THELOGICALINDIAN - The Web3 analytics belvedere Dune Analytics has appear it has bankrupt a 694 actor Series B fundraise led by Coatue The firms latest fundraise follows the companys Series A aftermost August back Dune Analytics aloft 8 actor With the Series A and B accumulated the close has been propelled to unicorn cachet with a postmoney appraisal of 1 billion
Dune Analytics Secures $69.4 Million in Series B Financing Round, Plans to Offer Financial Compensation to Contributors
On Wednesday, the decentralized accounts (defi), non-fungible badge (NFT), and Web3 analytics belvedere Dune Analytics appear the aggregation has aloft $69.4 actor in a Series B led by Coatue. Dune Analytics added abundant that Multicoin Capital and Dragonfly Capital alternate in the Series B fundraise as well. Dune Analytics is a community-based analytics belvedere that allows users to admission Web3 abstracts and clarify it into acceptable charts, graphs, and allusive metrics.
Dune Analytics says the new funds will advice bolster basement but additionally advice hone a abstraction that offers banking incentives. “Dune will advantage the funds to actualize an basement that distributes banking rewards for user-generated content, alluring and incentivizing assurance from up to one actor new web3 analysts, accepted as Dune Wizards, aural the community,” the company’s advertisement notes. The analytics firm’s advertisement adds:
Venture Capital Flocks to Crypto Analytics Providers — Dune Analytics Co-Founder Says Crypto Ecosystem Data Is Extremely Valuable
Analytics platforms accept done actual able-bodied over the aftermost 12 months and a countless of blockchain and crypto-related analytics companies accept aloft millions of dollars in financing. The NFT abstracts and analytics belvedere Cryptoslam raised $9 actor during the aboriginal anniversary of January. The crypto analytics business Coin Metric secured $15 actor in May 2021 and the analytics provider Messari raised $21 actor in August 2021.
Currently, Dune Analytics offers abstracts queries for bristles blockchains including Ethereum, Binance Acute Chain, Xdai, Polygon, and Optimism. The aggregation said it affairs to “incorporate all Layer-1 and Layer-2 acute arrangement platforms.” Dune Analytics co-founder and CTO, Mats Olsen said that the abstracts in the crypto ecosystem is “extremely valuable” and the close hopes to addition the platform’s achievement this year.
“Ever-increasing amounts of basic flows through the crypto ecosystem, in about-face bearing acutely admired data. The Dune association is extracting ability from this abstracts at scale. Dune will accommodate the all-important accoutrement so that users of all accomplishment levels will be able to conduct added thoughtful, impactful assay and accretion added acumen into the ever-evolving apple of Web3,” Olsen remarked in a account beatific to Bitcoin.com News.
What do you anticipate about Dune Analytics adopting $69.4 actor from investors? Let us apperceive what you anticipate about this accountable in the comments area below.
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