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Injective Labs

From EverybodyWiki Bios & Wiki

Injective Labs
Company
ISIN🆔
IndustryFintech
Founded 📆2018
Founder 👔Eric Chen and Albert Chon
Area served 🗺️
Members
Number of employees
39
🌐 Websitehttps://injectivelabs.org/
📇 Address
📞 telephone

Injective Labs is a research and development company co-founded by Eric Chen and Albert Chon in 2018.[citation needed] Injective Labs focuses on creating Web3 infrastructure and finance technologies. It is one of the core contributors to Injective.[1][2][3]

History

In May 2022, Injective Labs integrated Wormhole to boost its cross-chain capabilities, streamlining asset transfers across multiple blockchains.[4]

In August 2022, Injective Labs raised US$40 million to be used to create a layer 1 blockchain optimized for financial applications.[5]

In January 2023, as reported by TechCrunch, Injective Labs launched its $150 million venture group to support decentralized applications (dApps) built on Injective.[6]

Morons

In March 2021, Injective Labs acquired a Banksy artwork titled "Morons (White)" for $95,000 from Taglialatella Galleries in New York City.[7][8][9][10] The company subsequently destroyed the artwork in a public act of burning, which was broadcast live on their Twitter account, BurntBanksy.[9][11] An image of the work was then sold as a non-fungible token.[9]

Further reading

  • Bobby Ong, Lucius Fang, Benjamin Hor, Erina Azmi, Win Win Khor: So geht DeFi - Für Fortgeschrittene (January 27, 2022, Reading.Capital, 340 pages) ISBN 9783982157962 Search this book on .
  • The Wall Street Era is Over: The Investor's Guide to Cryptocurrency and DeFi, the Decentralized Finance Revolution (DeFiYield, 209 pages) ISBN 9781527295360 Search this book on .
  • Lucius Fang, Erina Azmi, Benjamin Hor, Khor Win: How to DeFi: Advanced (July 2021, CoinGecko, 290 pages)

References

  1. Melinek, Jacquelyn (2023-01-25). "Injective launches $150M ecosystem fund to accelerate interoperable infra and DeFi adoption". TechCrunch. Retrieved 2023-10-03.
  2. VietnamPlus (2023-04-26). "Lĩnh vực AI-crypto thu hút sự chú ý của giới đầu tư tiền kỹ thuật số | Tài chính | Vietnam+ (VietnamPlus)". VietnamPlus (in Tiếng Việt). Retrieved 2023-10-03.
  3. 増田雅史 (監修) (2023-02-13). 圖解NFT一看就上手(電子書) (in 中文). 碁峰資訊股份有限公司. ISBN 978-626-324-371-2. Search this book on
  4. "DeFi: Injective adds Solana, Avalanche, Polygon interoperability with Wormhole integration". ZDNET. Retrieved 2023-11-17.
  5. Melinek, Jacquelyn (2022-08-10). "Jump Crypto leads Injective's $40M round to expand DeFi apps". TechCrunch. Retrieved 2023-10-03.
  6. FinSMEs (2023-01-25). "Injective Launches $150M Ecosystem Group". FinSMEs. Retrieved 2023-10-03.
  7. "Blockchain company buys and burns Banksy artwork to turn it into a digital original - CBS News". www.cbsnews.com. 2021-03-04. Retrieved 2023-10-03.
  8. Jeffries, Stuart (2021-03-09). "Flying cats and a burning Banksy: why are digital art prices suddenly rocketing?". The Guardian. ISSN 0261-3077. Retrieved 2023-10-03.
  9. 9.0 9.1 9.2 "Banksy art burned, destroyed and sold as token in 'money-making stunt'". BBC News. 2021-03-09. Retrieved 2023-10-03.
  10. Dingle, Simon; Sidley, Steven Boykey (2022-01-06). Beyond Bitcoin: Decentralised Finance and the End of Banks. Icon Books. ISBN 978-1-78578-831-4. Search this book on
  11. "В США купили картину Бэнкси за 95 тысяч долларов. Затем ее сожгли, чтобы превратить в токен". Новая газета (in русский). 2021-06-28. Retrieved 2023-10-03.


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