фото показано с : invezz.com

Polygen has raised $2.3 million through a funding round. The world’s first true decentralized launchpad is unique on the market in that anyone can launch a project on it. It is a permissionless launchpad that invests in innovation without fees.

Current launchpads foster innovation on a specific blockchain, but they also work the same way. Polygen operates by doing away with middlemen and gatekeepers, considering the need for process automation, greater transparency, and post-launch support.

Polygen CEO Mike Hepburn comments:

I am extremely excited to be part of the Polygen team. Our industry-first, decentralized launchpad with no gatekeepers, is generating a lot of excitement in the crypto ecosystem. Furthermore, I believe Polygen represents a step-change in launchpad fundraising with Projects able to raise funds with complete freedom to innovate and experiment.

It’s no coincidence that this approach has attracted attention from investors. Polygen raised $2.3 million in a funding round led by SL2 Capital. Other participants included AU21, Polygon Syndicate, 18 Ventures, Twin Apex Capital, Axiom, ZBS Capital, Pluto, and Insignius Capital.

An Insignius Capital representative commented:

Insignius Capital is excited to embark upon this journey with Polygen. The current lack of transparency and decentralization shouldn’t be the norm for launchpads.  As such, we are committed to supporting Polygen in bringing decentralization and efficiency back to the launchpad sphere. We look forward to a positive collaboration with the highly regarded Polygen team.

Polygen takes the novel approach in the blockchain space of putting project and investor interests before those of the launchpad’s operators. Its technology has the potential to provide unparalleled and democratized access to launchpad services.

Polygen’s decentralized approach can lead any project to success. Developers can use event-based raise tokens instead of permanent ones. This approach can suit any type of funding model: public, private, or seed.

The launchpad’s main selling point is that every step of the process takes place on-chain for maximum transparency. As any developer or team can list a project, there will be wider access to innovation and investment opportunities.

The post Polygen, the first truly decentralized launchpad in history, raises $2.3M in investment round appeared first on Invezz.

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