Rally Raises $12M in Series A Round to Fuel the Future of Ecommerce with its Next Generation Checkout Platform
Rally, a composable checkout platform for ecommerce merchants, has raised $12m in a Series A funding round led by March Capital. Rally's checkout solution offers ecommerce businesses a one-click checkout option and tools for post-purchase offers, which have been shown to reduce cart abandonment rates and increase revenue. The funding will help Rally strengthen its team, penetrate enterprise and international markets, and expand integrations beyond Swell and BigCommerce with other commerce platforms such as Salesforce Commerce Cloud and commercetools and payment methods such as Affirm and AfterPay. The platform currently supports multiple back-end and front-end platforms, payment processors, and payment methods, and plans to build out Web3 features, starting with allowing merchants to accept cryptocurrencies in their checkout.
What Barriers May Stop NFT From Fast Adoption in the Identity Space?
Potential barriers that may impede the fast adoption of Non-fungible tokens (NFTs) in the identity space.
Art is MONEY
“ART is MONEY” at first can easily read quite offensive and off-putting, especially if one is an artist. Counter-intuitively however, ART is MONEY is not making a statement about the commercialization of the arts, quite the opposite.
Developers Stay Resilient Through Harsh Crypto Winter, Report Says
Despite the crypto winter that has unfolded over the past few months, Web3 developers remain resilient in their efforts to deploy decentralized applications (dapps), according to the Q1 2023 Developer Report from Web3 developer backend Alchemy. Developers installed an average of 1.9 million Ethereum SDKs per week, a 47% increase year-over-year, and 788% more wallet SDKs were deployed since Q1 of 2022.
Sweat Economy Proposes Web3 Governance Vote for 100 Million SWEAT Tokens
Sweat Economy, the team behind the SWEAT token, has proposed a Web3 governance proposal that allows the community to decide how to deal with 100 million of its native tokens. The community will vote on what part of the tokens will be rewarded to long-term stakers and what part will be burned.
OKX Wallet and Sui Have Established a Partnership
OKX Wallet, DEX, and NFT Marketplace have supported Sui mainnet as the first multi-chain wallet in the web3 industry.
KRAFTON and NAVER Z Expand Metaverse Strategy with $36M Joint Venture
KRAFTON and NAVER Z are forming a joint venture for a new metaverse platform called "Migaloo," with an initial investment of 48 billion Korean won (~$36.4 million). KRAFTON will own 85% of the entity, while NAVER Z will own the remaining 15%. The platform will adopt a create-to-earn (C2E) model, allowing creators to develop and sell content within the platform as NFTs, and is set to launch before the end of 2023. KRAFTON will bring game development and publishing experience, while NAVER Z will spearhead planning, partnership, and acquisitions. The two companies signed an MOU in February 2022 to develop a new Web3 and NFT project aimed at building a metaverse platform.
Aura Finance & OKX Web3 Wallet Cooperation
OKX Discover has supported Aura Finance, so users can enter Aura Dapp through the Discover product in OKX Wallet.
Beyond Contradictions: How Blockchain and AI are Shaping the Future Together
As the boundaries of what AI could achieve expanded exponentially, it became evident that AI was the new frontier, captivating the imagination of the tech industry and beyond, and leaving blockchain and other technologies in its wake.
LiveArt CEO Boris to Join Cointime Web3 Builder Hub Daily for NFT Discussion
We are glad to have the CEO & Co-Founder Boris of LiveArt join us on tomorrow's Cointime Web3 Builder Hub Daily (English version) at 8:00 pm (UTC+8).
