Backed by Jay-Z, Web3 Hardware Startup Spatial Labs Raises $10 Million The New Coins With a Meteoric Rise to Success: Big Eyes Coin, Dash 2 Trade and Bonk

With the crypto winter beginning to thaw, investors are looking to spot coins with great potential now, before the bull market truly gets underway. Longterm investors may profit by being patient, as crypto exchanges currently have generally low prices. New investors, however, could transform their digital wallet by jumping on the back of new coins with a meteoric rise to success. Big Eyes Coin (BIG), Dash 2 Trade (D2T) and Bonk Inu (BONK) seem to be the most successful new coins on the market and may just be your ticket to success as their popularity and value skyrockets.

$17.5 Million Raised by Big Eyes Coin

Founder Iddris Sandu opens up about his crypto hardware play and brainstorming with his ‘big brother’ celebrity investor.

Web3 startup Spatial Labs has raised $10 million in its seed funding round, led by Blockchain Capital and backed by billionaire rap artist Jay-Z’s venture capital firm Marcy Venture Partners. When combined with Spatial’s pre-seed funding raise of $4 million, the new round brings the startup’s total funding to $14 million.

Spatial Labs has developed a 13-millimeter microchip called the LNQ One Chip, which can be sewn or embedded into physical fashion items. Each chip can be scanned with a smartphone via near-field communication (NFC) technology, revealing details about the item and creating a digital copy of it for metaverse wearability. Each physical chip is tied to an NFT on Polygon with lots of opportunities for brands to add details or custom content to the chip’s metadata.

Spatial Labs was started in 2019 by Iddris Sandu, a 25-year-old Ghanaian-American entrepreneur. In an interview with Decrypt, Sandu shared his vision for the hardware startup.

The new coin making a splash, Big Eyes Coin, is already hugely popular and will be debuting on the Ethereum network. The meme coin has a cute cat token in contrast to the dog-related coins that previously dominated the market, and has a strong community base. The project is currently in the ninth stage of the presale and has raised over $17.5 million. This coin is demonstrating an astronomical rise in its early stages, and experts predict that this will only continue.

The project seeks to increase the adoption of DeFi by introducing money into the ecosystem and improving accessibility. It will gain from the popularity of meme coins on social media, the advantages of DeFi, and the demand for its Sushi Crew NFTs.