WEB3 Carnival Capital Reception Successfully Concluded
![image Coinlive](https://image.kolive.co/cryptotwits-static/7e98ef7a8b36b9e8473567f76fa74964.png)
According to the Financial Times, the platform has chosen to shut down and repay investor funds.
This comes after the collapse of hedge fund Three Arrows Capital and crypto exchange FTX.
The venture firm, which was founded in 2021, is prioritizing decentralized social media, DAOs, DeFi, metaverse, zero-knowledge proofs and layer-1 solutions.
Since 2021, Play to Earn (P2E) games have boomed. Following the success of Axie, all kinds of P2E games have ...
“I’m trying to get people to plant trees,” said Fangorn, a green-fingered Bitcoiner, “as an avenue for low-time preference.”
The proposal aimed to secure a two-year runway for LidoDAO to carry out its functions in the Lido Finance protocol without worrying about further fundraising.
Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June.
The future has come!
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