ChainCatcher news, the decentralized fan engagement platform AmplifyWorld has announced the completion of a $1.2 million funding round, with early-stage venture capital firm Chapel Ventures participating. It is reported that this funding deal was conducted through a Simple Agreement for Future Tokens (SAFT). AmplifyWorld aims to empower artists and fans in the music industry by leveraging blockchain and Web3 technologies. They are currently preparing to launch a token to build a new music economy, allowing artists to connect directly with fans. The new funds are intended to accelerate the development and deployment of the token.

ChainCatcher news, the Berachain ecosystem liquidity staking protocol Infrared Finance has raised an undisclosed amount of funding from Binance Labs.It is reported that this investment is for a private token round. Infrared's co-founder and CEO Raito Bear declined to comment on the total amount of funding raised so far and the valuation.

ChainCatcher news, Lancelot Labs announced the launch of the first institutional SAFT tracker built for DeFi, to help crypto funds automatically track, claim, and use tokens through compatible dApps and DeFi, addressing the complexities of tracking and claiming vested tokens. (Source link)

ChainCatcher news, according to a report by The Block citing two sources, the crypto startup AptosLaunch has raised $1.8 million through a protocol involving the future native token ALT (SAFT) and has secured over $18 million in investment commitments. AptosLaunch declined to comment on this.It is reported that AptosLaunch was established in September, aiming to help Aptos ecosystem projects launch tokens. The startup will also provide staking services and support NFT projects. (source link)