Mason raises $7.5 million from seed round to expand its no-token commerce engine • TechCrunch

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Welcome! It is Thursday! We’re all eagerly awaiting the latest release of “Will Elon Actually Buy Twitter or Will He Squirrel Out of It” – the miniseries of indeterminate length and countless twists and turns. Presumably we’ll learn more tomorrow, but who knows. Also what time is it? And if we leave Twitter in droves, where are we going to discuss all this drama?

It was our favorite little story today romanCover this adorable House plants that can be used as an air purifier.

Pilgrim is out tomorrow so a very happy weekend from him and Kristen will take care of all your crunchy needs tomorrow. Farewell! – Christine And the pilgrim

Top Tech Crunch 3

  • Ixnay on self-driving: Daryl she has It was With all the speculation and calling it: “Autonomous vehicles won’t really happen. Evidence for this has been mounting for years, if not decades, but now it tends to balance out where it is hard to ignore for a reasonable observer — even someone like me was once very optimistic about the prospects for driving.” subjectivity,” he writes. Daryl, we love you, and we hope you’re wrong more than ever.
  • Close the barn after the horse withdraws: We also have the latest news on Elon Musk after his popular Twitter video: Amanda He states in his open letter to Twitter advertisers that people are completely wrong about why he bought the social media giant, but also that Twitter cannot become “a free site for everyone.” Rebecca He writes that Musk says now 75% of Twitter employees will not be fired.
  • Avoid seller tax: jagmet He writes that sellers on Amazon must meet certain requirements to sell on the platform, but a startup called Mason is working to change that. The India and California startup has secured $7.5 million in new funding, led by Accel and Ideaspring Capital, to offer an Amazon-like selling experience but without an “Amazon tax” requirement.

Startups and VC

There is a lot of new money happening all at once, it seems. Christine reports that Streamlined Ventures, led by Ulas Naik, received $140 million in new capital commitments to its two newest funds. pilgrim reports that Human Impact Capital is a new $50 million fund Investing in social impact startups, and mike He notes that Paris-based VC Satgana has completed its first shutdown €30 million fund to support climate technology startups.

In the meantime, there were a host of massive rounds that led to the disgrace of the actual investment funds; It’s a strange world where you can’t read headline numbers to know if a company is collecting a round or closing a new fund. We collect a handful of them below.

5 tips for getting started in a crowded web3 game market

Scarlet ibis feeding among the laughing gulls;  web3 prominent crowd

Image credits: Chelsea Sampson (Opens in a new window) / Getty Images

Every online product requires some network influence, but games are unique: without big, loyal and enthusiastic customers, there is no way to create monetized products.

Play-to-earn (P2E) games are particularly susceptible to this problem, which is why “building a game that succeeds in the long run means developing monetization strategies that can weather the market tides,” says Cory Welton, co-founder and CEO of Mirai Labs, the game studio behind Pegaxy.

In this primer for P2E founders, Wilton shares suggestions for how to engage with investors, explains why tokens are not a reliable way to raise money, and discusses “the shift to monetizing Web 2.0.”

Three more from the TC+ team:

Tech Crunch + It is our membership program that helps founders and startup teams move forward with the package. You can register here. Use code “DC” to get 15% off annual subscription!

Big Tech Inc.

The New York Post had to do some deletions today after it was discovered that someone hacked both The newspaper’s website and Twitter accountAnd the zach reports. The headlines of the article in question were racist and sexually violent in nature, and the newspaper told TechCrunch that an employee was responsible for the incident, but did not go into further detail on how that conclusion was reached.

Also, our team took care of profits so you don’t have to. Rebecca take a look at Ford’s third-quarter earningswhich said it took a $2.7 billion hit related to Argo AI, which we reported yesterday was It is closed. Meanwhile, in Meta, Amanda write it Meta saw another drop in third-quarter revenue.

And now we have three more for you:

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