🚀veDAO Financing Daily News 03/17/2023

Provide the latest and most complete industry financing news, get first-hand news, please pay attention to veDAO financing daily!

【1】Giga Star

Amount: $4.8 million

Stages: Seed round

Date: March 16

Investors: DV Crypto VC, Tomsic Holdings, Nameless Ventures, Belvedere Strategic Capital

Category: Creators' Economy

Description: GigaStar brings together YouTube creators and fans as partners in revenue-sharing securities that allow fans to invest in YouTube creators to support the future of their channel, unlock special benefits, and share in the creator's journey. By leveraging blockchain technology, GigaStar offers creators a streamlined way to access fan funding, innovative fan engagement and potential long-term royalties; YouTube creators can monetize their future capital by offering fans the rights to a percentage of their channel's potential future revenue, represented by Channel Revenue Tokens (CRTs).

Website: https://gigastar.io/

Twitter: https://twitter.com/GigaStar

【2】Soul Wallet

Amount: $3.1 million

Stages: Seed round

Date: March 16

Investors: Struck Crypto

Category: Account Abstraction, Wallet

Description:Soul Wallet is a plug-in wallet that enables users to: 1. create a wallet without a helper 2. maintain a wallet by changing the signature key. 3. reduce gas fees by 30% through signature aggregation. 4. support USDC payment transactions. 5. be sponsored by a third party without gas fees. 6. bundle multiple transactions together.

Website: https://soulwallets.me/

Twitter: https://twitter.com/soulwallet_eth


Amount: $6 million

Stages: Undisclosed

Date: March 16

Investors: Paradigm

Category: Bug bounty, Security audit

Description: Code4rena is a web3 security audit consortium. The security audit competition differs from traditional audits and bug bounties in that it provides participants with broader protocol coverage and guaranteed payments. Its model involves three main players: administrators protect the DeFi ecosystem from threats by auditing code; sponsors create prize pools to entice administrators to audit their projects; judges determine the severity, validity, and quality of findings and rate the performance of administrators.

Website: https://code4rena.com/

Twitter: https://twitter.com/code4rena


Amount: $2.5 million

Stages: Seed round

Date: March 17

Investors: DefinanceX, Appworks, Quantstamp, CoinList, Candaq Fintech Group, SNZ Holding, Gate Labs

Category: Infrastructure, cross-chain communication

Description: TeleportDAO is a trustless, universal interoperability protocol that provides infrastructure for developers to build cross-chain applications. Using TeleportDAO, users can move any data between blockchains, such as messages like contract calls, or assets like tokens and NFTs.

Additions: $9 million raised in seed round on October 27th, 2022

Website: https://www.teleportdao.xyz/

Twitter: https://twitter.com/teleport_dao

About veDAO

veDAO is an investment and funding community dedicated to discovering early-stage potential projects. By gathering public wisdom and professional opinions, veDAO provides a fair, transparent and democratic project evaluation and investment and financing process for community participants, investors and project parties, allowing all participants to share the project development dividends.

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