top of the platform saying this.
So if you’re looking for a way to earn rewards for trading: you might want to try out OpenSea Pro.
EVEN / $2.20M — CSA Partners led a seed round of $2.2 million for EVEN, a creative music platform built on blockchain. — Tech Crunch
Medieval Empires / $3.0M — DWF Labs led a funding round that raised $3 million for Medieval Empires, a blockchain strategy game. — Medieval Empires Blog
Fractal Protocol / $6M — Fractal, an open source protocol with zero-margin, recently secured $6 million in seed funding through a round led by Hack VC. Other notable investors include 6th Man Ventures (6MV), Archetype Ventures, Avalanche Ecosystem Fund, Blizzard Fund, Circle Ventures, and more. — PR Newswire
Pillz / Undisclosed — Xsolla, a payment platform for gaming, has invested in Pillz, a fashion startup that operates in the "phygital" space. The investment will provide the necessary funds for Pillz to launch its product and prepare for mass production. — VentureBeat
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👉 Brought to You by Cryptosteel: the premier backup tool for your cryptographic private key or seedphrase.
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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.
Nanoly
"Today’s best vaults and APY on DeFi"
Type of Product: DeFi Analytics
Purpose of Tool: Previously Coindix, Nanoly is a platform that helps users access the best places to farm or stake their tokens to receive the greatest returns or APYs. This platform allows users to make the most of their investments due to its support of various chains, although there is always the risk of fluctuating prices and rates. Nanoly is a great tool for those looking to maximize their returns on DeFi farming.
Very useful DeFi tool for tracking yields. We use it to track by chains, filter by yields, chains and protocols.
They also have 60+ protocols on the platform.
Team / Funding / Backers / Other Info: On September 26, 2022, Nanoly announced its rebranding from Coindix. Nanoly also tracks +10,000 vaults on 63 protocols through 27 chains.
Link to product | Link to TFC listing
Xclaim
“Crypto in Bankruptcy? Trade Your Claim for Cash"
Type of Product: Claims
Purpose of Tool: Xclaim is a public marketplace to trade crypto assets locked by bankruptcy. It provides an exchange for bankruptcy claims against crypto companies, giving users access to real-time market values and the potential for quick recoveries. Through its powerful matching engine, Xclaim guarantees fair and accurate pricing for all users.
😅 A tool you *hopefully* will never have to use!
They just raised $7M this week and are worth remembering, just in case.
Zero fees for claim holders: Xclaim offers completely free registration, listing, selling, transferring of claims, and access to resources on the Xclaim Marketplace.
Security: Xclaim independently verifies each capital provider before they are registered to purchase claims, ensuring that transactions are secure.
Ease of use: The Xclaim platform allows users to track portfolios, explore out-of-court settlement opportunities, and negotiate with buyers. This makes the process of liquidating shares easy and efficient.
Risk mitigation: With the Xclaim Marketplace, users can eliminate risk and eradicate existing marketplace inefficiencies.
Team / Funding / Backers / Other Info: On April 12, 2023, Xclaim was the recipient of a $7 million Series A investment. This funding was spearheaded by venture capitalist Josh Jones, as reported by FinSMEs. Xclaim has achieved considerable success, having listed over $600 million of cryptocurrency claims from global customers, with trading of these claims exceeding $200 million.
Link to product | Link to TFC listing
RSS3
“RSS3 Bridges Web3 to AI, Search, Feed, and Beyond"
Type of Product: Web3 Information
Purpose of Tool: RSS3 is an innovative information dissemination protocol designed to facilitate an open, efficient, and secure flow of information on the Open Web. It uses the RSS3 API to communicate with developers and provide efficient access to information. Additionally, RSS3 decentralizes information distribution and enables users to become their own information distribution centers by providing them with an RSS3 file.
User Profile: RSS3 provides every user with an RSS3 file, which serves as the source data of their profile and contains a constantly-updating feed.
Decentralized Network: RSS3 is built with a special decentralized network that is optimized for information processing.
Governance: The RSS3DAO is responsible for managing all aspects of the RSS3 network, including token usage for global indexer and serving node elections, maximum file limits per serving node, and incentive management.
On April 9, 2023, RSS3 unveiled their AI Open Platform (AIOP). AIOP is designed to provide a comprehensive and accessible way for individuals to experience the advantages of AI technology. From AI-ready data to AI training, users can easily explore the possibilities of AI with AIOP.
Team / Funding / Backers / Other Info: On April 9, 2023, RSS3 unveiled their AI Open Platform (AIOP). AIOP is designed to provide a comprehensive and accessible way for individuals to experience the advantages of AI technology.
Following the unveiling of AIOP, RSS3 has successfully secured $10 million in funding through a token sale from DWF Labs, a major investor in the Web3 space.
Link to product | Link to TFC listing
Zealy
"A simple, fun & creative way to join trendy communities, make an impact and earn rewards.”
Type of Product: Web3 Rewards
Purpose of Tool: Zealy is a platform that helps web3 communities increase engagement and grow by incentivizing members to complete quests. It is used by numerous blockchain games, digital asset marketplaces, DeFi protocols, and even some web2 companies. Zealy offers an easy way to onboard, educate, entertain, and expand an online community quickly and effectively.
Create Your Community: Setting up a Zealy community is simple and intuitive. All you need to do is visit the website and click on ‘Create your community’. You’ll be asked to choose a subdomain and select tags and goals to customize your experience.
Creating Your First Quest: As the administrator, you can create a task for your community members and assign rewards for completion. Rewards can be XP, Discord roles, tokens, or NFTs. As of today, you’ll need to send out rewards manually, but soon the platform will automate this process.
Export History CSV: To make sending rewards easier, Zealy offers a History CSV export feature. This document includes information like the rewards and addresses of users who have completed quests.
Team / Funding / Backers / Other Info: On April 4, 2023, Crew3 shifted its focus to a larger scope and rebranded itself as Zealy. Last year, a number of investors contributed to the startup's success, with Redalpine leading the way with a $3.5 million funding round.
Zealy has seen great success in bringing new users to their platform, with 700,000 monthly active users having completed 100 million tasks to date. Initially catering to web3 projects, Zealy has since expanded to include more traditional companies such as Renault and PMU, with 2,000 companies now using the platform.
Link to product | Link to TFC listing
Yakoa | Events Tools | Link to product
Nested | Dev Tool | Link to product
Blowfish | NFT Tool | Link to product
Lenster | DEX | Link to product
Coinshift | Senior Backend Engineer | Link to position
Subspace Labs | Metaverse Technical Content Writer | Link to position
Cere Network | Technical Product Manager | Link to position
Nascent | Full Stack Developer | Link to position
Ledger | Software Development Engineer in Test (SDET) | Link to position
IOV Labs | Head of People Experience | Link to position
Kraken | Sales & Business Development Lead (Indices) | Link to position
ConsenSys | Senior Backend Java Developer | Link to position
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Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!