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Irys Raises $10M Series A to Unlock $3 Trillion Data Economy With First Programmable Datachain

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CoinFund-Led Round Accelerates Institutional Adoption of Infrastructure For Datachains

Irys, the world’s first programmable datachain, today announced it has raised $10 million in Series A funding led by CoinFund, with participation from Hypersphere, Tykhe Ventures, Varrock Ventures, Breed VC, Echo Group, Amber Group, and WAGMI Ventures. The round brings Irys’s total funding to $20 million since 2024, demonstrating sustained investor confidence in programmable datachain infrastructure.

Irys is addressing a fundamental inefficiency in the global economy: the $3 trillion data market where virtually no one is able to capture value from the data they generate. By combining a high-performance data layer with a native smart contract execution layer, Irys enables data to carry embedded instructions for licensing, monetization, and access control – making it the first blockchain where data actively generates value for those who create it.

“The data economy has a massive infrastructure problem,” said Josh Benaron, CEO and Founder of Irys. “AI companies scrape trillions of dollars worth of content while creators see nothing. Enterprises sit on valuable datasets they can’t monetize. We’re building the infrastructure that finally allows data creators to capture the value they generate, turning data that historically is stored statically, into programmable economic assets.”

The round builds on significant traction with over 80 strategic partners focused on AI use cases, 600 million+ data transactions processed on the network, and 4 million+ active wallets engaging daily on the network. The platform’s infinite data capacity and predictable pricing model – anchored to physical storage costs rather than volatile token markets – has attracted institutional partners, including revenue-generating companies with proven business models. The funding will also accelerate infrastructure expansion, strategic partnerships, team growth, and institutional adoption of datachain technology ahead of Irys’s upcoming mainnet launch.

“Irys represents the infrastructure layer for the AI economy,” said Einar Braathen, Partner at CoinFund. “Where traditional approaches require piecing together multiple solutions, Irys has created unified infrastructure that makes data programmable. This is the AWS moment for onchain data.”

Irys’s approach is already generating significant institutional interest, with partners whose combined businesses represent hundreds of millions in revenue choosing the platform for critical infrastructure needs. This institutional adoption is driven by Irys’s technical advantages: unlike first-generation datachains that only provide static storage, Irys’s programmable data architecture enables smart contracts to read, modify, and act on stored data natively. This breakthrough allows for automated licensing agreements, verifiable AI training processes, and programmable intellectual property rights – capabilities impossible on existing blockchain infrastructure. Furthermore, Irys dramatically simplifies implementation—developers can get started in hours using familiar EVM-compatible tools, directly addressing the pain point found in legacy alternatives where integration can take months.

“This funding validates what our community has recognized: infrastructure that handles real revenue from real companies deserves serious institutional attention,” added Benaron. “We’re not waiting for adoption – we’re capturing it through partnerships that convert every enterprise data problem into permanent network volume that compounds over time.”

With over 500,000 community members across channels in over eight countries and partners that collectively generate hundreds of millions in revenue, choosing the platform for critical infrastructure needs, Irys is positioned to capture significant market share as the AI economy demands more sophisticated data infrastructure.

About Irys

Irys is the world’s first programmable datachain, combining verifiable data with native smart contract execution to create a foundation that’s optimized for storing, discovering, and monetizing data at any scale. With over 80 strategic partners, 600 million+ transactions processed, and 4 million+ daily active wallets, Irys aims to be the infrastructure that will one day contain all of humanity’s most critical information. Learn more at https://irys.xyz

About CoinFund

CoinFund is a blockchain investment firm focused on early-stage projects building foundational infrastructure for the decentralized economy. With a portfolio spanning DeFi, infrastructure, and Web3 applications, CoinFund partners with visionary teams creating the next generation of blockchain technology.

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ADA Eyes $1, Monero Pumps on Miner Shift, Meanwhile BlockDAG Sells 25B Coins and Powers Toward Mainnet 

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Price moves can often say more than announcements. Cardano is holding steady within a narrow range, hinting at a breakout, while Monero saw a sharp price jump after miners countered a centralization threat. Both reflect reactive momentum. BlockDAG, on the other hand, is gaining ground through a planned sequence of execution. 

With $380 million raised, over 25 billion coins sold, and a live Testnet, its roadmap toward a 2025 Mainnet stands on completed milestones, not speculation. For investors weighing the top crypto to buy right now, BlockDAG offers a case where progress isn’t promised later, it’s already being shown. 

From Testnet to Mainnet: How BlockDAG’s Presale Fuels a 2025 Launch

BlockDAG isn’t just promising a mainnet; rather, it’s building toward it with visible, measurable progress. To start, with its Beta Testnet already live, BlockDAG is rolling out a structured roadmap that leads to its 2025 Mainnet launch. 

This roadmap is not built on vague assumptions but instead on real-time execution. Specifically, from the $380 million already raised through its presale to the steady release of ecosystem tools and staking utilities, every milestone is contributing directly to its development momentum.

At present, in batch 29, BlockDAG’s presale has seen over 25 billion coins sold, and the token is priced at $0.0276, a dramatic increase from its initial offering, reflecting a 2,660% ROI since batch 1. The funding isn’t just a figure; rather, it’s the foundation supporting ecosystem growth, technical development, and a thriving community. Furthermore, BlockDAG’s developer Hackathon, BlockDAG Academy, and community staking incentives are all scheduled ahead of the mainnet deployment, ensuring the system is stress-tested and well-supported.

What’s more, what sets BlockDAG apart is its transparency and traction. While other projects might overpromise and underdeliver, BlockDAG has aligned investor capital with actual releases, from ASIC miner shipments to its Tap-to-Earn and X1 apps. This isn’t speculative hype. Instead, it’s a system scaling in real-time.

Ultimately, for those scouting the top crypto to buy right now, BlockDAG’s presale-backed trajectory offers not just upside, but clarity on how and when that upside may materialize. The countdown to mainnet is on, and BlockDAG’s steps are already in motion.

Cardano Price Direction: Today’s Forecast and Key Levels to Watch

Today’s Cardano ADA price forecast centers on a tight trading range between $0.91 and $0.98, shaped by a symmetrical triangle pattern that’s nearing resolution. If confirmed, a breakout above $0.95 has the potential to push ADA toward $0.98 and $1.02, though resistance remains firm. Conversely, if support at $0.91 fails to hold, the price may test lower levels near $0.89 and $0.85, where stronger demand could provide a buffer. 

Currently, momentum indicators suggest mixed signals: while broader trend signals remain mildly positive, intraday tools like the parabolic SAR lean bearish. Therefore, traders should carefully monitor the $0.95 resistance and $0.91 support as pivotal levels for the next directional move in Cardano ADA price forecast.

Monero Price Jump Follows Hashrate Shake-Up and Miner Response

Monero has just seen a noticeable shift, with the Monero XMR price jump tied closely to recent hashrate disruption. Specifically, when Qubic’s mining share exceeded 51%, concerns over centralization triggered rapid community action.

In response, independent miners reallocated power, quickly reducing Qubic’s dominance to 35%, which stabilized network trust. As a result, this realignment had a direct market impact, pushing Monero’s price up by more than 5% in a single day.

Meanwhile, Kraken, which had suspended Monero deposits due to the hashrate imbalance, re-enabled them with tighter confirmation requirements, adding a layer of reassurance to holders. The price movement wasn’t just a reaction; rather, it was a signal that the network’s security model could withstand stress without centralized intervention. 

Execution Over Hype: BlockDAG’s Strategy Stands Out in 2025

Short-term price action may capture headlines, but sustained progress often comes from long-term planning. Cardano’s technical setup and Monero’s network response each offer unique cases of momentum driven by community and structure. 

Still, BlockDAG’s progress points to a more deliberate path forward. With a testnet already live, presale milestones met, and a mainnet launch mapped out for 2025, it represents a project delivering on timelines rather than speculating on potential. 

For those looking beyond short-term signals, BlockDAG’s presale-backed strategy offers a reason to watch closely. Sometimes, steady execution delivers what sudden spikes only suggest.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu 

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Spectrum: A Global RPC Infrastructure Serving 175+ Blockchain Networks

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The growth of Web3 has created an ever-expanding network of blockchains, each with its own infrastructure requirements. Reliable and performant Remote Procedure Call (RPC) services are essential for developers, exchanges, wallets, and dApps to operate without interruption. Spectrum, the RPC provider behind spectrumnodes.com, has positioned itself as a key player in this space, delivering high-availability blockchain connectivity through a distributed network of bare metal servers.

Bare Metal, Globally Distributed

Unlike cloud-hosted solutions that can be subject to single points of failure or vendor lock-in, Spectrum operates load-balanced, self-hosted bare metal infrastructure strategically placed across continents. This approach minimizes latency, increases throughput, and provides enhanced control over the full hardware stack. For blockchain ecosystems that demand low-latency transaction broadcasting and high query performance, this architecture can offer meaningful advantages.

Supporting 175+ Blockchains

Spectrum currently supports 175+ production-ready blockchain networks, spanning EVM-compatible chains, Layer 1 and Layer 2 solutions, privacy-focused chains, and specialized networks. This breadth of coverage allows developers to integrate multi-chain capabilities without managing multiple infrastructure providers.

In addition to RPC endpoints, Spectrum’s architecture also accommodates data indexing and transformation services, enabling projects to query historical transactions, perform analytics, and build data-rich applications.

High-Volume, High-Reliability Service

Handling over a billion daily RPC requests, Spectrum’s load balancing ensures requests are routed to optimal nodes for both speed and redundancy. This capability is especially important for dApps and services experiencing high user activity or requiring consistent uptime during network congestion.

Developer-Focused Approach

Spectrum’s infrastructure is designed for scalability, offering multi-chain RPC endpoints and developer-friendly APIs. By removing the operational burden of node management, it enables teams to focus on product development rather than infrastructure maintenance.

Positioning in the Web3 Stack

As the blockchain ecosystem evolves, RPC providers like Spectrum serve as a foundational layer for interoperability and accessibility. Reliable RPC infrastructure ensures that applications can read from and write to multiple blockchains efficiently, supporting everything from DeFi protocols to NFT marketplaces, AI-integrated dApps, and institutional applications.

With its focus on performance, decentralization at the infrastructure level, and broad network coverage, Spectrum demonstrates how specialized RPC infrastructure can help sustain and scale the Web3 ecosystem.

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High ARPU, Zero Pre-Mine: DropD platform offers Web3’s Ethical Take on Love & Loyalty

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In the ever-expanding universe of decentralized platforms, DropD Network is pioneering a Web3-native revolution — this time, in the world of dating, commitment, and social bonding. Bridging the emotional economy with tokenomics, DropD introduces a commitment-first model of digital matchmaking powered by blockchain, smart contracts, and a unique crypto token: DRPD.

At its core, DropD is not another swipe-based dating app. It is a social commitment protocol engineered to solve one of the oldest human challenges — forging trustworthy, duration-committed relationships — through transparent algorithms, verifiable identity layers, and tokenized trust mechanisms.

Introducing ROCCA — The World’s First Commitment Bond on Blockchain

The flagship innovation at the heart of DropD is ROCCA (Relationship Outcome of Committed Couple Agreement) — a six-month smart contract governed by DRPD tokens and deployed on Polygon PoS. ROCCA allows users to stake tokens on a mutual relationship, with predefined exit and fulfilment conditions. If successful, both parties benefit emotionally and economically; if not, the smart contract enforces a fair split of staked value. So, it is a relationship economy network too.

By targeting the massive gap between casual dating apps and traditional matrimonial platforms, DropD positions itself as the Web3 solution for a modern relationship culture that values flexibility without flakiness, and sincerity without bureaucracy.

A Thick-Market Dating Layer for the Token Economy

DropD combines high-scale social networking with granular, transparent matchmaking by introducing:

  • Pseudonymous but verifiable profiles (with ZKTLS service from Reclaim Protocol and KYC support)
  • Token-based match viewing and gifting mechanisms
  • Defined matchmaking zones (Love Grounds, OMC for non-monogamous options and SILA for seniors)
  • A better-than-free business model where top contributors can earn tokens, not just spend them

This design has resulted in zero-fragmentation across age or intent groups — a problem that plagues most Web2 dating platforms.

Circular Token Economy with Real Utility

With a maximum supply of 2 billion DRPD tokens and zero pre-mining, DropD has built a closed-loop token economy where:

  • Zero pre-mine means no pump-and-dump game is possible.
  • All founders and investors get revenue share only
  • New users mint tokens and generate revenue for the platform too
  • Revenue comes through five core channels: subscriptions, match views, ROCCA gifts, club creation, and provee feature (via ZKP)
  • 36% of monthly revenue is redistributed to active users, increasing retention and incentivizing quality interactions

The average revenue per user (ARPU) as of 5th Aug is $2.40 with over 72% of tokens held by users — a key marker of decentralization and user-centric distribution.

Growth Metrics & Roadmap

Since its public alpha launch, DropD has achieved:

  • 28,035 users
  • Over 130,000 swipes and 44,000 Likes
  • 492 ROCCA contracts initiated, and 64 successfully deployed
  • 354 clubs created with 11,000 plus join requests
  • An actively circulating token pool exceeding 28 million DRPD

The beta launch is slated within a few weeks, either at crossing over 50,0000 users or on 1st October, 2025 whichever is earlier. A dual-round funding plan with clearly mapped DevOps, community, and social media allocations is now underway.

A Human Network, Reimagined by Blockchain

In a world where digital intimacy is either commodified or clumsily handled, DropD offers an ethical, engaging, and economically sustainable alternative. Its design turns human connection into a verifiable, token-driven network, positioning it as the first Web3-native solution for emotional economies.

For investors, DropD represents a high-retention, high-ARPU opportunity in a market that has yet to be effectively disrupted by crypto.

For users, it offers a platform where relationships are no longer data points — they’re assets.

📍 Website: https://dropd.network
📍 Live App: https://dropd.me
📍 Explorer: Polygonscan Token Contract

For media inquiries, partnership opportunities, or investment discussions, please contact:
📧 info@dropd.network

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