Kadena Launches $100M Grant Fund to Support Early-Stage Builders Source
Day: April 21, 2022
A dozen Bitcoin ATMs planned at the largest EU electronics retailer
Austrians have “sufficient funds” for more Bitcoin ATMs — hat’s the verdict that MediaMarkt, a German electronics retailer, reached following a successful Bitcoin ATM pilot in Austria. MediaMarkt will roll out Bitcoin (BTC) ATMs in 12 branches across the country, including Seiersberg and Klagenfurt. According to the Austrian newspaper Kleine Zeitung, the pilot project, which featured a lone Bitcoin ATM in a MediaMarkt shop, proved that “Bitcoin ATMs in shops offer an opportunity to attract new customers.” As Europe’s largest consumer electronics retailer, MediaMarkt operates in 13 countries, with over 850 stores…
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Bird, Ring Veterans Raise $5M for GameFi Lending Protocol
The Pantera-backed MetaLend lets users borrow while still earning money in games. Source
SEC Commissioner Peirce, Bitcoin 2022 and more – Cointelegraph Magazine
In life, there are times when things are going well in your business affairs but not your personal ones. Other times, the things you are doing and enjoying in your personal life are great but your professional or business matters are suffering. Sometimes, you also don’t realize or understand that the good times you are experiencing will not last forever and may soon end. So, I have always tried to recognize when things are going well, savor and mark the moment, and thank my lucky stars for it. The first…
Algorand Ups Sustainability Pledge With Self-Executing Code
“We decided to make our carbon-negative pledge forever with blockchain transparency and perpetual smart contracts,” Ihsanullah said in an interview. “A smart contract takes the parameters of the blockchain – how many relays are involved, how many nodes are involved, how many transactions, etc. – and comes up with the offset power that needs to be paid for, and then uses transaction fees to pay for that.” Original Source AlgorandCodePledgeSelfExecutingSustainabilityups CryptoX Portal
DeFi Data Shop Nansen Makes First VC Investment in Gaming Analytics Firm ZeroDrop
“We have done this with EA and Epic games in the past where we take the game analytics, even web analytics, and combine them into what’s called cohort analysis. It’s the same idea with wallet data,” Ng told CoinDesk in an interview. “I had written six or seven pages on this, and when I sent it to [Nansen CEO Alex Svanevik], 20 minutes into the call he said he’d take the whole seed round.” Source
Institutional Goes Exotic: Valkyrie’s Multi-Coin Trust Eyes Staking Rewards
Investing in a basket of proof-of-stake tokens should yield about 6% annually, CIO McClurg said. Source
Public blockchain Kadena launches $100M Web3 grant program
Proof-of-work (PoW) blockchain Kadena has launched a $100 million grant program to encourage Web3 development on its platform, potentially opening the door to more use cases for the layer-one protocol. The grant program is an extension of Kadena Eco, an initiative designed to grow the Kadena ecosystem through the development of gaming, metaverse, nonfungible token (NFT), decentralized finance (DeFi) and Web3 projects. Stuart Popejoy, Kadena’s founder and CEO, said his firm will be deploying “treasury resources” to strengthen the long-term sustainability of the protocol. Web3 participants need to recognize its…
Next Earth Launches ‘Metaverse as a Service,’ Plans $60M Venture Fund
The project launched its own utility token, NXTT, at the end of January, which currently has a self-reported market cap of $181 million, according to CoinMarketCap. The token and NFT capital could self-fund the $60 million venture capital fund, said Taylor, who served as Next Earth’s token architect. However, Next Earth would rather build out its network through outside investors. Source 60mEarthFundLaunchesMetaversePlansServiceVenture CryptoX Portal