Yoz Labs
Date | Investors | Amount | Round |
---|---|---|---|
* | $3.5m | Early VC | |
Total Funding | CAD4.8m |
Recent News about Yoz Labs
EditYoz Cloud is a forward-thinking startup focused on making blockchain technology more accessible and user-friendly. The company is led by a team of experienced professionals, including former Facebook and Ripple engineers, and a Y Combinator (YC) founder. The team brings a wealth of expertise in product engineering, operations, and protocol engineering, all aimed at enhancing the decentralized application (dApp) ecosystem.
Yoz Cloud operates in the burgeoning Web3 market, which encompasses blockchain-based decentralized applications and services. Their primary clients include developers and users of decentralized applications, as well as investors interested in Non-Fungible Tokens (NFTs) and decentralized finance (DeFi) protocols. The company is dedicated to improving both the user and developer experience in these areas.
The business model of Yoz Cloud revolves around providing Web3 notifications and fractional ownership of NFTs. Web3 notifications are designed to keep users updated on their favorite blockchain activities without needing to constantly monitor them. This service is particularly beneficial for users engaged in DeFi protocols like Aave and NFT marketplaces like CryptoPunks. By offering timely updates, Yoz Cloud enhances user engagement and satisfaction.
Fractional ownership of NFTs is another innovative service provided by Yoz Cloud. This allows investors to own a portion of high-value NFTs, reducing entry costs and increasing accessibility. This model not only democratizes access to valuable digital assets but also fosters new communities around shared ownership.
Yoz Cloud generates revenue through subscription fees for their notification services and transaction fees from their fractional NFT ownership platform. By addressing key pain points in the Web3 space, Yoz Cloud is well-positioned to capture a significant share of this rapidly growing market.
Keywords: Web3, blockchain, decentralized applications, NFTs, fractional ownership, notifications, DeFi, Aave, CryptoPunks, accessibility.