Web3 social network Between raised $1,6 million in a seed round. Octane Fund was in the lead, took part Service Provider Capital, CreatorLed, Kube V.C., Umami Capital, Dharmesh Shah.
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Between – Web3 social network for entrepreneurs and professionals, which was launched in 2019 in Texas. About 70000 users have downloaded Between, which quickly created a strong community of investors and technical specialists, the social network has become a leader in the emerging Web3 industry in its direction. Between was presented in CoinTelegraph и Coinbase Bytes for its integration with crypto wallets and blockchains such as Deso, Coinbase, Metamask и Wallet connect. It supports Web3 but is not built solely on the blockchain to create a more versatile and inclusive platform open to all.
RedemptionGames separated from AppLovin Raised $7M in a seed round as an independent game development studio. Leading PLay Ventures, took part Bitkraft Ventures, Merit circle, OrangeDAO.
It all started with Jam City, a California-based company with a huge history in the field of games, at that time released a popular mobile game Sweet Escapes before it was bought. Michael Witz and Dan Lin were behind the game's success Cookie Jam, which eventually brought in more than $500 million for Jam City. Overall, game sales exceeded $1 billion.
Cookie Jam came out in 2013 and then Jam City acquired Mob Science, another game development studio founded by Witz and Lin. They became the founders RedemptionGames in 2019 and started development from their studio on Sweet Escapes with financial support AppLovin, which initially invested in RedemptionGamesand then bought it altogether.
But under the guidance AppLovin, RedemptionGames didn't stay long, Michael Witz and Dan Lin bought out their own indie studio, which is now working on new games in an effort to bring new technologies to the mass market, including a new approach to NFT and the use of AI. Blockchain technology is part of the overall solution that the company plans to provide to users.
Firstly RedemptionGames focuses on free-to-play games that will be available to players whether they use the blockchain or not. Reducing inconvenience and compact solutions in games is of paramount importance to the studio. However, according to Witz, RedemptionGames can add Web3 elements for players who will need it.
Digital fashion startup Dress X closed the Series A round for $15 million. Greenfield, took part Slow ventures, Warner Music Group, The Artemis Fund, RED DAO. Co-founders Daria Shapovalova and Natalya Modenova declined to share the valuation, but said there was upside from the previous $10 million seed valuation.
Dress X is a startup developing NFT collections from brands and 3D designers. The startup provides digital clothing that users can use in the digital space, as well as their photos and videos to be shared on various platforms. Founded in 2020 Dress X was looking for ways to introduce online fashion, but decided it was too early.
A little later, the startup nevertheless joined the digital fashion, and began to make NFTs that could be demonstrated in Roblox и Instagram. After that Dress X managed to attract about 250000 users. As digital fashion grows in popularity, Dress X found its audience, which at that time understood Web3 and began to dive deeper into the world of NFT. March last year Dress X Launched your marketplace and partnered with the exchange Crypto.com, releasing NFT Super with them. Among these NFTs were cup-shaped outfits created by fashion label Dundas for singer Mary J. Blige.
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