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Salesforce Ventures leads $6M seed Extension Round for Crypto Data Platform Mnemonic

June 14 (Cointime) - Crypto data platform Mnemonic has raised $6 million in a seed extension round led by Salesforce Ventures, with participation from Polygon Ventures, Orange DAO, FIN Capital and FJ Labs. Mnemonic provides crypto data through APIs, including information on NFTs, NFT marketplaces and specific wallets containing NFTs. The funding will be used to expand the platform's suite of APIs, with support recently added for Polygon and Optimism. Mnemonic previously raised $4 million in a seed round in December 2021.
NFT

InQubeta Launches NFT Marketplace for AI Start-Ups and Investors, Addressing Funding Challenges Faced by Polygon and Hedera

InQubeta has launched an NFT marketplace that aims to empower AI startups and investors, providing new avenues for funding and collaboration. However, some crypto ventures, such as Polygon and Hedera, are facing challenges in securing adequate investment.

Alive Completes $12 Million Institutional Funding Round to Democratize Access to AI and Drive Web3 Innovation

Alive, the world's leading Web3 artificial intelligence platform, has announced the completion of a $12 million institutional funding round, following a $5 million seed funding round in March. The funding will support the development and expansion of Alive's AI Node plan, which aims to democratize access to AI and enable more people to share the wealth opportunities brought by AI development.
NFT

Mooky.io Raises $750,000 in Funding for Sustainable Crypto and Global Tree-Planting Initiatives

Mooky.io has announced that it has secured an impressive $750,000 in funding within a few days. This achievement has caused a stir in the industry, with experts and investors wondering if Mooky.io could be the next big thing in the world of cryptocurrency. Mooky.io's mission is to positively impact the world and inspire change through its dedication to global tree-planting initiatives.

Blockchain Funding in Africa Sees 430% Increase, Top 10 Funding Companies Highlighted

Blockchain technology is gaining popularity in Africa as it has the potential to solve unique challenges in the continent. Blockchain funding companies are providing substantial financial backing, leading to a 430% increase in funding for blockchain ventures in Africa from $89.6 million in 2021 to $474 million in 2022. The African Blockchain Report 2022 highlights the top 10 blockchain funding companies in Africa, including Coinbase Ventures, The Baobab Network, Digital Currency Group, and Block Ventures, which are fostering innovation and growth in the region's blockchain sector. Despite regulatory obstacles, venture capital firms such as Digital Currency Group, Block Ventures, and Pantera Capital have invested in African cryptocurrency companies, and the adoption rate of Bitcoin in Africa is growing faster than anywhere else in the world. Effective regulation will be crucial to the future of blockchain technology in Africa, and funding companies will play a pivotal role in its development and deployment.

FTX CEO devises plan to revive defunct crypto exchange, seeks cybersecurity assistance and reviews potential investors

According to a recent court filing, FTX CEO John J. Ray III spent several hours last month working on a plan to revive the now-defunct crypto exchange. Ray explored the necessary steps to restart the exchange, reviewed and finalized FTX 2.0 materials, sought assistance from cybersecurity firm Sygnia to enhance platform security, and examined a term sheet for restructuring the exchange as part of the plan. The new CEO also reviewed a list of bidders for FTX 2.0, including VC firm Tribe Capital, which reportedly expressed interest in leading a funding round to revive the exchange. Restarting the company would likely require raising capital, according to FTX's lead attorney.

Artizen Raises $2.2 Million for Web3 Crowdfunding Platform Focused on Culture Projects

Web3 crowdfunding platform Artizen has raised $2.2 million to support creators working at the intersection of art, technology, science, and design. The funding round included contributions from leading Web3 funds, such as Consensys Mesh and Protocol Labs, as well as individual investors. Artizen enables creators to sell unique works of art called Artifacts to fund their projects, with Artifacts holders able to vote on which future projects should be featured on the platform. The project with the most sold Artifacts at the end of a season receives a cash prize, with this season's prize set at $23,492.

Ecoterra Green's R2E Crypto Project Raises $3.5 Million in Presale Ahead of Q3 2023 Token Launch.

Ecoterra's Recycle-to-Earn (R2E) crypto project has raised almost $3.5 million in presale sales, with investors eager to buy before a 10% price increase. The start-up, which promotes environmentally friendly practices, has been raising around $100,000 per day.

Tabi(formerly Treasureland), NFT Marketplace, Completes $10M Angel Funding Round

Tabi, formerly known as Treasureland, has raised $10 million in an angel funding round led by Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. The funds will be used to develop Tabi's gaming ecosystem and construct its upcoming on-chain identity protocol.

Limewire Surpasses $15M Goal for Revived Platform with Cryptocurrency Token Sale

Limewire has exceeded its $15 million funding goal by raising over $16.5 million through sales of its cryptocurrency token (LMWR). The project aims to raise $30 million and the sale will close on May 11, with the token set to be listed on four major exchanges from May 16. Limewire's revived version will serve as a platform for music artists, allowing them to create content on blockchain-based content and monetize it with cryptocurrency rewards, payments, and subscriptions. Content on the platform will be stored and traded as non-fungible tokens (NFTs), with access to that content gated behind NFTs and other tokens.