This is the fourth part of this article. You can read the third part here.
Let’s continue discovering more crypto projects.
1) LayerZero Labs
LayerZero Labs is an interoperable protocol that let users can send messages between blockchains via oracles. Right now, it’s compatible with Ethereum, BNB Chain, Avalanche, Aptos, Polygon, Arbitrum, Optimism, Fantom, among others.
This protocol is supported by prestigious web3 funds like Coinbase Ventures, DeFiance Capital, Animoca, Binance Labs, Gemini, etc. One of his latest achievements has been raising a $120 million Serie B fund at a valuation of $3 billion from a16z, Sequoia Capital, Circle Ventures, and others.
Blockchain interoperability protocol @LayerZero_Labs has raised $120 million at a $3 billion valuation, tripling its last valuation, from a large group of investors including @a16z, @ChristiesInc and @sequoia. Reporting by @BrandyBetz.https://t.co/FPAu2uiVxj
— CoinDesk (@CoinDesk) April 4, 2023
A good example of using this protocol is Paulygon. This NFT collection supported by Polygon can easily move their assets in many EVM blockchains. This will generate a larger market and highest floor price.
2) Astria
Astria is a modular and decentralized blockchain powered by rollups. This let users can have faster and more secure transactions because of its fast block confirmations and censorship resistance.
In Astria, rollups control the execution and state of transactions, and all data is stored on the base layer. One of his latest achievements has been closing a $5.5 million seed round led by Maven 11.
We’ve raised $5.5M in our seed fundraise to realize this vision. The round was led by @Maven11Capital, with participation from @1kxnetwork, @Delphi_Digital, @Lemniscap, @FigmentCapital, Nurikabe, Anagram, @robotventures, and @breed_vc.
— Astria (@AstriaOrg) April 4, 2023
Also, it’s important to mention that Astria just introduced it’s shared sequencer network. This will make this protocol:
- Offer decentralization as a service to rollups.
- Provide atomic cross-rollup arbitrage.
- Transaction data is stored on the base layer.
3) PolyHedra
PolyHedra is a web3 infrastructure protocol that bring interoperability, scalability and privacy to decentralized applications via ZK technology. They have developed:
- ZKBridge: A first trustless, secure and universal cross-chain bridge with zkSNARKs
- ZK-DID: A verifiable credential system where user’s privacy is protected with ZK tech.
- ZK-NFT: A interoperable NFT protocol that can contain other NFTs where ZK tech protects its related assets.
One of his latest achievements has been completed a $15 million pre-series A round fund led by Polychain Capital.
SCOOP: @PolyhedraZK, a provider of infrastructure for Web3 interoperability, raised $15 million in a @polychaincap-led round – the startup's second funding round in 2023.@BrandyBetz reportshttps://t.co/tJneEv4x6n
— CoinDesk (@CoinDesk) April 4, 2023
6 days ago, they launched the mainnet alpha of the zkBridge which is compatible with the BNB Chain, Ethereum, and Arbitrum.
4) Opside
Opside is a 3-layer protocol that provides ZK-Rollup as a service with SDKs for rollups that are both general-purpose and application-specific. Also, this decentralized platform has PoVP, a native decentralized consensus for Rollups.
In comparison with blockchains as Starkware, Aurora, Celestia and Polygon, this protocol provide these features:
- Flash layering.
- Multi-chain.
- Decentralization.
- EVM.
- WASM.
- MEV protection.
One of his latest achievements has been closing a $4 million seend round fund led by Web3.com ventures.
🎊 BIG NEWS 🎊#Opside has just completed a successful $4M seed round fundraising led by @Web3com_VC and other notable investors in the #Crypto industry.
We're thrilled to have their support in making #ZK accessible to applications of all sizes! 💪https://t.co/3JptgIOC5y
— Opside (@OpsideZK) April 6, 2023
Also, Opside has developed important partnerships with important P2E games like CryptoBlades, and Era7.
5) Alchemy Pay
Alchemy Pay is a crypto/fiat payment solution provider that make users can buy/sell cryptocurrencies easily. It works over 173 countries, having +300 fiat payment channels and +50 fiat currencies.
Nowadays, this platform supports very prestigious projects like NEAR, Polygon, Arbitrum, LBank, BingX, and more. One of his latest achievements has been raising a $10 million fund with a $400 million valuation from DWF Labs.
.@AlchemyPay has received $10 million in investment from market maker @DwfLabs at a $400 million valuation as it eyes expanding its business in South Korea. By @JamieCrawleyCDhttps://t.co/HrK7enVXxt
— CoinDesk (@CoinDesk) April 3, 2023
One of the latest updates from Alchemy Pay is that it will start working with many payment methods in Malaysia. This means that users can purchase crypto through bank transfer, QR Pay and Boost E-Wallet.
6) Hallo Wallet
Hallo Wallet is the first crypto wallet that merged social and wallet features. It let users not only in tracking your DeFi investment strategy in a non-custodial way, but also:
- Discover the latest crypto market trends.
- Make multi-chain swaps at good fess rates.
- See activities of wallets you have followed.
One of his latest achievements has been raising funds from KuCoin Ventures, IDG, and HashKey Capital.
📢Another significant milestone achieved!!
With the support of @KuCoinVentures, @IDGCapital @HashKey_Capital, and other Web3 strategic partners, #HaloWallet has raised a fresh round of funding to lead the next wave of #crypto industry development. https://t.co/fIERMsbTBo
— Halo Wallet (@HaloDotSocial) April 3, 2023
Another cool feature of Hallo Wallet is that you have direct access to the content inside the Lens Protocol. This project is supported by KuCoin, Polygon, Avalanche, Arbitrum, Fantom, LIDO, CoinGecko, among others.
7) Satsuma
Satsuma is a web3 data platform that let its users can have 2x faster query response times and release features with a 5x faster indexing. They are now working with important protocols like Decentraland, Syndicate, Superfluid and Aragon.
One of his latest achievements has been closing a $5 million seed round fund co-led by Initialized Capital and Archetype.
1/ We're very excited to announce our $5M seed round co-led by @Initialized and @archetypevc, with participation from @opensea @ycombinator @homebrew @southpkcommons.
See @Yogita_Khatri5's article on @TheBlock__: https://t.co/3UUOhZJezA
— Satsuma (@satsumaxyz) April 4, 2023
Also, Satsuma invites developers to build decentralized applications. This will let them use its web3 software to unlock SQL aggregations with direct read access to its subgraph’s database, among other features.
8) Authlete
Authlete is a digital identity and API security standars provider that can integrate with service components such as identity and access management (IAM) and API gateways.
With this platform, users are not required to build protocol logic and assess client requests. By sending all inbound requests to Authlete, they handle the protocol stages and token issuance on your OAuth/OIDC server’s behalf, giving users the option to just send the client each response.
One of his latest achievements has been completing a $4 million Series A fund led by SBI Digital Asset Holdings.
Authlete has raised approximately US$4M in Series A funding from SBI Digital Asset Holdings (SBI DAH) to accelerate its global expansion, develop new products, and explore new industries in partnership with SBI DAH. https://t.co/4Tjo7fH5gS
— Authlete (@authlete) April 4, 2023
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