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OpenSea suspends marketplace fees

Edition #53 - 24 FEB 2023


NFT marketplace OpenSea said today that it is temporarily eliminating its marketplace fee; two days ago, a no-fee marketplace, Blur, surpassed OpenSea in volume for the first time since it went live in October.



gaming developments

  • ​​Decentralized gaming guild Yield Guild Games (YGG) raised $13.8M in a funding round led by DWF Labs, with participation from A16z Crypto, Galaxy Interactive, Sangha Capital Fund and Sanctor Capital.

  • NFT-oriented RPG by Azra Games Legions and Legends raised $10M in a seed funding round led by a16z crypto, with participation from NFX, Franklin Templeton, Play Ventures and Coinbase Ventures.

  • Platform for Creatives to Build Collaborative Story-Driven Worlds Strider raised $5.5M in a seed funding round led by Makers Fund and Fabric Ventures, with participation from Shima Capital, Sfermion, Magic Eden.

  • Blockchain-based space simulation game Million on Mars raised $3.5M in a funding round led by Great South Gate and Widus Partners, with participation from Solana Labs.

  • ​​Web3 game developer Curio Research raised $2.9M in a seed funding round led by Bain Capital Crypto, with participation from TCG Crypto, Formless Capital, Smrti Lab, Robot Ventures.


metaverses & Adoption


defi

  • ​​​​​​Crypto index platform Alongside raised $11M in a seed funding round led by Andreessen Horowitz, with participation from Coinbase Ventures, Franklin Templeton Investments, Village Global, Soma Capital, FJ Labs and Not Boring Capital.

  • ​​Web 3 communications infrastructure Sending Network raised $12.5M in a seed funding round led by Insignia Venture Partners, MindWorks Capital and Signum Capital, with participation from K3 Ventures, LingFeng Innovation Fund, UpHonest Capital and Aipollo Investment.

  • Web3 crypto wallet security company Stelo Labs raised $6M in a seed funding round led by Andreessen Horowitz, with participation from First Round, Pear VC, BoxGroup, Chainforest, OpenSea, Homebrew and XooglerCo.


funding rounds

 



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