News linked to both this project and an event.
Odaily Reports, qinbafrank posted on the X platform stating that KorProtocol announced the completion of a $7.5 million Series A funding round, co-led by 1kx and Blockchain Capital, at a post-money valuation of $100 million. Other participants include Republic, Animoca, Solana, Avalanche, and others. Through its three core engines — Verify, Route, and Settle — KOR transforms creative assets into on-chain assets that are verifiable, matchable, and automatically settled. The Verify engine allows creators to register their works on-chain, recording provenance, ownership, and licensing terms. The Route engine uses data and AI to match creators, assets, labels, brands, platforms, and agencies. The Settle engine enables instant automatic revenue sharing via smart contracts and USDC on the Base chain, supporting complex split rules and recurring income. KOR currently has over 1 million registered users, more than $2 million in revenue, over 285,000 NFTs, and over 1,000 IP partners, and has collaborated with deadmau5 and "Black Mirror." Following the funding, KOR will continue to expand its IP supply, deepen partnerships, and advance network expansion.
Seb Audet, CEO of DeFi portfolio tracker Zapper, announced that after nearly seven years of operation, the company has decided to fully shut down. All functions, including the website, mobile app, and API services, will officially go offline on August 3rd. Founded in 2019, Zapper was a mainstream portfolio tracking tool in the DeFi space, with features encompassing liquidity pool monitoring, yield farming tracking, DEX aggregation, and NFT support. At its peak, the project had 2 million monthly active users and processed over $13 billion in transaction volume. Zapper previously raised a $15 million Series A funding round led by Framework Ventures, with participation from investors including Mark Cuban. Seb Audet stated that after evaluating various options, the company believes an orderly shutdown is the best course of action at this time.
NFTfi, an NFT抵押借贷平台, officially announced on X that due to the shrinking NFT market resulting in potential revenue being insufficient to cover operational costs, it has decided to gradually shut down the project over the coming months.Starting today, the platform will no longer support initiating new loans. Existing loans can be refinanced until July 31. Borrowers can repay loans at any time before August 31, and all existing loans will be executed according to their original terms. NFTfi will cease operations and take down its frontend website on August 31, 2026. The smart contracts will continue to operate autonomously on-chain, and users can directly repay loans and claim collateral through the contracts thereafter. Before the shutdown, the official team will release detailed instructions for directly interacting with the smart contracts. The Discord channel will remain open during this period to provide support.