Fundraising in the Crypto Sector

Written by immunefomo | Published 2022/07/29
Tech Story Tags: crypto | cryptocurrency | cryptocurrency-investment | investing | early-stage-startup | blockchain | fundraising | startups

TLDRA collection of the most recent investments in the crypto market.via the TL;DR App

H2O Securities

H2O Securities - received $150 million from GEM (Global Emerging Market), the project is strange, GEM bought from the $150 million of their token which is already trading (I think they bought at very sweet prices). The project is in South Africa and as I understood it is going to create water production stations, the white paper says everything is very blurry and as I understood they are going to share the profit with token holders and they claim they will build with blockchain these stations 5 times faster than conventional companies. The most interesting, I found nothing about the project on Crunchbase, but I found about GEM fund on the Crunchbase page and it says that they have 3.4 billion, but there is no news or investments on Crunchbase, which is very strange, in general everything is strange and I recommend to be careful, so if you want you can just follow the project, but it all seems strange to me, about the investment in h2o written in such sources as finance yahoo, investing, CNBC, cointelegraph.


Rubix

Rubix - got $100M from LDA Capital. Rubix is a new blockchain with proof of pledge technology, they want to make it: secure and scalable, with no fees and no carbon, add NFT there, and release their token. The project is very white in contrast to the project above, the entire team is not anonymous, there is a Github where you can follow their work, there is LinkedIn on which you can explore each employee and similar social networks, and the project is at a very early stage and recommend to look out for new activities (they will soon), investors private fund which has already invested in such companies as GetSwift, PT Widodo Makmur Perkasa Tbk, Enry’s Island, SingularityNET.


Safe

Gnosis Safe - raised $100M from funds like 1kx, A&T Capital, Tiger Global Management, Greenfield One, Digital Currency Group, Rockaway Blockchain Fund, and 77 other funds. A pretty old project that used to serve only very large DAOs and has been doing it to this day since 2016(they have a total of $107,176,958,383 in vaults). They provide storage for DAOs or users who want to secure their funds. Security is created by creating a vault in networks like Ethereum, Gnosis Chain, Polygon, BNB Smart Chain, Energy Web Chain, Arbitrum, Aurora, Avalanche, Optimism, Goerli, Rinkeby, and Volta. Add their participants (or your different wallets) and drop cryptocurrency and NFT, then if you suddenly need to withdraw funds or NFT, you need to confirm the transaction by various participants of the safe (the number of users to confirm that the transaction began, is exposed when you create a safe), so, for example, you created this safe and added there your Metamask, ledger and trust wallet from the phone, So if you lose your phone or someone breaks into your Metamask he will not be able to withdraw money until you sign with your other wallets, I recommend to set the number of users to sign the transaction to 1 less than their total number, so if you suddenly lose your phone could withdraw money, also do not forget that if you create a store in the network Polygon you can send there only what is in the network Polygon.


5ire

5ire - raised $100M from Sram & Mram. Blockchain with a transaction speed of 600 ms, throughput of 60000 tps, block generation time of 3 sec and block size of 4 MB. They say it will be faster and cheaper than any existing blockchain, there will be no carbon footprint, interchangeability with the ability to send assets, collectibles, or files to any chain, mobile number, or web3 address, and say they will make it possible to write smart contracts without code. The team is competent, as I understand they have a member from the UN and a woman who worked with Tron.


Animoca Brands

Animoca Brands - raised $75,320,000 from Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, and Cosmic Summit. I think a lot of people know this company, they created a lot of games and one of the most popular of them is the sandbox meta-universe. They have also invested in 225 projects of which 95 are lead investors. They raised $75,320,000 to invest in the crypto market and maybe buy out some projects.


Hidden Road

Hidden Road - raised $50M from Castle Island Ventures, Citadel Securities, FTX Ventures, Uncorrelated Ventures, Greycroft, XBTO Humla Ventures, Wintermute, SLN Capital, Profluent Trading, Coinbase Ventures, and Corner Capital among others. It is a global credit network for institutional investors, providing easy access to both traditional and digital markets.


Seed

Seed - raised $41 million from Animoca Brands, Kingway Capital, Anthos, Novator, Supercell, Roosh and Angelhub. Open-world simulator in which when you leave the world the game will continue, the game from the studio Klang games, I like the graphics and the project at a very early stage, I also like that in investors Animoca Brands creators sandbox and Supercell creators: Brawl Stars, Clash Royale, Clash of Clans, Hay Day and many other cool games on the phone. They have 3,000 followers on Twitter at the time of writing, so I highly recommend trying to be active in their community at an early stage. And you can also sign up for a game test now.


Pulley

Pulley - raised $40M from Stripe, Sherwin Gandhi, La Famiglia, Jack Altman, Founders Fund, Elad Gill, Avichal Garg. It’s tools and insights to help you fundraise smarter and manage a company’s balance sheet.


Planetarium

Planetarium — raised 32mn from Animoca Brands, Kakao Venture, Krust Universe, Samsung NEXT, and Wemade. Creates Web3 community-driven gaming network, the project is very early stage, you can tell from the website, so I recommend keeping an eye on them and if possible start becoming their first active community.


Meta World

Meta World — raised $30 million from billionaire Mai Vu Minh. The project itself, as I understand it, is a meta-universe into which they want to insert: Smart contracts, internal store, and play-to-earn games (games — NFTs).


Thank you all for your attention and hope you like this compilation, I’m waiting for comments and feedback, if you want to support me here are my links, I would be very grateful if you subscribe: https://linktr.ee/immunefomo

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Written by immunefomo | I try to write articles about things I'm interested in.
Published by HackerNoon on 2022/07/29