ChainCatcher news, Web3 game platform Param Labs has completed a $7 million financing round, led by Animoca Brands, with participation from Delphi Ventures and Cypher Capital.Param Labs aims to build a gaming ecosystem governed by its native PARAM token, which is set to launch soon. The company's first game, "Kiraverse," is a play-to-earn multiplayer shooting game.

ChainCatcher news, according to The Block, stablecoin startup Usual Labs has completed a $7 million financing round, led by IOSG Ventures, with participation from Kraken Ventures, GSR, Mantle, Starkware, Flowdesk, Avid3, Bing Ventures, Breed, Hypersphere, Kima Ventures, Psalion, Public Works, and X Ventures.It is reported that Usual Labs plans to use these funds to launch the stablecoin USD0 on the Ethereum mainnet in the second quarter of this year, needing to fund the testnet phase and smart contract audits.

ChainCatcher news, the Web3 social game Forgotten Playland has announced the completion of a $7 million funding round, with participation from Merit Circle, Spartan Group, C² Ventures, and Paper Ventures.Forgotten Playland claims it aims to redefine social party games, with the platform set to launch in the first quarter of 2024, featuring a series of mini-games. Bump-A-Ball and Jungle Rumble have been confirmed, with more games in development.

ChainCatcher news, Web3 infrastructure Spheron recently revealed in a press release that the team completed a round of $7 million financing in August 2022, with participation from Alphawave Ventures, NexusVP, Zee Prime Capital, Protocol Labs, ConsenSys Mesh, Paradigm Shift Capital, Matrix Partners India, Tykhe Ventures, Sandeep Nailwal, Aniket Jindal, and Julian Traversa.According to the RootData page, Spheron Protocol is a blockchain-based decentralized network application deployment and hosting platform aimed at revolutionizing the web hosting ecosystem. It completed a $1.3 million seed round financing in April 2021. Currently, Spheron is entering the second phase of its roadmap, with the main goal of addressing user experience, security, and reliability issues at the Web3 infrastructure layer.

ChainCatcher news, the Web3 API platform Airstack announced the completion of the second half of its $7 million Pre-Seed round financing, led by Superscrypt, with participation from Polygon, Hashed Emergent, NGC, Primal Capital, UOB Ventures, and Signum Capital. Airstack allows developers to access and utilize on-chain data using AI-supported natural language requests.According to the crypto data platform RootData, Airstack announced the completion of a $3 million seed round financing last October, with participation from institutions such as Polygon and Fenbushi Capital. (Source link)

ChainCatcher news, Web3 game studio Redemption Games announced the completion of a new funding round of $7 million, led by Play Ventures, with participation from Bitkraft, Merit Circle DAO, Orange DAO, and a group of industry professionals.It is reported that Redemption Games is an independent studio spun off from mobile game development giant AppLovin, currently leveraging blockchain technology, digital collectibles, and AI solutions to develop games that can be brought to the mass market, incorporating Web3 elements such as digital assets into the games. (source link)

ChainCatcher news, according to The Block, the blockchain network security platform Ironblocks has completed a $7 million seed round financing, led by Collider Ventures and Disruptive AI, with participation from Samsung Next, Quantstamp, and ParaFi. Individual investors include former Coinbase CTO Balaji Srinivasan and Simplex co-founder Nimrod Lehavi. Ironblocks' co-founders Or Dadosh and Assaf Eli previously worked on the Bancor team, and Ironblocks aims to support the inspection of activities across multiple protocols or applications. (source link)

ChainCatcher news, digital art creator platform Wildxyz has completed a $7 million seed round financing, led by Matrix Partners. Wildxyz aims to create a gathering place for artists and an original digital art platform, as well as establish new ways for fan interaction. (Source link)