Reddit Collectible Avatars Has More Than 10M Users Now

There are currently a total of 9,909,465 million holders for the Reddit collectible avatars aka the Reddit NFTs. Just within 11 months since its launch in July 2022, Reddit Collectible Avatars have seen massive traction with more than 10 million holders of its collectible avatars. As per the data from Dune Analytics, there are currently a total of 9,909,465 million holders for the Reddit collectible avatars aka the Reddit NFTs. Of them, 7.7 million holders have been identified as single collective avatar holders. These are the holders that do not…

Reddit collectible avatars onboard nearly 10M into the crypto, NFT space

Social platform Reddit is close to breaching 10 million holders of its collectible avatars, or “Reddit NFTs,” nearly 11 months after its launch in July 2022.  According to Dune Analytics, there are currently a total of 9,909,465 million Reddit collectible avatar holders. Around 7.7 million of these are identified as single collective avatar holders, or those that do not have multiple wallets. Reddit Collectible Avatars – Source: Reddit Reddit launched a collectible avatar marketplace on the Ethereum scaling network Polygon in July 2022. NFTs in the customizable collection have been…

Foresight Ventures pledges additional $10M for Web3 accelerator

On May 24, Singaporean venture capital (VC) firm Foresight Ventures announced it would pledge an additional $10 million to its Foresight X Accelerator, bringing its total to $20 million. The move comes as the firm opens the second phase of accelerator applications, which will focus on Web3 projects building in the artificial intelligence (AI), zero-knowledge (ZK), machine learning, Bitcoin (BTC), liquid staking derivatives and nonfungible token ecosystems. Previously, Foresight earmarked $10 million for its accelerator, which launched in November 2022. In its first phase, Foresight focused on 30 companies from…

Solana integrates AI into blockchain, raises grants fund to $10M

On May 23, the Solana Foundation, a nonprofit dedicated to maintaining and developing the layer-1 Solana blockchain, announced that it has integrated artificial intelligence (AI) using a ChatGPT plugin developed by Solana Labs.  As told by developers, the ChatGPT plugin is available for download from GitHub and will “make it easier to understand Solana data and protocols, or surface data about Solana’s computing infrastructure and DeFi projects.” Current functions for the plugin include purchasing nonfungible tokens (NFTs), transferring tokens, inspecting transactions, interpreting public account data and finding NFT collections by…

Reef Labs Is Launching a $10M Accelerator Program to Empower Web3 Projects in the Middle East – Press release Bitcoin News

press release PRESS RELEASE. Reef is thrilled to announce the launch of a $10 Million Accelerator Program for Web3 projects building on the Reef Chain, which are based out of the Middle East. The program, managed by Reef Labs, aims to support, incubate, and invest in promising Middle East-based Web3 developers, teams, and projects building on the Reef Chain. The rise of blockchain/Web3 applications in the Middle East are setting the stage for remarkable technological progress and innovation. Reef has already made a significant impact in the region by securing…

TABOO Pushes Its Valuation to $250M Following $10M Funding Round

The TABOO token was designed to serve as a major utility token to help every user of the platform to get the most utility from using the services. TABOO, an adult entertainment platform, has raised a sum of $10 million in funding as it seeks expansion of its service offering using the power of blockchain technology. According to a press release shared with Coinspeaker, TABOO is now valued at $250 million following the funding round. According to the announcement, the funding round for TABOO was led by a private family…

Taboo raises $10m to expand entertainment platform

Taboo, an entertainment platform that prioritizes user privacy and is censorship-resistant, has raised $10m at a $250m valuation. TABOO’s blockchain content creation and distribution  Taboo offers users a secure environment to share their thoughts and ideas without fear of surveillance or censorship. The platform leverages blockchain technology and cryptographic protocols to keep user data private and secure while enabling users to retain full control over their data. Additionally, Taboo uses its native TABOO token to incentivize content creators and facilitate on-chain transactions. The successful fundraising highlights the potential of Taboo’s unique value proposition.…

BNB NFT marketplace Tabi raises $10M in angel funding

Tabi, the nonfungible token marketplace previously as Treasureland, has completed a $10 million angel funding round, the BNB Chain-based platform announced on May 10. The funding was seeded by venture capital firms Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures and Youbi Capital. Individual investors include Bo Feng of Dragonfly Capital, Riyad AD of Saudi Arabia, and Suji Yan of Mask Network. According to developers, the funds will be primarily used to develop Tabi’s gaming ecosystem and construct its upcoming on-chain identity protocol. Aside from its NFT…

ZkLink Raises $10M From Backers Including Coinbase Ventures

“zkLink plays a crucial role in shaping the future of the crypto landscape by leveraging the potential of ZK technology,” co-founder Vince Yang said in an email to CoinDesk. “For newcomers to the field, envision a scenario where DeFi trading delivers comparable user experience, efficiency, and speed as centralized exchanges, but also provides the advantages of being trustless and non-custodial.” Source 10MBackersBitcoinCoinbasecryptoexchangeExchangesIncludingRaisesVenturesZkLink CryptoX Portal