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braavos – RE3W.IO https://re3w.io Web 3 Gaming News Tue, 01 Nov 2022 19:30:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://re3w.io/wp-content/uploads/2022/06/cropped-6257123555f2839a6f5124cd_re3w-p-500-32x32.png braavos – RE3W.IO https://re3w.io 32 32 Braavos Announced $10M Raise Led By Pantera Capital https://re3w.io/2022/11/01/braavos-announced-10m-raise-led-by-pantera-capital/ https://re3w.io/2022/11/01/braavos-announced-10m-raise-led-by-pantera-capital/#respond Tue, 01 Nov 2022 19:30:45 +0000 https://re3w.io/?p=1982 Braavos announces raise of $10 million led by crypto-focused investment giant Pantera Capital. Other investors in the round included Road Capital, BH Digital, DCVC, Crypto.com, Matrixport, and StarkNet creator Starkware. Motty Lavie is the Braavos CEO, he co-founded the startup with Abraham Makovetsky and Yoav Gaziel.

The Tel Aviv, Isreal-based firm was founded earlier this year. Braavos aims to offer self-custody in a more “user-friendly” way. They have built its “all-in-one crypto solution” on StarkNet, a layer 2 blockchain addressing the scalability issues of Ethereum using a technology called zero-knowledge (zk) rollups that improve transaction speeds and fees.

Available as a web browser and mobile app for iOS and Android devices, Braavos combines the traditional asset storage and transfer options of a self-custody wallet with a built-in crypto exchange, access to decentralized applications, and a Transaction Explainer that can help new crypto traders understand and review transactions.

The near-term roadmap apparently includes the launch of a “forgot password” feature that aims to eliminate the reliance on complex seed phrases, multi-factor authentication for additional security and integrated decentralized finance (DeFi) capabilities to help users easily earn yield from within the wallet.

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