DWF Labs Broadcast
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This is the official DWF Labs Channel: We bring you the latest announcements, investments, collaborations and project updates 🚀
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Here's another exciting new partnership!

We're excited to announce our investment in Chrono.tech's TIME token, a fintech company focused on HR solutions for businesses. 🔥

Chrono.tech is building a comprehensive ecosystem for HR and finance, reducing or eliminating the barriers to recruitment and payment processes for both workers and employers.

The TIME token allows users to stake their tokens and earn regular rewards by locking them in the TimeWarp smart contract. Longer lock-ups can result in increased earnings, and users can also benefit from Job Mining and Premium Account status on LaborX. LaborX is a global recruitment platform that connects individuals with work opportunities worldwide, enabling them to get paid in crypto with efficient transactions and robust protections for both parties.

Excited to be able to co-build a future to unlock a new world of employment opportunities that anyone can access, wherever they are in the world, ensuring fair and prompt payment

More details here.
Our latest episode of DWF Chats is up! 🔥

It was a pleasure to host Gavin Thomas (Co-Founder and CEO) and Cais Manai (Co-Founder and Chief Product Officer) from Obscuro👇

In this conversation, hear more on:
🔸Introducing the founders of Obscuro
🔸Main trends in the industry and the role of Obscuro
🔸Looking past centralisation
🔸Getting connected with Obscuro

Full interview here.

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About Obscuro:
▫️Obscuro is a layer 2 solution for Ethereum that brings privacy and scale. It ensures the inputs, contract state and execution are always encrypted. No changes to dApps, just migrate and gain privacy.

Find out more here.
Synthetix Treasury Council Establishes Strategic Partnership with DWF Labs Raising $20 Million in Funding

On March 16th, DWF Labs completed the purchase of SNX tokens valued at $15,000,000 (USDC). A further purchase of $5,000,000 SNX will be made when the integration of Synthetix perpetuals is completed and trading has started.

"With Synthetix perpetual futures already available on various decentralized exchanges, we are confident that our partnership will foster exponential growth and continue to drive the DeFi ecosystem forward.” added Andrei Grachev, Managing Partner of DWF Labs.

According to Dune Analytics, on March 19th, Synthetix’s V2 version reached a new all-time high (ATH) in daily trading volume of perpetual swaps, topping $400M in transactions. As investors look for more open and accessible methods to exchange financial assets, this most recent achievement highlights the rising need for decentralized finance solutions.
Join the Conflux, DWF Labs, Mask, and RSS3 teams in Hong Kong for an evening of cocktails and canapés 🥂

We're excited to be able to connect with our friends from Hong Kong during this HK Web3 Festival 2023 period.

We look forward to a night of networking and fun! 🎉

Date: 14 April (Friday)
Time: 6pm - 10pm (GMT+8)

Please register here.

Note: Do note that registration that this does not guarantee your admission. A separate confirmation will be sent to your email upon successful application.
Synthetix gains over 5% amid DWF Labs partnership

DWF Labs, a global digital assets market maker and multi-stage web3 investment company, has inked a strategic partnership with Synthetix Network, an Ethereum-based derivatives liquidity protocol.

As part of the alliance, DWF Labs has purchased $15 million worth of Synthetix’s native SNX token, with a further investment of $5 million in the pipeline.

Similarly, the partnership will enable DWF Labs to integrate Synthetix Perps products into its platform.

The price of SNX tokens rose to a high of $3.13 on the day, representing an increase of more than 4.9% in the 24-hour timeframe.

SNX 24-hour trading volume of $236,709,580. SNX, the world’s 56th-largest cryptocurrency by market capitalization, is down by 89.19% since its all-time high of $28.53 reached in February 2021.
AIOZ Network, the Layer-1 Media blockchain with full Ethereum and Cosmos interoperability, and DWF Labs, the global digital asset market maker and multi-stage Web3 investment firm, have announced a strategic partnership aimed at advancing the decentralised media economy.

DWF Labs has invested an undisclosed amount in supporting AIOZ Network's vision of creating a decentralised content delivery network (dCDN) that connects a global network of nodes to provide optimal delivery speed, affordable costs, high-quality streaming, and unlimited shared bandwidth.

"DWF Labs is committed to supporting innovators able to shape the future of blockchain technology," said Andrei Grachev, the Managing Partner at DWF Labs. "We believe that AIOZ Network, with its unique combination of interoperability and scalability, has the potential to be the foundation for Web3 dApps and a key player in the decentralised media economy."

Full read here.
Tomi secures $40M in a funding round led by DWF Labs for its alternative internet

The anonymous team behind tomiNET, a DAO-governed, surveillance-free alternative to the World Wide Web, has raised $40 million in a funding round led by DWF Labs. Ticker Capital, Piha Equities, Japanese crypto whale and community leader Hirokado Kohji, and additional private investors also participated in the round. The funds will be used to attract top-tier publishers and further develop the network.

“We are excited about the future of tomi and its decentralized internet Web3 products that promote privacy and user control,” says Eugene Ng of DWF Labs.

tomiNET is a clean slate for the internet that promotes freedom of speech and access to uncensored information. The team will leverage the funds to facilitate the onboarding of big-name content creators and publishers to the network, ensuring users have secure access to high-quality content.
[16 Mar to 22 Mar] DWF Crypto Snapshot 📰

Our latest #crypto report by DWF Labs Managing Partner Andrei Grachev is up 🚀

Here's your weekly round up 💫

💠 DWF Labs Taps Into Lower Trading Slippage Across CeFi And DeFi With Synthetix Partnership
💠 Current #Banking Crisis May Hold A Silver Lining For New Players, Says DWF Managing Partner
💠 Ethereum Finalizes The Launch Of The Shanghai Upgrade
💠 Yield Guild Games Taps Into The Southeast Asian Gaming Community With Latest Partnership
💠 Microsoft Gears Up For #Web3 Integration With Wallet Prototype
💠 The Open Network (TON Foundation) Rewards Six Promising Projects With Grants
💠 Analysis Of TON Tokenomics Show A Cooperative Community Of Miners And Validators
💠 DWF-Sponsored Hack-a-TONx Successfully Lists 108 Approved TON Projects

Full read here.

Missed last week's snapshot? Read here.
Follow us on Medium here.

Stay up-to-date on the latest DWF Labs updates:
Website | Twitter | Linkedin | Telegram
Blockchain firm Radix Tokens has raised $10 million in fresh funding ahead of the introduction of its Babylon mainnet, which will allow smart contract capability on the Radix network for the first time.

The funding round was led by market maker and investment firm DWF Labs and gives Radix Tokens a valuation of $400 million, the Jersey-based firm said in email on Thursday.

One of Radix's main aims is to tackle the risk of hacks in decentralized finance (DeFi). It does this through Scrypto, an "asset-orientated smart contract language," which provides developers with an off-the-shelf tool for creating assets and setting the rules by which they can be transacted. The blockchain has more than 50 projects building on it, offering trading, saving, lending, gaming, non-fungible tokens (NFT) and wallets.

Full read here.
Join the Conflux, DWF Labs, Mask, and RSS3 teams in Hong Kong for an evening of cocktails and canapés 🥂

We're excited to be able to connect with our friends from Hong Kong during this HK Web3 Festival 2023 period.

We look forward to a night of networking and fun! 🎉

Date: 14 April (Friday)
Time: 6pm - 10pm (GMT+8)

Please register here.

Note: Do note that registration that this does not guarantee your admission. A separate confirmation will be sent to your email upon successful application.
We are delighted to announce a new partnership and investment with HAVAH.

DWF Labs will support HAVAH in realizing its interchain NFT ecosystem vision through strategic investment and in promoting the global reach of HAVAH’s interchain technology and ecosystem.

“We believe that HAVAH’s interchain technology has the potential to enable the use of NFTs across multiple chains without network constraints, and that Team HAVAH has the vision and expertise to realize this. Our investment will help HAVAH develop and expand interchain solutions, and we are proud to support HAVAH’s mission," said Harvey Kim (Head of Korea) and Angus Chung (Korea Representative).

Let us continue to work for a future where digital assets can be freely utilized without network constraints.

Full announcement here.
We're excited🚀
Forwarded from TON Community
Hack-a-TONx DoraHacks Top-10 Team Day 1 Live Judging

Hack-a-TONx DoraHacks received 234 total submissions and now the Top-10 teams will present live to the judges.

Day 1 will host 5 teams in the following order:

Tsunami Exchange
1ton
Genlock
Tonic Lounge
DeDust

Don’t miss out on the chance to join the live stream and see the Top-10 teams in action vying for total prize pool of $300K.

The community vote will account for 20% of the final decision of Top-10 teams. Go support your favorite team via ton.vote (Note: Voting will begin on March 29).

TON Foundation would especially like to thank the hackathon partner, DoraHacks, and financial sponsor DWF ($50K).
We are excited to embark on a strategic partnership with NULS, an innovative blockchain platform that simplifies the development process and empowers businesses to implement cutting-edge technologies.

“NULS’ fluid, cost-effective, and time-saving solutions are a game-changer for developers with minimal blockchain experience, and we at DWF Labs are dedicated to supporting and nurturing the growth of this groundbreaking project. Our collaboration with NULS aligns perfectly with our mission to facilitate the development of efficient and affordable blockchain-based solutions for a wide range of applications.”
— Andrei Grachev, Managing Partner, DWF Labs

Full read here.
[23 Mar to 29 Mar] DWF Crypto Snapshot

Our latest #crypto report is up 📰

Here's your weekly round up 💫

💠Ethereum Community Turns Away From OFAC Censorship In Block Validation
💠TON Foundation DApp Catalog Receives Facelift To Better Cater To The #Community
💠Sending #Stablecoins Is Now As Easy As Sending Text Messages On TON
💠DWF Labs #Invest In The Alt-Net With A US$40 Million Funding With Tomi
💠DWF-Backed Conflux Network Partners With Dmail Network For Web3 Email
💠DWF Labs Close US$10 Million Funding Round With Radix Network
💠TON-Based Accelerator Leads Successful #Funding For TON DeFi Project Megaton Finance
💠Conflux Network Partners With Chinese Construction Equipment Manufacturer XMCG On Blockchain #Opportunities

Full read here.

Missed last week's snapshot? Read here.
Follow us on Medium here.

Stay up-to-date on the latest DWF Labs updates:
Website | Twitter | Linkedin | Telegram
Market Maker DWF Labs Emerges as Top Crypto Investor

Investment in crypto companies, which poured in at a record pace during the 2021 bull market, slowed to a near stop as the bear market began and headline-grabbing scandals rocked the industry.

However, along with a few feisty venture capital firms, market maker DWF Labs, which has operated in the crypto space since 2016, has stepped in with a steady wave of investments.

In this feature, DWF Labs Managing Partner Andrei Grachev discussed the firm’s investment strategy and continuing risks for the industry.
Artificial intelligence-focused crypto protocol Fetch.ai has raised $40 million from market maker and investment firm DWF Labs

Fetch will use the investment to deploy decentralized machine learning, autonomous agents and network infrastructure on its platform, the firm said in a statement on Wednesday.

The investment comes after traders started to bet on the potential of AI and crypto, following the recent rise in popularity of AI-driven chatbots such as ChatGPT and image generation software DALL-E. Both of these are traditional software that do not use cryptocurrencies or blockchain, However, a spike in institutional interest in their parent company – OpenAI, which recently raised $10 billion from Microsoft at a $29 billion valuation – has helped create a compelling argument for crypto traders to bet on AI-focused tokens as the next growth sector.
DWF Labs shares insights on the future of Web3 and The Open Network (TON) Ecosystem

In this exclusive interview, Heng, a partner from DWF Labs, discusses the firm's support of The Open Network (TON) Ecosystem. He shares his own crypto story, the origins of DWF Labs and its ongoing support of TON.

Heng offers valuable insights into the future of blockchain technology, the coexistence of centralized Web2 and decentralized Web3 and the importance of raising awareness about TON.

Don't miss this engaging conversation about the future of Web3 and the upcoming exciting developments!
We're excited to announce our latest strategic partnership with Alchemy Pay 🚀

As part of this partnership, Alchemy Pay has secured $10 million in funding from DWF Labs, which will be utilized to expand its payment business in Korea, capitalize on the region’s high level of cryptocurrency acceptance, and assist Korean enterprises in achieving greater internationalization.

Andrei Grachev, the Managing Partner at DWF Labs, said, “We are excited to partner with Alchemy Pay as they continue their global expansion journey, particularly in the Korean market. Their innovative payment solutions and commitment to bridging the gap between cryptocurrencies and traditional finance align with our vision for a seamlessly integrated digital economy. We believe this strategic partnership will accelerate Alchemy Pay’s growth in Korea, providing more opportunities for businesses and consumers to embrace the benefits of digital assets and web3 technologies.”

Full read here.
DWF Labs acquired $2.5 million worth of ROSX tokens, the native tokens of Roseon Exchange, which recently migrated successfully from Binance Smart Chain to Arbitrium.

Andrei Grachev, the Managing Partner of DWF Labs commented: “We see great potential in Roseon Exchange and their vision for the future of decentralized finance. The innovative approach they’re taking to bridge the gap between centralized and decentralized finance, along with their focus on gamification, truly sets them apart in the industry. We're excited to contribute to the growth and success of Roseon Exchange as a leading player in the DeFi space.”

The Beta Launch of RoseonX’s Decentralized Exchange (DEX) is scheduled for April 18th, with VIP members and RoseonPass NFT holders granted early access to test the dApp for high rewards. Additionally, RoseonX will open genesis liquidity pools with high rewards to incentivize users to add liquidity upon the DEX launch.

Full read here.
We are excited to announce that TOPGOAL has received a multi-million dollar investment from DWF Labs 🫡

This investment will empower TOPGOAL to build a football metaverse driven by AI and blockchain technology, further realizing its vision of bringing sports into Web3 and creating new digital and virtual experiences 💥

As a football metaverse platform that has interacted with numerous football stars such as Kaka, Del Peiro, and Patrice Evra, TOPGOAL possesses official copyrights for over 3000 football players and has accumulated nearly 10 years of experience in football game development. This includes proprietary Football AI algorithms, cutting-edge 3D motion engines and rendering quality, metahuman technology, innovative gameplay design, economic system design, and cross-platform compatibility. Technologically, we are prepared to complete the construction of the football metaverse, bringing tens of millions or even hundreds of millions of Web2 football users into Web3.

Full announcement here.