Crypto Deal Flow: September 4–6
From September 4 to September 6, five cryptocurrency deals were discovered.
- ENS| undisclosed sum| Chainlink| grant
ENS (Ethereum Name Service) has received a grant from Chainlink. ENS allows you to create simple names on the Ethereum blockchain. Instead of a long set of characters, you can make a readable address. The grant will go toward developing domain names for Chainlink oracles and developing a Layer-2 solution for verifying DNSSEC proofs for ENS domain names on Ethereum without having to do the computation on-chain.
2. Hedget| $1m| Alameda Research and others| strategic round
On August 4, we already wrote about cryptocurrency options from Hedget. Now the project has raised more funds — $ 1m from Alameda Research, Orion Protocol and AKG Venture. Hedget will deliver 200,000 tokens to investors at $5 per token. From September 7th to 11th, Hedget is hosting a public auction on its website.
3. Skale Network| $3.85m| token sale
Skale Network has completed the first round of the token sale. 128.2 million tokens were sold, $3.85m of funds were raised. 3,527 investors took part in the token sale. Investors will receive tokens on October 1 with the possibility of staking them. Skale Network is developing a Layer-2 solution for Ethereum.
Source: email newsletter
Skale Network: https://skale.network/
4. Starcurve| undisclosed sum| Continue Capital| private round
DEX aggregator STARCURVE has raised funds from Continue Capital. The investment amount has not been disclosed. 90% of the aggregator’s fees will be distributed among token holders. The public token sale will be on September 9th via the Gnosis Protocol.
5. Binance| Binance Launchpool
Binance has announced a new initiative — Binance Launchpool. You need to stake BNB, BUSD tokens to receive tokens of new projects. The first participant in Launchpool is Bella Protocol. We wrote about it on August 26th. In this case, you can also stake ARPA tokens. BNB staked tokens can participate in Binance Launchpad, airdrops and VIP benefits. Nice initiative from Binance.
Bella protocol Twitter: https://twitter.com/bellaprotocol
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