Tag: investment fund
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Iceye raises $136 million in Series D round
Iceye raised $136 million in a Series D investment round led by Seraphim Space.
The post Iceye raises $136 million in Series D round appeared first on SpaceNews.
Hodl4Gold (H4G) Acquires POW in First Ever Buyout on the BSC Network
Hodl4Gold, a 13% BUSD rewards token known for being the first to launch with multiple live utilities, is setting a new standard for projects in the tokenomics space. The highly anticipated project saw $10 million in market cap within minutes of launch, reaching a high of $20 million in its first two weeks, while paying out over $1 million in rewards and airdrops. The token now adds another industry first to its resume with the acquisition of Project One Whale (POW), adding over 4000 new holders to H4G in the first ever buyout on the Binance Smart Chain network.
Project One Whale, a reflection token in which holders share a percentage of profits generated through its investment fund, underwent internal turmoil last week as a number of trades made by the fund underperformed, causing division within upper management. The ensuing events saw several managing team members exit the project, leaving investors without direction or leadership as POW continued to fall over 90% from its all-time trading highs.
In an unprecedented move for the space, Hodl4Gold stepped in with an offer to the remaining POW leadership, out of concern for investors in what was once regarded to be a very promising project. The agreement saw the transfer of POW team assets, including the remaining investment fund, to Hodl4Gold, which was in turn used to buy H4G for distribution to all remaining POW holders.
Eligible POW holders will automatically receive a token swap of POW to H4G at a rate of 15:1, in what may prove to be the best investment to date for the short-lived fund. Hodl4Gold, with its aggressive product roadmap, has seen impressive growth since launch despite the downturn in the overall crypto market. The token will debut several utilities in the coming weeks, including an NFT marketplace to be directly integrated with their no-code minter dApp, which offers industry-low prices at 0.02 BNB per mint.
While extremely uncommon in the crypto world, let alone the DeFi space, the acquisition of POW by H4G may prove to be the precursor of a new trend in the cryptosphere. As the reward tokenomics space matures and competition between projects ramps up, tokens with strong financial outlooks and solid roadmaps may see more opportunities arise to merge with or acquire coins with less certain long-term prospects. Hodl4Gold, despite its relative newness on the scene, has demonstrated its commitment to these fundamentals, and with product development ahead of schedule, remains open to further acquisitions in the future.
Follow the project on social media:
Twitter: https://twitter.com/Hodl4Gold
Discord: https://discord.gg/Hodl4Gold
Telegram: https://t.me/H4G_Official_Chat
Website: https://hodl4gold.comThe first real-life Squid Game: Is Rich Bulls Club NFT the next Bored Apes?
The Rich Bulls Club is foreseen as a prominent actor in the 2021 crypto sphere. The launch of their NFT collection will be on the 2nd of December 2021 at 9 PM EST on https://richbullsclub.io. Once their 9999 unique NFTs are sold, they will organize a massive, live-streamed, 4-days real-life Squid Game in which 100 randomly chosen Rich Bulls owners will compete to win one million dollars.
The first real-life Squid Game: Is Rich Bulls Club NFT the next Bored Apes?
But what exactly is the Rich Bulls Club? It is a collection of 9999 bullish NFTs—unique digital collectibles living on the Ethereum blockchain. With over 170+ hand-drawn traits, your exclusive NFT serves as a membership to an elite club with multiple members-only benefits like invitations to parties and events with A-listers, big YouTubers and major influencers.
More and more people see NFT as the future of art. This new form of passive income is only at its early stage like bitcoin was in 2014. The NFT market grew by over 705% by the end of 2020 and is forecasted to grow exponentially until 2026.
Some very popular NFTs like CryptoPunks or Bored Apes saw their price rise by 1000 to over 10 000% after launching, and Rich Bulls might be one of them especially considering what they are planning.
The collection includes 7 primal bulls and 3 mythic bulls, each minter of a primal bull will be rewarded with $10,000 in ETH. Furthermore, once the collection is sold out, if you were lucky enough to mint a mythic bull, you will win a real 2020 Lamborghini Huracan if you got the Lamby Mythic Bull, a 2020 McLaren 600LT if you got the Laren Mythic Bull or a 2019 Ferrari 488 GTB if you got the Rary Mythic Bull unless you choose to receive 240 000$ in Ethereum instead!
After the minting process is over, the Rich Bulls Team will start a massive marketing campaign. Afterwards, ground-breaking features like an NFT investment fund will be implemented, enabling holders to invest in new NFT projects pre-launch, which is far more profitable than even a pre-sale slot.
Like any other NFT, your Rich Bull will be safely stored in the Ethereum blockchain, and you will own complete copyright over the art. There will only be 9999 Rich Bulls forever, so the best time to get one will be on launch since, let alone the history-making events and marketing campaigns, scarcity alone is often enough to make your NFT valuable and drive its price up. NFTs are the new Rolexes, and being able to flex it on social media or use it to create personalized merch is another perk on its own.
Unlike most NFTs, Rich Bulls Club is powered by a registered company incorporated in the United States (KodakMoney LLC), which makes the team responsible for the project before law and means that they have the legal responsibility to deliver on every commitment they make. Furthermore, on top of being open-source, their smart-contract and minting system will be audited and secured by a professional and trusted team (Certik) that includes engineers with experience from Google, Microsoft, Oracle, and Facebook.
Media details:
Name: Rich Bulls
Website: richbullsclub.io
Email: [email protected]
MetaSoccer raises 2 million euros to launch the first football game in the metaverse
- The operation is backed by international funds such as Play Ventures, Defiance Capital, Parafi Capital, DAO Maker, Kyros Ventures, Metrix Capital, and Peech Capital. The advisory board is comprised by Youtubers Willy Rex, Reven, and Kmanus88
- The project has already issued 72 million of its token (MSU) in private sale and 18 million in public sale.
- The company's goal is to elevate MetaSoccer's professional leagues to the current football leagues. With this round of financing, the founders will hire new positions to develop the video game and will invest in marketing activities.
Inspired by projects such as Axie Infinity, which recently achieved a market capitalization of $9 billion according to Coingecko, play-to-earn is one of the sectors that is managing to raise the most money in the blockchain world. In Spain, the video game studio Champions Games presents the first metaverse football game, MetaSoccer, which is based on blockchain technology, a play-to-earn NFT project.
To continue growing, the company has just raised 2 million euros in a recent round of financing supported by the investment fund Play Ventures. It has the advice of specialized companies in the sector such as Ath21 and Polygon and, in addition, highly regarded international funds such as Play Ventures, Defiance Capital, Parafi Capital, DAO Maker, Kyros Ventures and Metrix Capital have entered. Defiance Capital and Parafi Capital are two of the most important crypto specialized funds in the world.
MetaSoccer is aimed at both play-to-earn players and football fans to enter the new metaverse, a term to refer to the virtual world parallel to the real one in which you interact with other users through digital devices. The ultimate goal of the Spanish startup, as its co-founder and COO, Patxi Barrios, explains “is to create a new generation of digital native football players and clubs, which in the coming years will achieve similar ratings to those of professional football leagues. Ultimately, we aspire for the next Messi to be born in the metaverse and play on a platform like ours."
The first step is to allocate the funding obtained to the dual purpose that the company has set for 2022: on the one hand, to develop and execute the video game with the hiring of new profiles specialized in the development of Golang technologies and onchain programming in Solidity. On the other hand, marketing actions will be reinforced to give more visibility to the project. This will include advisors on digital and football content.
The project is supported by streamers and Youtubers such as Willy Rex, Reven and Kmanus88, who have millions of followers. According to Kmanus 88 himself, “MetaSoccer has three key points to be the next milestone in the world of blockchain gaming: it is the first football metaverse with unique characteristics, it has a new economic model based on token bonding curve that brings stability to the token and as a studio they have over 6 years of experience in developing video games.”
Three sectors totaling 400 billion dollars
MetaSoccer is part of a new sector that is in full swing, combining blockchain technology, decentralized finance, sports betting and football.
The potential audience of MetaSoccer reaches 40% of the planet's inhabitants. That's because 3.1 billion people play video games. In addition, 3.5 billion people are football fans in over 200 countries. In addition, 1.6 billion people bet on sports.
This is part of the blockchain sector and NFT technologies, which is another market that is still in its early stage. As a result, MetaSoccer is targeting three sectors with a $400 billion turnover.
A universe based on the MetaSoccer token: buying and selling assets in the metaverse
MetaSoccer users own their assets on the gaming platform (teams, stadiums, players, etc.) and transactions are made with the MetaSoccer Universe (MSU) token.
They have the ability to create and lead their own teams and generate revenue while playing. It closely resembles real clubs because the user can generate income through their assets, by renting their stadiums, or by selling players. Another way that the user has to raise funds is through the sponsorship of their club.
In addition, managers can also train their players to improve, trying to achieve their maximum performance. At the same time, players age and eventually retire.
At the moment, MetaSoccer has sold 72 million MSU in a private pre-sale and 18 million in a public pre-sale. The public sale of its token will be on December 7th through the DAO Maker platform. Additionally, the NFT drop sale will take place on December 25 on the MetaSoccer marketplace.
About MetaSoccer
Metassoccer is an earn-to-play alternative football universe developed primarily on the blockchain. The video game was born with the intention of being the starting point of a new paradigm in the football ecosystem, decentralized and of which it is an active part in many ways. This universe is a combination of 3 billion-dollar markets with global impact: video games, football and sports betting, all merged by blockchain and NFT technologies. Metassoccer is part of a new generation of video games in which users can earn cryptocurrency through their contributions to the ecosystem.
More information at: https://metasoccer.com
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