PANews reported on January 29 that according to Fortune magazine, PayPal's venture capital department made a $5 million investment in Mesh, a digital asset startup. Notably, this investment was made through the PYUSDStable Coin launched by PayPal in August last year. PayPal Ventures added an additional $1.5 million in cash in addition to the PYUSDStable Coin investment. Mesh is a company founded by cybersecurity veterans that focuses on secure communications and Crypto Assets-based financial transactions. Described as the Plaid of the Crypto Assets world, Mesh aims to simplify the transfer of funds from exchanges to wallets to financial applications that support Crypto Assets. Mesh is currently generating more than $1 million a year and is not yet profitable, but according to the founders, it is feasible to make a profit.

Researchers at the University of Chicago, in collaboration with Snap Research, have launched an artificial intelligence method called 3D Paintbrush that automatically generates textures for local semantic areas on the mesh through text descriptions, as reported by Webmaster's House on November 27. This innovation allows users to control texture editing through intuitive, free-form text input, describing their edits for a variety of meshes. Using multi-layered perceptrons defined on a 3D surface, this method creates neural textures that produce smooth changes in 3D, reducing the noise of the texture, and having super-resolution capabilities.

Odaily Planet Daily News BAYC and street fashion brand BAPE co-branded BAPE® X BAYC series will be released at 09:00 Beijing time on November 4, the series will be on sale on ApeFest and shop.apefest.com exclusively for BAYC holders. The collection also includes a 'A Bored Ape' jacket, an adjustable mesh trucker hat, a bucket hat, a BAYC Curtis rug and a BAPE cushion, among others. After ApeFest, which will be accessible online for BAPETAVERSE members, the collection will be released globally in December on the BAPE STORE® and BAPE.COM.

3D/AR enterprise infrastructure provider Threedium completes $11 million Series A funding, led by Interpublic Group and Olma Partners, and Mesh Consensys, Reflexive Capital, Nirvana Family Office, Lyra Ventures, Edenbase and Kinisis Venture Fund I participated. Threedium said that this round of financing will be used to promote the advancement of spatial computing and online 3D content production, and deepen artificial intelligence research and development to further improve the efficiency of 3D models. Threedium offers a proprietary 3D and AR engine, Unlimited3D, that enables the creation of high-fidelity 3D assets on the web and mobile devices.

PANews News on October 18, according to CoinDesk, Web3 infrastructure building tool Spheron began the second phase of its roadmap with the main goal of addressing user experience, security and reliability issues, the company revealed that it had raised $7 million in a funding round in August 2022, with investors including Alphawave Ventures, NexusVP, Zee Prime Capital, Protocol Labs, ConsenSys Mesh, Paradigm Shift Capital, Matrix Partners India and Tykhe Ventures. Sandeep Nailwal, Aniket Jindal Julian Traversa, etc.

Mesh Raises $22 Million in Funding to Develop Tools for Digital Asset Transfers and Expand Operations Startup Mesh has raised $22 million in a Series A funding round led by Money Forward, bringing its total raised to $32 million. Mesh plans to use the funds to further develop its tools for digital asset transfers and go-to-market operations. The company aims to be the intermediary connection layer between non-traditional assets, providing users with the ability to access and move their money on their own terms.

According to the webmaster's home report on September 1, Nvidia (Nvidia) has launched a new way of using AI to generate 3D grids, FlexiCubes, which can generate 3D grids for a wide range of 3D applications. FlexiCubes can be integrated with physics engines and make it easy to create soft objects like bagels in 3D models. This innovative approach to mesh generation is expected to transform the AI pipeline, providing high-quality meshes for a variety of applications. This innovative approach to mesh generation has huge transformative potential in enabling AI pipelines and can deliver high-quality meshes for complex shape details.

Odaily Planet Daily News Network security company Hushmesh completed $5.2 million in financing, led by Paladin Capital Group and participated by Akamai Technologies. Hushmesh will use the financing to develop Mesh, a key management program designed to defend against malicious attacks and avoid data breaches. (Businesswire)

On August 3, Hushmesh, a key management digital infrastructure, announced the completion of US$5.2 million in financing, led by Paladin Capital Group and participated by Akamai Technologies. Hushmesh will use the funding to develop Mesh, a global information space with built-in automated security features that allow people and organizations to operate online without fear of malicious attacks or data breaches. Hushmesh supports key management services for individuals and organizational entities and unifies identifiers, aliases, keys, and encrypted data in an encrypted manner, which can solve the problem of losing all data when losing key access rights in the Web3 and blockchain fields, and reduce Risks of data breaches, identity theft, and impersonation fraud.

Odaily Planet Daily News Terminal 3, a Hong Kong-based decentralized user data infrastructure service provider, announced the completion of the Pre-Seed round of financing with oversubscription, 500 Global, CMCC Global, Consensys Mesh, Bixin Ventures, BlackPine, DWeb3, Hard Yaka , Bored Room Ventures, Mozaik Capital and others participated in the investment. The specific financing amount has not been disclosed yet. Terminal 3 aims to replace the centralized data storage model, and uses decentralized storage and zero-knowledge proofs to help companies solve user data compliance and security issues, allowing user data to be freely combined while maintaining complete privacy and security. (ChainWire)

Odaily Planet Daily News Cosmos ecological interoperability financial agreement Side Protocol parent company Side Labs completed a pre-seed round of financing of 1.5 million US dollars. This round of financing was funded by Hashkey Capital, KR1, Continue Capital, Symbolic Capital, Informal _s, Dora Ventures, Charles Lu, Harry Halpin, Eric Chen, Mirza Uddin, Siddhartha Dutta and Vincent Niu participated in the vote. The new funds will be used to expand its team and ensure compliance with legal and compliance standards, while building a mesh liquidity network that aims to eliminate bridges and intermediary tokens for cross-chain asset exchanges through a network of liquidity centers. (the block)

According to PANews news on July 21, according to The Block, Side Labs, the development company of Side Protocol, a cross-blockchain liquidity network, received $1.5 million in funding through SAFT financing. The tokens are valued at a total of $30 million. Participants include Hashkey Capital, KR1, Continue Capital, Symbolic Capital, Informal_s, Dora Ventures, Charles Lu, Harry Halpin, Eric Chen, Mirza Uddin, Siddhartha Dutta and Vincent Niu. Side Labs intends to use the funding to build the team, ensure legal compliance, and grow the mesh liquidity network. Side Labs intends to launch a private testnet within the next month, in addition to building a public testnet exploring user rewards, grid liquidity, staking and governance, and other features. The company aims to launch the first version of its mainnet within six months, followed by a V2 testnet that introduces zero-knowledge technology. Finally, Side Lab plans to launch a V2 mainnet with ZK technology next year, providing grid liquidity for L1 and L2 protocols.

Jinse Finance reported that Ethereum incubator ConsenSys Mesh announced on Thursday the latest financing plan for blockchain-supported projects: TachyonX. The winning proposal will receive a $150,000 investment from Mesh and a 4% stake in the project; selected founders will also have one-on-one access to a group of mentors who will help their projects jumpstart. In addition to requiring selected projects to hand over 4% of their equity to ConsenSys Mesh to participate in the program, these projects will also be required to grant token rights proportional to the incubator's internal token allocation.

Odaily Planet Daily News According to official news, the Element market opened the closed internal test of the Bitcoin Ordinals NFT market today. Users can apply and obtain internal test qualifications by filling out the registration form. Users who participate in and complete the internal test tasks can get generous gift packages, including ELE rewards, NFT airdrops, whitelists, Launchpad discount coupons, and more. This closed beta is supported by Bitcoin Apes, JOMO HIPPO, Mesh Beatles, Ordz Games and other projects, and users have the opportunity to get benefits such as airdrop NFT sent by these projects from the gift package. Element is the first community-driven multi-chain aggregated NFT trading market, providing users with high liquidity, low handling fees, powerful trading tools, and intelligent and instant data services.

Odaily Planet Daily News Decentralized wireless network Helium and Oxit partnered to create the Oxtech module, a product that connects Internet of Things (IoT) devices to decentralized wireless network Helium and Amazon Sidewalk. Amazon Sidewalk is a new low-power nationwide network that uses Amazon devices like Echo smart speakers to create a series of mini-mesh networks so they can better communicate over long distances. The Oxtech module aims to bring these two networks together for better connectivity to benefit the IoT industry. (Coindesk)

Odaily Planet Daily News Axelar, Akash Network, ATOM Accelerator DAO and other Cosmos projects led by Osmosis are funding the development of the new security model "mesh security". Mesh security allows the Cosmos chain to solidify the value of its validator staked tokens against security attacks. (The Block)