Protocol Village: Privado ID, BlockJoy, Superstate, Phylax Systems, Mawari Network, Coinbase, Base, Soulbound, Termina, Nitro Labs, Deep Blue, Arbitrum, Ika, Sui, OKX Ventures, TOP, Folius Ventures, TON, Telegram, Nebra, Truflation, ALEX, XLink, NEAR, Eth

In today's issue: Privado ID, BlockJoy, Superstate, Phylax Systems, Mawari Network, Coinbase, Base, Soulbound, Termina, Nitro Labs, Deep Blue, Arbitrum, Ika, Sui, OKX Ventures, TOP, Folius Ventures, TON, Telegram, Nebra, Truflation, ALEX, XLink, NEAR, EtherMail, Unstoppable Domains.

BlockJoy's Introduces 'BlockVisor 2.0,' a Bespoke Solution for Blockchain Node Operators

BlockJoy, a Web3 infrastructure company, introduced BlockVisor 2.0, a "bespoke solution for blockchain node operators, eliminating the need for costly cloud infrastructure," according to the team: "Operators can manage dedicated nodes on bare-metal servers without metered egress fees or virtualized latency. Users save up to 80% over AWS using BlockJoy’s tools to increase throughput while lowering operating costs. This version offers a fully Web3-specific toolset eliminating poorly fitting Web2 tools. BlockVisor 2.0 supports 30 protocols, including Ethereum, Polygon, and Solana."

Privado ID Launches 'Multi-chain, Device-Agnostic Identity Attestation Protocol,' Claiming Industry First

Privado ID (formerly Polygon ID), a privacy-focused digital identity platform, announced the launch of a "multi-chain, device-agnostic identity attestation protocol that allows people to seamlessly verify their credentials across multiple EVM-compatible blockchains," an achievement it describes as an "industry first." Evin McMullen, co-founder and chief strategy officer, said in a press release: "This protocol is the currently missing middleware infrastructure that mainstream Web3 ecosystems need to drive value continuously from the infrastructure toward the application layer.” According to the release: "At launch, Privado’s universal verifier is already deployed by such prominent blockchain ecosystems as Linea, Polygon PoS, Polygon zkEVM, and Ethereum, with more EVM and non-EVM networks scheduled for deployment in the coming months. Privado ID is also actively collaborating with blockchain ecosystems, protocols and enterprises and government entities to continue expanding the ecosystem of compatible platforms in the future. The new protocol introduces cross-chain compatibility, allowing users to verify their identity once and use it across any supported blockchain. These unified digital credentials, which can unlock access or capabilities for users used across multiple decentralized ecosystems and devices, offer a technically resilient form of identity compatible with legacy institutions like banks and governments."

Glow, Solar Acceleration Protocol, Discloses $30M in Investments Led by Framework, Union Square

Glow, describing itself as a "solar acceleration protocol decentralizing the electric grid," disclosed that it has secured a total of $30 million in investments led by Framework Ventures and Union Square Ventures (USV). According to the team: "Framework Ventures and USV co-led a $6.5 million raise and $23.5 million solar investment that will support the expansion of utility scale solar farms on Glow, commencing immediately in India." A press release stated:

Robert Leshner's Superstaate Introduces 'First-Ever Continuous Pricing Feature' for USTB Fund

Superstate, the crypto fund project led by Compound founder Robert Leshner, has introduced the "first-ever continuous pricing feature for its USTB fund, offering 24/7 Net Asset Value per share (NAV/S) updates, even during non-market hours," according to the team: "This upgrade allows investors to earn instant interest, eliminating delays seen in traditional fund management. As the first of its kind for any tokenized fund, it sets the foundation for future innovations, including atomic minting and redemptions (coming soon for USTB), enabling near-instant settlements, further enhancing liquidity management and investment precision."

Phylax Systems, Developer of 'Credible Layer' for Protocol Security, Raises $4.5M

Phylax Systems, a pioneering blockchain security startup born from the aftermath of one of DeFi's largest hacks, has successfully closed a $4.5 million pre-seed funding round to revolutionize blockchain security through its innovative Credible Layer protocol. The pre-seed round was led by Nascent Capital and Figment Capital, with additional support from Robot, Hash3, Bankless, BreedVC, and Public Works. A roster of prominent angel investors also participated, including Nic Carter, Nader Dabit and Eric Wall.

Mawari Network, DePIN for Spatial Computing, Plans Node Sale

Mawari Network, describing itself as a DePIN for spatial computing, announced a limited node license sale for its spatial computing DePIN. According to the team: "The node sale will make Mawari’s 3D streaming technology more scalable and accessible for content creators and developers. Mawari’s infrastructure is optimized for the demanding needs of immersive experiences, comprising the Spatial Streaming SDK and the Mawari Network. The SDK, supporting Unity and Unreal engines, empowers developers to create seamless, immersive experiences. The Mawari Network, working in parallel, leverages a decentralized network of GPU nodes to ensure low latency and optimal performance.

Axal, Network for Verifiable AI Agents, Emerges From Stealth With $2.5M in Pre-Seed Funding

Axal, a network for verifiable automous agents, is emerging from stealth with $2.5M in pre-seed funding to launch Axal Autop