Japan’s Prime Minister / Web3 Policy Support — Japan's Prime Minister, Fumio Kishida, announced plans to improve the policy environment for web3 in the country. Its flagship economic policy is focused on digital initiatives and startups, aiming to foster growth, innovation, and wealth distribution. “Web3 is part of the new form of capitalism” — more
Avalanche / New $50M Initiative — The Avalanche Foundation launched Avalanche Vista, allocating $50M to purchase tokenized assets on the Avalanche chain. The program aims to demonstrate the value of tokenizing various asset classes, including equity, credit, real estate, and also extending beyond physical assets to include ideas, information, and services — more
Reddit / New NFT Drop — Reddit released its Gen 4 Collectible Avatars NFTs, bringing the total number of Avatar holders to more than 14M. The limited edition NFTs are priced between $2.49 and $199.99. To curb flipping and bot activity, Reddit restricted purchases for new accounts and introduced CAPTCHA verification — more
Solana / Compressed NFTs — Using "state compression" in Solana's ledger, compressed NFTs offer a cheaper way to create and distribute NFTs, attracting more people to the market. Drip Haus, a startup leveraging this tech, has distributed nearly 18M NFTs to more than 790k Solana wallets — more
MetaMask / Snap Protocol — MetaMask announced it plans to launch its Snaps protocol before the end of 2023, allowing users to access new apps and execute cross-chain interactions on different networks. Snaps enable developers to build specialized features on top of MetaMask — more
Interface / $1.4M Raised — Interface, a startup building “a companion for you to explore Ethereum”, raises round co-led by Polymorphic Capital & Mask Network, with participation from Seed Club (🤝), Caballeros Capital, and others — more
Flashbots / $60M Raised — Flashbots, an Ethereum-centric research and development startup focused on MEV, raises Series B round led by Paradigm. “The raise will fuel the continued development of its maximum extractable value (MEV) network, SUAVE” — more
Delabs Games / $4.7M Raised — Delabs Games, a blockchain game developer building on Polygon, raises seed round led by Hashed Ventures, with participation from Spartan Labs, Polygon Labs, Planetarium, and Merit Circle — more
Cymbal / $18.5M Raised — Cymbal, a startup building a “human readable” Ethereum block explorer, raises $18.5M in funding with participation from Coinbase Ventures, Solana Ventures, CAA Connect Ventures, UTA Ventures, Shima Capital, and Google Ventures (GV) — more
HashPort / $8.5M Raised — HashPort, a Japanese blockchain game developer, raises Series C round led by Sumitomo Mitsui Banking, with participation from The University of Tokyo Edge Capital Partners and Japanese billionaire entrepreneur Yusaku Maezawa — more
Aethir / $9M Raised — Aethir, a decentralized cloud network for gaming and AI, raises Pre-A funding round led by Sanctor Capital, Hashkey, Merit Circle and CitizenX, with participation from Arthur Hayes’ Maelstrom, Mirana Ventures, and Animoca Brands — more
Token incentives in a world of intents / Jim O’Brien x Rabbithole (🤝) — “Apps are integrating into the supply chain as evidenced by two major trends: the migration to app rollups and the adoption of wallet abstractions. In other words, apps are taking control of the origination and routing of transactions – using declarative user “intents” – to optimize the user experience, and unlock new growth … In this post, we’ll explore how the adoption of intents is shifting the token distribution meta down-funnel with micro-reward incentives, gradually transforming loyal users into owners.” — more
What do I think about biometric proof of personhood? / Vitalik — “There is no ideal form of proof of personhood. Instead, we have at least three different paradigms of approaches that all have their own unique strengths and weaknesses—social graph, general hardware, and specialized hardware—what we should ideally do is treat these three techniques as complementary, and combine them all.” — more
The 3-Person Unicorn Startup / James Currier — “With the next generation of AI tools, teams of three very talented people will be able to grow software-centric businesses to $100+ million in revenue with automated workflows. They will be able to set up AI systems for each aspect of their business and let them run, like spinning plates, periodically revisiting them to improve them and keep them spinning … Founders in the era of AI will be able to do a lot more with a lot less.” — more
on restaurants, social capital, and crypto / Jay Drain Jr. — “With the average restaurant’s profit margin at just 4% today, it’s abundantly clear there is a massive imbalance between the influence and cultural prowess that great restaurants command and the size of their actual business. In very few industries can an entity be a massive cultural staple while capturing such a small portion of the value they create. How, then, can modern restaurants navigate this complex existence? How might the hospitality industry evolve? And how does crypto fit into this intricate tapestry of culinary culture and social dynamics?” — more
Transient Labs (🤝) / Introducing Synergy — Transient Labs introduced Synergy — a new feature that safeguards collectors against unauthorized metadata changes in NFTs. Through a propose-commit scheme, creators can propose updates, and collectors have the power to review and approve them, ensuring secure updates — more
Eco (🤝) / Payments on Optimism and Base — Eco released a new crypto wallet called Beam, which facilitates payments on Ethereum L2’s like Optimism and Coinbase's Base. The wallet includes features such as account abstraction (EIP-4884), multi-factor authentication, and wallet social recovery, aiming to bridge the gap between traditional payments and crypto — more
Is the Future of Fashion Digital? Meet the Founder Who’s All In. / Dani Loftus x nft now — “As the founder of This Outfit Does Not Exist, Loftus set out on a journey to bring digital fashion to life through exploration and exhibition. As the NFT space took shape, her horizons broadened alongside the development of the metaverse, leading her to take another major stride toward the forefront of digital fashion innovation by launching Draup, a platform that aims to “bring code to couture.” — more
Yuga Labs x BAYC / Otherside Game Showcase — Yuga Labs organized an exclusive event at the CBS backlot in LA to showcase their upcoming metaverse game, Otherside. The event gathered about 40 NFT owners and superfans who experience the new game. Yuga plans to release playable avatars for the entire BAYC collection, allowing NFT holders to control their own Ape in the game environment — more
Joshua Bagley / Art Blocks (🤝): Spaghetti Bones — “Spaghetti Bones is a celebration of my adaptation and exploration of the differential growth technique. The idea is simple. You start with a string of nodes connected to one another to form a shape. Each node feels 3 forces: a repulsion force from all other nodes, an attraction force towards its immediate neighbors, an attraction force towards the midpoint between its neighbors … The goal is to create a shape that fills as much space as possible while maintaining a rigid form and avoiding overlapping itself.” Minting August 2nd — more
Charlie Engman / Assembly: Bug — “The post-photographic works of Engman’s NFT collection question how images relate to those that have preceded and surround them, as well as the expectations we bring to images and how we interact with them. By using AI, Engman generates images that are themselves created by visual culture, yet are not otherwise bound by human logic, cultural codes, or the physical world, augmenting our reality in challenging ways.” Minting August 2nd — more
Jimena Buena Vida / Bright Moments (🤝): Epiphanies — “Epiphanies” is a generative art collection born from the introspective journey arising from the dynamic shifts of a post-pandemic world. This collection directly harnesses the power of art to seek clarity and joy while embracing the enigmatic nature of the unknown.” Minting now — more
Michael Bouhanna / Vera Molnar x Martin Grasser x Snowfro
Songcamp (🤝) / Sessions: Heavy Calm, 100p Collected
Tribute Brand (🤝) / Draup’s Code is Couture Number #001
Chris Burniske / Crypto Networks and AI Agents
Vertex (🤝) / New Referral Program
Safary / Web3 Growth Landscape
PROOF (🤝) x Moonbirds / Introducing Signal
Toni Marinara / Gucci x Plottables x Art Blocks Engine on Christie’s
Lens Protocol / Introducing V2
Worldcoin / WLD Goes Live
🤝 = Collab+Currency Portfolio Company
Curated by @Collab_Currency x @_cutbank
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