Evening News | Greenland Group acquires BAYC #8302; Three Arrows Capital plans to move headquarters from Singapore to Dubai

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"What important events have occurred in the past 24 hours"

1. Yuga Labs' new project cancels Dutch auction, Otherdeed sold for 305 ApeCoin

Yuga Labs' new project Otherside has canceled the Dutch auction, and Otherdeed NFTs will be sold at a fixed price of 305 ApeCoin. A total of 55,000 Otherdeed NFTs are available for purchase by KYC wallets. To ensure as broad a distribution as possible and reduce the likelihood of a large-scale Gas War, each wallet will be limited to 2 NFTs at the start of the sale, with the number of NFTs each wallet can mint increasing as the minting continues.

It is reported that on April 26, Yuga Labs' new project Otherside announced on social media that the auction would adopt a Dutch auction format, supporting only ApeCoin payments. BAYC and MAYC holders can claim NFTs within 21 days after the auction without needing KYC certification to apply, but KYC certification is required to mint during the auction. (Source link)

2. Greenland Group purchases BAYC #8302 and uses it as the NFT image for its digital strategy

Greenland Group's "Greenland G Premium Club" public account announced that the group has officially purchased BAYC #8302 and will use it as the NFT image for its digital strategy. Greenland Group stated that it will build Greenland G-World in the future, using VR and AR technology to bridge the virtual and real worlds, achieving seamless integration of online and offline scenarios.

Greenland also mentioned that it will share the Bored Ape NFT image with supporters of Greenland Group, allowing everyone to have their first digital collectible through Greenland G-World, while also witnessing the launch of Greenland's digital transformation process.

According to Opensea data, the last transaction record for this NFT occurred on April 26, with a sale price of 140 ETH, valued at approximately $410,000, after which the NFT underwent multiple transfer records. (Source link)

3. DAO incubator SeeDAO completes Series A financing with a valuation of $30 million, plans to issue tokens and identity credential NFTs

DAO incubator SeeDAO announced that it completed Series A financing at the end of January 2022 with a valuation of $30 million. The amount raised was not disclosed, with investors including Hashkey Capital, Hash Global, Nervos, Tess Venture, Mask Network, ChainIDE, and Fire Phoenix Capital.

At the same time, SeeDAO also stated that it will issue tokens and identity credential NFTs, with a total token supply of 1 billion, 25% allocated to the initiator CryptoC, 15% for financing, and 60% allocated to the community. The SeeDAO governance identity credential NFT is named SeeDAO Genesis NFT, with a tentative total of 10,000 pieces, minted through member contributions, granting holders governance rights and voting rights in SeeDAO's internal affairs.

According to reports, SeeDAO is an organization exploring new production relationships for creators, currently forming 10 guilds including translation guilds, research and investment guilds, and product guilds, aiming to support the birth of quality projects from multiple aspects such as education, information, and events. (Source link)

4. Coinlist to conduct Ondo Finance token sale on May 13, Beijing time

Coinlist announced that it will conduct the Ondo Finance token sale on May 13, Beijing time, with a planned sale volume of 400 million tokens, priced at $0.055 per token, locked for 12 months starting from June 1, 2022, followed by a 6-month release period.

It is understood that Ondo Finance is a decentralized investment bank, with core business serving and connecting various stakeholders in the emerging DeFi ecosystem, including DAOs, institutions, and retail. (Source link)

5. USV announces completion of fundraising for two new funds of $275 million and $350 million to continue investing in Web2 and Web3 projects

Notable venture capital firm Union Square Ventures (USV) announced the completion of fundraising for two new funds, a $275 million core fund and a $350 million opportunity fund, to continue investing in Web2 and Web3 companies and projects.

It is reported that previous USV investments in crypto projects include WalletConnect, 3Box Labs, Dune Analytics, Mirror, Matter Labs, and Coinbase. (Source link)

6. Insider: Three Arrows Capital plans to move headquarters from Singapore to Dubai and seek external financing for its new fund

Crypto venture capital firm Three Arrows Capital is moving its headquarters from Singapore to Dubai, UAE. According to insiders, Three Arrows Capital plans this move as the firm is establishing its first fund to raise capital from external investors.

As the regulatory environment in Singapore seems to have worsened, Three Arrows Capital is the latest crypto giant to focus on the Middle East. Three Arrows Capital declined to comment on the financing plans, but its co-founder Su Zhu confirmed the move to Dubai. He stated, "The energy in Dubai's digital asset industry is now electric, and we have decided to move Three Arrows Capital's headquarters to Dubai. I look forward to engaging with more tech startups." (Source link)

7. Telegram supports in-app purchases of Bitcoin and Toncoin

Telegram has supported in-app purchases of Bitcoin and Toncoin (TON), allowing users to send and receive TON within the app or purchase Bitcoin through the "@wallet" bot feature.

The TON Foundation stated on Thursday that the bot feature has been used by 800,000 Telegram accounts, aiming to make sending TON as easy as sending a text message. The foundation stated, "We expect this feature to expand to consumer-to-business payments so that people can easily obtain goods and services by sending Toncoin through the bot in the Telegram app."

Previously, the non-profit association TON Foundation, which includes participants in the TON blockchain ecosystem, stated that it has raised over $1 billion in donations from users to advance the development of its ecosystem. (Source link)

"What excellent articles are worth reading in the past 24 hours"

1. "A Quick Overview of the New Members of the Arbitrum Ecosystem"

In the context of the overall sluggish cryptocurrency market in recent months, the TVL of Layer 2 leader Arbitrum has grown against the trend. According to DefiLlama data, as of April 28, its TVL has increased by approximately 39.6% in the past three months.

Currently, Arbitrum accounts for about 56.3% of the total TVL of Layer 2, and it has been "active" recently, with approximately 13 new Dapps and protocols added to the entire ecosystem in the past month and a half, covering areas such as DeFi, NFTs, cross-chain, privacy, and wallets. This article will introduce the basic situation of the new members of the Arbitrum ecosystem one by one.

2. "Understanding the Web3 Social Media Protocol Lens Protocol: A Tool for Building Web3 Platforms"

Lens is "an open, composable Web3 social media protocol that allows anyone to create non-custodial social media profiles and build new social media applications." The protocol is mainly used to help developers build Web3 native social media. Any application built on Lens can expand the social graph and benefit all applications in the ecosystem.

Lens Protocol is not a platform but a set of tools for building platforms; developers can freely use this set of tools to build Web3 social platforms that meet their needs. The community has the freedom to develop the features users need and the platform interfaces they want to connect; each user can benefit from the entire ecosystem.