Rated Labs raised $12.9 million in Series A funds with the hope of expanding into Layer 2 networks. What Happened: Crypto venture firm Archetype led the fundraising effort, which included other seed investors, The Block reported.
Ethereum network revenue surged to $10 billion in seven years, but the network’s decentralization has come down to only four relayers. This poses a threat to the platform’s functioning.
Cryptocurrency for Newbies: What Crypto Is, Types Available, and Other Terms You Should Know techtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techtimes.com Daily Mail and Mail on Sunday newspapers.
6 April 2021, 6:28 am EDT By British Stock Trading App Freetrade Early Crowdfunders Have Stakes Worth at Least $1.3 Million Each ( Screenshot From Invest The Market YouTube )
Crowdfunding is something that most startup companies do to raise capital that they do not have. Instead of loaning the capital, which could incur losses, some companies sell shares to early investors in hopes of raising enough capital to build their ideal company. Early crowdfunders that are lucky usually end up making a huge profit if the company they invest in flourishes.
Investing in Startups
While there might be thousands to millions of different startups all promising an amazing technology, product, or service that could change the world, it is hard to pinpoint which ones really make it in the end. One of these success stories is Freetrade, a British stock trading app.
'Ethereum vs. Bitcoin:' Ethereum Reaches $2,000 All Time High Record; Bitcoin Expects to Hit $80,000 by End of April techtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techtimes.com Daily Mail and Mail on Sunday newspapers.