⚡ TFC Newsletter: 05/09/2023
Microsoft, Goldman Sachs Joining New Blockchain, OpenSea Releases Self Service API, Web3 Security, Web3 CRMs, and more!
💡 Intro
Been waiting for some sign that big companies are investing in Web3? Here’s a story for you:👇
A new blockchain called Canton Network is being created. And Goldman Sachs, Moody's, DRW, Deloitte, and Microsoft are among the firms joining it.
And that’s not all: firms including BNP Paribas, Broadridge, Cboe Global Markets, Cumberland, Deloitte, Deutsche Börse Group, DRW, Liberty City Ventures, Paxos, Right Pedal LendOS, S&P Global, SBI Digital Asset Holdings, Umbrage, Versana, VERT Capital, Xpansiv, and Zinnia are joining as well.
What Is Canton Network: It will be a privacy-enabled interoperable blockchain explicitly designed for institutional assets.
This may be a major step forward for institutional adoption, as it’s meant to seamlessly connect each of those firms’ individual blockchain networks to each other.
OpenSea Releases Self-Serve API Keys: After it being hard to generate API keys for over 2 years, OS has finally made it easy through a self-service platform.
Why It Matters For You:
OpenSea’s API is Super Useful: We’ve used it for bots in the past and it can both send you NFT data as well as execute trades for you.
If you’re a developer: You can build useful dapps using their API that rely on NFT price data.
If you’re not a developer: There are still plenty of No-Code tools like Boto, Zapier, Chainbridge, etc that you can find an integration with OS for and build custom alerts for yourself without needing to code.
Pudgey Penguins / $9M — Pudgy Penguins, a top Web3 IP and NFT collection, secured $9 million in seed funding led by 1kx and joined by several prominent investors. Funds will be used to expand its IP, grow its team, and improve services for their increasing community. — BusinessWire
Blockworks / $12M — Blockworks, a crypto media firm, announced a $12 million fundraise at a $135 million valuation, led by 10T Holdings. The funds will be used to broaden the company's product suite and enhance its research platform.
Nomba / $30M — Nomba, a crypto payments platform, raised $30M in a pre-Series B round led by Base10 Partners, with participation from Helios Digital Ventures, Shopify, Partech, and Khosla Ventures. — TechCrunch
Cloudburst / $3M — Crypto market monitoring tool, Cloudburst Technologies, raised $3M in Seed funding led by Strategic Cyber Ventures (SCV) with participation from Coinbase Ventures and Bloccelerate. — PR Newswire
Blocktorch / $4.2M —Blocktorch, which helps web3 engineering teams scale their dApps, raised $4.2M in seed funding led by Ideo CoLab Ventures, an early-stage VC based in Cambridge. — Tech Funding News
PlaceWar / $3M — PlaceWar, a decentralized play-to-earn game, secured $3 million in strategic funding for marketing and branding purposes. — Tweet
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De.Fi Web3 Antivirus
"Find out about threats and vulnerabilities before you invest."
Type of Product: Security
Purpose of Tool: De.Fi Web3 Antivirus is the security department of De.Fi, providing users with a comprehensive security toolkit to safeguard their assets on the blockchain. It is a great tool to ensure that the contracts you plan on interacting with are safe and free from vulnerabilities, without having to rely on often misleading audits that lack proper coverage.
Shield: A tool that systematically scans the smart contracts you have interacted with, any token contracts you are currently holding, and any approvals you have granted to third-party contracts on any of the supported blockchains. It displays high risk security concerns and has an advanced mode for a deeper dive into securing your wallet's safety.
Scanner: A smart contract AI scanner that scans any smart contract, token, or NFT. It provides an in-depth analysis of threats and vulnerabilities before you invest. It is a great tool to quickly scan any smart contract for unsafe practices or vulnerabilities.
Very fast + free tool that lets you analyze a contract instantly.
Useful for doing a first pass on new tokens / contracts that you might interact with.
Note: it’s not an exhaustive search, but it does catch a good amount of red flags.
DexCheck
“Elevate your trading game with Next-Gen Crypto & NFT AI-enhanced Analytics Tools"
Type of Product: Analytics
Purpose of Tool: DexCheck is a cutting-edge crypto and NFT analysis platform that equips traders with the necessary blockchain research tools to make informed trading decisions. The platform offers a comprehensive suite of features, including real-time charting, crypto and NFT smart money tracking, token unlocks, and more. With DexCheck, traders can save time and make data-driven decisions, which makes it more efficient and cost-effective.
Here are some of the features of DexCheck from it’s full product suite:
Wallet Address Analyzer: This tool allows users to analyze the most interesting wallets and visualize all trading activities and profit/loss with ease. Get to know the profits made by the top wallet addresses on their Top Crypto Traders Chart.
Token Analytics: With real-time price, market capitalization, transaction history, holders, buyers, sellers, recent news, and more, this tool provides traders with the necessary charting and statistics to improve their fundamental and technical analysis.
Whales Tracker: This tool provides a real-time dashboard of big crypto trades transactions, enabling traders to detect large crypto buys/sells by whales the second they happen on-chain.
Top Crypto and NFT Traders: DexCheck offers a panel of all the top crypto and NFT traders, allowing users to track them, copy their trades, and maximize their profits.
Token Unlocks: This tool provides a comprehensive crypto unlock dashboard, enabling traders to analyze tokenomics and receive alerts for +500 tokens and liquidity (LP) upcoming unlocks.
DexCheck is a platform we’ve recently been using that has a lot of built in utlity, including Token Unlocks, quick portfolio tracking, and wallet analyzers.
Link to product | Link to TFC listing
Kazm
“Data-driven community building for Web3"
Type of Product: Web3 CRM
Purpose of Tool: Kazm is a CRM for Web3 brands and its main goal is to make on- and off-chain data universally accessible and useful, thereby helping projects to acquire, engage, and reward their members.
Unify Member Profiles: Kazm provides a white label portal that allows for easy onboarding of members. It collects first-party data with built-in verification and provides cross-platform insights to help understand the community better. It also offers wallet or wallet-free solutions to meet members where they are.
Activate your community: Kazm helps to build deeper relationships with existing communities, drive social engagement, purchases, and activations through no-code automations. It also aligns incentives through gamified quests and XP. Additionally, it provides attribution for growth and engagement through Web2 and Web3 analytics to do more of what works.
Deliver Next-Level Experiences: Kazm offers rule-based tiers to reward the most valuable members, grants exclusive access and cross-channel experiences with ease, and builds an ecosystem of rewards across platforms with token-gated tooling.
Team / Funding / Backers / Other Info: On May 2, 2023, Kazm announced an integration with Unstoppable Domains, which will upgrade its member onboarding process. This integration will allow members to login once using their Unstoppable Domain instead of connecting and verifying accounts separately.
To celebrate this integration, Unstoppable Domains launched a campaign to reward community members with discounts. Learn more about the campaign here: Link
Link to product | Link to TFC listing
OpenTrade
"Bringing real yields to DeFi.”
Type of Product: DeFi
Purpose of Tool: OpenTrade is an enterprise-grade treasury management platform that enables Web3 institutions, businesses, and investors to preserve capital, maintain liquidity, and earn predictable returns through on-chain financial products. Here are some of the features that OpenTrade offers:
Investment grade financial assets: OpenTrade sources financial assets from a global network of financial institutions and B2B networks. These assets are investment grade and liquid, providing users with a secure and stable investment option.
On-chain financial products: OpenTrade structures these financial assets into yield-bearing financial products that are accessible through the platform. Users can deposit USDC and/or EUROC into on-chain liquidity pools with specific investment criteria, underlying assets, and target yields.
Regulated custodian: OpenTrade ensures that the financial assets backing each liquidity pool are held in a bankruptcy remote structure by a regulated custodian. The assets are held in segregated accounts for the benefit of token holders, providing an additional layer of security.
Team / Funding / Backers / Other Info: A few days ago on May 4th, Sino Global Capital has led an oversubscribed funding round for OpenTrade, with participation from other top Web3 firms such as Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures. The investment will support the development of OpenTrade's platform.
In February 2023, OpenTrade was launched by a team of founders that includes Dave Sutter as CEO and Jeff Handler as CCO. Sutter and Handler previously worked at Centre, which is a consortium co-founded by Circle and Coinbase to govern USDC. Michele Bisceglia, a former partner at advisory and asset management firm AgFe, is also part of the team.
Link to product | Link to TFC listing
Adanize | NFT Tool | Link to product
ARC | DeFi | Link to product
Orca | DEX | Link to product
UTILITI | Dev Tool | Link to product
Crypto Packaged Goods | Builder Community | Link to product
Sygma | 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
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Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!