According to BlockBeats statistics, the total number of financings last week was 12, which is less than before, with a total amount of about 122.8 million US dollars and an average financing amount of 10.23 million US dollars. Among them,

Infrastructure occupies the main body, digital asset management is relatively more, and NFT is not available. The following figure shows the proportion of financing in each sector last week:

Infrastructure field, Metaverse/GameFi field, other fields financing, digital asset management/payment field, NFT/digital fashion field, DeFi field, social/creator economy field, Web3.0+AI field

Metaverse/GameFi

In the Metaverse/GameFi field, there was a total of 1 financing, with a total amount of 2.8 million US dollars, accounting for 2.28% of the total financing last week. Including:

CryptoHunter World

On September 3, the P2E blockchain game platform CryptoHunter World announced the completion of a $2.8 million private round of financing, with participation from IOST, HG Ventures, Mindfulness Capital, Bigcandle Capital, Web3Wave and Layer-OTC. The new funds will support its construction of a blockchain RPG game, which is scheduled to be released in closed beta from September to October.

The P2E (Play-to-Earn) blockchain game platform is a game platform based on blockchain technology that allows players to earn actual crypto asset rewards by playing games. This model is different from the traditional "playing games for entertainment". The P2E platform combines games with the blockchain economy, enabling players to earn income through in-game activities, tasks or transactions.

DeFi

In the DeFi field, there was a total of 1 financing, with a total amount of over 80 million US dollars, accounting for 65.15% of the total financing last week. Including:

Pencils Protocol

On September 2, according to official news, the Scroll ecosystem project Pencils Protocol completed a new round of financing with a valuation of US$80 million, with Taisu Ventures, DePIN X, Bing Ventures and Black GM Capital participating. Previously in May of this year, Pencils Protocol completed a seed round of financing of US$2.1 million, with investors including OKX Ventures, Animoca Brands, Galxe, Gateio Labs, Aquarius, Presto and other well-known institutions and individual investors.

Pencils Protocol is currently the first native project in the Scroll ecosystem TVL. It is a multi-functional DeFi protocol that is committed to providing users with diversified decentralized applications (DApp) and financial services. It is a one-stop income aggregator and auction platform based on Scroll, including asset aggregation and distribution, leveraged income, auction and other functions, aiming to maximize the asset utilization of users.

Social/Creator Economy

There was a total of 1 financing in the social/creator economy field, with a total amount of approximately US$1 million, accounting for 0.51% of the total financing last week. Including:

BlaBla

On September 8, BlaBla, a decentralized SocialFi video platform based on the Morse ecosystem, announced the completion of its seed round of financing, with participation from Nebula lnvestment, the European Blockchain Association Blockchain Association of Europe (BCAEU), Hopechain, etc. The specific amount and valuation data have not been disclosed.

BlaBla plans to use the new funds to build its decentralized model and transparent reward system. BlaBla was founded by former members of the TikiTok and Meta teams. BlaBla breaks the boundaries of traditional video platforms by implementing a decentralized model and a transparent reward system, allowing every user and creator to get their fair share. Users earn tokens by watching, interacting and sharing content, while creators benefit from direct tips provided by users.

Infrastructure

A total of 5 financings in the infrastructure field, with a total amount of more than US$20 million, accounting for 16.29% of the total financing last week. Including:

Space and Time

On September 4, Gate Ventures announced that it has made a strategic investment in Space and Time (SxT) to participate in its Series A financing. The Series A financing was officially announced on Tuesday, August 27, 2024, and will advance SxT's mission in building and scaling AI-driven decentralized data infrastructure. The Series A financing will be used to advance SxT's innovative data platform, which is designed to provide verifiable and trustless data services. The SxT team is composed of world-class AI and cryptography researchers who plan to accelerate product development, expand global influence, and strengthen partnerships in the blockchain field.

Space and Time is a decentralized data platform that aims to combine blockchain data with traditional enterprise data to provide verifiable, real-time query services for dApps. It introduces a decentralized data warehouse, enabling developers to process and analyze large-scale data in a decentralized environment while ensuring data transparency and security. Space and Time also supports smart contracts, helping developers to call and verify data directly on the blockchain, so that on-chain and off-chain data can be seamlessly integrated. It solves the problem of large-scale data management and verification in blockchain applications. This investment is expected to have a profound impact on the Web3 ecosystem. With the support of Gate Ventures, SxT will continue to promote AI innovation by providing developers with key data, infrastructure, and tools.

Hypernative

On September 3, Web3 security company Hypernative completed a $16 million Series A financing round. Another Web3 security company Quantstamp led the round, and Bloccelerate VC, Boldstart Ventures, Borderless Capital, CMT Digital, IBI Tech Fund, Re7 Capital and other companies also participated.

Hypernative is a company that focuses on providing risk management and threat detection solutions in the blockchain and encryption fields. It helps projects and institutions prevent possible security threats and financial risks by monitoring on-chain and off-chain data. Hypernative's technology monitors blockchain transactions, smart contracts and market dynamics through machine learning and data analysis, and can quickly identify abnormal activities or possible attacks. This enables project parties, trading platforms, and investors to take preventive measures before security risks occur.

In short, the core of Hypernative is to provide an intelligent security protection system for the blockchain and encryption industry, aiming to detect and prevent security threats in advance.

The rest of the infrastructure financing includes:

On September 2, Ethereum Layer 2 solution Kroma completed its Series A financing. The specific amount has not been disclosed. This round of financing was participated by Asia Advisors Korea, Gate Ventures, ICC, Planetarium, Presto, RFD Capital, etc. This funding will promote Kroma's mission to make Web3 more accessible through advanced Layer 2 solutions powered by Kroma's zk proof library Tachyon. Kroma aims to make Web3 more accessible through intuitive and gamified real dApps.

Original link

On September 8, Web3 ecosystem service Nest Layer announced the completion of a new round of financing, with Manta Foundation Fund participating. The specific valuation and financing amount have not been disclosed. The new funds will be used to support the development of its product suite Dropnest. Nest Layer currently supports services including investment, node management, NFT, airdrop farming, staking, income generation and DePIN. Dropnest can simplify airdrop farming through a one-click interface.

Original link

BlockBeats news, on September 8, the comprehensive airdrop task platform Arris announced the completion of a new round of strategic round of financing, K24 Ventures, CGV FoF, DMAIL.AI, and Alco Holdings participated in the investment, the specific amount of financing and valuation information has not been disclosed, the new funds will be used to support its airdrop protocol optimization to simplify the interaction on the Web3 chain. In addition, Arris will also expand its Arris AI and optimize the return on airdrop interactions through the OiEarn model to provide points rewards to users who increase trading volume.

Original link

Digital Asset Management/Payment

A total of 2 financings were raised in the digital asset management/payment field, with a total amount of over US$8 million, accounting for 6.15% of the total financing last week. Including:

IDA

On September 2, Hong Kong stablecoin issuer IDA completed a $6 million seed round of financing, led by CMCC Global, with participation from Titan Fund, Hashed, Hack VC, Anagram, GSR, Protagonist, Brinc, Chorus One, Kenetic, SNZ, etc.

HKDA is a fiat-referenced stablecoin that aims to enhance seamless commercial and payment connections between Hong Kong and the global market. The stablecoin is designed to cross borders and time zones to provide smoother connections for global commerce and payments. In summary, as a stablecoin, HKDA seeks to provide seamless payment and business solutions for Hong Kong and the global market, with the goal of reducing currency volatility through its fiat-referenced characteristics while improving the convenience and speed of cross-border transactions.

The capital injection will enable IDA to advance the development and launch of its first fiat-referenced stablecoin, HKDA, which is designed to be regulated in Hong Kong. Initially starting in Hong Kong, IDA will leverage the cutting-edge technologies of fintech and Web3 to cover other countries whose currencies are pegged to the US dollar.

Puntored

On September 8, Puntored, a cross-border transaction fintech company on the chain, announced the completion of a $2 million financing, with the Stellar Development Foundation participating through its Stellar Enterprise Fund.

Puntored is a blockchain-driven fintech company that focuses on providing cross-border payment services and enabling cross-border transactions in Latin America through the Stellar blockchain network. It mainly explores digital wallets, enterprise embedded payment services and small and medium-sized enterprise credit, providing financial transaction services to users in rural, metropolitan and remote areas in Mexico, Colombia and Puerto Rico.

Web3+AI

A total of 1 financing in the Web3+AI field, with a total amount of approximately US$5 million, accounting for 4.07% of the total financing last week. Including:

TrendX

On September 2, according to official news, TrendX, an AI-driven one-stop platform for Web3 trend tracking and smart trading, announced the completion of a US$5 million Series A financing round, led by Promontory, Coinstash, Frontier Research, Coresky, Tido Capital and Bullperks.

TrendX mainly provides a stock market prediction system based on artificial intelligence (AI). It helps investors quickly and accurately capture stock market trends by using big data, machine learning and complex algorithms, thereby formulating more profitable investment strategies. TrendX's system captures tiny price changes by performing a large number of calculations on each stock (such as 100,000 analyses per stock), helping investors make informed decisions before market trends are released. It is reported that the new funds will be used to advance TrendX's technology development, expand market share and recruit.

Other financing

There was 1 other financing, with a total amount of US$6 million, accounting for 4.89% of the total financing last week. Including:

PuffPaw

On September 5, according to CoinDesk, the e-cigarette chain platform PuffPaw completed a US$6 million seed round of financing, led by Lemniscap Ventures. PuffPaw will be based on the Berachain network.

It is reported that the Puffpaw project plans to launch a blockchain-enabled e-cigarette that aims to help users reduce nicotine intake through token incentives. The project encourages users to quit smoking by recording their smoking habits and rewarding them with tokens. Puffpaw's token economics aims to cover 30% of the user's first month of using its products and provide social rewards. The project also considers possible system abuse, but is unclear about the problem that users may dishonestly report their smoking habits.

Original link

欢迎加入律动 BlockBeats 官方社群：

Telegram 订阅群：https://t.me/theblockbeats

Telegram 交流群：https://t.me/BlockBeats_App

Twitter 官方账号：https://twitter.com/BlockBeatsAsia