Remove Blockchain Remove Internet Remove Social
article thumbnail

Capsule gets $1.5M to build ‘super simple’ decentralized social media

TechCrunch

” Cryptocat author gets insanely fast backing to build P2P tech for social media. Given the intent with TIC is to hosts all sorts of decentralized apps it’s possible — indeed, likely — that a bunch of decentralized social media plays will emerge. Polychain Capital outted its Beacon Fund last September.

Media 246
article thumbnail

Blockchain startup Fetch.ai grabs $40M to provide monetization and other tooling for AI-generated information

TechCrunch

AI is riding high on a curve of hype, which means some of the practical questions that might grow louder over time — the many costs (financial and social), the business models — may not be the most front of mind right now. is built on blockchain technology and it has created a FET token that will be used on its platform.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Luxury fashion meets blockchain on Syky, the Seven Seven Six-backed web3 platform

TechCrunch

She launched the company in November after a career in marketing at luxury fashion houses, serving in roles including chief digital and content officer at Ralph Lauren and digital and social marketing director at Burberry. I believe that the luxury fashion houses of tomorrow are being built today.”.

Fashion 248
article thumbnail

Yat thinks emoji ‘identities’ can be a thing, and it has $20M in sales to back it up

TechCrunch

I learned about Yat in April, when a friend sent our group chat a link to a story about how the key emoji sold as an “internet identity” for $425,000. Like any URL on the internet, Yats can redirect to another website, or they can function like a more eye-catching Linktree. “I hate the universe,” she texted.

article thumbnail

Cryptocurrency company Circle to go public in SPAC deal

TechCrunch

But the company later pivoted to create a social payments app. Circle became a sort of Venmo clone with some blockchain technology under the hood. And one that makes money work the way the Internet works,” Circle co-founder and CEO Jeremy Allaire told TechCrunch’s Natasha Lomas in 2016.

Company 361
article thumbnail

Cent, the platform that Jack Dorsey used to sell his first tweet as an NFT, raises $3M

TechCrunch

But in late 2020, Cent’s small, San Francisco-based team created Valuables , an NFT market for tweets, and by March, the small blockchain startup was thrown a serendipitous curveball. On Valuables , anyone on the internet can place an offer on any tweet, which then makes it possible for someone else to make a counter-offer.

article thumbnail

Thirdweb raises $24M at a $160M valuation from Haun Ventures, Shopify and Coinbase for its web3 development kit

TechCrunch

In the latest development, a startup called thirdweb — which has created a development toolkit to make it easier to build and launch web3 products such as blockchain games, NFTs, DAOs, marketplaces and more — has raised $24 million, a Series A that values the startup at $160 million. Projects are collectively generating $1.5