ChainCatcher news, according to Decrypt, blockchain game developer Nytro Lab has completed a $8 million financing round, led by SevenX Ventures, with participation from OKX Ventures, Aptos Labs, HashKey Capital, and others. This funding brings the studio's total financing to $25 million.It is reported that Nytro Lab's blockchain game Castile will undergo beta testing from September 10 to October 10, and will be available on iOS, Android, and PC. The date for claiming beta rewards will be announced through Castile's social media channels.

ChainCatcher news, according to The Block, Web3 game studio Curio has completed a $5.7 million seed funding round, led by Bain Capital Crypto and SevenX Ventures, with participation from OKX Ventures. This round brings Curio's total funding to $8.7 million.Curio focuses on building composable infrastructure for on-chain games and plans to use the funds to expand its core team and develop a social strategy game called Duper.

ChainCatcher news, the AI-driven data and infrastructure platform DAOBase designed for DAOs, announced the completion of a $6 million financing round, with participation from SevenX Capital, AntAlpha Ventures, Tanuki Studio, y2z Ventures, Slingshot Labs, LD Capital, Mix Marvel DAO Venture, TI Capital, Bitrise Capital, The Sandbox co-founder Sébastien Borget, and DeXe Protocol co-founder Dmytro Kotliarov.The funds from this financing will primarily be used for product development, marketing, and global expansion. DAOBase plans to further enhance the platform's capabilities, scale its operations, and provide smarter and more efficient governance solutions for DAOs.It is reported that DAOBase is a data and infrastructure platform driven by AI, specifically tailored for DAOs. The company helps DAOs and voters establish their own on-chain and off-chain data reputation layers by leveraging advanced algorithms, enabling users to intelligently monitor DAO governance, make informed decisions, and explore future work models.

ChainCatcher news, the derivatives trading platform JOJO on the Base chain has completed its seed round financing, led by SevenX Ventures, with participation from SmrtiLab, Shadow Labs, Bitlink, PAKA, and Clairvoyant.JOJO is spearheaded by Radar Bear, co-founder of DODO, and David, former CTO of DDEX. The platform aims to create a highly open and liquid trading environment. It integrates a Turing-complete hybrid liquidity model, diversified asset staking mining, quantitative trading bots, leverage trading up to 1000 times, and automated funding rate arbitrage, aiming to provide comprehensive services for users with different risk preferences and to bring a good on-chain trading experience to the Base ecosystem.

ChainCatcher news, according to Coindesk, the verifiable oracle protocol Ora has completed a $20 million financing round, with participation from Polychain, SevenX Ventures, HF0, and Hashkey Capital.Additionally, the Web3 asset data platform RootData shows that ORA is a verifiable oracle protocol that brings artificial intelligence and complex computations on-chain. ORA breaks the limitations of smart contracts with richer data sources and computational capabilities, allowing developers to innovate freely. ORA has two main products: AI Oracle (OAO): bringing AI on-chain; ZK Oracle: bringing complex computations and historical data on-chain.

ChainCatcher news, according to official sources, SevenX Ventures will collaborate with everVision and BuidlerDAO to launch a $10 million AO ecosystem fund to invest in and incubate early projects within the AO ecosystem, helping to accelerate the development of the entire ecosystem. In addition to financial support, everVision will provide technical support to help projects better develop within the AO ecosystem, while BuidlerDAO will organize hackathons and acceleration camps to lower the entry barriers for developers and entrepreneurs, guiding them towards sustainable development.SevenX Ventures founding partner Eraser mentioned, "As an early supporter who has been focusing on and continuously investing in the Arweave ecosystem since 2011, SevenX is equally optimistic about the prospects of AO. We are pleased to collaborate with SevenX's portfolio companies—everVision and BuidlerDAO—to launch the first AO ecosystem fund, hoping to help developers better connect with the AO ecosystem while contributing to the prosperity of the ecosystem."

ChainCatcher news, the modular AI network REVOX (revox.ai) announced the completion of its strategic funding round, which was participated by several angel investors in the AI and Web3 fields, including SevenX Ventures, Arweave SCP Ventures, Cointelegraph Acceleration, Skyland Ventures, Taisu Ventures, 0x Consulting, and 7upDAO.REVOX aims to build a modular AI Agent network and decentralized applications, providing users with fair and efficient information in Web3 and broader fields. Through a decentralized AI infrastructure, it seeks to fundamentally change the way AI decentralized applications are created and become the preferred platform for Web3 AI developers and users.

ChainCatcher news, the social infrastructure project UXLINK announced that it has secured a new round of financing led by SevenX Ventures, INCE Capital, and HashKey Capital, along with several other investors. This round raised over $5 million, less than three months after the previous round. UXLINK has raised a total of over $15 million to date, covering several top-tier institutions and well-known individuals from Europe, America, Asia, and the Middle East.According to the Web3 asset data platform RootData, UXLINK is a social platform and infrastructure based on "acquaintance social relationships" and groups, with over 5.5 million registered users, more than 1 million daily active users, and over 100,000 groups. According to the UXLINK community leader, the newly raised funds will mainly be used for ecological and post-TGE product development, better supporting the issuance, distribution, and trading of socialized assets. Currently, UXLINK's DAPP and protocol revenue are steadily increasing, with good cash flow.Jon, founding partner of SevenX Ventures, stated, "We are optimistic about UXLINK's ability to nurture asset issuance and trading capabilities through socialization, becoming a key hub linking Web3 infrastructure and application scenarios."Rui, the project investment leader at HashKey Capital, said, "Through private social networks, acquaintance-driven user acquisition, and Telegram group chat dissemination models, UXLINK has quickly become one of the most active blockchain social platforms at this stage. The team looks forward to providing more Web3 native assets and on-chain products to this group of users, driving the mass adoption of Web3 applications."Alex Yan, executive director of INCE Capital, stated, "Social interaction is a basic need for everyone and is also an essential path for Web3 to achieve large-scale applications. UXLINK has built a brand new Social Infrastructure leveraging acquaintance relationship chains and social dissemination mechanisms, making it possible to create a new generation of Web3 social products with a large user base, high-density connections, and diverse interactions."

ChainCatcher news, SevenX Ventures announced an investment in the group-based Web3 social platform UXLINK. UXLINK is the first user-driven Web3 social platform and infrastructure, featuring: familiar social relationships (Facebook/WeChat type) and a Web3 group model.Since its launch in April 2023, UXLINK has registered over 5.5 million users, with more than 100,000 groups, over 1 million daily active users on the DAPP, and over 200,000 daily active users on-chain. Additionally, UXLINK's first season airdrop is currently underway, aiming to cover 10% of the highest quality users, exceeding a scale of 500,000.Jon, founding partner of SevenX Ventures, stated, "We are optimistic about UXLINK's ability to cultivate asset issuance and trading capabilities through socialization, becoming a key hub linking Web3 infrastructure and application scenarios."

According to ChainCatcher news, the official announcement states that the Web3 3D LBS game L3E7 (Lagrange3: Earth's 7WIN) has completed a total of $10 million in angel round and Series A financing. The angel round was led by LongLing Capital, while the Series A round was co-led by Spartan Group and SevenX Ventures, with participation from Kekecely, Foresight Ventures, OKX Ventures, Big Brain Holdings, Vertex Ventures, Comma3 Ventures, Meta Labs, Marvellous Creature, Giantwood, Mantle EcoFund, BitValue, Hailstone Labs, LiquidX, and Buzzone.It is reported that L3E7 features top-notch game visuals in the industry and supports the minting of exclusive character NFTs. The core team members have over 20 years of experience in AAA game development and are dedicated to creating the world's first PvEvP (Player vs Environment vs Player) game that fully recreates global cities and streets with complete 3D modeling.

ChainCatcher news, according to Cointelegraph, the on-chain prediction infrastructure/liquidity layer Azuro announced the completion of a $11 million financing round, with participation from SevenX Ventures, Fenbushi Capital, Arrington Capital, Polymorphic Capital, Red Beard Ventures, Dewhales, and G1 Ventures.According to the crypto data platform RootData, Azuro is an infrastructure/liquidity layer for on-chain predictions. It employs a new liquidity pool design, known as the liquidity tree, which can create and maintain market liquidity. Azuro supports thousands of sports markets and other games, along with a rich set of features that anyone can use without permission to create various applications, embedded integrations, or derivatives.

ChainCatcher news, according to Fortune magazine, Layer 1 blockchain Monad Labs has completed a $225 million financing round, led by Paradigm, with other investors including Electric Capital, Castle Island Ventures, Greenoaks, eGirl Capital, Amber Group, Animoca Ventures, Archetype, Bankless Ventures, Big Brain Holdings, Bodhi Ventures, Breed, Caladan, CMS Holdings, Coinbase Ventures, CoinFund, DBA, Figment Capital, Flow Traders, Galaxy, GSR Ventures, Hailstone Labs, Hermeneutic Investments, HTX Ventures, IOSG Ventures, Makers Fund, Manifold Trading, Merit Circle, Mirana Ventures, Nascent, Presto Labs, Rebirth Ventures, Robot Ventures, SevenX Ventures, Superscrypt, Wintermute Ventures, and others.Angel investors include Inversebrah, Ansem, Hsaka, punk6529, Saquon Barkley, Eric Wall, Rune Christensen, Bryan Pellegrino, Robinson Burkey, Luca Netz, Mert Mumtaz, Shoku, and others.This will be the largest financing in the cryptocurrency space so far in 2024. Monad founder Keone Hon stated that Monad's innovation comes from rebuilding the Ethereum blockchain from the ground up—maintaining the ability to execute smart contracts while completing transactions at a faster speed, higher capacity, and lower cost. Unlike many new blockchains, Monad will fully support EVM.According to the RootData page, Monad is building a high-performance Layer 1 blockchain for the next generation of decentralized applications, with the mission of accelerating the disruptive power of decentralization by building a blockchain that is 100 to 1000 times faster than its closest competitors, alleviating the severe bottlenecks of existing blockchains, and enabling more complex applications and broader adoption.

ChainCatcher news, the all-chain AI game Cellula has completed a $2 million Pre-Seed round of financing, led jointly by SevenX Ventures and OKX Ventures, with participation from Mask Network, Foresight Ventures, and others. The team stated that the new funds will be used for multi-chain deployment, new game development, team operations, and more. Cellula's first game, Game of Life, will launch on the mainnet on April 15, and will also conduct an airdrop event in collaboration with BNB Chain. Additionally, the brand will be upgraded, and the product matrix and game reward mechanisms will be expanded.It is reported that Cellula is an all-chain game ecosystem that uses a virtual proof of work (vPOW) asset allocation method to provide continuous incentives for games within the ecosystem. Previously, Cellula received strategic investment in the Binance Labs Pre-Seed round through the Binance incubator program.

ChainCatcher message, hosted by SevenX Ventures and co-hosted by Immutable and YGG, the New Trends Summit will be held on April 7 during the Hong Kong Carnival. This summit, themed "Web3 Game: The Next Big Thing," invites leading projects in the gaming sector and related infrastructure to discuss cutting-edge topics and co-build ecological development. Projects expected to attend include Immutable, Ronin, BEAM, Polygon, Solana, Mantle, YGG, Xterio, Curio, Matr1x, Metecene, MyShell, Blocklords, Space Nation, L3E7, Age of Dino, Nytro, Cellula, and more.Gaming has always been a key investment track for SevenX Ventures, and SevenX hopes to provide a platform for entrepreneurs in the gaming and related sectors to exchange insights and explore collaborations through this conference.

ChainCatcher news, MMORPG chain game MetaCene has completed a $10 million Series A funding round, led by Folius Ventures and SevenX Ventures, with participation from The Spartan Group, Mantle Network, Animoca Ventures, Longling Capital, Comma3 Ventures, and IGG. The funds raised will be used to expand the team and promote user acquisition plans.MetaCene conducted two rounds of Alpha testing in 2023, with the number of participating players growing from 2,961 to over 5,000; the average daily playtime per player increased from 2.5 hours to 4 hours. MetaCene will also launch the third round of Alpha testing in March 2024, including both PC and mobile versions.According to the crypto data platform RootData, in July 2023, MetaCene completed a $5 million seed funding round, led by Hash Global and SevenX Ventures, with participation from WeMade, Emurgo, MixMarvel DAO Ventures, Sinovation Ventures, and LK Ventures.

ChainCatcher news, on the second day of the "SevenX Research Day: Restaked Modularity @ETHDenver" event, Renzo co-founder Lucas Kozinski shared his views on "ezETH Restaking."During the event, Lucas introduced the utility of Renzo's LRT token ezETH. Lucas stated that, unlike other protocols that only accept native ETH or LST tokens, Renzo supports users depositing either native ETH or LST tokens, but will only generate one LRT token, ezETH. This move is aimed at preventing liquidity fragmentation and facilitating Renzo's composability around ezETH in various aspects such as DEX, lending, and oracles.Lucas further mentioned that Renzo hopes to integrate with every Layer1 or Layer2, such as Arbitrum, BNB Chain, Mode, Base, etc., but does not want to see liquidity friction or misaligned incentives. Therefore, regardless of the form of ETH or LST deposits Renzo accepts on these networks, users will only receive ezETH as proof.The "SevenX Research Day: Restaked Modularity @ETHDenver" is hosted by SevenX Ventures, co-organized by Mirana Ventures, and supported by EigenLayer, with leading researchers, AVS projects, and founders related to Modularity and Restaking attending to discuss industry frontiers.

ChainCatcher news, in the "2023 Web3 Industry Development Research Report and Annual List" published by the cryptocurrency asset data platform RootDada, SevenX Ventures has been selected as one of the Top 100 investment institutions in 2023.In 2023, SevenX Ventures' publicly disclosed investment projects exceeded 19, among which representative projects include Flashbots, Manta Network, Scroll, Altlayer, Renzo, Matr1x, AI Arena, Curio, Myshell, and others.

ChainCatcher news, the gamified NFTFi and SocialFi platform Eeesee has announced the completion of a $2.85 million funding round, including $1.1 million in seed funding and $1.75 million in private placement, with investors including SevenX Ventures, Maven Capital, MetaBros, Contango Digital Assets, BasementDAO, and others.It is reported that Eeesee's native token ESE is planned to be launched in the first quarter.