WalletConnect, a web3 infrastructure startup that connects crypto wallets with DeFi applications, has raised $11 million in a Series A funding round co-led by Union Square Ventures and 1kx. In addition to Union Square Ventures and 1kx, other venture capital firms to participate in the round included Coinbase Ventures, Buckley Ventures, Zerion. Prominent angel investors were also there such as Alex Svanevik, Eric Conner, Vadim Koleoshkin, Arjun Bhuptani, Joel Thorstensson, Matias Woloski, Scott Moore, Spencer Yang, Han Hua, Jin Chung, Mike Demarais, Christian Baroni, Bruno Barbieri, Alexander Salnikov, Viktor Bunin, Mara Schmiedt, Wayne Chang, Gregory Rocco, Anna Rose, Ajit Tripathi and Alex Harley. The Series A round brings WalletConnect’s total valuation to $12.25 million. The company previously raised $1.25 million in a seed round led by 1kx in April 2021. We are happy to announce that we have raised 11M to build out the messaging layer for Web3 🚀https://t.co/MXVnX5K2nj — WalletConnect 📲 (@WalletConnect) March 8, 2022 WalletConnect is in the process of developing a multi-protocol messaging network that will allow WalletConnect wallets to message each other. The company is also working on building a push notifications protocol from apps for both on-chain and off-chain events. Founded in 2018, WalletConnect has integrations with over 100 wallets and more than 200 applications, including Twitter.

The post WalletConnect Raises $11M to Build Messaging Layer for Web3 appeared first on Cryptoknowmics-Crypto News and Media Platform.

Digital Currency infrastructure services provider, WalletConnect has raised the sum of $11 million in a Series A funding round from venture capital investors. (Read More)

All you need is an Android device or Vive headset.

San Francisco, CA, Feb 22, 2022 - (ACN Newswire) - The APIS is a community-owned indexing protocol for reading and writing to public blockchain networks. The protocol's initial product is a fast and powerful one-stop data analysis for Ethereum and its quickly growing layer-two scaling solutions known as rollups. The APIS has reinvented the way non-fungible token (NFT) data analysis works, with both generalized and customized features that allow users to oversee the entire Ethereum-based NFT market.

While funded through decentralized private sales thus far (with participation from 26 countries), The APIS plans to attract public participation from its community through the launch of Liquidity Bootstrapping Pool (LBP) that will start from the 24th of February and end on the 1st of March.

What Is The APIS

The APIS's first product is a one-stop blockchains data analysis platform, allowing users to customize their non-fungible token experience via the aggregation of analytical tools. Users will obtain access to extensive data analytics for digital assets across all public blockchain networks, both layer-one and layer-two scaling solutions. Users can deep dive into their own data or that of others, presented through customized graphics and interfaces. The APIS will expand on their initial product launch through the utilization of their indexing protocol, allowing for additional analytical tools for public blockchain users, such as those pertaining to decentralized finance (DeFi).

The APIS Derivative Token ($API)

Platform users will be able to earn and utilize the $API token to oversee and continue the growth of the network. The $API token is the native token of The APIS protocol, deriving its utility from staking by API Nodes and Gateways (the two parties that enable the decentralized function of The APIS protocol), dispute resolution among any API DAO members, staking by API rollup validators, and the governing of all assets and cash flows obtained by The APIS protocol.

How Can Users Participate in $API LBP

In order to take part in the public launch, users are required to follow three steps. First, click the token page on The APIS website once LBP begins (which has started today). Then, click on the button "Join Balancer LBP," reading and clicking on the disclaimer to accept it. This will take users to $API LPB. Lastly, one needs to connect a compatible Web3 wallet such as MetaMask, Coinbase Wallet and WalletConnect. The important thing to note is that users must already possess a Balancer-supported asset, such as ETH or USDT, in order to participate after finishing the above steps.

Social Links
Twitter: https://twitter.com/TheAPIS_xyz
Discord: https://dsc.gg/theapis
Medium: https://theapisxyz.medium.com/

Media Contact
Brand: The APIS
Contact: Martha Lee, Community Lead
E-Mail: [email protected]
Website: https://www.theapis.xyz/

SOURCE: The APIS

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

BNB100X is a high-yield farming DApp on the Binance Smart Chain. It allows users to maximize their crypto holdings by receiving a steady return on investment. Investment duration ranges from 7 days to 30 days with a 119% return to as high as 234% return. It is one of the highest and fasting paying high yield farming protocols on BSC allowing users to live off of their BNB. BNB100X offers a wide variety of crypto investment options to choose from. It is a decentralized financial smart contract platform which is a self-executing contract locked directly in computer code. The code is immutable, meaning that it can neither be edited nor changed, sticking to the core program. It is not controlled by any major party and is outside the reach of governments or banks. Since it is a trestles application, people can interact directly with the smart contract without the need for an intermediary. No one entity can gain control of the system either, which protects it against attack and collision resistance. BNB100X is an authentic high yield investment option that is growing quickly in the DeFi space. It is a highly secure contract with no backdoor confirmed by a trusted auditing company. BNB100X offers some of the highest returns on investment across DeFi, allowing investors’ crypto to work for them while they continue holing their coins. Crypto investing has never been as easy as this. BNB100X will provide the same returns through bull and bear markets, making it a perfect opportunity to ride out the market while it is in a downtrend. How To Get Started Using BNB100X is a straightforward process. With a few simple steps, you can start investing your BNB and making daily returns which can be withdrawn at any time. Create a Wallet The first step is to create a wallet with Metamask or WalletConnect. Once open, add the Binance Smart Chain to the network. Transfer BNB and Connect to Wallet The next step is to transfer BNB to your wallet address. Users can use their existing BNB or buy BNB. After this, click “Connect +” at the top of the website.  Pick Investment Duration and Make a Deposit Once the wallet is successfully connected, scroll down and pick the number of days to invest for, as well as the amount of BNB to invest. Click “Invest”. A window will open up to your wallet where you will confirm your deposit. How Are Crypto Dividends Calculated? Dividends are calculated according to the duration selected by the user. The lowest is seven days, which attracts a 119% return. These dividends are calculated and paid every second. Investors can either choose to wait for the duration of the investment or withdraw dividends by clicking the “Withdraw” button. The withdrawn BNB is automatically transferred to the wallet. Earn Crypto With BNB100X Referral BNB100X also offers a withdrawal system that pays up to 5% of the amount deposited from the referred wallet. This is another way for investors to earn passive income as they get a percentage for each level of referrals. The more referrals, the more the earnings.  Happy Investing! Media Contact Website: https://bnb100x.com/ Telegram: https://t.me/BNB100x

The NFT heat is getting more fierce as the world’s biggest online video company expresses its strong interest in this trend. NFTs are on their way, and YouTubers must be prepared. YouTube CEO Susan Wojcicki revealed in a recently published letter that NFT integration is part of the company’s future strategic plans. The goal of [...]

The post Youtube Teases NFT Integration, Finally appeared first on Blockonomi.

Join us as we look back at 2021 and reflect on the year’s massive adoption of crypto. The year was packed with growth for BitPay, new merchant partners, and the crypto community. From celebrating our 10 year anniversary to launching new BitPay features to major retailers announcing the acceptance

The Payhub family is keeping up with the token times by launching the new feature of wallet integration for their three crypto games, BitKong, Luckydice, and Simpledice. The games will now directly connect to 3 different apps, Walletconnect, Metamask, and Coinbase Wallet. With this new feature, users will be able to exchange, swap or invest […]

2021 was a great year for NFTs. It was one of the most talked-about topics in crypto that seeped into mainstream society and netted mentions in general entertainment programs such as SNL and Jimmy Fallon. In the NFT space, what catches the most number of eyeballs is usually the launch of a new NFT art […]

The post OpenDAO Airdrops SOS on OpenSea Community appeared first on Coin Bureau.

Nowadays, the majority of the NFTs is created and revolves on the Ethereum blockchain. The main criteria operated for making NFT tokens on the...

Three years ago, a cryptocurrency game got so popular that players brought the Ethereum Network to its knees just to win. Today, that game, Fomo3D is back, but instead of suffering the high transaction costs that plagued its predecessor, it--and its token counterpart, P3D--utilize the Binance Smart Chain to make the game more accessible to ordinary players. 

At the moment, the game has only been running since November 11th, but the prize pot has already surpassed 481 BNB, or $275,000 USD. The game's mechanics are somewhat simple: players buy keys to contribute to the pot, the pot is attached to a 24 hour clock that is continuously counting down, whoever buys the last key collects the jackpot. Every time a key is bought, 30 seconds are added to the clock and the price of the next key increases slightly. However, even if somebody else wins the jackpot, keyholders and token-stakers still collect passive income through dividends from key purchases. Furthermore, when the clock runs out, those still holding tokens receive portions of the jackpot proportional to their share of tokens. 

What makes the token itself even more enticing is its usage of a deflationary mechanism, every time a holder sells their share of coins, 10% are automatically burned. Since the launch of the P3D token, over 15% of its original billion coins have already been burned, which is great for investors. While other coins such as the extremely popular Shiba Inu token excitedly talk about their coin burning down until the value is .01 USD within five years, holders of P3D may very well see that sort of price point within a few months, if not weeks.

“We had a lot of burn even before the game launched,” said developer Smokey Nagata, “I think a lot of people saw some of the hype around the launch and thought it would be a good opportunity to make a quick profit, but I'm sure a lot of them are kicking themselves right now.”

However, it is exactly this kind of hit-and-run approach to cryptocurrency that made “Smokey” want to revive the game for 2021. 

“It's been a big year for cryptocurrency,” explained “Smokey,” “investment news channels talk about NFTs and Dogecoin with the same seriousness as they do the DOW and NASDAQ; but it's still the Wild West. People talk about Fomo3D as if it was just a game, but it was so much more than that. The overall project, the Proof of Weak Hands (PoWH) was originally designed as a commentary about the state of the cryptocurrency market back in 2018: it was mocking the jargony buzzwords and slapdash whitepapers that riddled the landscape back then. Ironically enough, it's probably more relevant today than even when it was originally launched.”

Keys for the lottery are available for purchase on the FOMO3D website and can be purchased using Metamask, TrustWallet, and WalletConnect.  As of now, the P3D token is exclusively available on PancakeSwap and Rubic Exchange, but the developers have eyes on expansion, if not outright global domination. 

“What do I think will be the endgame?” “Smokey” could only speculate, “maybe a few crypto billionaires will be left to fight it out, maybe nations will band together to win it all, or maybe the entire network will crash like in 2018. All I know is it's gonna be a bloodbath.”

To connect with the team behind Fomo3D and P3D, follow their Twitter, or join them on Telegram.
To learn more in-depth about the game's mechanics, check out the FOMO3D Wiki.

With so many new decentralized finance (DeFi) protocols emerging almost daily on the Ethereum blockchain, those in the crypto space hear almost every day...