Another day, another million worth of funding round completed by a decentralized finance project as investors show support for the sector.
Decentralized venture capital project BullPerks announced it has successfully completed its private funding round by raising $1.8 million.
A community-driven capitalism venture and multi-chain launch pad solution, BullPerks is a promising potential that could have a lasting impact on the crypto space. It is perceived as a dual project under one roof that leverages the same token and revolutionary tier system.
Its dual-pronged approach gets rid of the illusion of VC-level investing only for early adopters.
At the forefront of fundraising
Leading the funding round are investors that include X21, GD10, Shima Capital, AU21, Alphabit, Genblock, Blocksync, Darkpool, Skynet Trading, Moonwhale, Sora Ventures, Faculty Capital, ThreeM Capital, among others.
In developing what it termed as a “level playing field,” BullPerks was able to bring more people into the crypto space and had them exposed to innovative blockchain projects under development.
Benefactors must have seen that the project was capable of providing composable systems to the industry, something that is not present at current times.
Benefactors express confidence
Explaining their business decision to support BullPerks, GD10 Ventures head Dr. Deeban Ratnewaran said they are backing the project’s vision of democratization of the Venture Capitalist industry as it enables small investors to fight whales by enabling them to charge lucrative projects at seed and private phases.
Meanwhile, Jason Fang of Sora Ventures said their company demands products to be more decentralized and in order to meet their needs they need a platform such as BullPerks. Moreover, they are also excited as they think this will be a key element in showing how retailers assess similar projects in the future.
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