| Merit Circle intends to withdraw YGG seed round allocation; OpenSea launches Seaport Protocol (May 23)
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Merit Circle launched a community proposal to revoke YGG's seed round token allocation
Merit Circle launched a community proposal to revoke YGG's seed round token allocation
OpenSea Launches Seaport Protocol, Web3 Marketplace Protocol
OpenSea, an NFT market, announced on Friday the launch of a new Web3 market protocol, Seaport Protocol, for safe and efficient buying and selling of NFTs. OpenSea stated that Seaport's core smart contract is open source, decentralized in nature, has no contract owner, has upgradeability, and other features.
News MetaMask is recruiting a product marketing manager. This position is responsible for the planning, development and execution of MetaMask product marketing activities, as well as related product marketing activities, including market and competition analysis, customer case studies, product positioning, key product advantages and information delivery.
OpenSea said it does not control or operate the Seaport protocol, and is partnering with code4rena for a two-week protocol audit competition with a $1 million prize pool. (The Block)
MetaMask recruits a product marketing manager, or will issue Token
News MetaMask is recruiting a product marketing manager. This position is responsible for the planning, development and execution of MetaMask product marketing activities, as well as related product marketing activities, including market and competition analysis, customer case studies, product positioning, key product advantages and information delivery.
According to previous news in March, ConsenSys CEO Joe Lubin said in an interview with Decrypt that MetaMask will soon launch a decentralized autonomous organization (DAO) and plans to issue Token.
Industry news
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Industry news
According to The Block’s data dashboard, $1.048 billion in pledged crypto collateral deposited by borrowers on Anchor was liquidated on the platform between May 7 and May 12.
Project News
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Project News
Cross-chain NFT protocol ENVELOP launches SAFT wNFT tool
ZCash Development Team Launches PoS Transformation Research
community proposal
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A new proposal, Prop 1747, has been published with updated parameters. If voted through, this proposal will destroy the remaining UST in the community pool and incentivize UST for cross-chain liquidity.
Metaverse GameFi and NFT
Metaverse GameFi and NFT
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The NFT project Moonbirds announced on Twitter that the Moonbirds project is distributing Moonbirds Oddities airdrops to its NFT holders. At the same time, users are reminded that the Moonbirds Oddities series NFTs are only issued in the form of airdrops, and please do not click on any fraudulent casting links.
The NFT project Moonbirds is issuing Moonbirds Oddities airdrops to holders
The NFT project Moonbirds announced on Twitter that the Moonbirds project is distributing Moonbirds Oddities airdrops to its NFT holders. At the same time, users are reminded that the Moonbirds Oddities series NFTs are only issued in the form of airdrops, and please do not click on any fraudulent casting links.
Investment and Financing
Web3 education start-up STEMuli completes $3.25 million seed round financing, Draper Associates participates
Web3 Music Startup Medallion Completes $9 Million Seed Round Led by The Chernin Group
Medallion, a Web3 music startup, completed a $9 million seed round led by The Chernin Group, Alive VC, Betaworks, Blue Mind Capital, Coil, Copper, Flamingo DAO, Infinite Capital, Noise DAO, POAP Ventures, Polygon Ventures, Shima Capital, Spacestation, Synergis Capital, The Chernin Group, Third Prime, and music industry investors Wave Financial, Another Planet Entertainment, Dan Berkowitz, iLLENIUM, Mick Management, Mike Shinoda, Red Light Ventures, Ryan McMahon, Ryan Rabin, Tycho and tvg hospital participated . The new financing will be used for early product development and to grow Medallion's engineering and product teams and recruit additional talent. (Digital Music News)
STEMuli, a Web3 education start-up company, announced the completion of a $3.25 million seed round of financing, with investors including Slauson & Co, Valor Ventures and Draper Associates, and WNBA star Renee Montgomery. STEMuli will use the new financing to expand into New York, California, Illinois, Georgia and Washington, DC.
According to reports, STEMuli has created a core classroom platform based on 3D games, which aims to connect companies with the K-12 workforce and strive to narrow the achievement and employment gaps of users. (Essence)
STEMuli, a Web3 education start-up company, announced the completion of a $3.25 million seed round of financing, with investors including Slauson & Co, Valor Ventures and Draper Associates, and WNBA star Renee Montgomery. STEMuli will use the new financing to expand into New York, California, Illinois, Georgia and Washington, DC.
Parcl, a startup digitizing real estate investing through the Solana blockchain, provides investment exposure through synthetic assets called "Parcls". In late March, Parcl launched its first testnet and plans to launch a second testnet on May 23, followed by a mainnet launch at the end of the second quarter. (PR Newswire)
According to official news, NFT lending platform AFKDAO announced the completion of a $3 million private placement financing, with participating investors including AC Capital, YGG SEA, Hoo Labs, Avocado DAO, Yunko Association, Youbi Capital, GEMS, Sharding Capital, CryptoVN, Keys Labs, Blokpact, Koi Capital, IOBC, Play It Forward DAO, Lead Capital, SilverFox Foundation, Hot DAO, FishDAO, NFV, WAGMI33, and GMC Capital.
Web3 game and e-sports platform Joystick completes $8 million in seed round financing
NFT lending platform AFKDAO completes USD 3 million private placement financing, AC Capital, YGG SEA and others participated in the investment
iZUMi Finance, the multi-chain DeFi protocol, announced the completion of US$30 million in financing, including from institutional investors such as Ivy Venture, Cobo, and Mirana, of which more than US$10 million came from the convertible bond financing (Bond Vouchers) in cooperation with Solv Protocol.
DeFi protocol iZUMi Finance raised $30 million, with participation from Ivy Venture, Cobo, etc.
iZUMi Finance, the multi-chain DeFi protocol, announced the completion of US$30 million in financing, including from institutional investors such as Ivy Venture, Cobo, and Mirana, of which more than US$10 million came from the convertible bond financing (Bond Vouchers) in cooperation with Solv Protocol.
At the same time, iZUMi also announced the launch of iZiSwap, an innovative DEX on the BNB Chain. This DEX pioneered a new type of discrete liquidity DL-AMM protocol, which has the characteristics of capital efficiency thousands of times higher than the traditional constant product AMM. Investors provide better depth and provide more returns for LPs. Currently, iZiSwap has a TVL of 13 million US dollars and a 24-hour trading volume of more than 1 million US dollars. (CoinDesk)
global policy
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U.S. congressmen Byron Donalds, Warren Davidson, Young Kim, David Schweikert, and Tom Emmer jointly submitted a new bill "The House Companion of the Financial Freedom Act of 2022" on Friday In protecting the ability of U.S. investors to add cryptocurrencies such as bitcoin to their 401(k) retirement plans. If passed, the bill would prevent the Labor Department from limiting the types of investments 401(k) account holders can choose.
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Plan B: The bear market is coming to an end, and the price of Bitcoin has bottomed out
CoinGecko: The Federal Reserve's interest rate hike will make the encryption market full of challenges in the next 12-18 months
CoinGecko co-founder Bobby Ong predicted that the next 12 to 18 months will be challenging for the crypto market as the Federal Reserve raises interest rates to curb inflation and is now at the beginning of a rate hike cycle. In addition, Bitcoin and cryptocurrencies are now closely related to traditional finance and are considered technology stocks/risk assets, so the decline in the stock market will also affect the crypto market.
G7: Encrypted assets should follow the same standards as traditional financial assets
