NGC Ventures Contributes to $500K Seed Round for Stablecoin-Based Ecosystem, xDai

Investment to usher in the next window of adoption for a global crypto payment landscape   Singapore—NGC Ventures, one of the world’s leading blockchain investment firms, has contributed to xDai, the stablecoin-based payment ecosystem’s $500,000 USD seed round. Notable contributors to the round also include B-Tech, a joint venture from BitMax.io and Focus Labs, as well as Bixin Invest, the blockchain-focused VC firm. The successful completion of the seed round will accelerate the development of the xDai Stable Chain, driving merchant adoption of the stablecoin-based protocol.   Commenting on the…

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ConsenSys-Built Panvala Launches Mainnet for Donor-Driven Platform

The Ethereum community can now help decide which projects receive funding through Panvala   Austin, TX –– Panvala, a decentralized foundation, built by ConsenSys, that helps fund the work the entire Ethereum community depends on through their donor-driven platform, launches its smart contracts on the Ethereum mainnet, during Berlin Blockchain Week’s DappCon event on August 22.   The Panvala fund, which has already awarded three batches of grants since its launch in 2018, runs on its own token, PAN, and every three months, PAN token grants are released to select…

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