Archway will have a token sale on CoinList on June 15. Registration deadline: June 12. 30M ARCH (3% of the total supply) to be offered at $0.2 per token at $200M valuation. Vesting: 25% at TGE and 8 month linear release. Fundraising goal: $6M. Purchase limits: $100- $1000. Archway is building a Cosmos-based layer 1 network.
Worldcoin has closed $115M Series C funding round. Blockchain Capital led the fundraise, while a16z crypto, Bain Capital Crypto and Distributed Global all participated.
Decentralized API infrastructure developer Bware Labs (INFRA) will have a primary listing on May 30. KuCoin, MEXC, Gate, BitMart will enable trading around 10:00 AM (UTC). Users can earn INFRA by participating in distribution activities on the exchanges.
Vega Protocol activated its first on-chain markets after the launch of its alpha mainnet on May 10. Vega will offer users the ability to create decentralized markets. To start with, the network will support cash-settled futures markets. Spot, perpetual, and other types to follow.
Fusionist incentivized Beta testing event is live as of May 22. The first phase will last for 5 days. The whole activity will last till June 8. Eligible users will get rewards in ACE token. ACE is a native token of Endurance Network, Fusionist’s sidechain.
One of the oldest blockchains Dash stopped after a failed hard fork on May 22. Block production has been done for the last 13 hours. Currently there is no clear understanding when the block production will resume.
STEPN has become the first web3 App that integrates Apple Pay. According to the blog post users will not need a crypto wallet to purchase STEPN Sneaker NFTs on iOS. They can simply use Apple Pay for this.
Hotbit exchange halts operations. Users can withdraw their funds till June 21. According to the blog post the exchange has stopped operations on May 22, UTC 04:00 after more than 5 years in the business.
Neon EVM will have a token sale on CoinList on June 8. Registration deadline: June 5. 50M NEON (5% of the total supply) to be offered at $0.1 per token at $100M valuation. No vesting. Fundraising goal: $5M. Purchase limits: $100- $500. Neon EVM is building an Ethereum Virtual Machine on Solana.
Web3 startup Story Protocol closed a $29.3 Million seed round led by a16z Crypto, with participation from Hashed, Mirana Corp, DAO5, Samsung Next Fund, Two Small Fish Ventures, Berggruen, and SLVC. Story Protocol will use the funds to accelerate the development of its Web3 infrastructure platform.
LayerZero launches bug bounty program with up to $15M in rewards. LayerZero Labs, has partnered with bug bounty and security services platform Immunefi to launch a $15M bug bounty for its protocol. The $15M maximum reward also makes this the largest bug bounty program in the crypto ecosystem, surpassing MakerDAO’s $10M program.
Sui-based social dApp Suia is having a public sale till May 16. 4M SUIA (4% of total supply) is available for sale with SUI token (3M SUIA) and with CETUS token (1M SUIA). Token price: $0.37 (representing $37M FDV). The token will be distributed pro rata according to the committed amount. At the moment the sale is 350% over-subscribed. KuCoin, Bybit, Gate & MEXC will list the token on May 16.
Neutron has launched its mainnet. Token airdrop to happen in 14 days. 7% out of 1B NTRN supply will be allocated to ATOM stakers/voters. Snapshot was taken on Nov 19, 2022. Following the airdrop, 4% of the total supply will be available via liquidity bootstrapping pools (NTRN-ATOM and NTRN-USDC) over 5 days. Neutron is building Cosmos-based cross-chain smart contract platform.
Web3 game studio Fusionist will start incentivized beta testing of its game on May 22. The activity will last till June 8. Eligible users will get rewards in ACE token. ACE is a native token of Endurance Network, Fusionist’s sidechain.