ChainCatcher news, Initia announced on platform X that it completed a $2.5 million community round of financing on the Echo platform in less than two hours. This financing was conducted at a token valuation of $250 million, which represents a 28.57% decrease from its $350 million Series A valuation.It is reported that Initia has completed $14 million in Series A financing, led by Theory Ventures.

ChainCatcher news, the Web3 trusted account framework protocol OneBalance has completed a $5 million angel and community round of financing, led by Konstantin Lomashuk and Vasiliy Shapovalov from Cyber Fund. Independent investors include Yearn Finance developer Banteg, crypto KOL cobie, Across founder Hart Lambort, Wintermute chief researcher Igor Igamberdiev, WalletConnect founder Pedro Gomes, and Li.Fi founder Philipp Zentner.OneBalance stated: "We believe that transitioning to a better Web3 user experience requires an inclusive, collaborative, and community-oriented approach. Therefore, we invited the best builders and community members in the field for the first round of fundraising."According to RootData, OneBalance is a new framework for trusted accounts—combining chain abstraction, gas abstraction, and permission management to address the fragmented Web3 user experience.

ChainCatcher news, the Web3 membership community ARC Community co-founder icunucmi announced that ARC Community has completed over $4.5 million in community round financing. ARC is connecting influential figures among global Asian expatriates to collaboratively contribute ideas, resources, and networks for its pioneering social entrepreneurship studio.The long-term vision and common goal of ARC Community is to advance the development of the Web3 field in Asia through its social entrepreneurship studio, keeping its community at the forefront through collective value creation.

ChainCatcher news, according to the official announcement, the decentralized public network Nillion is launching a community round financing on CoinList, with the purchase period starting on June 19, 2024, at 17:00 (UTC) and ending on June 26 at 17:00 (UTC).The "community round" will adopt the same $400 million valuation as the Series A round and will offer the same (or higher) proportion of token supply as the Series A round. The community round has a public option and two different launch categories.

ChainCatcher news, the registration for the Dark Forest community round DF ARES v0.1 Round 1 has begun. This event is hosted by the development team DF Archon, which focuses on on-chain games, and is supported by teams such as AltLayer, Mask Network, AGLD DAO, DeGame, Fun Blocks, and others.The event will officially start on July 12 and will last for five days. The registration link for the event has been released. Players can not only win prizes based on their final rankings but also compete for named planets and artifacts in the game to receive special prizes from sponsors. The projects sponsoring participation prizes include: AltLayer, Weirdo Ghost Gang, 01a1, briq, TownStory Galaxy, and others.DF ARES is a series of events promoted by DF Archon for the Dark Forest community round, aiming to explore more innovative game mechanics while maintaining the openness of Dark Forest.

ChainCatcher news, according to official sources, the full-chain game Depets has completed a community round of financing of 80 Ethereum and is about to issue tokens and airdrop to the community.It is reported that Depets is a fully chain-free-to-play game, where Azuki, BAYC, Cryptopunk, and Nouns blue-chip users can each receive an NFT pet to participate in on-chain battle games and invite friends to join. (source link)

ChainCatcher news, Swiss cryptocurrency startup SwissBorg, based in Lausanne, has completed a $23 million Series A community funding round with a total of 16,600 investors participating.It is reported that SwissBorg connects users with decentralized finance platforms through its yield products, generating returns on crypto assets in a transparent manner and building a comprehensive crypto wealth management ecosystem. (source link)