⚡ TFC Newsletter: 04/07/2023

Which Brands Announced NFT Launches Recently, Web3 Passport Stack Explained, Polygon NFT Aggregator, Web3 Analytics, Creator Platforms, and more!

Author

ToolsForCrypto Admin
April 10, 2023

💡 Intro

🥳 Happy Friday!

What a week in the Twitter x Substack wars: Twitter has now stopped all Substacks from embedding tweets. The TFC team is working on a better-looking alternative to screenshots, so stay tuned for that.

Also: the first Airdrops / Rewards guide is dropping this weekend! We’re excited to launch this series and have some super valuable notes to show.

Have a good weekend!

This week, a slew of big brands announced upcoming NFT launches.

Important to note: not every big brand NFT launch does well (in-fact, a lot flop).

But the more NFTs get tied to big, well known brands, the more trusted they become in the eyes of the average consumer.

Looking for some weekend reading? This Mirror post from Cryptblizz is fantastic and is a great deep dive into the current Web3 Passport Stack.

Over the past year: the wallet & Web3 social space has changed dramatically. Instead of staying as simple wallets, dapps have transformed & added utility way outside their original use case.

Some of these changes include:

  • Passports have evolved to become more than transaction and balance lists.

  • Many Wallets / Passports now include domain names and decentralized identities over traditional addresses

  • Security / Recovery has transitioned from purely seed phrases to also include social recovery mechanisms, multi sig wallets, and more

  • Various mobile passports have started to integrate these social networks as features within their application

  1. Lore / $4M — Multicoin Capital has led a strategic funding round that raised $4 million for Lore, a platform for Web3 collectives to co-own assets. — CoinDesk

  2. Opside / $4M — Web3.com Ventures has led a successful $4 million seed funding round for Opside, a state-of-the-art platform that offers a three-layer infrastructure solution featuring ZK-RaaS (ZK-rollup-as-a-service). — Coin Telegraph

  3. Patientory / $1.5M — Patientory, a decentralized computing platform for storing medical records based on Ethereum, has announced the closing of a $1.5 million pre-seed round. — Axios

  4. Social Future / $6M — A company specializing in AI-driven social metaverse, Social Future, has secured $6 million in funding successfully. — Business Wire

  5. Steer Protocol / $1.5M — Druid Ventures has led a Seed funding round that raised $1.5 million for Steer Protocol, a decentralized computing protocol. Other investors in the round included Republic Capital, Big Brain Holdings, and several other noteworthy VC firms and angel investors. — Wate

  6. Huddle01 / $2.8M — Hivemind, a prominent digital asset investment firm, has led a Seed Round that raised $2.8 million for Huddle01, a company creating the world's first decentralized real-time communication (dRTC) network. — FinSMEs

  7. Yuliverse / Undisclosed — LIF has led a seed round for Yuliverse, a mobile metaverse app that blends social networking and gaming. Other participants in the funding round included Archerman Capital, Animoca Ventures, Lionrock, and several others. — Tweet

  8. Metropoly / $1.1M — Metropoly, the world's first NFT marketplace backed by real estate, has reached a significant milestone with presale values crossing $1.1 million. — Techopedia

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!

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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.

Dew

“Pro NFT aggregator for traders on Polygon"

Type of Product: NFT aggregator

Purpose of Tool: Dew.gg is a Non-Fungible Token (NFT) aggregator tailored for professional traders on the Polygon Network. It is designed to provide users with an intuitive, efficient and secure trading experience. It offers a wide range of features and services to cater to the needs of experienced traders, as well as those who are new to NFT trading.

  • Attribute Filter: Dew.gg has recently revamped its Attribute filter for a more user-friendly experience. Users can easily type to search and select multiple attributes with ease. The display of Lens Profiles has also been upgraded to show names instead of IDs.

  • Seamless User Experience: Dew.gg extends its enhancement to additional collections like domains and game items for a seamless user experience.

  • Referral Feature: When joining the platform, users can receive up to 5 invitation codes. Distributing these codes wisely can benefit users in terms of D Points (DP) earnings, as the more DP their invitees collect, the more they will benefit.

Team / Funding / Backers / Other Info: On March 27th, 2023, dew.gg celebrated its launch with the support of notable investors such as Circle, Polygon Labs, and other leading venture capital firms. The platform managed to amass an impressive 20,000+ users twenty four hours after the invite codes were sent out.

Paragraph

“Write content, grow your audience, and foster a community like never before."

Type of Product: Web3 Publishing Tool

Purpose of Tool: Paragraph.xyz is an innovative web3-native publishing platform that enables creators to easily publish blogs, newsletters and other content for virtual communities. It allows creators to leverage the power of web3 tools to create, distribute, and monetize their content. Paragraph.xyz also offers unique features such as NFT memberships and special edition NFTs, giving readers ownership and access to exclusive resources.

  • NFT Memberships: Paragraph.xyz allows users to create NFT memberships for their virtual communities, granting readers ownership and access to exclusive content.

  • Special Edition NFTs: Creators can mint special edition NFTs that offer additional features and benefits to their readers, such as special content, comment privileges, and Discord access.

New Feature: Paragraph AI - Use GPT-4 natively in Paragraph to create, edit, & improve your writing effortlessly.

  • Title Generation: Paragraph AI's GPT-4 feature can generate creative titles for posts and newsletters, helping creators craft attention-grabbing headlines.

  • Outline Creation: GPT-4 can generate structured outlines for posts, allowing creators to quickly organize their thoughts.

  • Full Post Generation: GPT-4 can generate entire article drafts or blog posts, providing a solid foundation to build upon or refine.

Team / Funding / Backers Info / Transaction Amount: On October 24, 2022, Paragraph.xyz announced that it had successfully closed a pre-seed round of investment, with the lead investor being Lemniscap and contributions from Binance Labs, FTX Ventures, Global Coin Research, Sfermion, Seed Club and a number of other investors. The total raised was $1.7 million.

Helika Analytics

"Understand your users, increase engagement + drive growth"

Type of Product: Analytics

Purpose of Tool: Helika Analytics is a powerful Web3 gaming and NFT analytics platform, enabling users to understand and grow their web3 communities. It is designed to be simple, customizable, and no-code, and offers integrated data from on-chain, off-chain, web2, and zero-party sources. In addition,

  • Define: Create custom slices of activity, users, or other KPIs - based on specific business context and model.

  • Understand: Visualize and analyze activity metrics to make sense of key engagement, growth, and revenue metrics.

  • Connect: Link together all relevant product and engagement data in one place, including social, on-chain, and private data warehouses.

  • Integrated Data: On-chain, off-chain, web2, and zero-party sources.

  • In-Context: Visibility into other web3 communities and the broader market.

Team / Funding / Backers / Other Info: On March 1st, 2023, Helika Analytics announced that it had successfully raised $4 million in seed funding from notable investors such as Diagram Ventures, Sfermion, Sparkle Ventures, Big Brain Holdings, Fenbushi, and Builder Capital. The investment round was led by Diagram Ventures and received a great deal of support from the other venture firms mentioned.

Recap NFT Gallery

"Bridging the gap between NFTs and taxes with AI appraisals”

Type of Product: NFT Gallery

Purpose of Tool: Recap NFT Gallery is a platform designed to bridge the gap between NFT portfolios and taxes by providing users with AI-driven appraisals, profit and loss data, and calculations of their overall crypto tax position and crypto-net worth. This tool helps NFT collectors and investors to track, manage, and monitor their tax implications related to their NFT portfolios.

  • AI Appraisals: real-time AI appraisals of NFTs, enabling users to stay informed of the value of their collections and track their portfolio's performance.

  • Tax Optimisation: helps users to understand their tax position and make informed decisions to minimise their tax liabilities while staying compliant with regulations.

  • Stunning Visual Display: features a sleek, user-friendly gallery to showcase NFT collections and make managing digital art a breeze.

  • Seamless Integration: automatically syncs with supported wallets to provide up-to-date and accurate information.

  • Robust Security & Privacy: employs end-to-end encryption and zero-knowledge architecture to ensure users' data remains safe and secure.

  • Expert Support: dedicated support team to answer any questions and provide assistance when needed.

Team / Funding / Backers / Other Info: The Recap NFT Gallery is the latest feature of Recap, a private crypto tax software and crypto portfolio tracker.. This revolutionary product was created by the co-founders Dan Howitt and Ben Shepheard, who founded the private crypto tax software and crypto portfolio tracker Recap in 2018.

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