Colony Aims to Level Up Avalanche After Raising $18.5M
Avalanche ecosystem accelerator Colony is celebrating its biggest raise to date, having welcomed $18.5 million of investment from a slew of VC firms. The company, which aims to lay the foundations for the next wave of decentralized applications (dApps) built on Avalanche, received capital from the likes of Shima Capital, Hashkey, GBV Capital, and Bixin […]
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AVAX is one of the year’s top crypto performers, with the likes of Three Arrows Capital and Polychain Capital supporting the PoS chain. Avalanche ecosystem accelerator Colony has raised $18.5 million in seed investments to bootstrap the next generation of Avalanche blockchain projects, underscoring heightened demand for the proof-of-stake ecosystem. The investment round was led by the Avalanche Foundation, an organization overseeing ecosystem development grants, with additional participation from Shima Capital, HashKey, GBV Capital and Bixin Ventures. Members of the Avalanche community....
Would you live in a completely sustainable skyscraper? Colony Earth is an Eco Development company that runs on permaculture, renewable resources, Bitcoin and other cryptocurrencies. With a mission to create a development that is a living example of healthy balanced living and education, in an environment that is focused on technology, Colony Earth is changing the way we think about everyday life. Founder Xavier Hawk started Colony Earth after realizing the need to provide a safe, healthy and balanced lifestyle for every individual. Based on his experience living in eco-villages,....
A new decentralized platform for work collaboration has now entered the beta stage. Colony, a project developed on top of the open-source ethereum network, announced earlier this week that it was opening its doors to developers and enthusiasts. Those using the platform can create or join 'colonies', earning incentivizing tokens for performing tasks in the form of bounties. The thus-far private beta comes less than a year after Colony netted $10,000 at the the Consensus 2016 Proof of Work showcase competition, at which the startup won unanimously. According to a blog post, Colony is now....
Years in the making, Colony aims to solve DAO pain points and bring decentralized governance to the masses Colony, an early Ethereum project aimed at building decentralized governance tooling, announced today that it is preparing for a relaunch that’s been five years, multiple missteps, and a few half-starts in the making.If successful, however, the new app could be a boon for the dozens of decentralized finance (DeFi) protocols currently struggling with the clumsy mechanics of DAO governance — a nearly universally-acknowledged problem in dire need of a solution. Almost a half-decade ago,....
Avalanche rallied on Wednesday, as the token broke out of a key resistance level on its way towards a multi-month high. Crypto markets mostly rallied as the session progressed, following the release of the latest U.S. inflation numbers. Ethereum classic was one such token, as it moved closer to $40. Avalanche (AVAX) Avalanche (AVAX) was a big mover on Wednesday, as the token moved closer to its highest level since May. Following a low of $26.71 on Tuesday, AVAX/USD surged to an intraday peak of $30.00 earlier in today’s session. The move sees AVAX near Monday’s peak of....