Skip to main content

Reddit co-founder creates a $200M initiative with Polygon for web3 and Social Media

The initiative will back projects that explore better ways for a human to connect online, Polygon declared on Friday.

Reddit co-founder Alexis Ohanian's venture capital firm seven seven six and Polygon Network have made a $200 million initiative to invest in social media and Web 3 based projects.

Read full story on https://cryptounity.news/reddit-co-founder-creates-a-200m-initiative-with-polygon-for-web3-and-social-media 

Comments

Popular posts from this blog

StarkWare is built into a unique ZK-Rollup Snap by MetaMask

  StarkNet is not yet natively compatible with MetaMask because it uses a different address and account structure than Ethereum this is not EVM compatible with the first-ever Layer 2 snap that makes ZK rollup compatible users now have better access to a permissionless decentralized network for quick cheap applications. We made a StarkNet dApp that lets users install the snap as well manage and add tokens that are based on StarkNet snap lets you manage StarkNet assets by making StarkNet keys from your MetaMask secret Recovery Phrase without having access to your MetaMask information. Read full news at:  http://cryptounity.news/starkware-is-built-into-a-unique-zk-rollup-snap-by-metamask

Jack Dorsey's decentralized Bitcoin exchange published whitepaper

It’s no decentralized exchange in the most accurate sense of the word, but a peer-to-peer token swap platform under the oversight of Square. Jack Dorsey, co-founder, and CEO of both Square and Twitter published a white paper Friday detailing plans for Square’s decentralized Bitcoin(BTC) exchange tbDEX. Unlike most decentralized exchanges or tbDEX, DEXs will not utilize an untrustworthy model and hence will not feature their own governance token. instead, it is a message protocol designed to facilitate trust relationships without depending on a federation to control access. Read full story on  http://cryptounity.news/jack-dorseys-decentralized-bitcoin-exchange-published-whitepaper

Crypto market in India tumble following the government bill announcement

 Regulatory discussions in India over the crypto ban caused panic selling on major crypto exchange WazirX, resulting in massive price drop on leading cryptocurrencies including Bitcoin and Ether. The Indian cryptocurrency market crashed soon as the parliament announced to introduce and list 26 new bills in the Winter Session, which included the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. The bill seeks a legislative vote on creating an official digital currency while imposing a ban on all private cryptocurrencies. Read full story on http://cryptounity.news/crypto-market-in-india-tumble-following-the-government-bill-announcement