GM 👋 this is Seedphrase, TGIF you know the rest.

📓 Today’s Agenda:

• 📉 Crypto Headlines

• 💎 Magic Eden Diamonds Rewards Program

• 💰 Funding Rounds

• 🖼️ NFT Stories

💎 SHINE LIKE A DIAMOND

Not sure if this is what Rihanna meant by “shine like a diamond,” but we take what we can get.

Magic Eden has announced Diamonds, the newest iteration of their rewards system. Starting today, every time you sell an NFT and bids are accepted, you will earn diamonds.

NFT MFers going to start proposing to their girls with Magic Eden Diamonds. Just wait. So, you’re probably wondering what can you get for this virtual purple rock?

The more diamonds you have, the more of a chance you have to receive:

• Whitelists

• Launchpad Access

• Future free discounts

Magic Eden has really stepped up their game over the last few months. It's obvious they are not going down without a fight and plan on hanging with the big dogs.

Currently, Magic Eden is the only NFT marketplace where you can buy SOL, ETH (soon), MATIC, and BTC NFTs, and they are likely not going to stop there. This is great for exposure.

If things continue as they are, there is a good chance these Diamonds could bring some killer opportunities. For what specifically is yet to be seen. However, as the saying goes, time in the market always beats timing the market!

Just don’t look at your portfolio when you tell yourself that, though.

💰 FRIDAY FUNDING

• Ledger Raises $109M in its recent Series C extension fundraising round. The company has stated that the recent collapse of FTX and regulatory uncertainty has caused an influx in attention from digital asset holders - Learn more
  

• Fetch.ia Raised $40M in a recent funding round led by DWF Labs. Fetch will use the investment to deploy decentralized machine learning, autonomous agents and network infrastructure on its platform - Learn more
  

• Aptos-Based Econia Labs Raises $6,5M in a funding round led by Dragonfly. The company will use the funds to expand its team, support community initiatives, and help onboard developers to both the Aptos and Econia ecosystems - Learn more
  

• Hydra Ventures Raises $10M to invest in other investment-focused DAOs. Hydra Ventures describes itself as a "fund of funds" aimed at pooling investment for other investment DAOs that are looking to raise capital - Learn more
  

• EigenLayer Raises $50M in a funding round led by Blockchain Capital. EigenLabs prepares to launch the initial version of its EigenLayer protocol - Learn more
  

• Conduit Raises $7M in a funding round led by Paradigm. The new capital will help Conduit continue its first product launch and continue toward its goal of achieving profitability - Learn More

🖼️ NFT STORIES

• y00ts NFT has successfully bridged to the polygon network, the first full collection bridge in the history of NFTs. Within the first 24 hours, over 80% of the circulating supply was successfully bridged - Learn more
  

• Yuga Labs has announced its partnership with luxury & lifestyle brand Gucci. This partnership is said to involve both metaverse and physical benefits - Learn more
  

• Pudgy Penguins has announced a new utility for The Pudgy Rods. Going forward, The Rods will serve as a multiplier in the Pudgy ecosystem for select on-chain drops, licensing deals, or claims - Learn more
  

• OthersideMeta announces Legends of the Mara, a 2D gaming experience with its own companion collection. The experience takes place where the Otherside's second trip left off and marks the beginning of the Kodas storyline. - Learn more
  

• Disney releases its 50-person metaverse unit amid a 7,000-person company-wide layoff. The metaverse unit’s release was likely due to the slower-then-expected development of metaverse platforms  Learn More
  

• Magic Eden announces Ethereum Genesis, their upcoming Ethereum marketplace beta. This makes Magic Eden the only marketplace where you can mint, collect & sell NFTs across Solana, Polygon, Bitcoin & ETH- Learn More
  

• DeGods announce its Ethereum migration is confirmed for today, March 31st. In addition, DeGods has partnered up with Blur as its recommended marketplace experience on Ethereum - Learn more
  

• Doodles Genesis Box opening is right around the corner. Within each box, there will be two Doodles wearables and a beta pass to Doodles 2 - Learn more

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.