⚡ TFC Newsletter: 11/21/2022

J.P. Morgan Wallet Trademark, WooCommerce X Coinbase, New NFT Tool, Web3 Corporate Cards, Portfolio Tracking, Web3 Loyalty, and more!

November 21, 2022

💡 Intro

🥳 Happy Monday!

The week is starting off strong, with 2 big stories on crypto & web3 adoption:

J.P. Morgan is back in Crypto news, following their big milestone of their first DeFi trade a couple weeks ago.

This time: their trademark for a new crypto wallet was officially accepted.

🛒 Coinbase brings crypto payments to WooCommerce

WooCommerce merchants can now offer crypto payments safely and conveniently through Coinbase Commerce.

Coinbase Commerce is a product from Coinbase that allows merchants to easily accept and bill crypto to customers.

According to a study conducted by Deloitte, nearly 75% of online merchants reported their intent to accept cryptocurrencies within the next 12 months.

Why This Matters:

  • WooCommerce is a major platform in Ecommerce, powering 25% of the top million online stores. This update will expose many non crypto users to Web3.

  • This allows online stores to transact in crypto, who wouldn’t have had the chance to before.

  • Changes like this make other Ecommerce platforms more willing to adopt similar crypto-friendly integrations.

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!

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.

Zerion

"Smart, Social Web3 Wallet"

Type of Product: : Portfolio Tracker

Purpose of Tool: Zerion is a web3 smart, social wallet and investing tool that enables anyone with a mobile phone to manage their DeFi and NFT portfolios, supporting every chain and 1000's of protocols.

  • Track your entire crypto portfolio across every wallet you own. Manage all your private keys and sign transactions in one place

  • Access the Web3 space from DeFi to NFTs and everything in between. Buy, sell, lend and borrow in a few taps

  • Follow any wallet address, ENS handle or NFT collection to stay on top of the latest trends and tokens

Team / Funding / Backers / Other Info: The company was founded in 2019 by Evgeny Yurtaev (CEO), Alexey Bashlykov (CTO) and Vadim Koleoshkin (COO). Zerion has processed over $1.2B in transaction volume, seeing $5M traded per day on average with a median trade size of $1,000.

Pfpedia

“Where NFT communities thrive"

Type of Product: NFT Community Tool

Purpose of Tool: Pfpedia gathers, labels, and summarizes community signals into a single app, making exploring NFT projects easy, simple and efficient. Pfpedia’s features include Discord announcements, Twitter feed, Premint integration, Insights, Events calendar, Social and market data, Multi portfolio tracking, and more.

Pfpedia is a service that helps you choose the NFT projects/communities you’re in and notifies you when you need to do something, keeping you updated on all DIscord announcements.

Team / Funding / Backers Info / Transaction Amount: Pfpedia launched its beta version of the app in June and built a solid base of 400 users by mid-July. Since then, Pfpedia has partnered with multiple projects and alpha groups such as The Doge Pounds, Everai, Origins Alpha, Underground, Unemployable, and more.

Core Team:

  • G. Warped Seldon - Software & Product

  • Demian - Growth & Community

Hang

“The future of memberships will be powered by NFTs"

Type of Product: Web3 Loyalty Platform

Purpose of Tool: Hang is the first Web3-powered membership platform that supercharges loyalty and reinvents how brands interact with their customers. Launch NFT memberships that unlock perks, benefits, and status for your community.

Their no-code contract builder and automated art generator make it easy and intuitive for brands to spin up NFT memberships quickly. Integrate your membership program with your CRM, POS, e-commerce store, marketing software, and more to supercharge your customer relationships.

Team / Funding / Backers Info / Transaction Amount: Last July 2022, Hang announced a $16M Series A round of financing led by Paradigm. They are also proud to be partnering with Tiger Global, Kevin Durant’s Thirty Five Ventures, Mr. Beast’s Night Ventures, Tiffany & Co.’s Alexandre Arnault,

Some projects use Hang for their NFT Collections or services, such as Crossmint, where users can pay using Crossmint for NFT collections launched in Hang.

Rain

"Cover everything."

Type of Product: Web3 Corporate Spending

Purpose of Tool: Rain is the corporate card for Web3 designed to support DAOs, DeFi and crypto protocols, NFT projects, and web3 startups. Users can secure spend management from their decentralized wallet – no exchange or bank account is required.

Unlike other web3/crypto wallets, Rain has a receipt capture and upload feature. Moreover, get access to no transaction limits, non-custodial spend management, and no swap fees. Rain is currently on early access, with over 100 users on its waiting list.

Team / Funding / Backers / Other Info: Founded by Farooq Malik and Charles Naut, Rain has raised $6 million in seed funding to provide corporate credit cards for decentralized autonomous organizations (DAOs). The round was led by Lightspeed Venture Partners. Other investors include Coinbase Ventures, Uniswap Labs and Terraform Labs.

Rain was also a grantee from Aave Grants Dao’s recent grant round last November 14th, 2022.

null

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!