Condense – the world’s first company to deliver the power, connection and immersiveness of live, real-world events into the metaverse – has raised a $4.5 million round led by LocalGlobe, 7percent Ventures and Deeptech Labs, alongside angels including a platinum-selling grime artist, former England footballer and sports presenter, Tom Blomfield (Monzo), renowned music manager Grace Ladoja MBE and Ian Hogarth (Song Kick).

Founded in Bristol in 2019, Condense is the only company in the world with the end-to-end capture and streaming technology to live stream real-world events like music and sports events into 3D applications. The company uses cutting-edge computer vision, machine learning and proprietary streaming infrastructure to capture and embed live 3D video (Video 3.0) into any metaverse game, mobile app or platform created with Unity or Unreal Engine.

This means true-to-life live performances can be streamed directly into the virtual worlds and games platforms used by billions of people worldwide – without the need for VR headsets. Because the events are streamed live as three-dimensional “real-world” video, every player’s perspective is as unique and dynamic as if they were at a physical live event – and their experience just as memorable.

In addition to the funding announcement, the company has also opened the world’s first metaverse studio in partnership with Watershed – Bristol’s cultural cinema and creative technology venue – to give established artists and emerging talent access to the technology. The studio is a “metaverse-first” event space, and can also accommodate a live audience. In partnership with another organisation, a London studio will open soon followed by other studios internationally.

With Condense, broadcasting live in three-dimensions to the metaverse is as natural and easy as performing in front of a conventional camera, with no need for green screens or post-production, allowing for an immediate connection with the audience in real-time.

• Check out a video of Grove performing live, captured and streamed by Condense in Video 3.0, here: https://youtu.be/bEmO1rrqOtI

Bristol-based vocalist and producer Grove, who was among the first artists to pioneer Condense technology, said, “The minds behind the technology are pushing the boundaries of tech-informed performance sharing. This is great for accessibility and opens up exciting new opportunities for fans to connect with their favourite artists.”

Video 3.0 gives fans completely new experiences online. Audiences can attend gigs or sporting events with friends, with the freedom to move among the virtual crowds and get up close to the action. Because performances are live, fans can interact with the artist – a digital step forward from holding a banner at a gig – and artists can respond in real-time, giving shout-outs, answering questions or performing a requested track.

Condense harnesses the feelings of connection you get from seeing your favourite band, artist, team or sports star perform live, while introducing an unprecedented level of access, participation and inclusion never before seen – all while providing artists, rights holders and metaverse platforms the opportunity to create completely new revenue streams.

Grace Ladoja MBE, co-founder of METALLIC INC and renowned artist manager said: “Culture and community are what drives music forward. It’s how we connect with where we’ve come from and where we want to go. Condense’s technology is opening up a new platform for these communities and cultures, diversifying the voices in the metaverse by making it live and accessible. It’s got the potential to inspire and empower a new movement of artists and fans. This is both exciting, and significant.”

Ziv Reichert, partner at LocalGlobe (recently ranked the UK’s number one seed investor by Dealroom) said: “Hundreds of millions of people are hanging out in immersive 3D platforms like Roblox, Rec Room, Fortnite, Sandbox, Decentraland and VRChat; attending virtual events, socialising and being creative. At the same time, player demand for live entertainment inside these virtual worlds has never been greater. Condense has built the infrastructure to connect the two – now music artists, sports stars and creatives can perform and play live in the metaverse, to the largest stadium audience imaginable.”

Andrew Gault, founding partner of 7percent ventures said: “When I invested in Oculus nearly 10 years ago, the dream was to deliver experiences that seamlessly merge the digital and the physical. Condense has now made that possible inside all video games and platforms, without the need for VR headsets. What they have built is already a reality and it’s going to change the way the whole world engages online.”

Miles Kirby, CEO of Deeptech Labs said, “The metaverse requires a new infrastructure, much of it breaking new ground and requiring next-generation machine learning and machine vision. Condense has the deeptech experience and vision to make the metaverse the number one destination for live events.”

Condense’s CEO and co-founder Nick Fellingham said, “The Bristol scene has long been a world-renowned melting pot of different cultures and music and, in the last few years, it’s become a hub for games development too. Now we’re going to put Bristol on the map once again with the world’s first metaverse live streaming studio to bring together the energy of live events with the massive scale of the metaverse. The Video 3.0 infrastructure we’ve built takes out the technical complexity of streaming live into the metaverse, so people are free to put their creativity in. Video 3.0 is going to change not just how we experience live events online, but fundamentally how we engage with each other.”

The original press release can be found on Business Wire.

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Unstoppable Domains, the leading platform for Web3 digital identity with more than 2.5 million registered NFT domains, today announced it has closed $65 million in Series A funding at a $1 billion valuation. The round was led by new investor Pantera Capital with participation from Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko, We3 syndicate, Rainfall Capital, Broadhaven, EI Ventures, Hardyaka, and Sound Media Ventures, along with previous investors Boost VC and Draper Associates. Unstoppable Domains will use the funding to fuel product innovation and grow our partnerships in the web3 space as we continue to build a platform for user-owned and portable digital identity.

“Unstoppable Domains is rapidly defining a new category of decentralized identity that will change the internet as we know it,” said Paul Veradittakit, Partner at Pantera Capital. “We’re proud to back Matt and the rest of the team who are making this vision a reality.”

Founded in 2018, Unstoppable Domains offers NFT domains that give people full ownership and control of their digital identity. The company has registered 2.5 million domains, which people can use to log into more than 150 Web3 applications, replace lengthy crypto wallet addresses on more than 80 wallets and exchanges, create decentralized websites, and build their web3 identity. Unstoppable Domains has built more than 300 partnerships with leading web3 companies like Polygon, Blockchain.com, MoonPay and more. Unstoppable Domains has generated more than $80 million in sales since launching in 2019.

“For too long, companies have controlled people’s digital identities, and Unstoppable Domains is putting that power back into the hands of people,” said Matthew Gould, Founder and CEO of Unstoppable Domains. “As the digital economy becomes a larger part of our lives, it’s time for people to own their identity on the internet. We’re thrilled to partner with Pantera and other investors who share our vision of onboarding billions of people onto Web3 through NFT domains that unlock user-owned, private, and portable identities.”

Unstoppable Domains is a fully remote company and was recently named one of America’s Best Startup Employers by Forbes.

ABOUT UNSTOPPABLE DOMAINS

Founded in 2018, Unstoppable Domains is an NFT domain name provider and digital identity platform working to onboard the world onto Web3. Unstoppable Domains offers NFT domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America’s Best Startup Employers in 2022.

ABOUT PANTERA

Pantera Capital is the first institutional investment firm focused exclusively on bitcoin, other digital currencies, and companies in the blockchain tech ecosystem. Pantera launched the first cryptocurrency fund in the United States when bitcoin was at $65/BTC in 2013. The firm subsequently launched the first exclusively-blockchain venture fund. In 2017, Pantera was the first firm to offer an early-stage token fund. Pantera Bitcoin Fund has returned over 32,000% in nine years and has returned billions to its investors. Pantera manages $4.7bn across three strategies – passive, hedge, and venture.

The original press release can be found on PR Newswire.

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This goal will be done using the NEAR Protocol, a secure decentralized application (dApp) platform that is easy to use. But it has more going for it than user-friendliness, with the protocol offering affordable and inclusive operational costs. Moreover, the carbon-neutral technology and ethical community align well with Primordia DAOs mission.

But the protocol is not the only thing that looks to make the process easier. The structure of DAOs is also helpful in the social impact and social justice pursuit by adding transparency and democracy to all of the organizations involved. With DAOs, collective governance is the focus, making it ideal for the social justice as an organization movement.

Of course, the movement and Primordia DAO still have a way to go to reach their goal by the end of 2022, with only 30% of the 100 DAOs currently onboarded. Among them are DAOs that include Lowkey Giant DAO, a US DAO that focuses on NFT and crypto creativity and culture. There is also Verse Gallery, Scandinavia’s first physical NFT gallery, which looks to help people bridge the existing knowledge gap where NFTs and blockchain are concerned.

Among the other DAOs are a number of organizations looking to make a serious social impact with various approaches and specializations. And the diversity is only expected to grow as more DAOs join the mission to better the world using blockchain and the unique governance structure it offers through DAOs.

Additionally, Primordia DAO will act as the DAO of DAOs, giving the communities onboarded and involved with the mission the ability to become a significant part of the project. It does this by including the new communities in the council of the Primordia project.

As for the project chosen as part of the Primordia DAO mission, the focus is on those that deal with the social, psychological, economic, and ecological state of the world. It is through finding solutions to those challenges that Primordia DAO and The Kin DAO behind it hope to truly make a social impact on the world.

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How did you become involved in the Metaverse and virtual real estate?

I was looking to start a company, had just quit my job, and was doing different hackathons in the blockchain and Web3 space. I tried different ideas….I remember I tried mortgages on chain, I tried Airbnb on chain, I tried a few different things. Then I came across somebody at Web 3 weekend ETH Global last May who was talking about building something for the Metaverse. That was the first time I heard about it. That was the first time I hopped into Decentraland and then I got into ​​Crypto Voxels. I was just fascinated by the idea that these things have different land, that it was actually worth something and that people would build on it. It reminded me of a lot of Roblox and other games I used to play where you own a property that people can visit, and from there we scaled. I was trying to start a business and I had a background in real estate, data science and there was this opportunity where nobody really understood what was going on and, you know, people were talking about it and really liked it. I came in and looked at the data, saw the value there and so that is how I became involved.

Why is virtual real estate valuation such a difficult concept for investors to gauge?

This concept is difficult for many people to wrap their heads around because the Metaverse is still a challenging concept. The mere fact that the property is virtual makes it harder to conceptualize and attach a value to it. But it’s important to remember that the valuation of these properties comes not from their physical properties but from the fact that people still visit these virtual properties. With the death of a lot of people’s 3rd places due to the pandemic, the Metaverse is stepping in to fill that void, and this inherently provides value.

What are some of the most important differences between virtual and traditional real estate? How do these differences affect their valuations?

The differences are still undefined; they can be as similar or as dissimilar as the user wants it to be. Your Facebook page is virtual real estate, what’s its valuation? Quite high, actually. One of the things virtual real estate lacks is privacy. It’s almost impossible to be alone in the virtual world. Even your own phone is tracked, so there isn’t really the possibility of privacy.

The question is, what are you satisfying with virtual real estate? You can visit your virtual real estate from any physical location, which is another differentiating factory. In summation, their valuation becomes what is important to the consumer. The overarching factor though is the ability to generate revenue. Physical real estate is static but virtual real estate is inherently infinite, and thus has the potential for infinite possibility for growth, which is super exciting.

What are the important factors to consider with digital land? How does WeMeta use these factors to value properties?

Currently, digital land is evaluated in a largely location-based way. The constraints of building are really based on location the same way building physical real estate differs by location. However, there is more to the potential valuation besides location. In the near future, WeMeta plans to focus more on the amenities that these digital properties can provide, rather than just where the property is located in its respective metaverse. Over time we plan to flip the evaluation model on its head from being based on sales history of nearby properties to being based on similar experiences.

Where do you see the future of digital real estate? 

You own what you own and it’s not part of a central collective. The problem right now is it’s all running on AWS but in the future it could be completely decentralized.I think the future of digital real estate is super exciting. I see it almost as a GTA or Roblox, or any game with a map that can be built upon and innovated. Unfortunately, there isn’t a techstack that we currently have that allows for this. Ethic with their Unreal engine is doing a pretty good job but it’s not a Web3 native so we’ll see how it works.

What advice would you offer to those who are interested in investing in the Metaverse but don’t know where to start?

I would first ask someone how they define investing in the metaverse, because to some extent buying stock in any company with virtual real estate could be considered investing in the metaverse. On the other hand building experiences in these decentralized spaces is a great way to start as well. Learning how to create Web3 native technology is the best way to prepare you for the future of the metaverse.

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Web 3.0 – How to Effectively Lead the Communication – was the first topic of our Communication Academy webinar in May. This series of events is focused on education about blockchain-based technology projects.

As part of the first online meeting, we invited a special guest – a journalist from Grit Daily News – Peter Page, who introduced some interesting insights about Web 3.0 communication from the perspective of a journalist in traditional media.

The idea to start the Communication Academy came to us instinctively. We saw the need for it in a developing market that is completely new and unknown. Since the definition of Web 3.0 is complex, we wanted to tell others that we should learn how to communicate topics related to blockchain in their businesses. We want to share our experiences as an agency and invite inspiring guests who will show us several faces of the projects they work on.

What Was Our Main Goal?

During the event, we discussed:

• How to effectively communicate difficult topics related to the Web 3.0 market;
• What is important for journalists and what kind of content they are looking for;
• How to increase the chances of articles being published;
• What materials the editors expect, and what topics they are interested in;
• The most common mistakes journalists encounter.

Who Was Our Special Guest?

We invited a person with many years of experience in journalism to this event. Peter Page is the Contributions Editor at Grit Daily. He began his journalism career as a newspaper reporter long before print journalism had even heard of the internet. He has a degree of expertise in environmental policy, the energy economy, and ecosystem dynamics.

In addition, he works in the tech portal, so we were strongly convinced that he would provide us with the most important information in a nutshell. Grit Daily News is the premier startup news hub, and is the top news source on Millennial and Gen Z startups—from fashion, tech, and influencers to entrepreneurship and funding.

So How, Why, and to Whom Should You Communicate Web 3.0 Projects?

We conducted a 30-minute interview with Peter, which revealed that journalists pay attention primarily to the personalization of emails. Peter Page emphasized that the subject of the message should immediately indicate what we want to inform our recipient about. His experience shows that it is also worth proving to a journalist that we read their website or magazine on a daily basis. Additionally, journalists often need interesting images, but not a company logo for publication, because they don’t want it to look like an advertisement.

However, it is important to check beforehand what picture sizes they publish, just to make it easier to publish for the editorial staff. He also hinted that the most important thing is that our message should be properly selected for the target group. In his opinion, it is better to send the text to a narrow group of recipients—10 seriously tech-driven people—instead of to 100 people who are not interested in the topic.

More examples of communication channels with journalists are Twitter and LinkedIn. Editors are often very active on these platforms, so you can usually reach them this way. According to Peter, this is not inappropriate; on the contrary—it is a business communication channel.

These are some of the insights from our last webinar. Of course, we agree with everything that he said about leading communication about Web 3.0 businesses, and we hope that thanks to these insights, you will communicate your projects more effectively.

How to Start Communication of Innovation

In the second part of the webinar, the CEO of our agency, Anita Kijanka, raised the topic of communication of innovation and its stages depending on the diffusion of innovation theory. Anita brings up this topic in her e-book How to Start Communication of Innovation. This e-book is addressed especially to people who would like to know what the communication of innovation is and the benefits it brings.

“Diffusion” is the stage in which information is passed on that initiates the learning process. This process involves both the developers of a given solution—who, through their activity, improve their technology—and potential customers, who check the solutions in practice and decide whether they want to use them in the future.

So, who are the recipients at each stage of innovation development, and what kind of communication do they need? E.M. Rogers categorized people based on their readiness and their openness to the implementation of innovation. The groups separated in this way are Innovators, Early Adopters, Early Majority, Late Majority, and Laggards.

Summary

If you want more education and insights about blockchain-based technology projects, follow us on LinkedIn and join our Communication Academy. Every month we talk about something else. In June we will look closer at building community, including the use of platforms such as Discord. In the future, we will also discuss privacy, security, DAO, and NFT.

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But during the most recent explosive period of growth in the blockchain industry, adoption and popularity of the technology increased in parallel. With so many newcomers, it’s no surprise to see such widespread disappointment in the community. Not only is this the first bear market for many, but it is also their first experience in the financial world. After all, the largest ownership demographic is the 25-34 age range. 

Cyrus Taghehcian started building in blockchain back in 2016 while searching for solutions to problems in legacy finance. Since then, he founded SHOPX.co, an e-commerce infrastructure project powered by blockchain technology and NFTs. I interviewed Cyrus today to get an expert’s opinion on recent events. Hopefully, his experience will help calm some of the uncertainty in this difficult time. 

Grit Daily: What do you think caused this most recent crash and bear market?

Cyrus Taghehcian: The crypto bull run is officially over. It has been over since November, confirmed in May. Here we are in July and most of the disbelief is starting to dissipate. You could say that the crypto market is irrational. You could definitely say it was over-leveraged. The reasons behind the bitcoin bull cycles in the past have always been irrational to me. The slashing of the bitcoin mining rewards in half every 210,000 transaction blocks has been causing crypto to bubble about every 4 years since its inception in 2009. 

GD: What does the bear market mean for crypto and the economy at large?

Cyrus Taghehcian: Well, there’s good news. Real money is made in bear markets. The true builders are still here looking for funding. The scammers and noise have died down. There are distressed assets everywhere ripe for the taking. This crypto bear cycle will be like none other we have experienced before. In the US, we haven’t had a recession in 14 years. Those that study economics/history/money policy know that we are long overdue for a proper recession. 

GD: What is the benefit of sitting on the sidelines while prices are so low?

Cyrus Taghehcian: In the past two years, the US has added dollars to the market at an unbelievable rate. War. Sanctions. Global trade is greatly impacted.  Scarce assets will remain scarce. The price of anything is determined by its supply and people’s demand. People have access to more dollars than ever before. Now it is more important than ever to have dollars on the sidelines ready to enter the market as we start to enter this overdue recession. 

GD: How can young investors take advantage of current market conditions?

Cyrus Taghehcian: Multiple half-billion crypto companies have declared bankruptcy already. Their assets will be on sale. The S&P 500 is down historic year-over-year lows already. Almost every industry is seeing massive value wiped off the scoreboard. As whole markets and countries capitulate, this is where the good news lies. There are opportunities everywhere. A well-placed investment strategy could be life-changing for some and could mean generational wealth for others. We all have to start somewhere. Cryptocurrency presents an entirely new asset class to the world. Digital property will cause the greatest wealth transfer the world has ever seen.

GD: When do you think we can expect to see a reduction in the volatility in the cryptocurrency market?

Cyrus Taghehcian: While the space is still unregulated, many are still waiting to enter this newish sector. Bitcoin, introduced in 2009 after the last economic crisis, was the first solution to the digital money problem and the first cryptocurrency project introduced. In 2018 Gary Gensler, chairman of the SEC, said that meaningful regulations to cryptocurrency were at least ten years out, while teaching a course on blockchain at MIT of Cambridge, MA. We will need a mix of both internal and external regulations as well as to establish a standardized routine of best practices if we want to beat volatility.

The post Cyrus Taghehcian Puts the Crypto Winter Into Perspective appeared first on Grit Daily News.

ZEBEDEE, the leading fintech and next-generation payment processor for the gaming industry, today announced it has closed a $35M funding round led by Kingsway Capital and joined by leading global merchant bank The Raine Group as well as video-game giant Square Enix. Existing investors including Lakestar and Initial Capital also participated in the round. This Series B funding round will help ZEBEDEE scale company-wide to meet the needs of the biggest names in the games industry.

ZEBEDEE has created a platform that allows any game developer to easily add programmable money into their games. Anything that happens in a game can trigger a payment, which is sent instantly and at nearly zero cost. When a player shoots someone in a competitive CS:GO match, they can take a small amount of money (e.g. a fraction of a cent) from them in real-time inside the match itself. When a character in a platform game jumps and picks up a coin—as in Super Mario—that coin can be worth real money, which the player receives instantly and can also spend instantly. To make this work, ZEBEDEE offers both API-based tools for developers as well as an app for gamers, which enables them to discover the growing range of ZEBEDEE-powered games and acts as the wallet for sending and receiving funds between games and players.

To make this work from a technical standpoint, ZEBEDEE uses the Bitcoin Lightning Network as a key piece of its payments infrastructure. While blockchain gaming has become a persistent buzzword over the past two years, ZEBEDEE steadily maintains its differentiation as a FinTech and payment services provider focused on gaming: Bitcoin is simply the payment rail that enables the flexible, programmable transfers of any amount between any game, app or user. For ZEBEDEE users, it is not about Bitcoin, nor should it be. It is about a more rewarding experience in games, packaged into intuitive and simple UX that does not require any knowledge of crypto.

This approach clearly resonates with both gamers and game makers and has led ZEBEDEE to have an outstanding year, with their user count increasing by over 10x since the startup announced their series A round in September 2021. The growth has partly been driven by ZEBEDEE’s fast pace of innovation and ability to deliver exciting products to market, as well as a growing number of partnerships both with game studios building on the platform and integrations with notable finance industry players.

“We are pleased to be in a position where we can confidently scale our team and grow our business even as the macroeconomic backdrop becomes increasingly uncertain,” said Simon Cowell, CEO of ZEBEDEE. “This funding round gives us the ability to meet our highly ambitious roadmap both in terms of building out our infrastructure to support the hundreds of millions of users that play our partners’ games, as well as hire the top-level talent needed to ensure every partner has the best possible experience working with ZEBEDEE.”

ZEBEDEE’s new funding round puts the startup in a strong position to expand its best-in-class infrastructure, tools and services tailored specifically for games developers, many of whom are already working with ZEBEDEE.

“We are excited to lead ZEBEDEE’s latest funding round and support their continuing mission to become the Bitcoin enabler of choice for their partners,” said Afonso Campos, Managing Partner at Kingsway Capital. “Partnering with ZEBEDEE will allow its entire ecosystem to benefit from higher user retention, lower transaction costs and generally a superior payments experience. Importantly, it will also help bring Bitcoin to millions around the globe.”

“In ZEBEDEE, we see a world-class team that has created a truly powerful use case for cryptocurrency in games,” said Kenny Lee, Vice President at Raine Group. “We have seen new monetization methods disrupt the gaming industry in the past, and we believe the integration of Bitcoin directly into games is a new way to expand the connection with players and engage them in ways that were never possible before. The wide range of use cases for ZEBEDEE’s platform provides flexibility for the game designer and allows ZEBEDEE to partner with any developer, from AAA console and PC to hyper-casual mobile.”

The original press release can be found on Business Wire.

The post ZEBEDEE Looks to Scale Its Real Economics for Virtual Worlds with a $35M Funding Round appeared first on Grit Daily News.

Halborn, a cybersecurity firm serving both traditional finance and blockchain-based clients, announced the completion of a $90 million growth equity financing, the first external funding in the company’s history. Global growth investor Summit Partners led the round, with participation from Castle Island, Digital Currency Group, Brevan Howard, Third Prime, Sky Vision Capital, and Fenwick. The funding was first announced in a Bloomberg exclusive.

Halborn was founded in 2019 by Steven Walbroehl and Rob Behnke with a vision to secure the blockchain and protect users against data and monetary losses. Profitable since inception, Walbroehl and Behnke bootstrapped Halborn into a leader in Web3 security. Halborn is growing rapidly and today serves over 250 clients and employs more than 100 team members around the world.

“With security vulnerabilities dominating the crypto news headlines, and over $1.5 billion in financial losses from DeFi hacks in 2022 to date, the demand for Web3 security is only growing,” said Halborn co-founder and CISO Steven Walbroehl, author of the SANS Institute course on Blockchain and Smart Contract Security. “Funding from this Series A will be used to expand our global team of offensive security engineers and build our Halborn Labs division, accelerating our robust pipeline of SaaS security products.”

With thousands of centralized and decentralized applications touching Web3 and developer counts growing rapidly, the Web3 attack surface has grown exponentially in recent years. Applications and APIs are often far more vulnerable than the blockchains upon which they are developed. Open-source vulnerabilities and human programming error have created significant, well-documented cyber risks – but the market has developed few security standards to address this challenge.

Operating across the software development lifecycle, Halborn provides a suite of products and services designed to identify and close vulnerabilities in Web3 applications, helping to create the security standards that the market currently lacks.

Halborn currently serves a diverse global client base spanning Layer 1 blockchains, infrastructure providers, financial institutions, and application and game developers. Halborn’s customers include Solana Foundation, Avalanche, and Figment.

“Summit has a long history of partnering with innovative cybersecurity leaders focused on protecting against both monetary and data breaches in a constantly evolving and ever-expanding threat landscape. We believe the stakes and costs are even higher in Web3, given the decentralized development of and the dollars controlled by Web3 applications,” said Matt Hamilton, a Managing Director at Summit Partners, who has joined the Halborn Board of Directors. “In a very short time, Halborn has established itself as a globally recognized brand in blockchain security working across Web3 and Web2 environments. The Halborn team has earned a reputation for tackling complex projects and has an impressive record of identifying high-profile vulnerabilities and breaches.”

“Cybersecurity risk has historically been a barrier for organizations seeking to launch products in the blockchain industry. Halborn is changing this risk/reward equation and, in doing so, is expanding the addressable market for public blockchain technology. We are thrilled to partner with Halborn as they expand their product offering,” said Matthew Walsh, Founding Partner at Castle Island.

“Third Prime is focused on investing in market leaders in some of the most important areas of crypto, and we believe the Halborn team, track record and technology fit squarely in this mandate. We’re excited to partner with them as they secure companies across the space,” added Wes Barton, Managing Partner at Third Prime.

The original press release can be found on GlobeNewswire.

The post Halborn Is Pushing Blockchain Cybersecurity with $90M In Funding appeared first on Grit Daily News.

Dignity Gold, a blockchain development company that relies on a regulation-forward approach and security tokens to unlock new ways of investing in the United States precious metals, mining, and minerals sector, announced today that the DIGau gold reserve-backed security token of its wholly owned subsidiary, Dignity Corporation, is now listed on CoinMarketCap, the world’s most-referenced price-tracking website for crypto and tokenized assets.

With verifiable gold and the financial security of $234 billion in provable precious metal reserves, which are now being processed from United States mines in Nevada, per the current NI 43-101 evolution mining report for its owned and pledged Pinkham Lode Mine and Panguitch sites, Dignity Gold’s modern financial instruments have been able to demystify tokenized ownership, reduce the friction of ownership, and offer the controls that have the potential to boost investor confidence and open the United States precious metals, mining, and mineral sector to investors.

“Listing on CoinMarketCap is a confirmation of our tireless efforts to ensure that DIGau’s revolutionary tokenized security provides investors with unique and provable value,” said Kent M. Swig, Chairman of Dignity Gold. “While DIGau is a very simple way for a wide variety of investors to benefit from investing in the United States precious metals, mining, and minerals sector, what sets the token apart is how DIGau combines gold reserves backing with metals, all being registered and regulated in the United States.”

“We’re building the foundation for a modern precious metal and mineral-backed digital security that inspires confidence in institutional investors,” said Steve Braverman, President of Dignity Gold. “CoinMarketCap’s listing of DIGau could not have come at a better time, as the precious metals and minerals space is heating up and drawing strong investor interest.”

About Dignity Gold, LLC

Founded in 2019 by Stephen Braverman and Kent M. Swig, Dignity Gold is the parent company of Dignity Corp. which is engaged in issuing the Dignity token using the ticker DIGau backed by gold deposits located in the United States.

About CoinMarketCap

Founded by Brandon Chez in May 2013, CoinMarketCap is the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with unbiased, high quality and accurate information for drawing their own informed conclusions.

Cautionary Statement

No securities regulatory authority, digital assets securities exchange, or stock exchange has approved or disapproved of the information contained in this news release or accepts responsibility for the adequacy or accuracy of this release. This material contains ‘forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We undertake no obligation to revise these forward-looking statements to reflect events or circumstances that arise after the posting of this material and in no way guarantees the accuracy of this information at any time in the future.

The post CoinMarketCap Lists DIGau Token From Dignity Gold appeared first on Grit Daily News.

Fathom Yacht Club (FYC), co-founded by BIPOC female entrepreneur Jessica Hunt and her husband, Jonathan Sands, is the result of a mix of careers that come together perfectly to build and grow an NFT-backed decentralized yacht club.

Hunt holds a Master’s in Hospitality from Florida International University and a web development degree from Wyncode Academy, a well-respected coding bootcamp in Miami. She has also worked in marketing, Web3, and golf clubs where she’s learned about club memberships.

Sands, on the other hand, brings marine expertise as a marine surveyor with a degree in Naval Architecture and Marine Engineering from the University of New Orleans.

As a couple who lives and works in Miami and spends a lot of their free time chartering boats both locally and abroad, one thing they always felt was lacking was a social community that they could share their love for boating with. They didn’t want to join a traditional yacht club because the notion was so stale at this point. “It’s old school. We’re global now, so why not build something global,” Hunt said.

What really intrigued the pair is that through a utility-backed NFT community and a booking app, they could reinvent the yacht club membership model and make it something decentralized, associated with multiple locations, and host exclusive VIP experiences that would cater to their members.

“To me, what’s exciting is that I personally love boating – my husband and I charter boats often,” said Hunt. But as a developer who has been keeping up with the explosion of Web3 and its developments, she also said of FYC: “I love the tech that’s behind it.”

The duo decided that their hometown of Miami was also the perfect place to start FYC; after all, Miami and Ft. Lauderdale are international boating capitals, and the weather is ideal for cruising year-round.

Together, Hunt and Sands have collaborated to enhance the NFT market with Fathom Yacht Club. Three membership tiers are available, ranging from $5,000 – $15,000, each giving you access to bigger boats, the ability to bring more guests, and exclusive experiences and perks. But unlike a traditional yacht club, there are no initiation fees or annual fees, and your membership is leasable and sellable. And you don’t have to worry about any social events being at the dated clubhouse because instead, they’ll be at luxurious and contemporary locations around the world.

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