Latest News

YGG DAO Investing in NFTs Raises $1.3M From Crypto VCs

A decentralized newcomer to non-fungible token (NFT) investments has raised $1.3 million from a smattering of well-heeled veterans of crypto venture capital. Yield Guild Games (YGG), the decentralized autonomous organization (DAO) with a penchant for NFTs, raised the funds from Delphi Digital, Scalar Capital, BlockTower Capital, gumi Cryptos Capital, Ascensive Assets and Youbi Capital. YGG will use the funds to improve its protocol for distributed investing in the burgeoning NFT scene, the startup said. As a DAO, YGG pools investor assets for the purpose of betting and then profiting on NFTs, sharing the proceeds with backers. Its focus is on NFTs that intersect with the gaming space. https://www.coindesk.com/yield-guild-games-dao-funding-round-delphi-scalar
Continue Reading  

Jenny Metaverse DAO Raises $7 Million For Unicly Launch

Jenny Metaverse has raised $7 million in a pool led by renowned venture capitalists Multicoin Capital, Ascensive Assets, Animoca Brands, and Metapurse (by Metakovan). Jenny is the first metaverse DAO and social token on Unicly. Uniquely is a SushiSwap based AMM that provides shared ownership of NFTs through ERC20 tokens. The funds raised by Jenny will support the DAO’s NFT collection on Unicly. The collection uses the uJENNY token and will launch officially on May 13th, at approximately 10 AM EST.
Continue Reading  

YGG DAO Investing in NFTs Raises $1.3M From Crypto VCs

A decentralized newcomer to non-fungible token (NFT) investments has raised $1.3 million from a smattering of well-heeled veterans of crypto venture capital. Yield Guild Games (YGG), the decentralized autonomous organization (DAO) with a penchant for NFTs, raised the funds from Delphi Digital, Scalar Capital, BlockTower Capital, gumi Cryptos Capital, Ascensive Assets and Youbi Capital. YGG will use the funds to improve its protocol for distributed investing in the burgeoning NFT scene, the startup said. As a DAO, YGG pools investor assets for the purpose of betting and then profiting on NFTs, sharing the proceeds with backers. Its focus is on NFTs that intersect with the gaming space. https://www.coindesk.com/yield-guild-games-dao-funding-round-delphi-scalar
Continue Reading  

Jenny Metaverse DAO Raises $7 Million For Unicly Launch

Jenny Metaverse has raised $7 million in a pool led by renowned venture capitalists Multicoin Capital, Ascensive Assets, Animoca Brands, and Metapurse (by Metakovan). Jenny is the first metaverse DAO and social token on Unicly. Uniquely is a SushiSwap based AMM that provides shared ownership of NFTs through ERC20 tokens. The funds raised by Jenny will support the DAO’s NFT collection on Unicly. The collection uses the uJENNY token and will launch officially on May 13th, at approximately 10 AM EST.
Continue Reading  

Other News