Connect with us

World News

EdgeIn hopes to be a faster, community-driven, ‘CrunchBase for Web3’ on August 4, 2023 at 11:49 am

Published

on

As we saw with the collapse of FTX, the Web3 space leaves a lot to be desired in terms of transparent information about companies, fundings, management and a slew of other data that really is commonplace and ‘de rigueur’ in the ‘normal’ tech industry. And there are far too many so-called ‘Web3 analyst’ houses that are borderline conflicted.

But, let’s face, it the ‘Web2’ space doesn’t have all the answers either. Subscribing to platforms like Pitchbook and Crunchbase can be an expensive business, expecially for the for the everyday individual builder who doesn’t have access to a corporate expense account, making it difficult to access reliable, trustworthy, web3 data for the average person.

After a while in Beta, a new startup, now formally coming out of the gate, hopes to change this.

EdgeIn is a new database platform which it says is aiming to “level the playing field for builders in Web3” to “erode Big Venture/Hedge’s advantage/stranglehold” over the market, it says.

Advertisement

Put simply, the platform is pulling in lots of different data sets in a familiar database format and making it either (mostly) freely available or charging a low subscription.

The Web3 dataset on companies, projects and investments will cost $14.99/month, and offer real-time updates on companies, people, deals and events. Unusually, it will also offer emails of users on the platform (I’m not sure how that will play with Europe’s GDPR however).

Cofounder and CEO Redg Snodgrass told me the idea for the platform came from ‘scratching his own itch’ in terms of a desire to get reliable data for discovery, due diligence and competitive analysis: “We spoke with 100s of investment analysts and associates (the workhorses) and heard the same pain points over and over. Crunchbase is stale and unreliable. Pitchbook is too expensive and out of reach especially for web3-specific data. Other incumbents in the space move too slow. Everyone wanted a better, more collaborative experience.”

There are currently two user journeys on the site: company and investor. The platform pulls in lots of data sets from partners such as Harmonic.ai or Amberdata, and indexes companies itself. A companies page offers ‘Recently Discovered’ Web3 projects. This is a short view of a company, plus users can tag-up companies, add a reaction or add it to a personal list.

Advertisement

It also displays a company index which can be filtered on funding, geography, trending, recently acquired or shut down.

An activity timeline shows events related to a company listing, such as fundraising, acquisitions, hiring events, plus the company’s team, as well as investment data. On the Investors page you can see they invest in certain tags, but a user can also contrast with their actual deals.

Finally, if users see missing data, they can make suggestions on the platform which – EdgeIn claims – can be acted upon in around an hour.

EdgeIn claims to have indexed over 90% of the Web3 market to date, and listed 50,000 Web3 companies and projects, with 4,000 active investor profiles and over 20,000 builders. The company eventually plans to target Generative AI, AR/VR and a few other alpha markets.

Advertisement

Community members have free access to around 25,000 published companies, and since anyone can provide data, EdgeIn wants to create incentivize structures for that, such as with tokens. In addition, EdgeIn will be releasing an API.

Founded by Snodgrass, Ashley Brown and Raymond Lopez, the company is currently bootstrapping and has raised $400,000 from a handful of angel investors including Mike Dinsdale (Akkadian Ventures, DocuSign, DoorDash, Gusto), Mike Borozdin (DocuSign, Google), Jeremy Clover (Circle), Pedram Amini, Bayo Okusanya and Ulises Merino Núñez. The company is now in the process of raising a $1.5M pre-seed round at an $8 million cap.

​ As we saw with the collapse of FTX, the Web3 space leaves a lot to be desired in terms of transparent information about companies, fundings, management and a slew of other data that really is commonplace and ‘de rigueur’ in the ‘normal’ tech industry. And there are far too many so-called ‘Web3 analyst’ houses that 

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

US May Completely Cut Income Tax Due to Tariff Revenue

Published

on

President Donald Trump says the United States might one day get rid of federal income tax because of money the government collects from tariffs on imported goods. Tariffs are extra taxes the U.S. puts on products that come from other countries.

What Trump Is Saying

Trump has said that tariff money could become so large that it might allow the government to cut income taxes “almost completely.” He has also talked about possibly phasing out income tax over the next few years if tariff money keeps going up.

How Taxes Work Now

Right now, the federal government gets much more money from income taxes than from tariffs. Income taxes bring in trillions of dollars each year, while tariffs bring in only a small part of that total. Because of this gap, experts say tariffs would need to grow by many times to replace income tax money.

Questions From Experts

Many economists and tax experts doubt that tariffs alone could pay for the whole federal budget. They warn that very high tariffs could make many imported goods more expensive for shoppers in the United States. This could hit lower- and middle‑income families hardest, because they spend a big share of their money on everyday items.

What Congress Must Do

The president can change some tariffs, but only Congress can change or end the federal income tax. That means any real plan to remove income tax would need new laws passed by both the House of Representatives and the Senate. So far, there is no detailed law or full budget plan on this idea.

What It Means Right Now

For now, Trump’s comments are a proposal, not a change in the law. People and businesses still have to pay federal income tax under the current rules. The debate over using tariffs instead of income taxes is likely to continue among lawmakers, experts, and voters.

Advertisement
Continue Reading

News

Epstein Files to Be Declassified After Trump Order

Published

on


Former President Donald Trump has signed an executive order directing federal agencies to declassify all government files related to Jeffrey Epstein, the disgraced financier whose death in 2019 continues to fuel controversy and speculation.

The order, signed Wednesday at Trump’s Mar-a-Lago estate, instructs the FBI, Department of Justice, and intelligence agencies to release documents detailing Epstein’s network, finances, and alleged connections to high-profile figures. Trump described the move as “a step toward transparency and public trust,” promising that no names would be shielded from scrutiny.

“This information belongs to the American people,” Trump said in a televised statement. “For too long, powerful interests have tried to bury the truth. That ends now.”

U.S. intelligence officials confirmed that preparations for the release are already underway. According to sources familiar with the process, the first batch of documents is expected to be made public within the next 30 days, with additional releases scheduled over several months.

Reactions poured in across the political spectrum. Supporters praised the decision as a bold act of accountability, while critics alleged it was politically motivated, timed to draw attention during a volatile election season. Civil rights advocates, meanwhile, emphasized caution, warning that some records could expose private victims or ongoing legal matters.

The Epstein case, which implicated figures in politics, business, and entertainment, remains one of the most talked-about scandals of the past decade. Epstein’s connections to influential individuals—including politicians, royals, and executives—have long sparked speculation about the extent of his operations and who may have been involved.

Advertisement

Former federal prosecutor Lauren Fields said the release could mark a turning point in public discourse surrounding government transparency. “Regardless of political stance, this declassification has the potential to reshape how Americans view power and accountability,” Fields noted.

Officials say redactions may still occur to protect sensitive intelligence or personal information, but the intent is a near-complete disclosure. For years, critics of the government’s handling of Epstein’s case have accused agencies of concealing evidence or shielding elites from exposure. Trump’s order promises to change that narrative.

As anticipation builds, journalists, legal analysts, and online commentators are preparing for what could be one of the most consequential information releases in recent history.

Continue Reading

Politics

Netanyahu’s UN Speech Triggers Diplomatic Walkouts and Mass Protests

Published

on

What Happened at the United Nations

On Friday, Israeli Prime Minister Benjamin Netanyahu addressed the United Nations General Assembly in New York City, defending Israel’s ongoing military operations in Gaza. As he spoke, more than 100 delegates from over 50 countries stood up and left the chamber—a rare and significant diplomatic walkout. Outside the UN, thousands of protesters gathered to voice opposition to Netanyahu’s policies and call for accountability, including some who labeled him a war criminal. The protest included activists from Palestinian and Jewish groups, along with international allies.

Why Did Delegates and Protesters Walk Out?

The walkouts and protests were a response to Israel’s continued offensive in Gaza, which has resulted in widespread destruction and a significant humanitarian crisis. Many countries and individuals have accused Israel of excessive use of force, and some international prosecutors have suggested Netanyahu should face investigation by the International Criminal Court for war crimes, including claims that starvation was used as a weapon against civilians. At the same time, a record number of nations—over 150—recently recognized the State of Palestine, leaving the United States as the only permanent UN Security Council member not to join them.

International Reaction and Significance

The diplomatic walkouts and street protests demonstrate increasing global concern over the situation in Gaza and growing support for Palestinian statehood. Several world leaders, including Colombia’s President Gustavo Petro, showed visible solidarity with protesters. Petro called for international intervention and, controversially, for US troops not to follow orders he viewed as supporting ongoing conflict. The US later revoked Petro’s visa over his role in the protests, which he argued was evidence of a declining respect for international law.

BILATERAL MEETING WITH THE PRIME MINISTER OF ISRAEL Photo credit: Matty STERN/U.S. Embassy Jerusalem

Why Is This News Important?

The Gaza conflict is one of the world’s most contentious and closely-watched issues. It has drawn strong feelings and differing opinions from governments, activists, and ordinary people worldwide. The United Nations, as an international organization focused on peace and human rights, is a key arena for these debates. The events surrounding Netanyahu’s speech show that many nations and voices are urging new action—from recognition of Palestinian rights to calls for sanctions against Israel—while discussion and disagreement over the best path forward continue.

This episode at the UN highlights how international diplomacy, public protests, and official policy are all intersecting in real time as the search for solutions to the Israeli-Palestinian conflict remains urgent and unresolved.

Continue Reading

Trending