⚡ TFC Newsletter: 04/05/2023

Web3 Accelerator Updates, AI Wallet Tracker, NFT AMMs, Non-Custodial Wallets, Web3 Referrals, and more!

Author

ToolsForCrypto Admin
April 10, 2023

💡 Intro

Bear Markets are for the Builders: Outlier Ventures released a thread list of 42 Web3 projects in their latest cohort program.

Here’s 5 projects We Think Are Most Worth Following:

  • Haha App: The Number 1 Wallet for Mobile Trading

  • Blockless: Supercharging dApp Development with ZK Serverless Execution

  • Me3 Wallet: The easiest-to-use non-custodial wallet on the planet

  • SparkWave: Web3-native loyalty platform to acquire and retain more users

  • Granola Studios: Infrastructure for avatar animation streaming across the Metaverse

If you’re building a Web3 project: AllianceDao is a great accelerator to join. Their deadline for ALL11 is coming up, on April 26th.

Another deadline is coming up on April 9th, for Outlier Venture’s Basecamp Accelerator:

  1. Ecosapiens / $3.5M — Ecosapiens, a collective that leverages creative tech to protect the climate, has secured $3.5 million in a seed funding round led by Collab+Currency. Other notable investors include Alex Witt, the Chief Financial Officer of Celo, and Ryan Carson, the former Chief Operating Officer of Moonbirds. — FinSMEs

  2. Nibiru Chain / $8.5M — Nibiru Chain, a DeFi hub, has announced the closure of an $8.5 million seed funding round, with the valuation of the company being set at $100 million. The funding round was co-led by Tribe Capital, Republic Capital, NGC Ventures, and Original Capital. — CoinDesk

  3. Franklin / $2.9M — Franklin, a Crypto Payroll Company, has closed a $2.9 million seed round. Notable crypto investor Arca joined Gumi Cryptos Capital and CMT Digital to co-lead the round of funding. — CoinDesk

  4. Astria / $5.5M — Astria, a modular blockchain technology company, has recently raised $5.5 million in seed funding round spearheaded by Maven 11. — CoinDesk

  5. Finst / $4.4M — Finst, a Netherlands-based cryptocurrency exchange, has received a 4 million euro (US$4.4 million) seed funding round led by Sentillia, the parent company of crypto derivatives platform Deribit. — CoinDesk

  6. Satsuma / $5M — Satsuma, a blockchain data indexing platform, has secured $5 million in its seed funding round. — The Block

Welcome to TFC’s daily newsletter! Thanks for subscribing, we’re working hard to give you the best info on the most exciting crypto products.

If you’re a builder, investor, or crypto enthusiast, this will benefit you!

👉 Brought to You by CoinLedger: Get your crypto taxes done in minutes. Get 10% off through our link.

Note: Do you have a product or tool you’re building? Have one you’d suggest? DM us on twitter! We’re always happy to feature products from the TFC community.

Mest

"Your AI-powered wallet tracker"

Type of Product: Wallet Tracking Tool

Purpose of Tool: Mest is a cryptocurrency wallet tracker that simplifies the accounting and tracking of crypto-assets for individual users. It provides data-driven analysis, insights and personalized visuals, making it easy to share one's blockchain story.

  1. Know your cost: Mest simplifies the management of crypto wallets and exchange accounts, providing a comprehensive overview of holdings, costs, profits and losses. It consolidates all wallets into a single balance sheet, allowing users to track value over time and optimize portfolio performance.

  2. Analyzing transactions: Mest makes data analysis easy and intuitive, enabling users to understand wallet transactions quickly without complex charts and tables.

  3. Make your blockchain story: Mest allows users to combine text, images and widgets on a canvas to showcase NFTs, transactions and insights in an engaging way.

Team / Funding / Backers / Other Info: On February 23rd 2023, Mest successfully launched their Beta phase. Since the Alpha launch three months prior, the Mest team received an impressive 600 insightful comments and valuable feedback from the 2,500 users who tested the product.

What's on the agenda for the future? Mest plans to launch several campaigns related to their Beta phase, offering incentives such as $2,400 and Mest NFTs.

“Automatically buy, sell and earn yield on your NFTs."

Type of Product: NFT DEX

Purpose of Tool: Collection.XYZ is a decentralized exchange (DEX) protocol that utilizes a particular type of automated market maker (AMM) technology. It is designed to provide users with a platform to trade Ethereum-based digital collectibles and tokens, without the need for a centralized intermediary.

In addition, Collection.XYZ also offers a vault feature that supports ERC-20 tokens and NFTs, which is intended to incentivize liquidity.

  • Automated Market Maker (AMM): Collection.XYZ uses AMM technology to create digital collectible liquidity and allow users to trade between different digital asset pools.

  • Pool Restrictions: Users can set up restrictions on the Ethereum-based tokens accepted in a given pool.

  • Vault Feature: Collection.XYZ provides a vault feature that supports both ERC-20 tokens and NFTs, which is designed to incentivize liquidity.

Team / Funding / Backers / Other Info: On April 4, 2023, Collection.XYZ officially launched its NFT Decentralized Exchange (DEX) protocol on the Ethereum mainnet. Spencer Yang, co-founder of the Singapore-based NFT infrastructure startup Gomu, has become the public face of Collection.XYZ.

ShareMint

“Launch your web3 referral program in minutes."

Type of Product: Web3 Referral System

Purpose of Tool: ShareMint is a web3 referral program platform that helps businesses engage with 1M+ web3 users and form partnerships with top influencers and brands. It simplifies the process of creating and managing referral programs, with features such as:

  • Referrals: ShareMint enables businesses to incentivize their community, web3 content creators and partners to share their projects with their peers.

  • Partner Network: ShareMint provides access to their partner network of over 1M+ web3 users, boosting reach and conversions.

  • One-Click Payouts: ShareMint offers simple tracking and one-click bulk payouts to distribute rewards.

  • Token Gating: Businesses are able to provide different affiliate rewards based on the tokens users hold.

  • Affiliate Marketplace: Web3 affiliates can find businesses in the marketplace and share their projects with their audiences.

Team / Funding / Backers Info / Transaction Amount: Just today on April 5th, 2023, ShareMint announced that it is now live on Optimism. This followed their announcement of their official integration with Paragraph on January 18th, 2023, allowing Paragraph newsletter authors to launch free referral programs via ShareMint to incentivize sharing of the newsletter.

Patch Wallets

"Giving a web3 wallet to everyone on the internet!”

Type of Product: Non-custodial Wallet Platform

Purpose of Tool: Patch Wallets is a non-custodial smart contract wallet which is created automatically for users with Web3 accounts. It is linked to their email or social media account, eliminating the need for onboarding. This is the first type of Web3 wallet that is created for users on behalf of others.

  • Airdrop NFTs to all your Twitter followers or email audience without the need to collect ENSs.

  • Gaming studios can attract new users with prefunded wallets to increase conversion.

  • Send NFT birthday cards to a Patch wallet associated with a user's mom.

  • Businesses can create wallets for users without the need for onboarding, such as Reddit Vaults.

  • Donate to a charity, cause, or artist via a Twitter handle.

Team / Funding / Backers / Other Info: On April 3rd, 2023, Patch Wallet announced their new feature that will allow customers to connect their wallet to any US or Canadian phone number. This will allow customers in these two countries to access their wallet with ease and convenience. They also plan to expand the feature to other jurisdictions coming soon.

How was the newsletter today? Your feedback helps me make this great.

Anything you want to see? Fill out this form and let us know!

Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!