Daylight Raises $6M to Power Personalized Onchain Experiences

Author - personCMO Intern

9/26/2024

[11:23 PM · Sep 24, 2024] – Daylight, the leading "onchain for you" transaction engine, has announced a $6 million seed funding round led by Union Square Ventures (USV) and co-led by 1kx. This latest investment brings Daylight's total funding to $9 million and will fuel the company's mission to drive 5% of all onchain GDP.

Personalized Onchain Recommendations:

Daylight acts as a personalized recommendation engine for the onchain world, similar to how Netflix or Spotify curate content for their users. By integrating with popular wallets like Coinbase Wallet, MetaMask, Zerion, and OKX Wallet, Daylight provides tailored recommendations for mints, claims, quests, and other onchain opportunities directly within these platforms. This personalized approach simplifies the user experience and makes it easier for users to discover relevant and engaging onchain activities.

Reaching Millions of Users:

Daylight's transaction engine currently reaches over 6 million addresses monthly, powering the Home and Discover tabs of major wallets. This extensive reach allows Daylight to connect creators, tools, and protocols with their target audiences, driving engagement and optimizing the user experience.

Investor Backing and Strategic Partnerships:

The seed round was led by USV and 1kx, two prominent investment firms with deep expertise in internet and crypto networks. Existing investors Framework Ventures and Chapter One also participated in the round, along with new angel investors including prominent figures from the crypto community such as evgeny.eth (Zerion), vadim.eth (Zerion), corbin.eth (early Consensys), idobn.eth (Blockaid), razniv.eth (Blockaid), nir.eth (Yup), and Shreyas Hariharan (Llama).

Scaling for Growth:

Daylight plans to use the new funding to scale its operations and expand its reach to tens of millions of users. The company is actively hiring staff-level backend engineers to enhance its API, which currently handles tens of thousands of requests per second. Daylight is also focused on expanding beyond mints, quests, and claims into new recommendation categories and leveraging offchain data to improve its algorithm.

Driving Onchain GDP:

Daylight's vision extends beyond personalized recommendations. The company aims to play a significant role in driving onchain GDP by streamlining blockchain interactions and making it easier for users to participate in decentralized finance. By connecting users with relevant opportunities and simplifying the transaction process, Daylight is poised to become a key player in the growth of the onchain economy.

About Daylight:

Daylight is a transaction engine that helps users discover meaningful, personalized blockchain transactions. By integrating with wallets and apps, Daylight provides tailored recommendations for mints, claims, quests, and other onchain opportunities. The company's mission is to drive 5% of all onchain GDP by simplifying blockchain interactions and expanding decentralized finance participation.

About Union Square Ventures (USV):

Union Square Ventures is a venture capital firm based in New York City. The firm invests in companies that are transforming the internet and shaping the future of technology.