#1confirmation

[thecryptoreport]

Notional Launches Out of Stealth to Bring Fixed-Rate Lending to DeFi

Notional Launches Out of Stealth to Bring Fixed-Rate Lending to DeFi

Lending and borrowing rates on all the top decentralized finance (DeFi) platforms are dizzyingly variable.

Enter Notional, a new protocol that lets users lend and borrow crypto at fixed rates. After 10 months in stealth, the platform launches in beta on Ethereum today. The startup also announced Monday a $1.3 million funding round from a total of eight investors, including Coinbase Ventures,…

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[thecryptoreport]

1confirmation, Canaan Partners Back Startup Pushing New Spin on Airdrops

A startup offering a new twist on token airdrops has raised $2 million from a group of notable investors, CoinDesk has learned.

The investment in governance startup Commonwealth was led by 1confirmation, Canaan Partners and former Polychain partner Ryan Zurrer.

Commonwealth’s new distribution approach, called a “lockdrop,” looks to maintain the high levels of interestthat airdrops inspire, while…

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[thecryptoreport]

3 Under-the-Radar Product Trends for 2020

3 Under-the-Radar Product Trends for 2020

This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Richard Chen is a partner at 1confirmation, a seed-stage venture fund supporting crypto-native founders fueling the decentralization of the web and society.

Bitcoin dominance. The rise of DeFi. Libra. QuadrigaCX.

Crypto always has its fair share of…

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[thecryptoreport]

Crypto Venture Firm 1confirmation Announces New $45 Million Fund

Crypto Venture Firm 1confirmation Announces New $45 Million Fund

Venture capital firm 1confirmation is announcing a new, $45 million fund for investing in cryptocurrency startups.

Led by early Coinbase employee Nick Tomaino, the firm’s first fund, focused on seed rounds, amounted to $26 million.

“We wanted to start off relatively small, prove out the model and raise more capital if the model was working,” Tomaino told CoinDesk in an email. “The model is…

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