Dibbs Marketplace to Start Accepting Transactions in USD Coin

According to the press release, it will support popular blockchains like Avalanche, Flow, and Solana by leveraging Circle’s payment solutions to enable payments in USDC when buying and selling collectibles as NFTs. Dibbs allows collectors to buy and sell fractions of physical collectibles in real time, ranging from sports and gaming trading cards to comic books.

On Dibbs, collectors can quickly access and own highly sought-after physical collectibles that have been authenticated, insured, vaulted, tokenized, and minted into the digital ecosystem by Dibbs. Additionally, collectors benefit from a truly flexible marketplace: instant buying, selling, and liquidity, as well as stable pricing and transparent fees.

“Since day one, we’ve aimed to make the most sought-after and valuable collectibles in the world more accessible for everyone. We are excited to build upon that by incorporating USDC. By accepting cryptocurrency as payment for the first time, we’re able to offer our collectors even more flexibility and convenience. With Circle, Dibbs collectors benefit from technology that seamlessly connects the traditional financial system with many of the world’s leading blockchains. This is another step forward in creating a platform that delivers more options than ever for collectors across the world to fund, grow, and monetize their collections,” Evan Vandenberg, Dibbs Founder and CEO, commented.

Businesses of all sizes can use Circle’s payments and financial infrastructure. As of June 2022, USDC is one of the world’s fastest-growing digital assets and has supported more than $1.9 trillion in on-chain transactions.

Funding Round

Circle became the latest firm in the financial ecosystem to raise significant funds for its expansion in April. The company raised $400 million in a  funding round 
Funding Round

Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business in question. Common factors that analysts use for valuations include market size, risk, management, and historical transparency. Types of Funding RoundsThe seed funding round officially kicks off a startup’s equity fundraising process. Used by startups to finance the beginning stages of its business, some proceeds of seed funding may go towards product development and market research.Common investors include angel investors, friends, family, and venture capital firms.Companies that emerge out of the seed funding round that has gone on to prove its ability to build a consumer base while generating a regularly occurring revenue can participate in Series A Fundraising.Businesses that wish to opt-in to a Series A funding round must also possess a strong business strategy to illustrate how it will continue to manifest into a successful business. Series B Fundraising are available for companies that are seeking to depart the development stage that has valuations between $30 million to $60 million.Companies that go on to make it to Series C funding rounds are considerably successful where the aim is to scale a company as efficiently and quickly as possible. Typical investors include investment banks, private equity firms, and hedge funds. For many investors, monitoring how a startup goes through funding rounds is a tactical strategy for securing high-probability investments.

Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business in question. Common factors that analysts use for valuations include market size, risk, management, and historical transparency. Types of Funding RoundsThe seed funding round officially kicks off a startup’s equity fundraising process. Used by startups to finance the beginning stages of its business, some proceeds of seed funding may go towards product development and market research.Common investors include angel investors, friends, family, and venture capital firms.Companies that emerge out of the seed funding round that has gone on to prove its ability to build a consumer base while generating a regularly occurring revenue can participate in Series A Fundraising.Businesses that wish to opt-in to a Series A funding round must also possess a strong business strategy to illustrate how it will continue to manifest into a successful business. Series B Fundraising are available for companies that are seeking to depart the development stage that has valuations between $30 million to $60 million.Companies that go on to make it to Series C funding rounds are considerably successful where the aim is to scale a company as efficiently and quickly as possible. Typical investors include investment banks, private equity firms, and hedge funds. For many investors, monitoring how a startup goes through funding rounds is a tactical strategy for securing high-probability investments.
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