⚡ Who To Watch From Alliance Dao's Demo Day, Avax Analytics Tooling, and more!
Discover the latest and greatest Crypto & Web3 products
💡 Intro
Alliance DAO’s Latest Cohort Is Announced: Yesterday, Alliance DAO’s latest cohort was presented at their Demo Day.
Alliance DAO boosts a $10 Billion+ total valuation between all companies that have went through their cohorts, making them a must watch accelerator.
Those companies include big names like dYdX, StepN, Manta Network, 0x, and more.
The top sector of projects in the cohort was (unsurprisingly 😄) AI + Blockchain, followed by Infrastructure & No-code.
Why It Matters:
The Demo Days are a great way to find projects early. We were early to both Pendle, Tensor, and StepN primarily from watching the cohort announcements.
They give a glimpse into Web3 trends that are popular
It’s a great way to find useful projects in sectors you care about
Projects We’re Watching In Particular From It:
Wallchain - MEV recovery for traders
It’s a web3 anti-bot solution that provides MEV recovery for users on DEXs. They’ve already secured over $1.5 billion worth of transactions, and we’re going to definitely try them out for our trades.
PocketUniverse - Free Security Extension
We’ve featured PocketUniverse multiple times on TFC, but they’re a great tool that has over 60k Weekly Active Users and keeps traders & investors save while navigating crypto & NFTs.
Teablocks - ChatGPT for blockchain data
“Find anything you want on-chain in plain English. It's like ChatGPT for Blockchain data”
Currently in waitlist, but having a way to query & find answers on blockchain data by just asking questions in plain English would be awesome. Most tools require SQL or an equivalent query language.
Caldera - No-code Infrastructure Platform
It allows developers and projects to customize app specific chains. According to their team, they have over 250,000 unique wallets with 650,000 transactions on their public testnets, which is very impressive.
Also interesting to note, is the majority of projects/tools were on ETH + Polygon and the vast majority were on EVM compatible chains.
Jia / $4.3M — Jia, a blockchain fintech for emerging market micro and small businesses, secures $4.3M seed funding led by TCG Crypto, with an extra $1M for on-chain liquidity. — NFTgators
CoinCatch / Undisclosed — CoinCatch, a global virtual asset exchange, receives investment and support from ABCDE Capital, a $400M Web3 builder fund. — Tweet
Story Protocol / $29.3M — Story Protocol, an on-chain storytelling startup, concludes a $29.3 million seed round led by a16z Crypto, with participation from Hashed, Mirana Corp, dao5, Samsung Next Fund, Two Small Fish Ventures. — NFTgators
AnotherBall / $2.2M — AnotherBall, a VTuber project under IZUMO, secures $2.2 million in angel funding from industry leaders, including Hiroaki Kitano (CTO at Sony Group Corporation), Jaynti Kanani (Founder of Polygon), Justin Waldron (Founder of PlayCo), Kevin Aluwi (ex-CEO at GoJek), and others. — FinSMEs
Planetary / $2.5M — nChain partners with Planetary, a mobile app integrating social media and metaverse, and invests GBP 2.5 million for a 25% equity stake. — PR Newswire
Unitea / $7M — Unitea, the engage-to-earn music platform fostering artist, brand, and fan connections, secures $7 million in a seed round led by 1st Class Guernsey, Chaos Capital, TokenSociety, and Fuel Venture Capital. — FinSMEs
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Avalanche Dashboard by The Tie
"The leading information services provider for digital assets"
Type of Product: AVAX Analytics Dashboard
Purpose of Tool: The Tie, a data and analytics provider for digital assets, has released a public-facing dashboard for Avalanche GameFi and NFTs. This dashboard provides new visibility into on-chain and off-chain metrics for the Avalanche ecosystem, and is the first step of a larger initiative to offer a deeper Avalanche data package to the public.
AVAX has had big partnerships recently with game studios, esports orgs, and publishers.
This dashboard is an easy way to see NFT, DeFi, and GameFi stats on-chain.
The free, public-facing dashboard offers the Web3 community of users and developers a variety of metrics related to Avalanche GameFi and NFTs, including overall market health and performance of individual projects.
GameFi: The Tie has consolidated data from both Avalanche's C-Chain and Subnets to give users a comprehensive view. Additionally, the Dashboard covers the leading games built on Avalanche, and will cover additional games launching next year.
NFTs: The Tie has unified NFT data for the leading exchanges, allowing users to see full NFT sales and activity across multiple marketplaces.
DeFi: The DeFi Dashboard also covers Top Projects, Top DEX, including their DEX Trading Volume, Transactions, and New Wallets.
Team / Funding / Backers / Other Info: On May 8, 2023, The Tie received a nomination for Best Technology in the 2023 European Digital Assets Awards hosted by HedgeWeek. The Tie provides its services to over 150 clients that include traditional and crypto-native hedge funds, liquidity providers, trading venues, token issuers, banks, asset managers and other institutional market participants.
Joshua Frank - Co-Founder & CEO
Ben Latz - Co-Founder & CTO
Eric Frank- Co-Founder & Chairman
Unitea
“Create. Connect. Collect."
Type of Product: Web3 Social/Music
Purpose of Tool: Unitea is a loyalty platform that rewards fans for streaming and sharing the music they love. It is designed to give artists the opportunity to give back to their most devoted fans while also building their community.
Unitea is a platform that is “For Music People” and encourages fans to earn Karma, Unitea’s social currency, for listening to music and connecting with other fans by sharing music.
Stream music directly and import custom playlists by connecting to a Spotify account. Share music with friends within the app’s messenger.
Earn Karma for listening to and sharing music, which can be exchanged for real-life rewards with artists, festivals, and other fans.
Create and save upcoming festival schedules within the app.
Connect and message with friends in Crew Chats.
Unitea for Artists: Joining as an artist helps you reward your fans for streaming and sharing your music, increasing streaming traffic through targeted reward campaigns, and accessing 100% transparency into your fan data. You can also monetize your data by participating in the Karma Economy and establish relationships with our global brand partners. Artists are able to gain access to exclusive rewards and insight into their fanbase.
Team / Funding / Backers / Other Info: Just today: Led by CEO Ketan Rahangdale, Unitea has secured a funding of $7M, just 2 days ago on May 16th, The funding round was spearheaded by companies such as 1st Class Guernsey, Chaos Capital, TokenSociety, and Fuel Venture Capital.
OKX Wallet
“Faster, better, stronger than your average crypto exchange"
Type of Product: Wallet / BRC-20
Purpose of Tool: OKX Wallet offers a range of features, including multi-chain, security, and decentralization. It also provides users with a custom network mode, allowing them to easily deploy and test contracts. Furthermore, OKX Wallet is the first genuine multi-chain wallet that supports most mainstream networks, making it an ideal choice for DApps that are designed to support a variety of chains.
BRC-20 & Ordinals are still hard to navigate for most Web3 users, particlulary as the wallets are hard to use.
OKX just came out with their own wallet that supports Bitcoin Ordinals and BRC-20 tokens.
Multi-chain standards: OKX Wallet enables users to use DApps on different networks without having to open the extension wallet, thanks to its multi-chain connection and automatic network-switching features.
Security: OKX Wallet is connected to the KYT system, which helps protect users' assets by monitoring and alerting them of any fraudulent projects.
Decentralization: OKX Wallet offers a custom network mode, allowing users to easily deploy and test contracts. Additionally, it supports most mainstream networks, making it the perfect choice for multi-chain DApps.
OKX Wallet will launch the Ordinals Marketplace, which allows users to trade and mint BRC-20 tokens, Ordinals, and NFTs across over 60 blockchains through a single solution.
Team / Funding / Backers / Other Info: On May 16th, OKX announced its Ordinals Marketplace. With this launch, OKX continues to show its support for the Bitcoin ecosystem while providing a unique multichain wallet experience for its users. OKX's an innovative crypto exchange with advanced financial services. They rely on blockchain technology to provide everything users need for wise trading and investment.
Hourglass
"Discover the future of De-Fi liquidity with Hourglass”
Type of Product: DeFi
Purpose of Tool: Hourglass is a protocol that offers a comprehensive infrastructure for time-bound tokens. It comprises two main components: a platform for users to receive time-bound tokens for long-term staking and a marketplace for their native liquidity.
Time-Bound Tokens (TBTs): These represent staked assets in DeFi protocols that are committed for a period of time. With TBTs, Hourglass allows protocols to incentivize long-term usage while providing their users with critical flexibility and liquidity.
Hourglass Staking: The first component of the Hourglass protocol is an application that tokenizes time-locked staking positions on top of lockup staking vaults. Currently, it supports the Frax and Convex ecosystems.
Hourglass Marketplace: Unlike other DeFi protocols that pool fungible tokens together, Hourglass implements a simple RFQ (Request For Quote) marketplace where users leverage cryptographic signatures to buy or sell their semi-fungible time-bound tokens.
Team / Funding / Backers / Other Info: A few days ago on May 15, 2023, Hourglass has secured $4.2 million in a seed round funding led by Electric Capital. Other investors who participated in the funding include Coinbase Ventures, Circle Ventures, Tribe Capital, hack.vc and some angel investors.
Upstream | DAO Creator Tool | Link to product
Hyperspace | NFT Marketplace | Link to product
Gomu | NFT Creator Tool | Link to product
Ramp network | DEX | Link to product
BlockWallet | Dev Tool | Link to product
Coinshift | Senior Product Designer | Link to position
DappRadar | Social Media Manager | Link to position
WalletConnect | Web3 Communications Associate | Link to position
Cere Network | DevOps Manager | Link to position
Offchain Labs | Blockchain Developer | Link to position
Outlier Ventures | Token Design Associate | Link to position
Magic Square | Back-end/Node.js Developer | Link to position
Treehouse | UI/UX Design Intern | Link to position
Aptos | Software Engineer | Link to position
CoinGecko | Software Test Engineer Intern (QA) | Link to position
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Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!