Crypto launchpad co-founded by Goan raises $2m in 5 days

AdLunam, a crypto launchpad co-founded by Goan entrepreneur and investor Jason Fernandes, has raised over $2 million in funding over a interval of 5 days, valuing the corporate at $22million.

The startup, which serves as a group in addition to a launchpad for blockchain-based initiatives, connects early stage crypto startups with buyers who’ve confirmed observe information.

The startup, co-founded by Nadja Bester, Lawrence Hutson and Jason, is presently based mostly out of the British Virgin Islands and will probably be opening a workplace in Dubai quickly.

AdLunam, which plans to develop into the Reddit of the crypto business, tracks and grades investor behaviour and the rating is then saved in a novel non fungible token (NFT).

The corporate has already entered into strategic partnerships with the likes of Polygon, which has a market cap in extra of $15 billion and different business gamers reminiscent of Cryption Community, Hypersign and Unmarshal.
Fernandes says that AdLunam wishes to make sure that crypto initiatives can elevate capital by giving entry to early-stage token gross sales to buyers who will maintain tokens for long run and likewise promote the initiatives slightly than these centered on short-term positive aspects.

“AdLunam’s distinctive ‘have interactions to earn’ system allows buyers to entry funding alternatives based mostly on a mixture of their engagement rating and pockets rating.

This means that buyers or customers can earn crypto tokens based mostly on their interplay with the group by posting, commenting, voting, creating content material and referrals.

“AdLunam’s personal public sale will happen someday in April on centralised exchanges, and Bitforex. Previous to that, nonetheless, we intend to launch two different initiatives on our seed funding platform, making us the primary launchpad to boost funding for an exterior venture earlier than the launch of their very own token” mentioned Fernandes.


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