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foundation capital – RE3W.IO https://re3w.io Web 3 Gaming News Wed, 07 Sep 2022 19:45:00 +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 foundation capital – RE3W.IO https://re3w.io 32 32 Backed By Foundation Capital, Metaplex, and Solana Ventures Dust Labs Raised $7 Million In Funding Round https://re3w.io/2022/09/07/backed-by-foundation-capital-metaplex-and-solana-ventures-dust-labs-raised-7-million-in-funding-round/ https://re3w.io/2022/09/07/backed-by-foundation-capital-metaplex-and-solana-ventures-dust-labs-raised-7-million-in-funding-round/#respond Wed, 07 Sep 2022 19:44:58 +0000 http://re3w.io/?p=1427 Non-fungible token (NFT) software company Dust Labs has raised a $7 million funding round, announced during the Solana-based y00ts NFT minting. Participants in the round include Foundation Capital, Solana Ventures, Metaplex, Jump, FTX Ventures, and Chapter One. 

Dust Labs says they are building software to help NFT communities bring more value to their holders. $DUST is a utility token on Solana dubbed as the official currency of the DeGods ecosystem. DeGods is known for its popular eponymous PFP, which is the one of highest valued collections in the Solana NFT world – at the time of reporting.

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