Episode 37｜Force Web3 Weekly Investment and Financing Events July7–14, 2022.

Gnosis Safe, which secured $100 million in funding this week, has been described as the most trusted digital asset management platform for Ethereum. With different solutions for teams and individuals, Gnosis Safe supports ETH, ERC20 (tokens) and ERC721 (collectibles).

For teams, if they need to completely customize how the company’s crypto assets are managed, there is an option to require a predefined number of signatures to confirm transactions. Multiple team members are required to confirm each transaction to execute, which helps prevent unauthorized access to the company’s cryptocurrency.

For individuals, if they want to completely customize how you manage their personal crypto assets, they can choose to require multiple devices to confirm transactions (hardware wallets, EOA-based wallets, paper wallets, or a combination of these). Transactions can be signed using different wallets, including mobile wallets, browser extensions, and hardware wallets. In addition to this, Gnosis Safe brings multi-signature security to DeFi, allowing users to invest, borrow and lend directly from Gnosis Safe. This is an advantage that hardware wallets or centralized exchanges cannot match. However, its development center is too dependent on the Ethereum ecosystem, which is also risky. In the cryptocurrency market, countless projects have become rivals of Ethereum, and the ultimate winner is still unknown.

Here are the Web3 Investment and Financing Events this week.

1.Project Name：Farcaster

Project Category：Decentralised social networking protocol

Project description: Farcaster, a “fully decentralised” protocol for building social networks. Users have a direct relationship with their audience, and developers are free to build new customers.

Financing round:Unknown

Amount of financing:30Million

Investors：led by a16z.

2.Project Name：Gnosis Safe

Project Category：Digital Asset Management Platform

Project description:Gnosis Safe is a popular cryptocurrency wallet that can be customized with smart contracts to be used by customers.

Financing round:Unknown

Amount of financing:100Million

Investors：Led by 1kx.

3.Project Name：Animoca Brands

Project Category：Web3 Games

Project description:Animoca Brands has invested in a number of blockchain games including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas and others.

Financing round:Unknown

Amount of financing:75.3Million

Investors：Liberty City Ventures,Kingsway Capital,Alpha Wave Ventures,10 T,SG Spring Limited Partnership Fund,Generation Highway Ltd and Cosmic Summit Investments Limited.

4.Project Name：Pulley

Project Category：Equity management company

Project description:Pulley promotes a new and modern approach to equity management for Web3 start-ups.

Financing round:B round

Amount of financing:40Million

Investors:Keith Rabois led the investment, with participation from Stripe, former Twitter VP Elad Gil and General Catalyst.