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🤯 New York Cares Using Web3 for Good

What The Heck Is Going On?

  • New York Cares Using Web3 for Good 👌

  • What The Fund? 💸🦄

  • What The Meme?

New York Cares 🧑‍🎓

The Stand with Students initiative, dedicated to supporting underprivileged youth, will feature digital pieces created by Open AI’s DALL-E.

Pretty cool if you ask me!

The initiative aims to help support local public schools that have faced disproportionate socio-economic struggles exacerbated by the COVID-19 pandemic.

“In Web3, there is a desire and an intent for people to show that the space has tremendous good in it. Doing something like this is the best example to highlight the good.”

- Keith Grossman, Time president and New York Cares board member

The collection will feature over 16,000 digital pieces created by Open AI’s DALL-E.

Each generated artwork is created using different Winston Churchill quotes that are interpreted in the style of 13 artists including Andy Warhol, Frida Kahlo and Jean-Michel Basquiat.

You can mint digital artworks that are priced at 0.05 ETH (about $65) each. The site will be open to the public on Friday at midnight ET, and will close Sunday at noon.

What The Fund? 💰💸

  • Uniswap Labs has successfully raised $165 million in a Series B funding round. Crypto-focused investment firm Polychain Capital led the funding initiative.

  • Horizon, the Web3 startup behind NFT game Skyweaver, just raised a $40 million Series A funding round. Video game publishers Ubisoft and Take-Two Interactive are among the notable backers.

  • The blockchain and NFT-focused video game studio Vulcan Forged has secured $8 million in Series A funding led by SkyBridge Capital.

  • NFT exchange marketplace NeoSwap raised $202,500 pre-seed round.

What The Meme?

That's all folks!

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.