While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $ 200 billion range to $ 196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $ 592 billion in smart contract protocol tokens dropped in value by 3.5% over […]
Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $ 200 million investment fund in blockchain-based social media projects. According to the announcement, the partner’s mission is to attempt to bridge blockchain, Web3 technology, and social media together. Polygon […]