⚡ TFC Newsletter: 05/05/2023
OpenSea Pro Adds BubbleMaps, Stripe Adds Hosted Fiat-To-Crypto Onramp, NFT Lending Aggregators, NFTTracking, and more!
💡 Intro
OpenSea Pro Integrates BubbleMaps: OpenSea Pro has integrated Bubblemaps, a data visualization tool that simplifies understanding of blockchain data for DeFi tokens and NFTs.
The tool allows users to view the top 150 holders of a collection and their on-chain relations and activities.
👉 We’ve posted about BubbleMaps many times on TFC, as it’s useful for traders to discover wallet details that can point to a token being a rug and/or dumpable.
🐸 For Memecoins the past 2 weeks: BubbleMaps has been particularly useful to us for trading and avoiding rugs.
In the same way that it can show potential red flags for tokens, it can be used for NFTs (and now directly within OpenSea Pro which is great).
Stripe Adds New Crypto Onramp: Just yesterday, Stripe announced their new hosted crypto checkouts system.
This allows Web3 companies to direct customers to a Stripe-hosted onramp for purchasing cryptocurrencies, in addition to the previously available embeddable onramp.
Why This Matters:
Stripe is valued at $50B and is a major online payments company: This means many merchants use Stripe and now can easily accept crypto payments
It will be easier for new Web3 users to enter the space: Many entrants into Web3 onboard with fiat and then buy crypto.
It streamlines identity verification and fraud prevention: Fraud and liability are common concerns for merchants and this update will encourage more merchants to accept crypto transactions.
MovEX / Undisclosed — MovEX, which offers trading and liquidity provision services, has received an investment from Mysten Labs and plans to expand its on-chain finance offerings on the Sui platform. — Tweet
TMS Network / $5M — TMS Network (TMSN), a new type of decentralized exchange, has reached its stage 3 presale and secured $5 million in funding. — Analytics Insight
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 Arch: accelerating financial progress for alternative asset holders. A word from our sponsor below:
Unlock the Power of Your Crypto - Arch, a crypto lending platform, enables crypto investors to secure a single loan collateralized by various holdings, all safely stored by top custodian BitGo.
Some of their platform features include:
Fixed-rate term loans at 9% APR against all crypto portfolio.
Loan Calculator: Easily see loan qualifications
Portfolio Tracking
Pre-IPO Equity Loans
Join the Arch community today and take your crypto holdings to the next level.
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.
SnowGenesis
"The Insights Layer for NFT Financialization."
Type of Product: NFT Lending Aggregator
Purpose of Tool: SnowGenesis is a service that provides users with real-time information about NFT trending collections, sales of NFTs, lending data of NFTs used as collateral in various third-party protocols, and blockchain data. It is a platform that enables users to discover and track NFTs in one place.
The NFT Lending space is heating up, with Blur’s launch of “Blend” this week.
We’ve featured SnowGenesis in the past before, but they’v added new features since then and are worth using if you’re into NFT lending (and want to know the best rates across NFT lending platforms).
NEW FEATURE - Borrower Liquidity Discovery via Collection Offers: This feature allows users to find out how much they can instantly borrow against their NFTs. It aggregates data from top NFT lending protocols, giving users an easy way to discover their NFTs' borrowing power.
Loan Listings Discord Channel in Beta: SnowGenesis has integrated the NFT Loan Listings bot in its Discord server, enabling users to receive notifications whenever a new loan listing is available on Arcade.xyz, NFTfi, and X2y2.
Trending Tab: SnowGenesis offers a convenient way for users to view what collections are currently trending based on sales or volume and different time periods.
Sales and Collection Metadata: This essential feature enables traders to quickly view recent sales for a particular collection.
Pending Transactions: Users can utilize the Pending Transactions feature to gauge the popularity of a specific collection by observing its active trading activity. Users can obtain real-time insights into whether a collection is in high demand.
Favorite Tab: The Favorites tab enables users to save up to 10 of their favorite collections by simply searching for a collection and marking it with a star.
Team / Funding / Backers / Other Info: SnowGenesis’ future plans include an execution layer for lenders, borrowers, and traders to take action. Check out some of their exciting ideas they have in mind here: Link
Link to product | Link to TFC listing
NFTTrack
“Follow the Top BFT Whales to earn!"
Type of Product: NFT Analytics
Purpose of Tool: NFTTrack helps you find potential alpha NFTs in various NFT marketplaces such as Opensea, Gem, and Coinbase. By logging in with your crypto wallet, you can easily track NFTs, get real-time alerts, and stay updated on the latest market trends.
Track NFTs with ease: With NFTTrack, you can track NFTs by monitoring your crypto wallet address and stay alerted of NFT whales' activities. You can easily find Whales who are good at short-term trading and track those who have earned high ROI in the last 30 days.
Get real-time alerts: NFTTrack will keep you updated with the latest floor price and send you custom floor price notifications. You can also get FOMO minting and trading notifications, making sure you never miss out on any investment opportunities.
Stay informed: You can keep track of your Twitter friends' NFT activities and discover new NFT investment trends and minting opportunities. You can search by NFT collections, Twitter, ENS, and address, making it easier to find the right NFTs for you.
Follow the NFT whales: NFTTrack provides you with all the necessary information about NFT whales' flip rate, ROI, profits, total value, total cost, trading history, sold price, holding time, average cost, and PnL.
Stay updated on blue-chip NFTs: NFTTrack also provides you with a line chart of blue-chip index, blue-chip owners' position and item changes, and the distribution of blue-chip owners.
Team / Funding / Backers / Other Info: NFTTrack's statistics show a continuously increasing number of 60K+ NFT whales and 110K+ NFTs, with new features being added every month. The Alpha TEST of NFTTrack's desktop version is now available.
Learn how to apply for access here: Link
Link to product | Link to TFC listing
NFTBank
“Update your NFT finance journey with the most accurate NFT valuation."
Type of Product: Portfolio Tracking
Purpose of Tool: NFTBank offers a reliable NFT portfolio management platform that leverages a robust ML model for precise NFT price evaluations. It delivers the most precise net worth overview of users' portfolios, with extensive coverage of over 1,800 projects and growing.
Track NFT and DeFi Portfolio at Once: With NFTBank, users can check the total net asset value of their NFT portfolio, along with information on revenue, spending, and ROI. They can also check their ETH balance..
Spot the Hottest Opportunities: NFTBank enables users to explore the most popular NFT collections in the market and find NFTs listed below the estimated price, powered by NFTBank's highly accurate ML model.
NFT Price Estimate like Never Before: NFTBank's world-class ML model estimates the value of NFTs, and users can check the prediction accuracy and rarity score of each NFT for over 5000 collections.
Check Your NFT Borrowings at Portfolio: For users who use NFT as loan collateral, NFTBank provides a whole list of NFT loans and details (Loan terms, price changes) in their portfolio, updated hourly.
Get a Timely Reminder of Changes in Your NFTs: Users can receive timely notifications to respond to the volatility and protect their favorite NFTs. This feature helps users stay on top of their NFT portfolio and make informed decisions.
Team / Funding / Backers / Other Info: NFTBank is backed top industry players such as DCG, 1kx, Hashed, Sequoia Capital, FTX Ventures, Alameda Research, Sfermion, and Bitkraft.
On April 19, 2021, Hashed, a blockchain investment company, joined Digital Currency Group and 1kx to invest in NFTBank.ai, a portfolio management platform for non-fungible tokens (NFTs). The seed round raised $1.4 million.
Link to product | Link to TFC listing
DAOmeter
"A Rating System for your DAO”
Type of Product: DAO Analytics
Purpose of Tool: DAOmeter is a rating system that brings transparency and clarity to the world of Decentralized Autonomous Organizations (DAOs). It evaluates and provides objective, data-driven assessments of DAOs based on 30 sub-categories that fit within the categories of Treasury, Voting, Proposal, Community, Security, and Documentation.
Cool tool we’ve discovered recently, that has rating for DAOs.
It’s useful as it includes features that show whether DAOs are decentralized.
To score DAOs, DAOmeter assigns points to six categories, with the highest weightage given to "Community". The other categories are "Voting", "Documentation", "Security", "Treasury", and "Proposal". The final score is out of 100 points.
Community: This category looks at how the DAO’s community is organized, and Maker DAO's GovAlpha Core Unit is an example of a community steward. The DAO also reports on its activities weekly.
Voting: The “Voting” category examines aspects like how voting is accessed in the DAO, with Maker DAO using a custom voting tool called the Governance Voting Portal. The protocol also has delegates who get compensated and who can be viewed on a dashboard.
Documentation: The “Documentation” category evaluates whether the financial reports of the protocol are made public, whether the code of the tooling and mechanism used for the governance process is publicly available, and if the governance process is documented.
Team / Funding / Backers / Other Info: The StableLab team developed DAOmeter after conducting a year-long research project. The team utilized both quantitative and qualitative research methods to establish organizational maturity standards.
StableLab is a leader in professional delegation and governance framework design. It was founded by Gustav Arentoft, Doo Wan Nam, and Victoria Berger in 2022.
Link to product | Link to TFC listing
Artemis | Analysis | Link to product
PIP | Community Tool | Link to product
Plaid Wallet Onboard | Crypto Wallet | Link to product
Kleoverse | Web3 Jobs | Link to product
Exponential DeFi | DeFi | Link to product
ChainSafe | Technical Product Lead | Link to position
O(1) Labs | Senior Technical Product Manager - Mina Protocol | Link to position
Talisman | UI/UX Product Designer | Link to position
WalletConnect | Full-Stack Data Engineer | Link to position
Nethermind | Internship Program | Link to position
Bluesky | Web Developer | Link to position
Glassnode | CRM Manager | Link to position
MetaMask | Product Designer - Portfolio, Assets, and NFTs | Link to position
Obol Labs | Technical Customer Success Manager | Link to position
Status | Activist Copywriter | Link to position
How was the newsletter today? Your feedback helps me make this great.
Loved it | OK | Didn’t Like
Anything you want to see? Fill out this form and let us know!
Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!