The CBInsights’ Blockchain Report 2020 reveals that, despite the substantial decline in funding dollars, the number of deals backed by venture capital firms was relatively steady—falling just 2% year on year. To cut a long story short, projects haven’t dried up entirely… it’s just that each of them is receiving less financing on average.
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- The Celo Foundation is using blockchain to bring the world's poorest financial services. (Photo: Celo.org)
Celo Foundation’s Alliance for Prosperity seeks financial inclusion
The social impact stablecoin’s 50 supporters will build mobile dApps aimed at bringing cheaper remittances, microloans, and humanitarian aid to the poorest
Announced on March 11, the 50-member Alliance aims to support the Celo blockchain by building a variety of mobile phone-based financial tools aimed broadly at combating poverty and inequality.
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Libra-member Bison Trails scores $25 million from Silicon Valley heavy hitters
Blockchain Capital leads Series A round, explains in exclusive interview why they’re banking on Aaron Henshaw and Joe Lallouz
Libra Association founding member Bison Trails has raised $25.5 million to expand its business of providing the digital infrastructure on which blockchains rely.
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Forte’s $100 million Ripple-backed fund draws top developers at GDC, says COO Wakeford in interview
Why the future of gaming could lie in the cloud and on the blockchain
Forte Labs, the latest venture from Kabam founder Kevin Chou and former Kabam COO Kent Wakeford, had an overwhelming response at the Game Developers Conference (GDC) in San Francisco this past week. This comes on the heels of announcing its brand new $100 million fund backed by Ripple that will enable traditional games to add key blockchain features.