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Ember Sword Shuts Down After $7M Raised and $11M NFT Sales Amid Web3 Gaming Challenges; Aurory Beta Launch Planned | DeepNewz VC

deepnewz

deepnewz · 2m ago

Ember Sword Shuts Down After $7M Raised and $11M NFT Sales Amid Web3 Gaming Challenges; Aurory Beta Launch Planned | DeepNewz VC

Ember Sword, a crypto game, has shut down after raising $7 million and making $11 million in NFT sales. Despite its financial success, the game succumbed to challenges prevalent in Web3 gaming.

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Shards Protocol Raises $2 Million from Yield Guild, Animoca Brands to Expand Aura Web3 Reputation Platform | DeepNewz VC

deepnewz

deepnewz · 1m ago

Shards Protocol Raises $2 Million from Yield Guild, Animoca Brands to Expand Aura Web3 Reputation Platform | DeepNewz VC

Shards Protocol has raised $2 million to expand Aura, a Web3 reputation layer that converts wallet history into badges, scores, and real rewards. The funding round includes backing from Animoca Brands, Kyber Ventures, and Yield Guild, among others. Aura aims to enhance Web3 interactions by offering a reputational system rooted in on-chain activities. This development signifies a growing interest in improving user engagement and trust in blockchain-based ecosystems.

MoviePass Secures $100 Million Investment From Global Emerging Markets to Develop Newly Launched Web3 Fantasy Box Office Game Mogul | DeepNewz VC

Business Bytes

Business Bytes · 2m ago

MoviePass Secures $100 Million Investment From Global Emerging Markets to Develop Newly Launched Web3 Fantasy Box Office Game Mogul | DeepNewz VC

MoviePass has secured a $100 million investment from Global Emerging Markets to develop Web3 technology. This development is viewed positively by industry insiders, such as Joshua Ogundu, who sees potential in MoviePass's venture into Web3, particularly in gaming. The investment aims to transform and revitalize the company's business model, leveraging blockchain technology to create innovative experiences and positions MoviePass for future growth in the digital entertainment landscape.

Bloomberg Beta Launches $75 Million Fifth Fund to Support Early-Stage Startups, Led by Roy Bahat | DeepNewz VC

Business Bytes

Business Bytes · 1m ago

Bloomberg Beta Launches $75 Million Fifth Fund to Support Early-Stage Startups, Led by Roy Bahat | DeepNewz VC

Bloomberg Beta has launched its fifth fund, totaling $75 million, to support early-stage startups. This new fund continues the venture capital firm's strategy of investing in innovative and cutting-edge companies. The initiative has been met with enthusiasm from existing portfolio members, highlighting the ongoing commitment of Bloomberg Beta to foster entrepreneurship and innovation in the tech industry.

Brahma Finance Relaunches Soulbound Imprint NFT Minting With Bot Filters, Level 4 Unlock, 5% BRAH Airdrop, and $6.7M Funding | DeepNewz VC

deepnewz

deepnewz · 2m ago

Brahma Finance Relaunches Soulbound Imprint NFT Minting With Bot Filters, Level 4 Unlock, 5% BRAH Airdrop, and $6.7M Funding | DeepNewz VC

Brahma Finance has relaunched its soulbound Imprint NFT ahead of their token launch. The minting will occur on Berachain. Users who reach Level 4 by utilizing Brahma Account's features, like swapping or lending, are guaranteed a minimum 5% of the supply airdrop. This initiative is designed to reward on-chain users and build engagement within their platform prior to the upcoming release.

XP Ticket Raises $6.2 Million Led by Blockchange Ventures to Expand Solana Blockchain Platform with Identity Features | DeepNewz VC

Business Bytes

Business Bytes · 2m ago

XP Ticket Raises $6.2 Million Led by Blockchange Ventures to Expand Solana Blockchain Platform with Identity Features | DeepNewz VC

XP Ticket, a Web3 ticketing platform on Solana, successfully raised $6.2 million in a Seed funding round. The round was led by Blockchange Ventures, with additional participation from investors such as L1 Digital and Reflexive Capital.

Vivek Ramaswamy’s Strive Raises $750M to Build Bitcoin Treasury, Includes Bitcoin Education Plan in Ohio Schools | DeepNewz VC

deepnewz

deepnewz · 1m ago

Vivek Ramaswamy’s Strive Raises $750M to Build Bitcoin Treasury, Includes Bitcoin Education Plan in Ohio Schools | DeepNewz VC

Vivek Ramaswamy's investment firm, Strive, has raised $750 million to develop a Bitcoin treasury. The initiative, highlighted at the Bitcoin2025 event in Las Vegas, aims to support crypto infrastructure, tokenized products, and web3 startups. The event, held at The Venetian from May 27–29, focuses on strategy, risk, and efficient legal solutions in the crypto space. Participants were encouraged to engage in discussions about scaling and innovating within the industry.

Assisterr Raises $2.8 Million, Launches $ASRR Token, Gains Support from AethirCloud’s $100M Eco Fund with 5M Users | DeepNewz VC

Business Bytes

Business Bytes · 1m ago

Assisterr Raises $2.8 Million, Launches $ASRR Token, Gains Support from AethirCloud’s $100M Eco Fund with 5M Users | DeepNewz VC

Assisterr, a prominent platform for AI agent deployment and monetization, has successfully raised $2.8 million and launched the ASRR token. With over 26,000 AI agents and 5 million users, the platform is rapidly gaining traction and support from significant players like AethirClouds, which has shown support with a $100 million backing. This milestone highlights Assisterr's position in the evolving Web3 and AI landscape, demonstrating growth and innovation in the sector.

Sahara Labs AI Raises $49 Million Backed by YZI Labs, Polychain, DAO5 for Decentralized Data Annotation Platform | DeepNewz VC

deepnewz

deepnewz · 1m ago

Sahara Labs AI Raises $49 Million Backed by YZI Labs, Polychain, DAO5 for Decentralized Data Annotation Platform | DeepNewz VC

Sahara Labs AI, a decentralized project, focuses on data labeling for AI and crypto projects, catering to both Web3 and Web2 enterprises. Recently, it raised $49 million with backing from Yzi Labs, Polychain, and DAO5. The funding will enhance its capabilities in offering decentralized data labeling solutions, meeting the demands of AI projects across various sectors. Sahara Labs aims to bridge the gap between traditional and blockchain-based AI initiatives.

Voya Games Raises $5 Million with 1kxnetwork to Develop Player-Owned Web3 Game Craft World and Launch Angry Dynomites | DeepNewz VC

Business Bytes

Business Bytes · 2m ago

Voya Games Raises $5 Million with 1kxnetwork to Develop Player-Owned Web3 Game Craft World and Launch Angry Dynomites | DeepNewz VC

Voya Games has raised $5 million, co-led by 1kxnetwork, to develop games with player-owned economies on the Web3 platform. The studio aims to create games that incorporate asset volatility as a central gameplay loop. This approach contrasts with other crypto games that avoid integrating such volatility. The funding highlights 1kxnetwork's continued support for innovative gaming projects that offer true player ownership in evolving digital economies.

Voya Games Raises $5 Million with 1kxnetwork to Develop Player-Owned Web3 Game Craft World and Launch Angry Dynomites | DeepNewz VC

Business Bytes

Business Bytes · 2m ago

Voya Games Raises $5 Million with 1kxnetwork to Develop Player-Owned Web3 Game Craft World and Launch Angry Dynomites | DeepNewz VC

Voya Games has raised $5 million, co-led by 1kxnetwork, to develop a Web3 game featuring player-owned economies. The studio aims to integrate asset volatility as a core gameplay element, distinguishing itself from traditional crypto games. Voya Games focuses on creating a unique gaming experience by aligning with blockchain principles, enhancing player participation and ownership. The funding will support the development of these innovative gaming models, reflecting a shift in how games can be structured using emerging technologies.

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