Cointime

Download App
iOS & Android

Blocto’s First Aptos Ecosystem Development Fund,Building with $3M

For new projects moving on Aptos, the path to user acquisition may not always be easy, but Blocto’s onboarding process takes less than 30 seconds (with a proven 95% conversion rate!) and makes things so much better. Start building and onboard more users to Aptos by applying to the Blocto Ecosystem Development Fund

Blocto, a crypto ecosystem, and multichain wallet has announced the creation of a $3 million Aptos Ecosystem Fund to assist projects in bringing new users to Aptos. In the wake of Blocto’s Aptos integration, which saw 300,000 new Aptos wallets created in the first week, this is encouraging.

Blocto and the Aptos community share the goal of accelerating the widespread use of Web3 technology, and the Ecosystem Fund is Blocto’s way of lending its financial backing to the community and helping to fund innovative Aptos initiatives.

Comments

All Comments

Recommended for you

  • WSJ: GPU cloud computing platform CoreWeave raises $7.5 billion to promote artificial intelligence computing

    CoreWeave, an artificial intelligence cloud computing startup supported by Nvidia, has raised $7.5 billion from investors including BNY Mellon, KKR, and BlackRock. This financing is one of the largest private debt financings ever. Just two weeks ago, CoreWeave completed a $1.1 billion equity financing round with a valuation of $19 billion. As of the end of last year, the company had 14 data centers and plans to double that number to 28 by the end of this year.
  • On-chain indexing service Subsquid completes financing of US$17.5 million, with participation from DFG and others

    Subsquid, a chain indexing service, announced the completion of a $6.3 million financing through the CoinList community. As of now, its total financing amount has reached $17.5 million, with participation from DFG, Hypersphere, Zee Prime, Blockchange, and Lattice. It is reported that its native token, SQD, is scheduled to be listed this Friday. The Subsquid SDK has been integrated with Google BigQuery, allowing developers to use Google's technology to analyze blockchain data and reduce the data costs of large-scale deployment in the blockchain and developer communities.
  • Peaq Completes $20 Million Fundraising via CoinList Launch

    Peaq, a Layer1 blockchain applicable for DePIN and machine RWA, announced on X platform that it raised $20 million through its native token Launch, which was launched on CoinList from May 9 to May 16. As of now, over 145,000 community members have completed over-subscriptions of over $36 million. The new funds will be used to accelerate the growth of the peqosystem and further consolidate various ecosystem and community plans.
  • Gaming platform Param Labs completes $7 million financing, led by Animoca Brands

    Gaming platform Param Labs has completed a $7 million financing round, led by Animoca Brands with participation from Delphi Ventures and Cypher Capital. Param Labs aims to establish a gaming ecosystem managed by its native PARAM token, which is set to launch soon. The company's first game, "Kiraverse," is a multiplayer shooting game that allows players to earn money while playing.
  • Blockchain SaaS solution AfriDex completes $5 million Pre-Seed round of financing, led by Endeavor Ventures

    AfriDex, a blockchain software-as-a-service solution based in London, UK, announced the completion of a $5 million Pre-Seed round of financing with Endeavor Ventures leading the investment and African Crops Limited, Oldenburg Vineyards, and Hank Oberoi participating. AfriDex is currently focused on the agricultural market, providing comprehensive on-chain solutions to support and protect supply chain participants, utilizing blockchain technology to achieve traceability, frictionless payments, anti-fraud transactions, verified authentication, simplified tax and subsidy management. (finsmes)
  • Blockchain SaaS Solution AfriDex Completes $5 Million Pre-Seed Round of Funding, Led by Endeavor Ventures

    AfriDex, a blockchain software-as-a-service solution based in London, UK, has announced the completion of a $5 million Pre-Seed round of financing, with Endeavor Ventures leading the investment and African Crops Limited, Oldenburg Vineyards, and Hank Oberoi participating. AfriDex currently focuses primarily on the agricultural market, providing support and protection to supply chain participants through comprehensive on-chain solutions, utilizing blockchain technology to achieve traceability, frictionless payments, fraud prevention, verified authentication, simplified tax and subsidy management.
  • NYC-based Prediction Market Polymarket Raises $70M in Funding to Expand Operations and Development Efforts

    NYC-based prediction market, Polymarket, has secured $70 million in funding from investors including Founders Fund, 1confirmation, ParaFi, Vitalik Buterin, Dragonfly, and Kevin Hartz. The funds will be used to expand operations and development efforts. Polymarket, founded by Shayne Coplan, allows traders to predict the outcome of future events and react to breaking news in real-time, with market prices conveying the likelihood of important events. The platform has already seen a record $202 million worth of predictions made in 2024 across politics, current events, pop culture, and more.
  • Fuel Network DeFi Protocol Spark Completes $1.5 Million Pre-seed Round of Funding

    On May 15th, Fuel Network's DeFi protocol Spark announced the completion of a $1.5 million pre-seed round of financing with participation from P2 Ventures.
  • OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

    The game is currently available in early access on the Epic Games Store.
  • Barcelona-based Web3 Video Games Startup GFAL Raises $3.2M in Seed Funding to Expand Team and Accelerate Production Plans

    Barcelona-based startup GFAL has secured $3.2 million in seed funding from investors including Supercell Ltd and Mitch Lasky. The company plans to use the funds to expand its team and accelerate its game production plans, which leverage AI and Web3 technology for immersive gameplay. GFAL's Elemental Raiders mobile game soft-launched in March 2023, with plans to build on this for a 2024 launch. CEO Manel Sort expressed gratitude for the investment and excitement to work with former colleagues from Digital Chocolate.