Metale Protocol, a content distribution protocol on the blockchain, announced the completion of an additional $2 million seed round of financing. Waterdrip Capital led the investment, with participation from Aipollo Investment and Ultiverse. As of now, the total size of its seed round financing has reached $4 million. Metale Protocol was formerly known as Read2N, a Web3 decentralized reading application. The new funds will be allocated to its content creation fund to stimulate more content creation activities and promote the construction of its protocol as a platform for issuing and distributing content assets on the blockchain.
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On-chain content distribution agreement Metale Protocol completes additional $2 million in seed round financing
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10 listed Bitcoin mining companies raised a total of $2 billion through equity financing before the halving
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ELFi Protocol Completes $5 Million Strategic Round of Financing and Will Launch Testnet on Arbitrum
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Environmentally friendly cryptocurrency mining project SolarX completes $3 million financing through Tenset Launchpad
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Volume 183: Digital Asset Fund Flows Weekly Report
Inflows of US$932m in response to prosect of interest rate cuts
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The Easy Button
The global elites have various policy tools to prop up the status quo, which inflict pain now or later. I take the cynical view that the only goal of elected and unelected bureaucrats is to remain in power. Therefore, the easy button is constantly pressed first. Hard choices and strong medicine are best left for the next administration.
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FSDC recommends four growth paths to promote Hong Kong as a digital asset hub
Hong Kong Monetary Authority's Chief Executive, Eddie Yue, attended the annual meeting of the Hong Kong Independent Non-Executive Directors Association and pointed out that Hong Kong can develop from four growth paths: asset and wealth management center, international sustainable finance center, promoting Hong Kong as a digital asset center, international innovation and technology center. -
Crypto and blockchain venture capital firm New Form Capital launches $100 million fundraising
New Form Capital, a venture capital firm in the cryptocurrency and blockchain industry, has launched a $100 million fundraising campaign aimed at returning to the once troubled cryptocurrency industry. New Form Capital stated that the focus of the investment will be on reshaping traditional finance with cryptocurrency-related technologies, including trading markets and payment systems. In addition, they revealed that they will also invest in some artificial intelligence startups related to cryptocurrency and blockchain. -
DePIN project Blockless raises $8 million in two rounds of early-stage financing
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Messari ·
State of Skale
The network collected $228,000 in chain payments after launching them in January. Instead of charging end users via transaction fees, SKALE generates fees by charging developers a subscription fee in SKL for operating a SKALE chain.
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