⚡ TFC Newsletter: 04/21/2023
Arkham Intelligence Beta Giveaway, Arbitrum Passes 200M Transactions, Web3 Notifications, NFT Shorting, and more!
💡 Intro
🥳 Happy Friday! Another strong week in crypto & web3 with:
BTC breaking over 30k (before receding back to ~28k currently).
Many exciting Web3 funding rounds being announced.
Some strong NFT launches (though major blue chips are down bad).
Drops from major brands including Nike and Starbucks going well.
Have a good weekend and see you all Monday!
Arkham Intelligence is a super strong analytics platform that we’ve been heavily using for the past month.
Having proper analytics + alerts is one of the most important parts of trading in crypto. And Arkham supports both of those in a massive way.
What We Like About The Platform:
Alerting:
It’s easy to set alerts for our own wallets, which means we know when transactions occur (NFT sales, confirming a transfer went through, etc)
It’s also easy to whale watch and get alerts when they trade, which has been super useful for tracking addresses that are successful meme coin traders
Dashboards:
Super simple to setup custom dashboards, which we primarily use for portfolio tracking
We also use their dashboards to track a number of high performing trader addresses
Momentum
The platform is getting a ton of buzz (including from Consensus, shown below). Which gives us early Blur vibes, before it went mainstream with their airdrop.
The company has closed $12 million in funding, and is set to exit beta and launch publicly by the end of 2023.
👉 They’ve also hinted at doing an airdrop towards EOY, making it important to have activity on their platform now.
They’re currently in closed Beta. But: we have some codes to give away to the TFC Community!
How You Can Get Access:
If you’re a TFC Rewards Club member: Just reply to this email with the email address you’d like added: we’ll send you an invite!
If you’re a general TFC reader: You can still enter! We have 3 codes to giveaway, the first 3 replies to this email we get, will receive the invites! So be fast 👟!
This week: Arbitrum (L2 chain) crossed 200 million transactions and four million users total users.
Even with their airdrop completed, transactions have been increasing: a good sign for chain health.
Why This Matters:
Competition across L2s is strong: many chains are competition for the same kind of “low fee” traffic.
Strong levels of transactions after their airdrop = signs of strength for Arbitrum as a whole.
This level of activity will bring more builders/dapps onto the chain. Bringing more users, which causes a positive cycle of growth.
MetaGravity / $9.5M — MetaGravity, a game studio focused on blockchain technology, has secured $9.5 million in Seed funding from various investors including Sino Global, The Spartan Group, and Market One Capital. — FinSMEs
Nayms / $12M — A marketplace for on-chain insurance called Nayms has completed a private funding round, raising $12 million and achieving a valuation of $80 million. — PR Newswire
Accredify / $7M — Provider of verifiable credentials issuance, Accredify, has secured $7 million in Series A funding from a group of investors led by iGlobe Partners and SIG Venture Capital. — TechCrunch
P2P Validator / $23M — P2P Validator Provides Non-Custodial Staking Services For Professional Investors, it has raised $23 million in Series A funding round from a trio of crypto industry heavyweights. — Yahoo Finance
Tableland / $8M — Decentralized cloud database Tableland has raised an $8 million Series A led by crypto-focused investment firm CoinFund. — CoinDesk
Shield / $2.1M — Shield, a security company focused on protecting users from online scams, has raised $2.1 million in pre-seed funding. — CoinDesk
Berachain / $42M — Berachain, a layer 1 blockchain focused on decentralized finance (DeFi), disclosed Thursday (4/20) its $42 million Series A at a valuation of $420.69 million.led by Polychain Capital. — CoinDesk
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If you’re a builder, investor, or crypto enthusiast, this will benefit you!
👉 Brought to You by Cryptosteel: the premier backup tool for your cryptographic private key or seedphrase.
The Cryptosteel Capsule is a pocket-sized stainless steel device designed to securely store keys or seedphrases (its a physical set of steel letters)
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.
Yoz Labs
"Simplifying web3 notifications. No SDK required. No UI to build."
Type of Product: Web3 Notification Platform
Purpose of Tool: Yoz Labs is a Web3 notification platform that simplifies user notification by offering a “low-to-no code interface” that only requires a smart contract to get started. It allows users to quickly and easily get up and running with their notifications.
Hassle-free Configuration: With Yoz Labs, users can easily configure their notification with just their smart contract. They don't have to worry about complicated setup and can get started right away.
Tailored Notifications: Yoz Labs allows users to use on-chain events to trigger custom alerts for users. They can also choose their notification delivery channels, so they can get their notifications where they want.
Multi-channel Delivery: Yoz Labs makes it easy to integrate with existing messaging apps and provide a seamless user experience. Plus, users don't need any extra apps to use it.
Live Performance Stats: Yoz Labs also provides delivery conversion, error detection, subscriber insights, and other performance stats, so users can monitor their notifications and make sure they're functioning properly.
Team / Funding / Backers / Other Info: On April 19, 2023, Yoz Labs secured $3.5 million in funding from several venture firms and angel investors. The round was led by early-stage venture firm Electric Capital, with additional contributions from Collab+Currency, Coinbase Ventures, Dapper Labs, Form Capital, North Island, Mike Krieger and Naval Ravikant.
Link to product | Link to TFC listing
EthereumPrice
“Ethereum Gas Price Charts & Historical Gas Fees"
Type of Product: ETH Gas Analytics
Purpose of Tool: EthereumPrice is a website that provides users with up-to-date information about the Ethereum gas price and other important updates in the Ethereum ecosystem. It also offers charts for Ethereum gas price over time as well as historical gas used and heatmaps.
Useful tool for tracking ETH gas prices & figuring out when they’re typically lower (so you can pay less for txts)
Additionally, EthereumPrice also provides data on Ethereum ERC20 token prices, BTC, XRP, and other coin prices that are updated every minute in real-time.
Features of EthereumPrice:
Ethereum gas charts: Provides charts for the Ethereum gas price over time, as well as historical gas used and heatmaps.
Price updates: Prices are updated every minute in real-time and the open/close prices are recorded at midnight UTC.
Gas price data: Gas price data is provided by gasnow.org. Charts are set to the local timezone.
Team / Funding / Backers / Other Info: Michael Wittmeyer and Kendall Kendall are the co-owners Milkroad and EthereumPrice.org.
Link to product | Link to TFC listing
Bubblemaps
“Innovative Visuals for Blockchain Data"
Type of Product: Analytics
Purpose of Tool: Bubblemaps is an innovative supply auditing tool designed to make blockchain data more accessible. Its vibrant bubbles allow users to gain insight into the connections between different crypto wallets. This allows users to identify any potential whales or detect signs of wash trading, wallet-splitting, and voting power manipulations. Bubblemaps is used by a variety of ecosystems, such as NFT marketplaces, blockchains, analytical tools, and more.
Visually Appealing: Bubblemaps make on-chain data easy to understand with its unique and colorful bubbles.
Whale Detection: Bubblemaps allows users to detect whales by revealing any connections between different crypto wallets.
Wash Trading Prevention: The tool helps to reduce wash trading by allowing users to easily identify any potential manipulation of token prices.
Voting Power Analysis: Bubblemaps can be used to analyze voting power and detect any signs of manipulation.
Team / Funding / Backers / Other Info: Bubblemaps is trusted by industry-leading projects such as Beefy Finance and ParaSwap. By using Bubblemaps, these projects are able to gain insights into holders' behaviour, get actionable market insights, and demonstrate transparency to their communities.
Nicolas Vaiman - CEO & Founder of Bubblemaps
Link to product | Link to TFC listing
NFTPerp
"Long or short NFTs”
Type of Product: NFT Perp Exchange
Purpose of Tool: NFTPerp is a perpetual exchange for Non-Fungible Tokens (NFTs) built on Layer 2 Arbitrum. It provides traders with the ability to speculate on the floor prices of a variety of NFT projects. It also uses a Virtual Auto Market Maker (vAMM) mechanism, which allows traders to go head-to-head (PvP) in order to speculate on the floor prices of NFT projects like Bored Ape Yacht Club, CryptoPunks, and more.
The features of NFTPerp are currently in a Private Beta.
Create a Long/Short position
Lever adjustable up to 5x Funding rate
Minimum Slippage 0.5%
The volume of position creation according to investor's needs (paid in $WETH)
Trollbox chat frame
Frame showing position, transaction history and Funding rate history
Team / Funding / Backers / Other Info: On November 2022, NFTperp had a successful seed round of funding, managing to collect a total of $1.7 million from various investment firms. Although these entities weren't particularly well known, the money raised will provide much needed support for the development of NFTperp in its early stages.
Link to product | Link to TFC listing
Magic Eden | Product Management Lead | Link to position
Chainalysis | Product Designer | Link to position
Blockdaemon | Sales Executive | Link to position
Quicknode | Senior Support Engineer | Link to position
Polygon | Treasury Manager | Link to position
Dune Analytics | Head of Growth | Link to position
Optimism | Governance Operations Coordinator | Link to position
Solana Foundation | Social Media Strategist | Link to position
Orb Labs | Marketing & Community Management | Link to position
Circle | Content Writer Intern | Link to position
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Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!