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Luxury fashion meets blockchain on Syky, the Seven Seven Six-backed web3 platform

TechCrunch

She launched the company in November after a career in marketing at luxury fashion houses, serving in roles including chief digital and content officer at Ralph Lauren and digital and social marketing director at Burberry. In addition, they will receive periodic insights and reports on fashion and technology.

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Capsule gets $1.5M to build ‘super simple’ decentralized social media

TechCrunch

As we reported in January , the idea for Capsule started with a tweet that almost immediately pulled in a pre-seed raise of $100k. ” Cryptocat author gets insanely fast backing to build P2P tech for social media. That’s now been topped up with seed financing to get a prototype to market later this month.

Media 246
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Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

TechCrunch

The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization.

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Daily Crunch: New Starbucks Odyssey loyalty program ‘happens to be built on blockchain and web3’

TechCrunch

2001, a Starbucks Odyssey : In August, Starbucks got things percolating with plans for a blockchain-based loyalty program and NFT community. Tage reports that Kippa already has 500,000 merchants using its app since launching last June. May your week have all the right kinds of surprises in it! — Christine and Haje. Or so they thought.

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Daily Crunch: Meta decimates its staff as the social media giant lays off 11,000

TechCrunch

Answers on an immutable blockchain transaction, please. More social media struggles : Though the subject matter was a downer, Paul wrote a great story about Meta’s confirmed layoffs of 11,000 employees, explaining what happened, why and what it means in the greater context of Meta’s future. The TechCrunch Top 3.

Media 238
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Friend.tech hype is skyrocketing, but will it actually reach the stars?

TechCrunch

Since Friend.tech opened its invite-only beta test 11 days ago, the decentralized social-focused app has quickly attracted a lot of users, even catching the attention of big name crypto influencers, NBA players and OnlyFans creators. Disclosure: Silberling is a sibling of Amanda Silberling, a TechCrunch reporter.)

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Meet the newest crypto builders from web3 accelerator Alliance DAO’s demo day

TechCrunch

About three-fourths of the teams are focusing on NFTs, infrastructure or decentralized finance (DeFi), while the majority of the teams are building on layer-1 blockchains Ethereum, Polygon and Solana. What it does: Exclusive social clubs on top of NFTs. channels like Twitter or Discord onto blockchains. Stage: Seed round.