Category: Press release

Blockinvest Ventures funds $30M capital for the development of a potential project Bitcoinnami

Cryptocurrency has always been a craze sector, especially in the recent, the prices of the crypto-coins have been steadily rising despite Covid-19 pandemic which has damaged the capital market.

Following the early stages of Bitcoinnami, Blockinvest Ventures highly appreciate the project’s vision and roadmap as well as the potential of the product their team created. Therefore, this venture have decided to invest $30M in this project, which is the first step for us to build beneficial partnerships and start with the future development orientation.

Blockinvest Ventures is a financial technology project that allows businesses to create bespoke financial instruments. The company seeks to replace current financial procedures by improving the journey of an instrument operator, providing means to enter the blockchain markets and remain compliant. BlockInvest has been investing for many crypto projects and exchanges, they have a full-scale global operation with the ability to trade on all major exchanges and markets.

BitcoinNami is envisioned as one of the first heterogeneous multi-chain frameworks designed to facilitate cross-chain interoperability and scalability of blockchains. This platform functions itself as a global payment connector. With simple technical applications built into the protocol of the system and firm cooperation and integration with international exchanges, users can promptly swap and trade BTCN and other tokens without any troubles.

The fundraise looks like a highly strategic one and so BlockInvest decided to invest 30 million USD to nurture the growth of this application implied for BTCN system’s technology and ideas. At the same time, the venture will make recommendations on strategic directions in the coming time to suit the trends of the times, especially develop ecosystem-oriented strategy.

Matic Raises $10M from Blockinvest Ventures

Matic network provides scalable, secure and instant Ethereum transactions. Matic wallet will enable users to interact easily with Matic network while having a simplified User experience to make faster transactions.

The key aim is to change the decentralized transactions by leveraging a combination of blockchain scaling, developer platform and tools, and a rapid focus on User experience.

Matic network provides scalable, secure and instant Ethereum transactions. Matic wallet will enable users to interact easily with Matic network while having a simplified User experience to make faster transactions.

The key aim is to change the decentralized transactions by leveraging a combination of blockchain scaling, developer platform and tools, and a rapid focus on User experience.

Matic wallet will help users to interact with DApps and sign transactions easily while keeping their private keys safe on their mobiles. This is a great way of making blockchains reachable to mainstream users.

As mentioned earlier, Matic network aims to solve the problems faced by the blockchain ecosystem by building a decentralized platform using an adapted version of the Plasma framework. This enables low-cost transactions using Matic’s sidechain while also increasing the throughput.

Blockinvest Ventures is a leading investment fund specializing in blockchain technology, privacy-preserving technologies, and early-stage projects. This investment is aligned with goals to achieve adoption through better usability alongside scalability and will help realize the vision to achieve scale for decentralized applications.

Bat attention (BAT) Raises $20 Million in Round with Blockinvest Venture

Several companies participated in BAT’s latest funding round, including Blockinvest Venture, Standard Crypto and other venture.

The new funds will go toward extending the project’s reach.

The company has raised more than $20 million in the past through separate fundraisers, including a $3 million venture capital round in July 2020 and a $17 million ICO in 2017.

BAT REMAIN STRONG

The $330 billion digital advertising industry is failing users, publishers and advertisers. The Basic Attention Token solves the endemic inefficiencies and privacy violations hobbling the digital ad industry.

BAT has seen stunning results since its integration into the Brave browser’s first global private ad platform: 25.4 million monthly active users, 9.2 million daily active users, 1 million verified creators accepting BAT, millions of wallets created, thousands of ad campaigns with leading brands, and growing utility in the most innovative names in blockchain gaming. The results make BAT one of the most, if not the most, successful alt–coin projects to date.

byMike DaltonOc

Decentraland – a blockchain VR project, has raised $13 million in new funding

A virtual reality project built on top of blockchain technology has raised over $13 million from Blockinvest Venture-a leading investment fund specializing in blockchain technology, privacy-preserving technologies, and early-stage projects.

Decentraland, as previously reported by CoinDesk, is looking to create a virtual world, in which blockchain acts as a registry for digital plots of land. Among those involved is developer Manuel Aráoz, who also built the bitcoin document timestamping tool Proof of Existence.

Besides, Kicking off yesterday afternoon, the ICO raised 86,206 ether ($26,203,082 at press time), according to the Decentraland website, and hit its pre-set hard cap in a little over an hour.

The speed with which the raise was completed evoked memories of the Brave sale in May, which concluded in an astonishing 30 seconds. Perceptions that, as a result, the tokens sold will have ended up in the hands of a few bigger investors stoked some criticism on social media.

Decentraland’s ICO is the latest in a string of such crowdsales, as illustrated by data from CoinDesk’s ICO Tracker, that have raised more than a billion dollars-worth of cryptocurrency to date. More than $500 million was raised in July alone through the funding model.

Also completed this week, was an ICO held by 0x, a decentralized exchange project, which raised $24 million.

ChiliZ raises $60 million from Blockinvest Ventures and other organisations

Blockinvest Ventures-a leading investment fund specializing in blockchain technology, privacy-preserving technologies, and early-stage projects, has invested in blockchain esports and traditional sports voting platform, chiliZ.

The amount invested by Blockinvest Venture is undisclosed, but it will “work hand-in-hand” with chiliZ to “engage with the sports industry and develop a fan-driven token ecosystem for traditional sports teams.”

Alexandre Dreyfus, CEO of chiliZ discussed this investment: “Blockinvest Ventures’s significant investment in chiliZ will boost our current private placement offering and help us to move faster. Their support will help us deliver our vision globally, increase our visibility in the blockchain ecosystem and empower our technical vision. I’m also excited that Blockinvest Venture is setting-up in UAE, where we will be able to share resources, enabling a more strategic partnership.”

Another announcement from the platform has revealed that it has reached its goal of raising $65m (£48.6m) through a global private placement place for chiliZ tokens.

Dreyfus also touched on the amount of money chiliZ has raised: “We have been overwhelmed by the demand for chiliZ tokens in the last few days. It has been a combination of hard work from the team, but also our strategic partners who invested and believe in our long-term vision. This gives us a great runaway to develop and deploy our vision, and to start looking at acquisitions.”

In late May, chiliZ announced plans to invest $10m (£7.4m), at least, into organisations who compete in Battle Royale titles. There main three titles in this genre are Fortnite, PlayerUnknown’s Battlegrounds, and H1Z1. chiliZ has a strong advisory board with well-known people from the esports industry, such as Fnatic’s CEO Wouter Sleijffers and Team Vitality’s CEO Nicolas Maurer.

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