Blockchain identity passport platform Quadrata raises $7.5 million in seed round

2022-7-13 20:17

Quadrata, a passport network bringing identity, reputation, and compliance to blockchain apps, today announced a $7.5 million seed funding round, led by blockchain venture capital firm, Dragonfly Capital.

These new funds will allow Quadrata to grow its ecosystem with the goal of integrating hundreds of dApps and offering the Quadrata Passport to millions of blockchain users.

Similarly, the funding aims to drive Quadrata to become a global ID solution across multiple blockchains. In addition, Quadrata has partnered with TransUnion to create a native on-chain reputation score that will reward users for good behavior.

The raise also saw participation from institutional investors such as Franklin Templeton, Abra, GSR Ventures, Orange DAO, Fellows Fund, GreatPoint Ventures, and August Capital. Prominent Angel investors include Balaji Srinivasan (FRM Coinbase), Ryan Selkis (Messari), Mathieu Nouzareth (The Sandbox), Zeneca (ZenAcademy), and Wilson Lee (The Littles).

Quadrata NFT Passport

To allow web3 projects to provide a safer and more secure experience for its users, the Quadrata NFT Passport will host verifiable identity information and compliance review ratings with the help of its privacy-preserving and sybil-resistant technology.

This technology intends to help web3 initiatives such as play-to-earn games, NFT drops, or token airdrops to mitigate the risk of bots exploiting the transparent nature of blockchain to get ahead of real users. Ultimately, the goal is to help combat the dilemma of anonymous founders being potential bad actors.

“Partnering with a web3-native fund was a key consideration during our funding round. Given Dragonfly Capital’s proven success with major players in the space, we are thrilled to have them as a strategic advisor leading our investment round. We look forward to partnering with Dragonfly to be able to provide an identity solution that brings maturity to blockchain and decentralized applications.”
– Fabrice Cheng, CEO/Co-Founder, Quadrata

Quadrata has an expansive roadmap for the rest of the year into 2023, with plans to develop its passport technology to other blockchains, decentralize its network, and rapidly grow its ecosystem by partnering with projects to make on-chain identity available for institutions and users.

The post Blockchain identity passport platform Quadrata raises $7.5 million in seed round appeared first on CryptoNinjas.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

High Performance Blockchain (HPB) на Currencies.ru

$ 0.0100291 (+7.61%)
Объем 24H $25.057k
Изменеия 24h: 5.20 %, 7d: 30.40 %
Cегодня L: $0.0090557 - H: $0.0100291
Капитализация $732.823k Rank 1812
Цена в час новости $ 0.0910131 (-88.98%)

blockchain seed round million capital identity quadrata

Источник: cryptoninjas.net

blockchain seed → Результатов: 126


Фото:

SNACKCLUB secures $9 million in seed financing to revolutionize blockchain gaming

SNACKCLUB, an innovative sister corporation to LOUD, gaming’s rapidly-growing global brand with 300 million consolidated followers and the maiden gaming institution to attain a million YouTube views, has raised $9 million in seed financing to unveil a decentralized autonomous organization (DAO) dedicated to rethinking gaming control.

2022-4-27 22:00


GameFi platform metaENGINE raises $4M in seed funding ahead of its v1 release

metaENGINE, a first-of-its-kind blockchain gaming infrastructure platform, today announced the completion of a $4 million seed funding. The seed ound was co-led by Lemniscap and Jump Crypto with participation from Polygon Studios, Blockwall, blufolio, Insignius Capital, Future Fund, CoinDCX Ventures, Efficient Frontier, Maelstrom, and other leading VC funds and prominent angels.

2022-3-4 04:08


Фото:

Cardano-Based GOmetalaunch Begins $URGO Token Seed SaleS

GOmetalaunch Utility token, $URGO Token Seed Sale is live now.  GOmetalaunch is the Pioneer Metaverse IDO Launchpad on the Cardano Blockchain, the First of its kind on the Cardano, fully dedicated to Launching Cardano Metaverse projects and Play-to-Earn NFT Projects on the Cardano Blockchain and across other blockchains like Binance and Ethereum. The Vision For […]

2022-2-2 14:37


Фото:

Cardano-Based GO Labs Launches GOmetalaunch as Cardano’s Pioneer Metaverse IDO Launchpad

GOmetalaunch Utility token, $URGO Token Seed Sale will be going live on the 31st of January 2022 at 12:01 AM GMT. GOmetalaunch, the First of its kind on the Cardano Blockchain, is fully dedicated to Launching Cardano Metaverse projects and Play to Earn NFT Projects on the Cardano Blockchain. GO labs, a group of Haskell […]

2022-1-30 20:08


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Adenasoft launches new crypto exchange white label solution: ACE

Adenasoft, a South Korea-based IT/software company, has just announced the launch of ACE, their new SaaS product designed for cryptocurrency exchanges. ACE fully prepares businesses for exchange operations quickly, taking less than a month to get up and running.

Crypto traders can mitigate risk with PODS’ FUD Vault – now live on mainnet

The team of Pods recently announced the mainnet launch of its 3rd strategy on Pods Yield: FUD Vault, which now complements ETHphoria and stETHvv. FUD Vault provides a way for users to benefit from market downturns by offering a mechanism to hedge against significant price drops in ETH while preserving the deposited principal.

What is DeFi Returns? A new way of DeFi Investing

DeFi Returns brings comprehensive up-to-date information on DeFi strategies and protocols, to easily compare and analyze their performance. Getting the most reliable data source for historical yield on DeFi, to help users make informed decisions when investing in the ecosystem.

Crypto securitization platform GenTwo links to all Coinbase assets

GenTwo Digital, the crypto-asset securitization platform based out of Crypto Valley in Zug, Switzerland, today announced a partnership with Coinbase, the publicly-listed cryptocurrency platform. This new partnership for GenTwo Digital allows all Coinbase crypto assets to be wrapped in bankable financial investment products and enables financial intermediaries to issue certificates such AMCs (Actively Management Certificates).