SSV Network Bags $10M From DAO Partners to Scale ETH 2.0 Staking

Open source and decentralized protocol has received $10 million in funding from its DAO partners to ramp up the decentralized staking infrastructure for Ethereum 2.0 ahead of the upcoming Merge. Receives $10M said  in a press release that it received the funds through its DAO Partner Program, an initiative the project launched in October 2021 with an objective of expanding its “community and strengthening DAO partnerships.”

So far, the project has conducted its first and second batch of the DAO Partner Program, which saw it team up with individuals, technical users, industry leaders, ecosystems, and venture capital.

Some of the notable partners who have joined the SSV ecosystem include Coinbase, Digital Currency Group, Ventures, OKEx Ventures, Lead Capital, AMBER, Everstake, DappNode, and Valid Blocks. The project hopes to onboard more companies, key figures, and grants as it continues with the DAO Partner Program.

Making ETH 2.0 Staking Easier for Anyone

As a fully decentralized open-source protocol, focuses on simplifying infrastructural access for ETH 2.0 staking through its Secret-Shared-Validator (SSV) technology. In other words, the network makes it easier for individuals and institutions to run a Distributed Ethereum Validator.

ADVERTISEMENT describes itself as the first protocol to allow users to securely split a validator key between non-trusting nodes or operators.

According to the release, the technology gives anyone trustless access to ETH staking by providing a robust and stable staking infrastructure while promoting diversification and decentralization on the Ethereum network. It then uses a network of nodes operating under consensus to generate ETH rewards for users.

Becoming the Layer 0 of Ethereum

Since the protocol focuses on decentralizing and systematizing staking at an infrastructure level, aims to become layer 0 of Ethereum this year.

“We identified DV technology at a very early stage as a critical component in Ethereum’s transition to Eth 2.0. It is incredible to see the level of adoption and participation at such an early stage in the network’s life cycle. ETH staking and DeFi will be some of crypto’s core themes in 2022 and both segments will benefit tremendously from decentralizing Ethereum’s security layer, which we call Layer 0. 2021 was the year of L2, 2022 is set to become the year of Layer 0,” said Alon Muroch, Core Contributor at

The project received a grant from the Ethereum Foundation (EF) in 2021, and the foundation later labeled SSV technology under Distributed Validator Technology (DVT), which is a key element in the ETH 2.0 roadmap.


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1inch Network Debuts Earn Pool for Liquidity Providers

The 1inch Network launched a new investment tool called 1inch Earn, in hopes of incentivizing liquidity providers. The protocol asserted in a press release shared with CryptoPotato that the new feature will provide more efficient use of capital compared to AMM pools.

How Does 1inch Earn Liquidity Pool Work?

A set of liquidity pools optimized for stablecoins, 1inch Earn’s operating model is similar to Uniswap V3 range orders. “Earnings come from fees on swap trades in the pool,” says the press communiqué from 1inch Network.

Individual users, algorithmic trade bots, and arbitrage traders will perform the swaps. 1inch Earn provides “deep liquidity at any point” because of its integration in the 1inch Pathfinder algorithm.

The DeFi protocol said the earnings from the new investment tool would be “in the range of 5-10% APY” at the time of its launch. Later, the profitability will depend on how the market behaves.

The concept of 1inch Earn has been in practice in the 1inch Network Treasury since September 2021. Earlier, it was called Trading Strategies.


The popular aggregator of decentralized protocols believes 1inch Earn will improve decentralization and governance across the network. Besides, it will prove to be an attractive earning tool for the users, the project said in its PR.

“The launch of 1inch Earn is set to be a major step towards improving the sustainability of the entire network and stepping up its decentralization and community-led governance, while also working as a lucrative earning tool for users,” reads the PR from 1inch Network.

How Is it Different?

1inch Earn uses capital in the AMM pools more efficiently, said the team. “In a standard pool, all liquidity is distributed equally along with the entire price range between zero and infinity. As a result, most of the liquidity is never used,” the PR explains.

To overcome this anomaly, 1inch Earn lets liquidity providers leverage smaller price intervals. “For instance, it could be in a range between 0.99 and 1.01. In that case, traders get deeper mid-price liquidity for swaps, and liquidity providers earn more fees,” it reads.

This scenario looks more appropriate for stablecoin pairs where “liquidity outside their typical price range is hardly ever used.”

Besides, 1inch Earn uses small movements in stablecoin prices to help liquidity providers perform extra swaps and bring additional earnings.

“Once a transaction has been confirmed, a user immediately begins earning yield in the form of both tokens deposited to the pool. Regularly updated stats are viewable on the 1inch Earn dashboard,” the PR from 1inch Network explains.

1inch Network on a Growth Trajectory

Continuing with its aim to “conquer the DeFi space,” the DEX aggregator announced on January 20 the deployment of its cross-chain aggregation and limit-order protocols on Gnosis Chain and Avalanche.

In early December 2021, 1inch completed a $175-million funding round that it said would spend to improve products and services targeted at institutional investors.


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Acala Hints Core Products Rollout Following Official Launch on Polkadot

Following its successful launch on the Polkadot Mainnet this week, Acala, an Ethereum-compatible DeFi protocol for scaling dApps, has revealed what lies ahead for the project.

Acala’s Core Products Coming Soon

The Acala team noted in an official press release seen by CryptoPotato that it intends to begin launching all of its core products soon. These include decentralized exchange (DEX) Acala Swap, upgraded Ethereum Virtual Machine (EVM+), decentralized stablecoin, aUSD, and LDOT.

The project’s developers added that Acala has a few new product releases scheduled to go live following its official launch on Mainnet. One of them is a critical bridging infrastructure aiming to scale the multi-chain ecosystem beyond the Polkadot network and Acala staking.

According to the announcement, several ecosystem teams are getting ready to launch on Acala. These include Tapio and Tiaga, which will bring stable swaps for uniform assets like DOT/LDOT, aUSD/USDT, and interBTC/RenBTC, a new native lending and borrowing solution and over 15 other teams.

Acala Goes Live on Polkadot

Earlier this week, Acala announced that it had launched its DeFi-focused network on the Polkadot mainnet, with its native cryptocurrency, ACA, now available for trading.


Recall that Acala won Polkadot’s first parachain auction with its Karura parachain. Thus, it secured a spot for itself on the Polkadot ecosystem with over $1.3 billion worth of DOT contributed by more than 81,000 eager supporters from across the globe.

According to Acala’s roadmap, the full launch of its network will be executed in different phases, with the first phase enabling users to send and receive ACA and participate in the project’s governance.

Currently, Acala has launched over $600 million in total value locked (TVL) in Liquid Crowdload DOT (LCDOT) tokens and has more than 200,000 unique token holders globally.

Acala has also received backing from some notable industry investors, including Coinbase Ventures, Arrington, Polychain, Pantera, DCG, ParaFi, CoinFund, Goldentree, TQ, and many more.

Commenting on the launch yesterday, Acala’s Chief Growth Officer, Dan Reecer, said:

“Acala is building toward a HyFi vision or Hybrid Finance, that is bridging the worlds of Web2 fintech and neobanks with DeFi to bring improved yield and financial outcomes to non-crypto users without them having to touch any complex crypto tech like MetaMask or private keys.”

Just a few weeks ago, Polkadot’s second parachain auction winner, Moonbeam, launched on the Polkadot blockchain, making it the first fully operational parachain on the network.


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Colizeum Raised $8.4 Million in a Funding Round Led by Consortium of Investors

European blockchain-based mobile gaming ecosystem Colizeum revealed the completion of its latest fundraising round. Led by industry veterans, including Deribit, SevenX Ventures, Axia8, LD Capital, and Genblock Capital, the Colizeum team successfully raised $8.4 million.

Raising $8.4 Million

As a full-fledged ecosystem for mobile game developers and gamers, Colizeum has progressed well in terms of product development since its launch in 2021. The platform’s plug-and-play SDK – the Colizeum SDK (Software Development Kit), enables mobile game developers to quickly implement in-game tokenization and play-to-earn models in existing games.

Michael Swan, Managing Director at Tokenomik Inc., is optimistic about Colizeum’s potential to help mobile gaming expand into newer horizons.

On Tokenomik’s decision to back the Colizeum project, Swan adds, “Tokenomik views Colizeum as an excellent proxy exposure to the vast NFT/play-to-earn gaming multiverse segment, which continues to expand exponentially, making it increasingly difficult to identify long term popular gaming platforms. We are delighted to be an early collaborator in this fantastic project, founded by an experienced leadership and development team.”

In addition to the fundraising round, the Colizeum team has also welcomed Wusheng (Sheng Wu), the most-awarded DOTA player, to its existing team of gaming industry veterans. Wusheng brings more than a decade of experience in professional video gaming, which will play a key role in helping the Colizeum team showcase its potential and value to the global gaming community and developers alike.

According to Colizeum Co-founder, Davis Ziedins, “Our mission is to build a set of tools that lets any traditional game developer to broaden their game monetisation methods by implementing tokenized games modes and Play-2-Earn economy in their existing and future games and at the same time to unlocking new gaming markets.”

Unlocking Monetization Opportunities for Mobile Gaming

The Colizeum SDK provides game developers with a frictionless way to incorporate play-to-earn economies in games without previous blockchain expertise. Leveraging the SDK, game developers can construct blockchain-native games and add a tokenized game mode to their existing monetization strategies.

Founded in 2021, Colizeum is also behind the renowned mobile game development studio Beetroot Labs and the team behind the award-winning iOS and Android game Dystopia: Contest of Heroes.

The Colizeum ecosystem offers a virtual play-to-earn environment that works quite similar to traditional platforms like Steam but gives gamers and game developers a myriad of monetization opportunities. It stands out as an end-to-end ecosystem that offers connectivity to state-of-the-art blockchain-based infrastructure while empowering game developers to draw upon valuable features like play-to-earn, prediction markets, tokenized tournaments, and an attention marketplace.

In contrast to traditional platforms like Google Play Store and Apple Store, Colizeum offers one-click deployment of mobile games while ensuring transparency, lowering overhead costs, and removing the complexities of hiring blockchain developers.

The Colizeum SDK allows game developers, even those who aren’t acquainted with blockchain technology, to seamlessly implement blockchain-powered in-game tokenomics and monetization models on top of existing traditional models.

The platform aims to expand its infrastructure to ensure that the SDK supports the Unity 3D game engine and other similar platforms in the future, thus enabling the global gaming community to partake in the lucrative play-to-earn ecosystem.

Powered by the platform’s native ZEUM token, the play-to-earn model is at the core of Colizeum’s infrastructure. The token connects global gamers and game developers via a unified platform while enabling all participants to tap into a diverse set of monetization opportunities.

Featured Image Courtesy of CNTravel


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Top 10 Most Expensive NFTs Ever Sold (Updated 2022)

2021 was the year when cryptocurrencies and blockchain technology witnessed massive growth, both in market capital and infrastructure development.

One thing that caught the attention of the crypto community and the mainstream audience was the rise of non-fungible tokens (NFT). In case you’re unfamiliar with what these are, please take a look at our video guide on NFTs, or its written version.

They saw exponential growth in 2021, as the digital space was being reshaped by the blockchain, where anything could be tokenized and turned into an NFT. With billions of dollars swirling in the industry, we take a look at some of the most expensive NFTs sold to date.

10 – Save Thousands of Lives — $4.5


Save Thousands of Lives is an NFT created by Noora Health, an organization that saves the lives of at-risk patients in South Asia. The artwork was sold for 1337 ETH, worth $4.5 million in May 2021. The profits were allocated to the organization’s program aimed at saving newborns’ lives instead.

9 – This Changed Everything — $5.4M


This Changed Everything is an NFT of the source code used for one of the earliest versions of the World Wide Web. It was sold on June 30, 2021, to an anonymous user for $5.4 million via Sotheby’s.

The NFT comes with several perks for the owner, like a letter written by Sir Timothy John Berners-Lee, an English computer scientist and the inventor of the internet, a digital poster of the code written by him, and time-stamped documents recording the history of the internet in its early days.

8 – Beeple, Crossroad — $6.6M


Crossroad is an animated NFT created by Mike Winkelmann, better known for his artistic pseudonym Beeple. It features the former US President Donald Trump laying on a field while bystanders ignore him.

It was sold for $6.6 million in February 2021 on Nifty Gateway, but the sale execution was made on the secondary market.

7 – Art Blocks, Ringers #109 — $6.93M


Ringers #109 is a generative art collectible from the Art Blocks collection. It consists of a total of 99,000 Art Block NFTs.

Ringers #109 was sold for 2,100 ETH worth $6.93 million in October 2021, according to Dappradar.

6 – Xcopy: Right-Click and Save As Guy — 7.09M


Right-click and Save As Guy is an NFT image auctioned on the decentralized marketplace Superrare, sold for 1,600 ETH worth 7.09 Million on December 10 to Comozo de Medici.

Interestingly enough, the buyer’s alias belongs to no other than hip hop legend and world-class celebrity – Snoop Dogg.

5 – Larva Labs, CryptoPunk #3100 — $7.58M


CryptoPunk #3100 is part of the 9 Alien Punks series, and it’s slightly above CryptoPunk #7804 as one of the most expensive Alien Punks sold to date. #3100 is an Alien wearing a blue and white headband.

It’s worth noting that only 406 of the 10,000 CryptoPunks have a headband. It was first released in 2017 and rose to prominence with a $2 million bid in March 2021, eventually selling for $7.58 million that same month. The NFT is currently for sale for 35000 ETH, which is around $100 million at the time of writing.

4 – Larva Labs, CryptoPunk #7523 — $11.75M


The CryptoPunks is an NFT collection that consists of uniquely generated characters based on the Ethereum blockchain.

On June 2021, London’s auction house Sotheby’s saw CryptoPunk #7523, also dubbed “Covid Alien,” sold for $11.75 million, making it the most expensive CryptoPunk sold to date. The NFT belonged to a series of rare aliens, which consisted of 9 “Alien Punks.”

3 – Beeple, Human One — $29.98M


The Human One is a dynamic, life-generative sculpture created by Beeple. It consists of an astronaut wandering across shifting environments and can change depending on the artist — Beeple has promised to “update” the Human One during his lifetime so the art will never remain static.

The concept attracted numerous investors at Christie’s, but it was crypto billionaire Ryan Zurrer who snapped it up for $29,985,000 on December 9, 2021.

2 – The First 5000 Days


Everydays: The First 5000 Days is an NFT artwork created by Michael Winkelmann, a digital artist known as Beeple. The artwork was auctioned at Christie’s with an initial bid of roughly $100 made by traditional customers.

But the bigger bids came shortly by crypto enthusiasts. Beeple was well-known in the crypto art community with six-digit sales like Crossroads, so it only took an hour for the piece to skyrocket to more than $1 million, with the final result being $69 million for the piece completed on the 21st of February 2021.

The First 5000 Days is an important artwork in the NFT community as it paved the way for mainstream audiences to explore on-fungible assets.

Fun fact: the art piece was bought by MetaKovan —the pseudonymous founder of Metapurse, an NFT investment fund. He wants everyone to download and copy the expensive artwork he bought. Why? Because he believes in free information.

1 – The Merge — $91.8M


The Merge is a digital artwork created by an anonymous digital artist nicknamed Pak. It was sold on Dec. 6, 2021, for $91.8 million on the NFT decentralized marketplace Nifty Gateway. However, the piece was fractionalized to 312,686 pieces distributed to 28,983 buyers. The catch here is that The Merge was a single artwork composed of a collection of “masses” that users could buy.

These pieces could be stockpiled to make a bigger mass and sell it on the secondary market. By the end of the sale, a total of $91.8 million was spent, making it the most expensive NFT sold to date.


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1inch Protocol Now Available on Avalanche and Gnosis Chain

Continuing with its push for “the best deals across the blockchain space,” the 1inch Network has announced the deployment of its latest aggregation and limit-order protocols on Avalanche and Gnosis Chain.

Conquest of the DeFi

The DEX aggregator termed the new partnerships a continuation of its conquest of the DeFi space. In a press release shared with CryptoPotato, 1inch explained that it tries to offer low-cost and high-speed cross-chain transactions, saying:

“1inch Aggregation Protocol and the 1inch Limit Order Protocol have been deployed on Avalanche and Gnosis Chain, formerly known as the xDai Chain.”

These partnerships help 1inch expand its reach to new customers on these two platforms.

Thanks to its cooperation with Avalanche, users can access several 1inch protocols on the latter’s blockchain.

These include 1inch Limit Order Protocol v2, Aave v2, SushiSwap, Trader Joe, and YetiSwap.

Similarly, the tie-up with Gnosis Chain will allow users to access many of the 1inch’s protocol, including 1inch Limit Order Protocol v2, Curve v1, Honeyswap, Levinswap, SushiSwap, and wxDai.

Co-founder of 1inch Sergei Kunz said: “1inch’s main goal is to offer users the best deals across the blockchain space. To achieve that, 1inch protocols constantly expand to new chains, and the expansion to Avalanche and Gnosis Chain will offer 1inch users more options for cheap and fast transactions.”

Limit Order Protocol v2

1inch released Limit Order Protocol v2 in mid-December 2021 that promises gasless swapping of certain coins into ETH tokens. Its v1 Limit Order Protocol released in June 2021 witnessed nearly 60,000 trades worth $3 billion.


The v2 Limit Order Protocol brings many new features, but most importantly, Gas Efficiency and token swaps into ETH.

$175 million Series B funding

The popular DeFi project closed a $175-million Series B funding recently. It said it wanted to use the funds to add services and utilities to attract traditional investors.

“While continuing to keep the existing DeFi audience happy by delivering state-of-the-art products, 1inch also aims to become a gateway for institutions that want to be part of the DeFi space.” Kunz commented at the closure of the funding.

Tiantian Kullander, co-founder and managing partner of Amber Group that led the $175 million investment round, outlined that his team was “impressed” by 1inch’s dedication to providing innovative products. Consequently, both parties have an aligned vision to build the “go-to hub for the DeFi ecosystem.”


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Cosmos-Based Privacy Startup Nym Onboards Network Validators

Privacy-focused startup Nym Technologies has developed the first block for its Nym mainnet and has started onboarding validators ahead of its mainnet launch.

Onboarding Network Validators

In a press release shared with CryptoPotato on Wednesday, Nym noted that it has welcomed some top firms as its network validators, including the telecommunications giant Swisscom, Dokia Capital, Chorus One, Nodes.Guru and a few others from the community like Commodum.

The validators will help maintain Nym’s mixnet privacy system, which can allegedly defeat nation-state-level mass surveillance.

They do this by providing consensus on the network arrangement of mix-nodes at any time, a public history of all NYM token transactions, in addition to creating and protecting certificates against double-spending, including anonymous Coconut credentials, used to access the mixnet.

Speaking on the development as a Nym validator, Dominic Vincenz, Fintech Innovation Manager at Swisscom, said:


“Nym has built a powerful global privacy network that is both decentralized and incentivized and we are thrilled to partner with Nym and support the development of privacy-enhanced infrastructure and foster new data-ownership centered business models. We are convinced that data privacy is one of the most important factors for decentralized open networks to succeed.”

Nym Launches General Purpose Blockchain

Nym also revealed that its development team has enabled smart contract uploads to its Cosmos-based blockchain, dubbed Nyx, a general-purpose smart contract blockchain.

Per the announcement, Nyx is expected to provide users with cost-effective and near-instant transactions, with a smart contract order execution speed of up to 10,000 transactions per second (TPS).

Nyx’s multi-use-case design combined with Cosmos’ Web Assembly-based smart contract environment, CosmWasm, and Nym’s powerful set of validators will enable it to meet the high computational requirements of the platform.

Dave Hrycyszyn, CTO at Nym Technologies commented on the launch, saying:

“We are pleased that our technical and partnership decisions over the past year are paying off and that in addition to our privacy mixnet, we can now offer a powerful general-purpose smart contract blockchain! This is a step in the direction to allow us to extend Coconut functionality, meaning application layer privacy, to an entire developer ecosystem.“

The launch of the much anticipated Nym mainnet will mark the beginning of its incentivised global privacy mixnet, the mixnet token NYM will allow people to access mixnet, run mix nodes in the network, and get rewarded.

Earlier in November, the firm announced that it had raised $13 million in a third investment round led by a16z.


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OlympusDAO Establishes OHM as a Liquid Asset within the Balancer Ecosystem

The decentralized finance protocol OlympusDAO collaborated with Balancer to set up OHM as a liquid asset within the latter’s network. CopperLaunch and PrimeDAO will facilitate the front end of the Liquidity Bootstrapping Pools (LBPs) by adding OHM as a collateral token.

The Specifics of The Project

According to a document seen by CryptoPotato, the decentralized reserve currency protocol – OlympusDAO – will initially deploy $50 million of liquidity to Balancer Protocol. The structure of the initiative focuses on the access point to OHM via DAI and WETH (wrapped ETH), while lowering the price impact is the primary goal of the collaboration. As such, it was determined that an OHM/ETH/DAI – 50/25/25 Pool would be the best option to present to the Olympus community.

The maximum treasury allocation will not exceed $25 million OHM and $12.5 million of each DAI and ETH. The Balancer liquidity pool should increase the network effects of OHM by generating trading fees and complementing the utility of the process.

Balancer will play a vital role in the joint program. Its multi-token capability and flexibility could lower liquidity fragmentation, the document reads:

“On Balancer, the OHM liquidity can be aggregated with both exchange assets (WETH and DAI), which results in a potential 25% improvement in price impact compared to fragmenting liquidity across two separate pools of OHM-DAI and OHM-WETH.”

CopperLaunch and PrimeDao are also key players in the initiative as they have the ability to pave the way for future token projects.


Establishing OHM as a liquid asset on Balancer’s ecosystem brings about an LBP funding program, which significantly benefits the OlympusDao network. Through it, approved users of the DeFi protocol would be able to loan OHM.

In conclusion, the collaboration is expected to bring constructive additions to the DeFi ecosystem. As a result, one could make balanced trades and build pools with multiple tokens that act as a personal index.

OlympusDAO and the Metaverse Space

The DeFi protocol recently dipped its toes in the NFT field by partnering with the Metaverse project Paragon. As a result, the latter became OlympusDAO’s first metaverse liquidity partner.


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Ethereum Compatible Quantum-Resistant Blockchain QANplatform Launches Public Testnet

Quantum-resistant Layer 1 hybrid blockchain platform, QANplatform, has announced the launch of its public TestNet, making it the first Ethereum compatible quantum-resistant blockchain platform.

World’s First Quantum-Resistant Blockchain

According to a press release shared with CryptoPotato, users can now add the QAN TestNet to MetaMask and transact with testnet tokens due to the network’s compatibility with Ethereum.

The QAN team also plans to include the QAN Virtual Machine (QVM) multi-language smart contract engine after internal testing is completed.

QANplatform describes itself as a revolutionary Layer 1 platform that allows project developers to code in any programming language without having to learn a new smart contract language.

Promoting Blockchain Adoption

Its multi-language feature will supposedly pave the way for much broader adoption of blockchain technology, as developers will be able to build quantum-resistant smart contracts, dApps, DeFi, DAO, NFT, tokens, Metaverse, and Web3 solutions on QANplatform using any programming language they already know.

The project believes this will give rise to several new and highly anticipated blockchain use cases in the crypto space. Thus, it can make talent acquisition, development, and codebase maintenance more accessible and cost-efficient for companies.

Speaking on the TestNet launch, QANplatforn’s co-founder and CTO,  Johann Polecsak, said:

“I’m pleased to announce that QANplatform is the very first Ethereum compatible quantum-resistant Layer 1 blockchain platform on the planet.

The TestNet release is a truly defining milestone in QAN’s lifespan and proof that providing quantum security yet remaining compatible with 99% of the ecosystem is very much possible. QAN is the only such solution in the crypto space, and I am very proud of the whole team for making this miracle happen.”

Reducing Entry Barriers

QANplatform aims to lower the entry barriers for developers to build quickly and securely by integrating with some of the most popular programming languages, DevOps technologies, cloud platforms, indexing, and Oracle API currently used by developers.

“We are proud that we created the first economic model for blockchains where smart contract authors are financially motivated to produce well-documented, high-quality reusable pieces of software,” Polecsak added.


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Elrond-Based Metaverse Project Closes a $1.5 Million Funding Round

Itheum, a metaverse project based on the Elrond network, recently secured $1.5 million in funding from a single investor – Morningstar Ventures. This seed round would enable the project to pursue its roadmap.

  • According to a press release shared with CryptoPotato, the funding round is part of a $15 million initiative from Morningstar, which launched Itheum in October 2021. This would help the project to attract more developers to its ecosystem.
  • The Elrond-based project boasts of a state sharding protocol that facilitates high-speed transactions with room for complex products that are based on the blockchain.
  • Itheum seeks to take advantage of its strong links in the Middle East to build a data-centered multi-chain blockchain covering data brokerage, a data-backed personal identification system that serves the metaverse concept, and more.
  • According to Mark Paul, the founder, and CEO of Itheum:

“Itheum provides a suite of tools that enable high-value data to be bridged from web2 to Web3 and then be traded peer-to-peer with no centralized intermediaries. The use of blockchain technology ensures users can take ownership of their data and partake in the Web3 and Metaverse data economies.”

  • Speaking on the seed round, the CIO of Morningstar Ventures,  Danilo, said that the company is excited to be a part of the Itheum vision after going through dozens of projects.
  • He stated that Morningstar is pleased to introduce Itheum to its community, adding that the project has made inroad into the complex space of NFT, gaming,  metaverse domains, and consumer data products.


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