Polkadot cross-chain possession system Konomi shuts $5M raising in advance of IDO

Polkadot cross-chain asset platform Konomi closes $5M raise ahead of IDO

Konomi Network, a full-suite possession administration option for cross-chain crypto-assets, today revealed it has actually efficiently shut a $5M raising in 3 rounds of financial investment to supply on its item roadmap for enhancing trading, possession, and also loaning administration in the Polkadot ecosystem.

The $5 million increased will certainly sustain Konomi beforehand the decentralized loaning area by presenting assistance for Ethereum online maker and also wise agreement implementation, offering decentralized liquidity swap, and also releasing a standalone Konomi parachain.

Firms adding to the raising consist of: Digital Finance Group ( DFG), Amplifi, Blocksync, CMS, Crypto J, Double Peak, LD Capital, 4 Seasons, Dream Fund, BTX Capital, Coin98 Ventures, FBG Capital, Moonwhale, Titans Ventures, AU21 Capital, Genesis Block, Altonomy, and also Zonff Partners.

“At DFG our team believe highly in Konomi’s capacity to supply on this demand for the Polkadot environment, whose interoperability capacities will certainly allow it to develop the structure of electronic money progressing.”
— James Wo, an energetic capitalist and also the Founder of DFG

Roadmap

The Konomi group is preparing to release a public testnet, and also the token generation and also listing are arranged for mid-March

Konomi’s key emphasis in the short-term is to safeguard tactical partnership with leading DeFi jobs in the Ethereum and also Polkadot areas. Already, Konomi is participated in discussion with a few of the leading business that compose the foundation of the DeFi environment.

As the following action in Konomi Network’s public sale, the job will certainly be performing an area sale for KONO token on Initial DEX Offering (IDO) system,Polkastarter The number targeted for the neighborhood is 200,000 symbols for an overall cost of $200K, and also everyone will certainly be maxed at $500 each.

Source:
konomi.network

Published at Tue, 16 Mar 2021 21:35:44 +0000

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