⚡ TFC Newsletter: 04/24/2023
Uncovering Web3 Adoption Trends by Brands, Visa Launching Ambitious Crypto Roadmap, Web3 Security, Crypto Analytics, and more!
💡 Intro
🥳 Happy Monday!
This week is Consensus, one of the largest crypto conferences of the year.
Some of the speakers include: the CEO of Yuga Labs, the CEO of Circle, Balaji, GPs from a16z,
, and more: so there should some big announcements coming from the convention.As always: we’ll keep you updated on the important ones!
But first: let’s start the week with some good news:
2022 and 2023 showed major investment into Web3 initiatives by big brands: This report from NFTTech does a fantastic job of showing data from those initiatives.
Over 315 brands launched Web3 projects in 2022 → Q1 2023. There’s so many that even we didn’t track some of them!
The most popular blockchains brands chose were ETH and Polygon, by a wide margin.
Many trademarks related to Web3 were filed, with a massive increase from 2021 → 2022.
All good news for Web3 adoption!
Speaking of more good news for Web3 adoption…
Visa is launching an ambitious crypto roadmap: As the Head of Crypto at Visa, Cuy Sheffield tweeted about new initiatives at Visa around stablecoin payments & public blockchain networks.
Why This Matters:
Technical advancements are still much needed for the space to move forward.
Major companies like Visa spending their time & resources on blockchain = greater advancements for the space.
And if you’re looking to work in Web3, checkout the link below to the reqs!
Vega / $2M — Arcane Group has led a seed funding round for VEGA, an NFT collection project, which has raised $2 million. Notable investors such as New Wheel Capital also participated in the funding round. — Tweet
SuperDuperSecret / $1M — Round13 Digital Asset Fund, Merit Circle, Polygon, Solana, Overwolf, Big Brain Holdings, and LD Capital have backed SuperDuperSecret Co., a multiplayer casual games studio, in a Pre-Seed funding round that raised $1 million. — VentureBeat
Playbux / $2M — Binance Labs led a $2 million seed funding round for Playbux, a metaverse platform that features a Shop & Earn system. — Foresight News
Flow / $3M— Nima Capital has led a $3 million seed funding round for Flow, a rollup-centric NFT ecosystem. Shima Capital and other industry heavyweights also participated in the funding round. — BeInCrypto
Ktalk / $2M — East British East Asia Holdings and a Malaysian sovereign fund have led a $2 million seed funding round for Ktalk, a WEB3 social function aggregation platform. — Tweet
Sphere 3D / $3M — Sphere 3D, a net carbon-neutral cryptocurrency miner, has signed a securities purchase agreement with LDA Capital Limited to secure up to $3 million in capital. — Seeking Alpha
Gomble / Undisclosed — Gomble, a blockchain-based casual game developer, has completed its first seed funding round, which was led by BinanceLabs, Spartan, and Shima Capital. — KED Global
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 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.
Push Protocol
"The Communication Protocol of Web3."
Type of Product: Web3 Notifications
Purpose of Tool: Push Protocol is a decentralized communication network built on web3 technology. It allows users to receive notifications and messages across different chains, as well as between wallets, dapps, and services. Push Protocol enables users to securely connect to applications and receive personalized notifications depending on the activity on- and off-chain.
Mostly used for Web3 project to add messaging into their dapps.
But on the consumer side: their platform has some super useful utility. They aggregate messages from protocols like Lens, Snapshot, DAOs, and more.
So instead of checking each of those: you only need to check their platform.
Cross-Chain Notifications and Messaging: Push Protocol allows users to send and receive notifications and messages across different chains and between wallets, dapps, and services.
Push DApp: Push Protocol users can connect to the Push DApp and opt-in to channels to receive notifications about protocols that are relevant to them.
Various Use Cases: Push Protocol notifications can be used for a variety of purposes, including governance, loan pool and staking, and marketing-related notifications, among many others.
Interoperability: Push Protocol can be integrated into many crypto frontends, and users can also access the protocol via a browser extension, mobile app, or the Push DApp.
Team / Funding / Backers / Other Info: Push Protocol has already sent 25 million notifications and has over 70,000 subscribers, 450+ Total Push Integrations, and has given out over $1 million in grants.
Link to product | Link to TFC listing
Skynet for Community
“Web3 Security, Due Diligence and Insights"
Type of Product: Analytics
Purpose of Tool: Skynet for Community is a platform developed by CertiK that provides users with a wealth of tools for analyzing, tracking, and understanding Web3 projects. It includes the Smart Money Wizard which is an advanced tool for researching on-chain transactions with its Wallet Analyzer dashboard. This dashboard offers users a range of features for studying wallet characteristics, portfolio composition, wallet relationships, and trading activity.
Cool new platform launched by Certik (one of the leading platforms in crypto security).
Worth checking out, as it aggregates a number of useful on-chain signals into their free dashboards.
General Information: This features provides a basic overview of wallet attributes, such as the estimated balance, the number of transactions engaged in, the total incoming and outgoing volume, the number of token types, and the number of related wallet addresses.
Token Portfolio: Token Portfolio displays the composition of a wallet’s portfolio, including the token allocation by individual tokens and by ecosystem, and the portfolio value over various time periods. It also includes a Pie Chart visualization for easy viewing.
Wallet Relationship: This feature reveals other wallets that have recently engaged in transactions with the wallet being viewed, and displays the transaction volume, transaction number, direction of these transactions, and when it occurred. It also includes a Wallet Relational Graph for visualizing these interactions.
Token Trading Analysis: Token Trading Analysis is a powerful tool for analyzing token transactions. It includes a line graph that tracks the number of transactions and the value of those transactions over various time periods.
Team / Funding / Backers / Other Info: On April 22, 2022, CertiK, with Ronghui Gu as its founder and CEO, secured $60 million in a funding round backed by SoftBank Vision Fund and Tiger Global. This round of financing followed the $88 million round led by Insight Partners, which took place two weeks prior and valued the company at $2 billion.
Link to product | Link to TFC listing
Blowfish
“Proactive defense for Web3 wallets"
Type of Product: Security Tool
Purpose of Tool: Blowfish is an advanced security engine designed to protect users’ funds from fraud and theft. It works through the browser extension in combination with a crypto wallet, allowing users to safely mint, transfer, swap and stake without fear.
With its powerful fraud detection engine, users can trust in the continually evolving platform to keep them safe. Blowfish also offers multi-chain support, protecting users on Ethereum, Polygon, Solana, BNB Chain, and Arbitrum, with more chains coming soon.
Gives users peace-of-mind with protection against malicious transactions, decreased churn and negative reviews, and the elimination of thousands of support tickets
Powerful Fraud Detection Engine using transaction analysis and machine learning to detect fraud from multiple angles
Continually Evolving fraud detection engine that learns faster than scammers can shapeshift
Multi-Chain Support protecting users on Ethereum, Polygon, Solana, BNB Chain and Arbitrum, with more chains coming soon
Team / Funding / Backers / Other Info: In 2022, Blowfish scanned over 200 million transactions, blocked 20 thousand malicious ones, and made sure 500 thousand users were kept safe.
And on April 17, 2023, Bitski Wallet collaborated with Blowfish to provide users with a safe and easy-to-use experience through simulated transactions.
Link to product | Link to TFC listing
Vulcan
"Build active, engaging, Discord communities for web3”
Type of Product: Community Management
Purpose of Tool: Vulcan is a security-focused Discord solution that allows web3 teams to easily verify, activate, engage and support their holder communities. It is the most secure and powerful tool currently available, offering a variety of features such as instant token verification, sales bots, support tickets, captcha, member intelligence dashboard, floor bot, art bot, in-discord premint raffles and more.
Instant Token Verification: Holders do not need to connect a wallet, will not be sent DMs, and will not be asked to click links. And thanks to our deep integration with PREMINT, most of the time your holders can be verified instantly without ever leaving Discord.
Auto-post Sales Directly into Discord: Vulcan makes it easy for you or your holders to post relevant content directly in stream. Post new sales of your collection into collection-specific channels.
Stop Bots from Joining Your Server: Easily protect your server from bots with built in CAPTCHA feature. Once enabled, new members will be asked to solve a captcha to access the server.
Team / Funding / Backers / Other Info: On April 18, 2023, the creators of Vulcan announced a major upgrade to the platform, and to celebrate, they are offering a free NFT, XCOPY's Max Pain. Everyone is welcome to enter the giveaway, with no purchase required. Learn more by clicking here.
Link to product | Link to TFC listing
NFT Scoring | Builder Community | Link to product
ThirdWeb | Events Tools | Link to product
BlockWallet | Dev Tool | Link to product
Across | NFT Tool | Link to product
Cookbook | DEX | Link to product
Status | Senior DevOps Engineer | Link to position
Phantom | Software Engineer – Frontend | Link to position
Edge & Node | Product Engineering Manager | Link to position
Cere Network | Marketing Specialist | Link to position
Nethermind | Distributed Systems Engineer | Link to position
Gelato Network | Product Manager | Link to position
Offchain Labs | Developer Relations Advocate | Link to position
DappRadar | Senior Backend 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!