Funding

Flood Protocol Secures $5.2M Seed Funding Round Led by Bain Capital Crypto and Archetype

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Flood Protocol Secures $5.2M Seed Funding Round Led by Bain Capital Crypto and Archetype

Flood, a protocol for order routing, management, and settlement, secured $5.2M in seed funding from Bain Capital Crypto, Archetype, and Robot Ventures. The team stated that Flood offers dApp developers tools to manage their application’s order flow, and is the only DEX with operational hooks on the market. This feature allows traders to settle transactions … Read more

Polkadot Community Platform PolkaWorld Ceases Operations Following Unsuccessful Funding Attempt

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Polkadot Community Platform PolkaWorld Ceases Operations Following Unsuccessful Funding Attempt

Polkadot community PolkaWorld halts operations after failed funding bid The Polkadot community, PolkaWorld, has suspended operations after its proposal to receive funding from Polkadot’s treasury was rejected. PolkaWorld raised concerns about the treasury management under the new open governance system called “OpenGov,” claiming it is affecting long-term contributors to the Polkadot ecosystem. The organization believes … Read more