2021-03-17 02:23:06
Hello Totem Warriors,
We are thrilled to announce the closing of our strategic sale round for $255,000 with an amazing roster of strategic investors, including DuckDAO, Nabais Capital, LD Capital, Alphabit, Altvest, Moonwhale Ventures, and Bluenode Capital.
The roughly 120X oversubscribed strategic fundraising round saw more than $30 million in interest from thousands of applicants, showing the overwhelming demand for DeFi prediction market providers which feature non-punitive BTC rewards.
From an allocation point of view, we had many considerations to take into account, including which contributors would facilitate growth across key geographies, and the depth of experience and expertise which each partner would bring to the project.
We have no doubt that the firms we chose to partner with will allow us to take our project to the next level, and will help us to realise our vision of providing decentralised, staking-based prediction markets to the crypto community.
Thanks,
Team Totem
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