morningstar

Morningstar Ventures published a statement on X regarding its investment in the prediction market project Space, indicating that the Space team must prioritize the interests of the community and public sale participants. In a recent X Space, the team publicly committed to opening refunds through a claim page on January 27, stating that at least 50% of the raised funds would be refunded, and all public sale participants could choose to apply for a partial refund. Morningstar Ventures demands that this process be executed transparently and without delay, and requires the team to disclose information on fund usage, current balances, and future roadmaps.Morningstar Ventures reiterates that it is not the lead investor in Space and has not participated in the architecture, decision-making, or modifications of the public sale, but rather acts as a minor investor engaging in high-level communication based on publicly available information. Currently, Morningstar Ventures is in discussions with the Space team and other investors, urging the team to refund as much as possible based on available funds and public commitments. Additionally, the Space team has committed to releasing the first public version of the product for community and investor review next week.

The leveraged prediction market Space on Solana has completed a $3 million seed round of financing, with investors including Morningstar Ventures and Arctic Digital. Additionally, Space has also received investment from the echo community.

ChainCatcher news, according to official sources, the Manta ecosystem L3 network Gull Network has announced the completion of a $1.6 million private funding round, led by Morningstar Ventures and Ozaru Ventures, with participation from GBV, MH Ventures, Banter Capital, Sky Vision Capital, Asteroid Capital, Andromeda Capital, Momentum 6, and others.It is reported that the new funding will be strategically used to accelerate product development, enhance network infrastructure, and expand the talent team. In addition, Gull Network plans to use this investment to promote partnerships, expand its ecosystem, and strengthen its marketing efforts.

ChainCatcher news, according to official reports, Morningstar Ventures announced an investment in the blockchain development company Coti to support the development of its ecosystem and L2 privacy solutions.

ChainCatcher news, the NFT platform Moove Protocol jointly launched by Two3 Labs and CowCow announced the completion of its seed round financing, led by Morningstar Ventures, with participation from ZBS Capital, Alpha Protocol Ventures, Let's Go Ventures, NXGen, Antiga Capital, and renowned angel investor Vijay Pravin Maharajan (bitsCrunch).

ChainCatcher news, the universal interoperability platform Axelar Network announced the launch of a $60 million startup ecosystem program, dedicated to accelerating the development of decentralized applications and protocols that can replace CEX, and promoting the development of Web3 applications to address global issues that the centralized internet cannot solve.The program is currently supported by over 15 blockchain investors, including Blockchange, Chorus One, Collab+Currency, Cygni, dao5, DCVC, Divergence Ventures, Dragonfly Capital, Lemniscap, Morningstar Ventures, Nima Capital, Node Capital, North Island Ventures, Rockaway Blockchain Fund, and SCB 10X. (source link)

ChainCatcher news, the interactive immersive digital art gallery 37xDubai announces the completion of over $5 million in funding, led by Dubai-based digital asset and blockchain investment firm Morningstar Ventures. The gallery is expected to officially open in the first quarter of 2023.37xDubai aims to be a bridge between art and technology, with its underlying modular technology supporting rapid updates of exhibited digital collectibles, bringing a new concept to the market focused on Web3 education, traditional art, digital art, entertainment, and community. (source link)

Chain Catcher news, the MMORPG game Age of Zalmoxis based on Elrond has completed its private funding round, with the amount undisclosed. This round was led by Morningstar Ventures, with participation from Egld.gg, dacorum.gg, Istari Vision, RR2, and SL2 Capital.Previously reported, on May 6, the public chain Elrond announced the establishment of the gaming guild egld.gg in partnership with its strategic partner Morningstar Ventures, aiming to promote the development of Elrond's ecosystem P2E games through the creation of gaming communities, investments, education, and scholarships (lending of in-game assets). (source link)