Daylight, ‘onchain for you’ actions recommender, raises $6 million in seed funding

CN
Theblock
關注
4 小時前

Daylight, a crypto platform that recommends personalized on-chain actions for users, such as airdrop claims, has raised $6 million in a seed funding round.

Union Square Ventures (USV) led the round, with 1kx co-leading, Daylight said Tuesday. Other participants included Framework Ventures, Chapter One, Zerion co-founders Evgeny Yurtaev and Vadim Koleoshkin, Blockaid co-founders Ido Ben-Natan and Raz Niv and Yup co-founder Nir Kabessa.

As part of the deal, USV has joined Daylight's board, Daylight co-founder Kyle McCollom told The Block.

Daylight began raising funds for the seed round in June of this year and closed it the following month, McCollom said. The round was structured as equity priced with token warrants, McCollom said, declining to comment on Daylight's valuation.

The seed round brings Daylight's total funding to $9 million, having previously raised $3 million in a pre-seed round in November 2022.

Daylight is an "onchain for you" API integrated into major wallets like MetaMask, Coinbase Wallet, Zerion and OKX Wallet. It offers personalized transaction recommendations, including airdrop claims, NFT mints, gaming quests and more. McCollom said Daylight's goal is to help users discover on-chain activities tailored to their interests, ultimately increasing the number of transacting users and revenue for wallets.

McCollom and his co-founder Morley Zhi were previously directors of product and engineering, respectively, at Stellar, where they focused on building a wallet aimed at increasing transacting users and, in turn, boosting revenue. Realizing they needed something like Daylight to achieve this, McCollom said that experience led them to leave Stellar and start Daylight in 2022.

Daylight says its API currently drives 5% of its wallet partners' transacting addresses, with 6 million monthly active addresses receiving recommendations. The platform plans to scale this number to "tens of millions of monthly addresses."

Daylight also plans to add new transaction categories beyond mints, claims and quests. "We will be adding one big new category in Q4, to be announced soon," McCollom said, declining to disclose the new category.

Currently, there are 12 people working for New York-based Daylight, and McCollom is hiring three backend engineers. He also plans to add more moderators to review transaction submissions and related activities later.

The Funding newsletter: Stay updated on the latest crypto funding news and trends with my bimonthly newsletter, The Funding. It's free. Sign up here!

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

分享