⚡ TFC Newsletter: 12/14/2022
Metamask x PayPal integration, Decentralized Commenting, NFT Exchange, DeFi Tracking, and more!
💡 Intro
Exciting news today, with the main announcement being a Metamask x PayPal collab!
Also: think we’ve sent out the FollowTracker access URL to everyone who’s replied. But if we missed you and you haven’t gotten it yet: let us know in a reply! We’ll send it.
🦊 Metamask adds PayPal integration directly to wallet
Just 2 hours ago: Metamask announced they’ve integrated PayPal purchasing directly to their wallet.
Users can now buy ETH directly with their PayPal accounts, and have ETH in their wallets vs onboarding through an exchange.
Note: this is just in the US currently. Hopefully it starts in US but rolls out internationally.
Why This Matters:
It’s much easier to download Metamask, login to PayPal, buy ETH, and then explore Web3 & other chains with this. The alternative: onboard onto centralized exchange, transfer to Metamask, takes much longer (specifically the KYC + transferring funds in from bank → CEX.)
This is a great addition and should make onboarding into Web3 much easier.
Full demo below, the UI/UX looks super easy to use:
🤝 Discord adds Solana authentication support
Recently: Discord added support for Solana through roles, which allows Web3 project discords to easily gate channels to NFT holdings, creation date, etc.
Why This Matters
Discord has previously stayed away from any Web3 integrations (the backlash was massive when they announced they were working on Web3 logins.) With this recent update: this Solana integration could mean ETH, ADA, etc are coming soon.
This change renders a lot of 3rd party SOL discord apps obsolete, as now this functionality comes directly from Discord. If ETH rolls out too: it’d render those apps obsolete as well.
💸 Fundraising Today
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🔥 New Products on TFC today!
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.
Treehouse
"Confidently Navigate DeFi with Harvest."
Type of Product: DeFi Tracking + Portfolio Tracker
Purpose of Tool: Treehouse is a comprehensive DeFi portfolio analytics that leverages blockchain data to provide real-time, chain-agnostic positional data and tools for DeFi users to manage and understand their risks.
We recently started using Treehouse and wanted to feature it, as its a very easy to use + great UI/UX defi portfolio tracker.
If you’re looking for an alternative to Debank, its worth trying out.
Harvest | A comprehensive DeFi portfolio analytics dashboard and tool that provides users with a snapshot of their current positions, historical data, and a standard to analyze risk.
Analytics | Treehouse systematically discovers, interprets, and communicates data to help users make effective financial decisions.
Risk Management Solutions | Treehouse will allow users to act on real-time information and make risk management decisions at the click of a button.
Team / Funding / Backers / Other Info: Earlier this March 2022, Treehouse raised US$18 million in a seed round led by an undisclosed prominent FinTech investor with participation from Tier 1 VC funds, institutions, and angel investors, including Mirana Ventures, Lightspeed Venture Partners, MassMutual Ventures, Binance, Global Founders Capital, and more.
Founding Team:
Ben Loh | Co-Founder
Brandon Goh | Co-Founder
Bryan Goh | Co-Founder
Link to product | Link to TFC listing
Outdefine
“Define Your Career With Web3 Opportunities Globally."
Type of Product: Web3 Careers Tool
Purpose of Tool: Outdefine is a decentralized network that streamlines the hiring process for both companies and talent. By using tokenomics, Outdefine helps create a fairer and more transparent connection between employers and job seekers. The platform's marketplace promises a more efficient and equitable way to match talent with opportunities.
Outdefine just raised funding a couple days ago.
While still in early stages: they have an interesting setup with their job board + token rewards and are worth keeping an eye on.
Global Opportunities | Find remote jobs worldwide. Work with top companies in engineering, design, product and other specialized fields.
Keep 100% of your Pay | The income you earn at Outdefine is 100% yours, no questions asked.
Token Rewards | Earn tokens when you complete your onboarding, refer a friend, accept job offers and decide to complete other assessments. Use your tokens to boost your job applications and increase your profile exposure.
Grow with a Community | Learn your way around Web3 with a likeminded community. Grow your skillset, career, and connections with Outdefine. Use your tokens to boost your job applications and increase your profile exposure.
Work on Your Own Terms | Set your preferred rates, hours and location.
Team / Funding / Backers / Other Info: Founded by the father-son team, Romil Verma and Sanjay Verma, Outdefine recently raised $2.5 million this December 9th, 2022, in a seed round co-led by Jump Crypto and TCG Crypto. Other investors include Big Brain Holdings, Formless Capital and Blocore.
Founding Team:
Romil Verma | Co-Founder
Sanjay Verma | Co-Founder
Link to product | Link to TFC listing
ECHO
“The First Decentralized Social Engagement Protocol"
Type of Product: Decentralized Social Commenting.
Purpose of Tool: ECHO is a decentralized social engagement protocol built by the Arweave Team. ECHO aims to build a more reliable comment widget with Arweave, which helps them to make data reliable, decentralized, persistent and censorship-resistant.
This is a very cool tool and something we haven’t seen done yet (in Web2 solutions like this exist but haven’t seen it in Web3.)
Imagine if OpenSea or LooksRare added comments: those comments would only be stored on their platforms, and not carry over to other pages (even though they should: you can look at the same NFT on multiple sites)
Since Echo is decentralized: it allows comments to persist across multiple platforms.
ECHO Key Features:
Decentralization | Users sign into ECHO with a decentralized wallet. It means you can sign and upload data to Arweave with and without using a front-end page.
Opinion Aggregation | Users may comment on the same object, such as a NFT, on different websites and apps, but as long as the target_uri is the same, the corresponding comments will all be displayed.
Multi-chain Login and Tip | ECHO supports MetaMask (EVM chains) and Phantom (Solana). If you log in with MetaMask, ECHO will retrieve and display reverse record and avatar of your ens or .bit
Fee | Each user gets 200 uploads per day for free.
Team / Funding / Backers Info / Transaction Amount: On November 2019, Arweave secured $5 million in a funding round led by Andreessen Horowitz’s a16z Crypto, with the participation of other top investors such as Union Square Ventures and Multicoin Capital. On the following year, of March 2020, Arweave raised a $8,300,000 seed round from Andreessen Horowitz, Coinbase Ventures, and Union Square Ventures.
Sam Williams | Co-Founder
William Jones | Co-Founder
Meta recently partnered with Arweave to store non-fungible tokens (NFTs) on Instagram.
Link to product | Link to TFC listing
NF3 Exchange
"A swaps & options platform to barter, reserve & exchange your favourite NFT collections"
Type of Product: NFT Tool
Purpose of Tool: NF3 Exchange (NF3x) features NFT swapping, bartering and financing features, enabling users to exchange their digital collectibles with others in a secure and intuitive environment. It enables NFT collectors to gain full ownership over their digital assets.
NF3 Exchange will be launching first on the Ethereum blockchain, followed by support for Tezos, Polygon, and Solana NFTs. NF3 also provides peer-to-peer financing options, such as “Buy now, Pay later”, to make it easier for customers to capitalize on emerging opportunities in Web3.
Collectors who wish to increase the value of their collectibles by acquiring rarer traits can create a trait-wide offer package or contact existing owners on the platform via the built-in chat feature.
Team / Funding / Backers / Other Info: A few days ago, on December 12, 2022, NF3 closed a $1.65m seed funding round headed by Infinity Ventures Crypto, and Spartan Group was supported by DWF Labs and Saison Capital.
Poorvi Sachar | Founder
Link to product | Link to TFC listing
🥳 Most Popular products on TFC yesterday (by page views)
Spooks | NFT Tool | Link to product
Boombox Markets | NFT Marketplace | Link to product
Aptos | Launchpads | Link to product
RAILGUN | DeFi | Link to product
Sharky | Loans | Link to product
👷Open Web3 Jobs
Art Blocks | Senior Project Manager | Link to position
Elixxir | Frontend React Developer | Link to position
Nansen | People Associate | Link to position
Yellow | Middle/Senior Golang Developer (with Solidity experience) | Link to position
Coin Metrics | Protocol Specialist | Link to position
MetaMask | Cryptography Specialist Engineer (Snaps) | Link to position
RECUR | Product Operations Specialist | Link to position
OpenSea | On-Chain Data Analyst | Link to position
Mirror | Design Lead | Link to position
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Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!