Cryptoday 11.11 | Kingdom Raids, a blockchain game, has completed a $750,000 seed funding round led by Animoca Brands
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Cryptoday 11.11 | Kingdom Raids, a blockchain game, has completed a $750,000 seed funding round led by Animoca Brands
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Cryptoday is a daily news column under TechFlow, focusing not on "news," but on asset movements.
One problem, once fully understood, is already half solved. Truly understanding something is extremely difficult.
—Charlie Munger
Funding Updates
Agoric, a Cosmos-based smart contract platform, raises $32 million and launches mainnet
Agoric, a smart contract platform built on Cosmos, has raised $32 million through a private token sale and launched its mainnet, AMM, and native stablecoin RUN. Investors in Agoric include Polychain, Naval Ravikant, Placeholder, NGC Ventures, Spartan Group, Compound VC, Acrew Capital, Figment, and Chorus.One. Agoric’s total funding to date reaches $38 million.
Play-to-earn game Kingdom Raids secures $750K seed round led by Animoca Brands
Blockchain P2E role-playing game Kingdom Raids has completed a $750,000 seed funding round led by Animoca Brands, with participation from Kingsway Capital. The funds will be used for the development and expansion of Kingdom Raids. Additionally, Yat Siu, Executive Chairman and Co-Founder of Animoca Brands, has joined the project as an advisor.
Blockchain project Massa raises €5 million, with ZBSCapital among investors
Blockchain project Massa has announced the completion of a €5 million funding round, backed by BlueYard, Acecap, Numeus, Charlie Songhurst, Dascof, Mediapps, Ariane Capital, Andurance Ventures, Aussie Capital, ZBSCapital, and Bpifrance. Massa's testnet launched on July 17 and is currently in its third phase, with developers working on smart contract functionality.
GuildFi, NFT gaming infrastructure startup, raises $6 million in seed round
Thai-based NFT gaming infrastructure company GuildFi has secured $6 million in a seed funding round co-led by DeFiance Capital and Hashed, with participation from Pantera Capital, Coinbase Ventures, Alameda Research, Animoca Brands, Dapper Labs, Play Ventures, Coin98 Ventures, and SkyVision Capital. GuildFi aims to connect games, NFTs, and communities via Web3 infrastructure, elevating gaming guilds to a new level with the goal of maximizing player lifetime value and enabling cross-metaverse interoperability. (DealStreetAsia)
P2E blockchain game MixMob completes angel round, backed by Solana Ventures
Solana-based play-to-earn (P2E) game MixMob has completed its angel funding round, with undisclosed terms. Investors include Solana Ventures, DeFiance Capital, QCP Capital, Merit Circle, Arthur Haye, Darren Lau (founder of The Daily Ape), Alex Svanevik (CEO of Nan sen), Oliver Blakey (partner at Ascensive Assets), Pavel Bains (founder of Bluzelle Networks), QCP/PSV, Dave Waslen (CEO and co-founder of WilderWorld), and Eric Dadoun (CEO of DeZy Finance). MixMob will now focus on new visual effects, rare masks, and additional pre-sale challenges.
DeFi
Maker plans to launch cross-chain bridge Wormhole and deploy MCD on L2 next year
Maker’s core engineering team has announced the upcoming launch of Maker Wormhole, a trustless cross-chain bridge designed to connect DAI across Ethereum and Layer 2 networks, starting with Arbitrum and Optimism. The team also plans to deploy MCD (Multi-Collateral DAI) on Layer 2. Maker Wormhole generalizes the previously proposed “fast withdrawal” solution and operates entirely without trust. Fast withdrawals are expected to go live in Q1 next year, while Wormhole is scheduled for release in Q2, with future expansions to more L2 networks under consideration.
SumSwap V3.0 successfully deployed on L2 network Arbitrum
SumSwap V3.0 has been successfully deployed on the L2 network Arbitrum and will officially go live on November 17 at 7:00 UTC. SumSwap V3.0 is a decentralized protocol built on smart contracts. Arbitrum is an Ethereum Layer 2 solution based on Optimistic Rollup technology. With this deployment, SumSwap gains improved design, enhanced features, approximately 90% lower transaction fees, and significantly faster transaction speeds.
NFT/GameFi
Trading card brand Topps launches Bundesliga 2021–2022 season NFT cards
On November 11, trading card brand Topps announced the launch of its Topps Series 1 – 21/22 Bundesliga NFT cards, allowing fans to follow and relive the most memorable moments of each Bundesliga match month on ToppsNFTs.com, a blockchain platform built on Avalanche. Throughout the Bundesliga season, Topps will release NFT cards showcasing top matches and star players, documenting their history with audio commentary. Each drop will capture key moments and emotions from the 2021–2022 Bundesliga season in the form of unique NFT collectibles.
NFT marketplace Rarible integrates Flow blockchain
NFT marketplace Rarible has announced integration with the Flow blockchain, enabling users to create, list, and trade Flow-based NFTs directly on Rarible.
YGG, Merit Circle and other guilds partner with multiplayer action RPG Big Time
Multiplayer action RPG Big Time has partnered with a series of gaming guilds, including Yield Guild Games (YGG), Merit Circle, Avocado Guild, Black Pool, Unix Play-to-Earn, Polkastarter, #goLOUD, YGGSEA, Ready Player DAO, and 3D Gamers Guild. These guilds will be among the first participants in its new SPACE product, ushering in a new era of player-owned economies. Big Time is developed by Big Time Studios, founded by the former CEO of Decentraland, allowing players to trade NFT-based virtual items.
Other
Carbon trading marketplace Coorest to launch on Polygon
Carbon trading marketplace Coorest will launch on Polygon. Coorest is a digital marketplace for carbon trading, designed to offset emissions generated by blockchain and smart contract operations. By leveraging Polygon, Coorest NFTrees will enable transparent carbon dioxide trading on the blockchain.
Ethereum scaling solution zkSync to enable fiat on/off ramps via OKEx
Matter Labs, the team behind Ethereum scaling solution zkSync, has announced a partnership with OKEx. Their first joint initiative will support direct fiat deposits and withdrawals to zkSync’s Layer 2 network via OKEx. This integration is currently underway, with OKEx planning to expand further services on zkSync in the future.
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