Cryptomeda closes strategic funding round

Funding Rounds

Summary

The round has received tremendous support from a number of crypto industry investors.Cryptomeda has successfully raised $2.7 million in the strategic funding round from notable partners, global funds, and communities.Cryptomeda supporters now include Spark Digital Capital, Blocksync Ventures, GD10 Ventures, AngelOne, Peech Capital, Lotus Capital, Moonwhale, Kardia Ventures, LVT Capital, Raptor Capital, Bigcoin Vietnam, Llama Ventures, Magnus Digital Capital, Signal Ventures, In square Ventures, Blockpact Capital, Minted Labs, Titans Ventures, Megala Ventures, Ventura Capital, Lupa X Capital, CSP Dao, and Black Dragon.Cryptomeda is a complete ecosystem based on the blockchain Non-Fungible Token (NFT) technology to enable users to plug into the crypto space without the hassles of traditional crypto trading. The platform is powered by the native currency of Cryptomeda based on the ERC-20 token standard the TECH token, which can be used for staking, trading cards in the platforms marketplace, purchasing special items in the mobile game, governance, and voting on the projects direction and much more.Unlike the traditional stressful crypto trading market, Cryptomeda aims to create a simple, fun, and entertaining platform of NFT collectibles that attracts mainstream adoption. All the collectibles are cryptographically unique, non-fungible, and immutably stored on the distributed ledger.The Cryptomeda team is dedicated to making the crypto sphere as safe as possible by eliminating open NFT market threats such as frauds and fake copies. This approach makes Cryptomeda outstanding as the project focuses on revolutionizing the NFT ecosystem.The completion of this funding round will enable Cryptomeda to continue its growth towards building a fascinating and successful project thats unique and pioneering in the industry.Cryptomeda is a gaming platform focused on an exciting and unique system of NFT, DeFi, and community cooperation placed into the fantasy world. Cryptomeda aims to make the crypto world fun and easy for all levels of experience and is an entertainment platform that will provide users with a number of opportunities to earn NFT Collectibles, and trade them on the marketplace.

$ Funding

$
Amount $3.3M Total raised
Date May 3, 2021 Announcement date
Investors - Lead investors
Company http://www.discordapp.com Funded company

Classifications

industries
Entertainment
applications
Anti Piracy

AskAI Classifications

Labels
Developer Tools API Platform Collaboration Software

Linked Companies

Discord
$500M to $1B