DeFi Daily | NFT game company Sandbox completes $93 million financing

DeFi data

1. The total market value of DeFi: $158.316 billion

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DeFi total market value data source: Coingecko

2. Transaction volume on decentralized exchanges in the past 24 hours: $4.8 billion

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Source of transaction volume data on decentralized exchanges in the past 24 hours: Debank

3. Total borrowings of DeFi lending platform: US$27.11 billion

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Data source of total borrowings on DeFi lending platform: Debank

4.1 Assets locked in DeFi: $115.8 billion

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The top ten rankings of locked assets in DeFi projects and the amount of locked positions, data source: Debank

4.2DeFi locked assets on the Ethereum chain: $86 billion

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The top ten rankings of DeFi locked assets on the Ethereum chain and the amount of locked positions, data source: Debank

4.3 DeFi locked assets on the BSC chain: USD 16.33 billion

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The top ten rankings of DeFi locked assets on the BSC chain and the amount of locked positions, data source: Debank

4.4 DeFi locked assets on the Polygon chain: US$3.78 billion

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The top ten rankings of DeFi locked assets on the Polygon chain and the amount of locked positions, data source: Debank

4.5 DeFi locked assets on the Avalanche chain: $5.43 billion

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The top ten ranking of DeFi locked assets on the Avalanche chain and the amount of locked positions, data source: Debank

DeFi hotspot

1. Sanctor Capital launched a $20 million fund to guide GameFi and DeFi projects

On November 2nd, Sanctor Capital, an investment company focused on blockchain, has raised US$20 million to fund emerging projects in the cryptocurrency field. Sanctor announced on Tuesday that the investment fund will be used to guide projects in some of the most popular areas of encryption, including DeFi, GameFi, and cross-chain infrastructure development. In addition to funding early-stage companies, Sanctor will also provide blockchain founders with guidance on how to launch and expand their products.

2. DeFi insurance agreement InsurAce launches DeFi insurance API integration service

On November 2nd news, DeFi insurance agreement InsurAce launched insurance API integration service. Developers can use this API to integrate insurance products and services provided by InsurAce, such as querying the price of various insurance products, project risk scores, purchase capacity and other details, and Insurance can be purchased directly through API calls. In addition, the API supports multiple integration methods such as UI, front-end JavaScript, and back-end Solidity smart contract calls. At the same time, the service integrator can also enjoy premium revenue sharing and provide users with insurance discounts. Currently, CoinGecko, Bright Union, Polka Cover, Staking Rewards, Ape Board, Anchor, Mirror and many other projects have integrated the service.

3. DeFi asset management platform Tranchess will open ETH pool deposit today

On November 2nd, DeFi asset management platform Tranchess plans to open ETH pool deposits at 22:00 on November 2nd, Beijing time. In the first to fourth weeks , the volume ratio between BTC and ETH will not be considered, and 5% (first week), 10% (second week), 15% (third week), 20% (fourth week) will be allocated to the ETH pool, and more details will be announced later.

4. DeFi agreement Alpaca Finance’s NFT Avatar series sales revenue reached 3.6 million US dollars in the first half of the year

On November 2nd, DeFi agreement Alpaca Finance announced that its NFT Avatar series sales revenue reached 3.6 million US dollars in the first half of the year. Alpies is a cross-chain NFT collection on Ethereum and BSC. It consists of a total of 10,000 NFT Avatars. The series consists of two sets of 5,000 alpies, sold in two parts, first on the Binance Smart Chain (BSC), and then on the Ethereum On the square, and can bridge between the two blockchains. Alpaca conducted the first half of the Alpies sales on BSC through Dutch auctions, with an average price of 1.42 BNB, and the auction generated a total of 3.6 million U.S. dollars worth of BNB. Alpaca has announced that the remaining 5,000 Alpies on Ethereum will be available for sale on the website at 2:00pm UTC on November 2nd (Tuesday).

5. Formation Fi, a cross-chain DeFi revenue aggregator, introduces stable cross-chain interaction to reduce transaction costs

On November 2nd, according to FormationFi official news, the cross-chain DeFi revenue aggregator FormationFi announced the introduction of stable cross-chain interaction to reduce transaction costs. It will launch the cross-chain exchange function of USDT and BUSD at 1 o’clock on November 9th, Beijing time. User transactions do not need to go through a centralized trading platform to enjoy frictionless transactions.

NFT hotspot

1. Data: In the past year, China was the country with the most searches for “NFT” on Google

On November 2nd, Google Trends data showed that China, Singapore and Hong Kong were the three countries or regions with the most “NFT” searches on Google in the past year, followed by Venezuela, the Philippines, Cyprus, Canada, New Zealand, Australia and America.

2. Data: The total amount of OpenSea transactions in the NFT market reaches US$10 billion

Golden Finance reports that according to the latest data from DappRader, the total amount of OpenSea transactions in the NFT market has reached 10 billion U.S. dollars (the number of traders is 612,347), setting a record high, ranking first in the NFT market in terms of transaction volume; Axie Infinity is ranked second. , The total transaction amount is 2.84 billion U.S. dollars (the number of traders is 959619); the third place is CryptoPunks , the total transaction value is 1.56 billion U.S. dollars (the number of traders is 5197)

3. Quentin Tarantino announced that the seven unedited scenes in “Pulp Fiction” will be auctioned as NFT

On November 2nd, Quentin Tarantino announced that seven unedited scenes from “Pulp Fiction” will be auctioned on OpenSea as NFT, which also includes the original movie Handwritten script and exclusive audio commentary by Tarantino himself. NFT is built on the Secret Network, a blockchain that prioritizes privacy, which means that the content is only visible to the owners of these NFTs.

4. The Sandbox NFT private island invested by the investment platform Republic is now worth 80 ETH

On November 2nd, according to information from the NFT market Rarible, the Sandbox NFT private island invested by the investment platform Republic is now worth 80 ETH.

5. NFT game company Sandbox completed US$93 million in financing, led by SoftBank Vision Fund 2

On November 2nd, Hong Kong’s NFT game company Sandbox announced the completion of US$93 million in financing, led by SoftBank’s Vision Fund 2. The company declined to disclose its valuation this round, but the market value of its supported cryptocurrency Sandbox coin is nearly $2 billion. The company currently owns approximately 22% of Sandbox coins.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/defi-daily-nft-game-company-sandbox-completes-93-million-financing/
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