Kaskade Finance Closes Successful Pre-Seed Round

Kaskade finance, a gamified incentivization layer protocol, just announced the closure of its pre-seed funding round from over 40 investors. Kaskade Finance Nathan Lenga, CEO of Kaskade, tabled the MVP to go live in August, and to continue to build a world-class team that will make certain Kaskade Finance is the premier liquidity incentivization layer for all of DeFi. The oversubscribed seed round had participation from over 40 investors, some of which include Marshland,, Artemis Capital, Andromeda Capital, Hercules Ventures, 369 Capital, Crypto Oasis Ventures, as well as influencers,

SaaS Inclusology Releases New 2.0 Platform and Proves to Help Companies Achieve DEI (Diversity, Equity, and Inclusion) Goals in Accelerated Timeline.

June 2023 - Inclusology, is a powerful all in one DEI management SaaS platform designed to help companies reduce bias in the workplace and increase employee retention. Last week, the platform released its new version after completing beta testing among 16 companies and thousands of employees across startups, nonprofits, Fortune 500 and 1000 companies etc. “We are so proud to see Inclusology’s work having a positive impact on DEI at a global level in every sized company,” says CEO Dr. Cheryl Ingram. “We’ve tested our software in a number of

Moonstake Taps Strategic Partner RockX to Integrate SOL Staking

SINGAPORE, Nov 10, 2022 - (ACN Newswire) - Moonstake is pleased to announce we are working with long-time strategic partner RockX to integrate SOL staking. Through this collaborative effort, Moonstake is leveraging RockX Solana validator to bring its users access to the Solana staking ecosystem so they can start earning from staking SOL. Together, Moonstake and RockX will accelerate the growth of Solana in the blockchain industry through staking. Since January 2021, Moonstake has also been working with RockX to support the Polkadot staking ecosystem. Today, Moonstake is a recognized

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes to Expand Terrausd’s Reach Across 5 Protocols At the time of writing, Terra’s terrausd (UST) stablecoin is the fourth-largest U.S. dollar-pegged token among all the stablecoins in existence. It is also the largest decentralized algorithmic

NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round

A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated in the funding round include Maven 11, Scalar Capital, and Kleiner Perkins. The company, which was founded by Stephen Young in February 2020, already acts as a marketplace where users can get a cryptocurrency loan

DAOLaunch Vows to Change the Future of Funding With Decentralized VC

The Venture Capital (VC) industry has traditionally been the playground for the rich. Generally speaking, you had little chance of making it as a venture capitalist if you were not financially well-established to begin with. Sponsored Sponsored However, that status quo is about to change now with the emergence of blockchain-powered platforms like DAOLaunch.  Blockchain technology is already making inroads into venture capital, exposing the industry to all the perks of decentralization. Expectedly, this has prompted an increasing number of analysts and industry stakeholders to anticipate a new era of decentralized

Web3 social infrastructure startup CyberConnect raises $10 million in seed funding

CyberConnect, a crypto startup developing tools for Web3 social media, gaming, and metaverse applications, has raised $10 million in a seed funding round.Sharing the news exclusively with The Block on Tuesday, CyberConnect said Multicoin Capital and Sky9 Capital co-led the round. Animoca Brands, Draper Dragon, Hashed, Zoo Capital, Smrti Lab, and Mask Network also participated in the round, among other investors. This was an equity + SAFT (simple agreement for future tokens) round, CyberConnect founder Wilson Wei told The Block. It will help the firm double its current team of

Cosmos liquid staking protocol pSTAKE raises $10 million in seed funding

pSTAKE, a liquid staking protocol from blockchain startup Persistence, has raised $10 million in a seed funding round.Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital co-led the round, with Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, and Sino Global Capital also participating. Several angel investors, including Aave's Ajit Tripathi, Terra founder Do Kwon and Alpha Finance co-founder Tascha Punyaneramitdee, also backed the round. Crypto staking infrastructure providers, including, Figment Fund, Everstake, and Chorus One, also joined the round. This was pSTAKE's first fundraise and was

Seed Round Ends in Just 8 Hours for Cardano Escrow Protocol – ADEED

ADEED is a new project that has gained a lot of good feedback from the recent pitch deck that the company has presented to several venture capitalists, investors, and incubators. The company had recently announced the opening of its seed round, which entails 1,500,000 ADE (3% of Total Supply). The seed round had successfully closed in just eight hours by Emirate, Saudi, and Chinese investors. Over the last year, Dubai and Saudi Arabia have been subtly getting more involved with blockchain projects. Dubai hosted the ‘Crypto Expo Dubai 2021’ last

Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report

This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries like the Philippines. Naavik Researchers Take a Deep Dive Into Axie Infinity — ‘Scholar’ Earnings Have Been Dropping Since August The Ethereum-based blockchain game Axie Infinity is one of the most popular video games hosted