WOM Protocol Gains Strategic Investment for Web3 Social Revolution
We're pleased to announce our #investment in blockchain-based marketing technology WOM Protocol!
According to Andrei Grachev, Managing Partner of DWF Labs: “We see tremendous potential in WOM Protocol’s #innovative approach to word-of-mouth marketing. The Protocol’s ability to authenticate recommendations, incentivize creators, and reward authenticators and platforms has the potential to revolutionize the way brands and creators connect with their audiences. We are excited to be a part of this groundbreaking project and look forward to seeing the impact it will have on the industry.”
This strategic investment supports the scaling of the WOM Protocol and kickstarts a partnership to further the mission of empowering #brands, creators, publishers, and #social networks.
We're pleased to announce our #investment in blockchain-based marketing technology WOM Protocol!
According to Andrei Grachev, Managing Partner of DWF Labs: “We see tremendous potential in WOM Protocol’s #innovative approach to word-of-mouth marketing. The Protocol’s ability to authenticate recommendations, incentivize creators, and reward authenticators and platforms has the potential to revolutionize the way brands and creators connect with their audiences. We are excited to be a part of this groundbreaking project and look forward to seeing the impact it will have on the industry.”
This strategic investment supports the scaling of the WOM Protocol and kickstarts a partnership to further the mission of empowering #brands, creators, publishers, and #social networks.
Congratulations Tonstarter on closing a $1.5 million investment seed round! 🎉
We're proud to support your mission to unite #builders, #community, and #capital to accelerate the #growth of TON ecosystem ⚡
It's exciting to be building a bright future together 🫡
Full announcement here.
We're proud to support your mission to unite #builders, #community, and #capital to accelerate the #growth of TON ecosystem ⚡
It's exciting to be building a bright future together 🫡
Full announcement here.
Crypto infrastructure provider Orbs raising $10 million from DWF Labs in token round
"Orbs is a highly promising project within the TON ecosystem, and we are pleased to invest in their vision for the future of decentralized finance," Andrei Grachev, managing partner at DWF Labs, said.
DWF Labs will purchase Orbs tokens worth up to $10 million, the web3 investment firm said Tuesday. The first tranche of the total investment settled today, Orbs CEO Nadav Shemesh told The Block. He added that the rest of the investment will be "made over time to average price."
With DWF's investment, Orbs plans to continue developing its infrastructure to grow adoption, both on Ethereum Virtual Machine (EVM) chains and on The Open Network (TON), Shemesh said. Orbs recently started building on TON as the first non-EVM Layer 1.
"Orbs is a highly promising project within the TON ecosystem, and we are pleased to invest in their vision for the future of decentralized finance," Andrei Grachev, managing partner at DWF Labs, said.
DWF Labs will purchase Orbs tokens worth up to $10 million, the web3 investment firm said Tuesday. The first tranche of the total investment settled today, Orbs CEO Nadav Shemesh told The Block. He added that the rest of the investment will be "made over time to average price."
With DWF's investment, Orbs plans to continue developing its infrastructure to grow adoption, both on Ethereum Virtual Machine (EVM) chains and on The Open Network (TON), Shemesh said. Orbs recently started building on TON as the first non-EVM Layer 1.
[9 Mar to 15 Mar] DWF Crypto Snapshot
Our latest #crypto report by DWF Labs Managing Partner Andrei Grachev is up.
Here's your weekly round up 💫
💠 Global Institutions Continue To Build #Web3 Partnerships Despite Market Volatility
💠DWF Labs Unlocks The Potential Of Decentralized #Advertising With Latest Investment Round in WOM Protocol
💠DWF Labs Concludes Investment In Orbs Via US$10M #Token Sale
💠Investments Into #DeFi Increased Despite The #Bear Market In 2022, Says CoinGecko
💠DWF Labs Successfully Participates In Tonstarter Seed Funding As A Key #Investor
💠Bifrost Finance (PILAB Technology, Inc. (BIFROST)) Sees A Jump In #TVL After Launching 5.0 #Community Campaign
💠DWF Labs Drives Lending #Utility Via Its Latest #Partnership with LEND
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
Our latest #crypto report by DWF Labs Managing Partner Andrei Grachev is up.
Here's your weekly round up 💫
💠 Global Institutions Continue To Build #Web3 Partnerships Despite Market Volatility
💠DWF Labs Unlocks The Potential Of Decentralized #Advertising With Latest Investment Round in WOM Protocol
💠DWF Labs Concludes Investment In Orbs Via US$10M #Token Sale
💠Investments Into #DeFi Increased Despite The #Bear Market In 2022, Says CoinGecko
💠DWF Labs Successfully Participates In Tonstarter Seed Funding As A Key #Investor
💠Bifrost Finance (PILAB Technology, Inc. (BIFROST)) Sees A Jump In #TVL After Launching 5.0 #Community Campaign
💠DWF Labs Drives Lending #Utility Via Its Latest #Partnership with LEND
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
ORBS Token Rises 15% After DWF Labs Invests $10M
Market maker and investment firm DWF Labs has invested $10 million in blockchain infrastructure provider Orbs Network through a token sale, news that sent the native ORBS token, which has an $85 million market cap, up close to 15% to 3.4 cents.
"Orbs is a highly promising project within the TON ecosystem, and we are pleased to invest in their vision for the future of decentralized finance. Their dTWAP protocol for decentralized exchanges and their contributions to the TON ecosystem demonstrate their commitment to advancing the potential for growth and innovation in the space,” DWF Labs partner Andrei Grachev said in a statement.
Full read here.
Market maker and investment firm DWF Labs has invested $10 million in blockchain infrastructure provider Orbs Network through a token sale, news that sent the native ORBS token, which has an $85 million market cap, up close to 15% to 3.4 cents.
"Orbs is a highly promising project within the TON ecosystem, and we are pleased to invest in their vision for the future of decentralized finance. Their dTWAP protocol for decentralized exchanges and their contributions to the TON ecosystem demonstrate their commitment to advancing the potential for growth and innovation in the space,” DWF Labs partner Andrei Grachev said in a statement.
Full read here.
It's been three months since Binance launched the Industry Recovery Initiative (IRI) as part of their ongoing effort to help rebuild the crypto industry after a difficult year and to protect users.
The IRI is currently backed by 18 organizations, including DWF Labs that have jointly committed $1.1bn.
“While the market is suffering from crypto winter, we’re happy to be a part of the IRI, because it’s an opportunity for us and other responsible market players to find and support bright and promising projects,” said Andrei Grachev, managing partner of DWF Labs.
Over the last three months, DWF has issued four grants from its IRI fund, providing financial support to Web3 projects MXC and Symbiosis, among others.
Full read here.
Note: We're always open to invest and support bold founders who want to build the future of Web3. If you are/ know of a founder in this space, drop us a note on our website here and we'd love to have a chat.
The IRI is currently backed by 18 organizations, including DWF Labs that have jointly committed $1.1bn.
“While the market is suffering from crypto winter, we’re happy to be a part of the IRI, because it’s an opportunity for us and other responsible market players to find and support bright and promising projects,” said Andrei Grachev, managing partner of DWF Labs.
Over the last three months, DWF has issued four grants from its IRI fund, providing financial support to Web3 projects MXC and Symbiosis, among others.
Full read here.
Note: We're always open to invest and support bold founders who want to build the future of Web3. If you are/ know of a founder in this space, drop us a note on our website here and we'd love to have a chat.
We have just finalized an agreement with the Synthetix Treasury Council (Synthetix) to provide liquidity & market make SNX tokens on centralized and decentralised exchanges.
We're thrilled to announce our commitment to being an active member of the Synthetix protocol in a number of ways including:
- Integrate and trade Synthetix perps
- Participating in SNX Governance during the Epoch Elections
- Participate in community and product dialogue
Looking forward to a great partnership with Synthetix and are excited about deepening SNX’s liquidity across the industry! 🔥
Read the full announcement here.
We're thrilled to announce our commitment to being an active member of the Synthetix protocol in a number of ways including:
- Integrate and trade Synthetix perps
- Participating in SNX Governance during the Epoch Elections
- Participate in community and product dialogue
Looking forward to a great partnership with Synthetix and are excited about deepening SNX’s liquidity across the industry! 🔥
Read the full announcement here.
Discord
Discord - Group Chat That’s All Fun & Games
Discord is great for playing games and chilling with friends, or even building a worldwide community. Customize your own space to talk, play, and hang out.
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.
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.
//
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.
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.
//
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.
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.
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.
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.
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.
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
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.
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'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.
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.
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).
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).